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Keyword: cronyism

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  • North Carolina Gov. Roy Cooper Creating Two North Carolinas

    04/11/2018 1:50:02 PM PDT · by Kaslin · 23 replies
    Townhall.com ^ | April 11, 2018 | Brian Darling
    Working for the government is supposed to be public service and nobody is supposed to make a career out of government service – nor are they supposed to use the power of government to enrich themselves. Yet, we are seeing before our eyes many examples of individuals going into government and making far more in salary than the taxpayers and using government power to bilk the system. North Carolina is becoming an example of the new two Americas – government political employees versus the people.The definition of hypocrisy is the audacity to preach integrity while acting like a self-dealer. The administration...
  • Murray Rothbard: The Railroading of the American People (American Economy Lecture #2)

    03/21/2018 6:16:52 AM PDT · by Voption · 4 replies
    Mises Institute / Youtube ^ | 1986 | Murray Rothbard
    "The Railroading of the American People," Rothbard discusses one of the largest crony expenditures undertaken by the United States up to that point; the construction of the intercontinental railroad.
  • Joe Bidens Sons Massive Deal with Chinese Company Trying to Steal Americas Nuclear Secrets

    03/20/2018 3:43:39 PM PDT · by detective · 29 replies
    Breitbart ^ | 20 Mar 2018 | Robert Kraychik
    Shortened title. Full title: Exclusive: Peter Schweizer Reveals Joe Bidens Sons Massive Deal with Chinese Company Trying to Steal Americas Nuclear Secrets Peter Schweizer, president of the Government Accountability Institute and author of the new book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, joined SiriusXMs Breitbart News Tonight on Monday to detail the involvement of Hunter Biden, former Vice President Joe Bidens second son, in a China-backed private equity firms investment in a Chinese atomic energy company indicted for nuclear power conspiracy against the United States.
  • Obama used executive powers to benefit close friends' private investment firms: Book

    03/20/2018 12:24:46 PM PDT · by Enterprise · 16 replies
    https://www.washingtonexaminer.com ^ | March 20, 2018 | Katelyn Caralle
    President Obama used his executive powers to attack industries to lower the value of certain companies, allowing his friends in the private sector to swoop in and buy them up at reduced prices, according to Peter Schweizers new book Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends. The book, released Tuesday, said Obama and his administration would deem industries either destructive to the environment or exploitative for the financial and professional gain of his friends, including industries such as coal mining, offshore drilling, cash advance companies, and for-profit colleges.
  • Murray Rothbard: The Railroading of the American People

    02/07/2018 4:54:16 PM PST · by Voption
    Mises.org via Youtube ^ | 1986 | Murray Rothbard
    The late great Murray Rothbard gave a series of lectures in 1986 at New York Polytechnic University entitled "The American Economy and the End of Laissez-Faire: 1870 to World War II." Fortunately, somebody recorded them. Lecture 2: The Railroading of the American People.
  • The GOPs Coming Obamacare Capitulation

    02/05/2018 10:51:07 AM PST · by SoFloFreeper · 16 replies
    NRO (I know, but this one might be worth it) ^ | 2/5/18 | Doug Badger, Marie Fishpaw & Michael Needham
    If conservatives dont coalesce behind a new repeal plan soon soon, they will find themselves bystanders as their Republican colleagues link arms with Democrats. ... a concoction of two bills. The first, championed by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.), would appropriate cost-sharing-reduction payments to insurers. The second, sponsored by Sens. Susan Collins (R., Maine) and Bill Nelson (D., Fla.), would give insurers an additional $10 billion (and perhaps more) in federal cash.
  • AMERICAN AIRLINES UNVEILS PLAN TO IMPROVE DIVERSITY [Gutless Company Buckles to NAALCP]

    12/01/2017 2:28:04 AM PST · by SoFloFreeper · 11 replies
    American Airlines has announced an aggressive plan of action to improve diversity and inclusion... Were seeing individuals removed because theyre wearing a headscarf, said NAACP Legal Defense Fund Senior Counsel Ajmel Quereshi... Thursday, the airline announced a plan of action to make American a more diverse and inclusive company....
  • Whirlpool's Dirty Laundry

    11/21/2017 3:32:42 PM PST · by Eric Pode of Croydon · 29 replies
    American Spectator ^ | 20 November 2017 | Andrew Wilford
    Despite Whirlpools arguments being the corporate equivalent of a child who wants dessert but not to clean his room, the ITC sided with Whirlpool and is now considering which remedies to impose. Whirlpool, for its part, suggests a prohibitively high 50 percent tariff on washing machine imports from LG and Samsung. Implementing this tariff, even in a temporary manner, would harm opportunities for thousands of American workers. Samsung is already in the process of building a washing machine factory in South Carolina, expected to employ nearly 1,000 American workers. LG is constructing a factory in Clarksville, Tennessee, which would employ...
  • Tax Cuts Can't 'Pay For Themselves'? No Place To Cut Government? This Man Says 'Hogwash!'

    11/14/2017 8:54:08 AM PST · by sloop3 · 16 replies
    Politicians on all sides insist that we cant have those big beautiful tax cuts originally promised by Donald Trump because the cuts have to pay for themselves. What theyre really saying is that tax cuts can't be large enough to curtail the government spending. Tax cut opponents like to create the impression that Big Governments current spending is so critical to our national welfare, its simply not feasible for cuts to be madeanywhere. Really? Free Market Central spoke to Adam Andrzejewski, Founder and CEO of OpenTheBooks.com, the non-profit, non-partisan organization whose mission for the last six years has been to...
  • How Little-Known "CON" Laws Are Bad For Your Health

    Politicians often insist government is the only way to increase access to health care. In fact, the opposite is true: For years,certificate of need laws at the state level have prevented much-needed medical facilities from being built across the country.
  • Paid Patriotism - How the DOD paid NFL teams for flag ceremonies

    09/27/2017 7:35:18 AM PDT · by RinaseaofDs · 23 replies
    Truthdig ^ | 9/26/17 | Emma Niles
    Unfortunately, contrary to the public statements made by DOD and the NFL, the majority of the contracts72 of the 122 contracts we analyzedclearly show that DOD paid for patriotic tributes at professional football, baseball, basketball, hockey, and soccer games. These paid tributes included on-field color guard, enlistment and reenlistment ceremonies, performances of the national anthem, full-field flag details, ceremonial first pitches and puck drops. The National Guard paid teams for the opportunity to sponsor military appreciation nights and to recognize its birthday. It paid the Buffalo Bills to sponsor its Salute to the Service game. DOD even paid teams for...
  • Economic Development: The Jokes on Us

    09/22/2017 12:28:52 PM PDT · by Twotone · 5 replies
    American Spectator ^ | September 21, 2017 | Jon Cassidy
    In the HBO show Silicon Valley, theres a running joke about server farms as gulags. The data center on the show is utterly removed not just from the currents of innovation and finance, but from normal human contact, and its managed by a character borrowing his affectless demeanor from Ben Stein in Ferris Buellers Day Off. Even if you know nothing about tech, the vast rows of servers unattended by humans give you all the visual information you need for the setup these places have all the glamour of storage units. The payoff comes when the developers learn that...
  • There is No Proper Mix of Government, Community and Business

    09/21/2017 8:17:37 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | September 21, 2017 | Scott Rasmussen
    I grew up in suburbia, and have spent various parts of my life in small towns, a Southern city and in rural Indiana. Moving may be a hassle, but new experiences in new locations provide wonderful opportunities to learn and explore. That's certainly true as I adjust to life in New York City, a vastly different environment than anything I've tried before. Living in the city, my wife and I have encountered government as never before. We rely on the subway to get around, enjoy strolls through Central Park, routinely see police officers and traffic cops and have heard about...
  • Crony defense budget hands SpaceX a monopoly - why?

    09/12/2017 6:40:49 AM PDT · by 54fighting · 15 replies
    Fox News ^ | 9/12/17 | Ron Paul
    Behind the high-minded rhetoric surrounding many government programs, there often (or even usually) lies some grant of special privilege to a powerful business interest. The most well-known example, of course, is ObamaCares individual mandate creating a guaranteed market for insurance companies. However, the most common hiding place for corporate welfare is the Pentagon. Hawkish politicians love sticking gifts to big corporations in the yearly National Defense Authorization Act (NDAA). So it is no surprise to find an example of cronyism in the Fiscal Year 2018 NDAA, which the Senate is expected to vote on this week.
  • 3M CEO Inge Thulin Just Became the 7th Executive to Leave Trumps Manufacturing Council

    08/16/2017 10:05:29 AM PDT · by SoFloFreeper · 43 replies
    Fortune ^ | 8/16/17 | Lisa Marie Segarra
    President and CEO of 3M, Inge Thulin, announced Wednesday he is leaving President Donald Trump's Manufacturing Council. "I joined the Manufacturing Jobs Initiative in January to advocate for policies that align with our values and encourage even stronger investment and job growth in order to make the United States stronger, healthier and more prosperous for all people. After careful consideration, I believe the initiative is no longer an effective vehicle for 3M to advance these goals. As a result, today I am resigning from the Manufacturing Advisory Council," Thulin said in a statement posted to 3M's Twitter account.
  • CEOs Rethink Alliances With White House

    08/16/2017 3:33:11 AM PDT · by SoFloFreeper · 35 replies
    WSJ ^ | 8/15/17 | Vanessa Fuhrmans
    President Donald Trumps response to the weekend violence in Charlottesville, Va., has sparked a new round of soul-searching in U.S. corporate boardrooms over whether they should keep working closely with the White House. On Tuesday, the number of members who have withdrawn from a White House advisory council grew to five, and executives including Wal-Mart Stores
  • Man gets $650K payout after fighting Los Angeles parking ticket

    08/04/2017 7:08:21 PM PDT · by Mark · 28 replies
    Fox L.A. ^ | 8/3/17 | Foxla.com
    LOS ANGELES (FOX 11 / CNS) - The City Council on Wednesday approved a $650,000 payout for a man who successfully fought how the city of Los Angeles processes challenges to parking tickets. Cody Weiss, who sued the city in 2014 after he received a parking ticket, argued that the city unlawfully allows a private for-profit company to process challenges to tickets. A Los Angeles Superior Court judge ruled in his favor last year, and the decision was upheld by the Second District Court of Appeal. City Attorney Mike Feuer petitioned the California Supreme Court to review the appellate decision,...
  • The Weekly Fix: Double Standard

    07/30/2017 1:08:48 PM PDT · by Tolerance Sucks Rocks · 13 replies
    FreedomWorks ^ | July 28, 2017 | Adam Brandon
    The fix is in. Did you know, corporations like General Electric Co. (GE) spend more money on lobbyists than they pay in taxes? The federal government currently taxes corporations at 35 percent. While many argue the rate is too high, you dont hear companies like GE complaining about it. Thats because they arent paying it. Over the past 15 years, GEs federal income tax rate averaged only 5.2 percent. General Electric paid no federal taxes in 2010, despite earning $5.1 billion in U.S. profits. Instead, the company claimed a tax benefit of $3.2 billion. Meanwhile, GE executives awarded themselves more...
  • Republicans are about to kill a bank that's been around for 80 years at least for a little while

    06/24/2015 7:50:39 AM PDT · by SeekAndFind · 22 replies
    Business Insider ^ | 06/24/2015 | ERICA WERNER, ASSOCIATED PRESS
    Congressional Republicans are poised to deal a sharp blow to their traditional allies in the business community by allowing the federal Export-Import Bank to go out of business at the end of the month. But it may only be temporary. The 81-year-old bank is a little-known federal agency created during the Depression that makes and guarantees loans to help overseas buyers purchase US products, from airplanes to bridges to baby clothes. Over the past year it's also become a surprising test of GOP purity, as tea party-backed lawmakers and outside conservative groups have denounced the bank as crony capitalism and...
  • Cronyism Kills Capitalism

    05/31/2017 11:15:05 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 05/31/17 | Megan Barth
    Cronyism is alive and well in the Swamp. We The People who resoundingly voted to Drain the Swamp will lose if the status quo is allowed to win. Status quo, you know, is Latin for the mess were in.Ronald Reagan Crony capitalism is defined as an economic system characterized by close, mutually advantageous relationships between business leaders and government officials. Many of our nations biggest companies come to the Washington Swamp, to hire lobbyists to preserve tax breaks, to use the power of government for competitive reasons or to secure government money for corporate projects. And Elizabeth Warren is happy...