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Keyword: cronyism

Brevity: Headers | « Text »
  • On Met Council, we get cronyism, not reform

    04/16/2015 8:01:39 PM PDT · by TurboZamboni · 4 replies
    Star Tribune ^ | 4-15-15 | DAVID OSMEK
    In January, the 89th Legislature convened to begin its work. With the elections behind us and the House under Republican leadership, we opened the session with a renewed sense of bipartisanship. Many suburban legislators, myself included, had high hopes for one particular bill that would inject some common-sense into a major concern of local city councils — the Metropolitan Council. The Met Council is an unelected body that has the power to tax and spend over $1 billion every year and inject itself regularly into local government decisions. It has the authority to dictate (among other things) where new trains...
  • The Green-Card Racket for Beltway Cronies

    04/01/2015 5:00:06 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | April 1, 2015 | Michelle Malkin
    Can we stop putting America up for sale to the most politically connected bidders yet? Where is our self-respect? Since 2001, I've warned about the systemic and bipartisan corruption of America's EB-5 immigrant investor visa program. The latest report from the Department of Homeland Security's inspector general -- which outlines the meddling and pandering of No. 2 DHS official Alejandro Mayorkas, Nevada Sen. Harry Reid, Democratic bagman Terry McAuliffe, Hillary Clinton's brother Tony Rodham, former Pennsylvania. Gov. Ed Rendell and former Mississippi Gov. Haley Barbour, to name a few -- provides yet more sordid evidence that the green cards-for-sale scheme...
  • (Michelle Obama Approved) Flamin’ Hot Cheetos Qualify as ‘Smart Snack’ Under Federal Guidelines

    03/29/2015 3:13:16 PM PDT · by DogByte6RER · 29 replies
    NPR ^ | March 28, 2015 | Monica Eng
    Guess What Makes The Cut As A 'Smart Snack' In Schools? Hot Cheetos Flamin' Hot Cheetos might conjure a lot of descriptors: spicy, crunchy, unnaturally fiery red. But it's a good bet that "healthy" didn't exactly spring to mind. Yet it turns out that those fiery Cheetos beloved by school children (some kids even made an epic rap paean to Hot Cheetos a few years ago) actually qualify as a "Smart Snack" under revised federal nutrition guidelines for schools. The Obama administration rolled out the new guidelines last year in a bid to limit the amount of junk food kids...
  • Ted Cruz: The Bush Years-What his time at the FTC suggests about how he’d run the White House

    03/27/2015 5:32:40 PM PDT · by 2ndDivisionVet · 43 replies
    The National Review ^ | March 27, 2015 | Jim Geraghty
    Long before Ted Cruz was a big-name senator and conservative rock star, wowing the crowd at Liberty University in the early days of his presidential bid, he was just another lawyer toiling away in virtual anonymity under George W. Bush. While Cruz’s time in the Senate is best known for fiery speeches and high-profile gestures like his 21-hour filibuster, in his earlier time in Washington he demonstrated a wonkish eye for detail and an eagerness to take on powerful industry groups that he saw as stifling competition. Though his efforts ultimately succeeded on a much smaller scale than he’d initially...
  • GOV. WALKER SPEAKS TO PHOENIX CHAMBER, NO CAMERAS ALLOWED

    03/27/2015 8:44:52 AM PDT · by gwgn02 · 34 replies
    Breitbart ^ | 3/27/2015 | Rich Tucker
    Politicians frequently claim they’ve been misquoted or misunderstood by reporters. See Scott Walker’s spokeswoman’s response to a Wall Street Journal report about his position on amnesty. But there’s a sure way to avoid that: Keep reporters out of the room. The Phoenix Business Journal reports that’s what Gov. Walker did when he spoke this week to the Arizona Chamber of Commerce. It was part of a series featuring presidential contenders. “I’d love to tell you what he had to say that was important enough for him to travel thousands of miles from home, but I can’t,” Travis Arbon writes. “The...
  • What did Jeb Bush do to fight Obamacare?

    03/24/2015 11:39:39 PM PDT · by 2ndDivisionVet · 8 replies
    The Washington Examiner ^ | March 23, 2015 | Byron York
    (VIDEO-AT-LINK)For many conservatives, the fight against Obamacare has been the defining battle of President Obama's years in the White House. For them, and probably a majority of the Republican base, fighting first against the passage of the Affordable Care Act and later pressing to repeal it have been so important because: A) they strongly oppose the substance of the law, and B) they see opposition to Obamacare as the best way to resist the president's overall expansion of government. That the struggle has so far been a losing one has not changed the fact that conservatives require their presidential candidates...
  • Is Ted Cruz as President Bad for Business? (Not pro-amnesty and cronyism)

    03/23/2015 4:12:31 PM PDT · by 2ndDivisionVet · 14 replies
    Inc. Magazine ^ | March 23, 2015 | Jeremy Quittner
    Tea Party Republicans get their wish in a Ted Cruz presidential run, but business owners need to think twice.The Tea Party got at least one wish on Monday, with Ted Cruz throwing his hat in the ring for a presidential run in 2016, the first contender to formally announce. Although it's unlikely the junior Senator from Texas--also the first Hispanic senator from the Lone Star State--is likely to secure the nomination, he'll surely help define the debate and possibly push it further to the right, policy analysts say. Discussion topics on the table for Cruz, which may be of interest...
  • Bush, Cruz Stake Out Free Market Turf in Iowa Summit

    03/07/2015 4:21:56 PM PST · by 2ndDivisionVet · 11 replies
    Time Magazine ^ | March 7, 2015 | Zeke J. Miller
    DES MOINES — Former Florida Gov. Jeb Bush and Texas Sen. Ted Cruz risked the ire of Iowa farmers by staking out free-market positions on two federal policies favored by agribusiness at a summit Saturday. The two likely Republican presidential candidates opposed an ethanol requirement favored by corn farmers as well as a wind tax credit in a state where more than a quarter of electricity is generated by wind. They were speaking at the Iowa Ag Summit, which was organized by the state’s largest Republican donor, Bruce Rastetter, at the Iowa State Fairgrounds in Des Moines. Most of the...
  • The DFL Party and the culture of corruption

    03/07/2015 1:37:45 PM PST · by TurboZamboni · 7 replies
    Start Tribune ^ | 3-6-15 | David Hann
    If you picked up a Star Tribune last weekend, you might have read two seemingly unrelated stories. On Saturday, news of a $1.9 billion surplus, with the state budget growing to $42.5 billion for the next two years (“Surging surplus raises the stakes, Feb. 28). On Sunday, a solid piece of investigative journalism about political cronyism on the Iron Range (“Range agency deep into DFL politics, pockets,” March 1). What if these two stories were related? Researchers at Indiana University published a study last year that explored the impact of public officials’ corruption on the size and allocation of state...
  • What to do when a city manager is caught in ethics violations

    02/10/2015 2:25:04 PM PST · by hondact200 · 11 replies
    February 10, 2015 | hondact200
    recently, came to my attention after filing a police report, whereby the city manager granted special provisions to his insurance carrier whom was in violation of a zoning ordinance. the zoning ordinance is specific and the city manager allowed the zoning ordinance infraction to be overlooked, a multi-vehicle accident whereby serious injuries ensued. The city manager is claiming doing nothing wrong, but the emails claim otherwise
  • Obama Touts “Inclusive Capitalism”

    02/09/2015 1:28:52 PM PST · by 2ndDivisionVet · 51 replies
    White House Dossier ^ | February 9, 2015 | Keith Koffler
    In an interview with Ezra Klein of Vox, President Obama said traditional market forces that used to redistribute income are failing and the time for government to do it instead has arrived. The interview, which ran today, was conducted January 23. Touting what he referred to as inclusive capitalism, Obama made the case for what actually sounds a lot like socialism. So part of our job is, what can government do directly through tax policy? What we’ve proposed, for example, in terms of capital gains — that would make a big difference in our capacity to give a tax break...
  • Here are all the raises Gov. Mark Dayton just gave his cabinet

    02/09/2015 6:50:23 AM PST · by TurboZamboni · 10 replies
    Pioneer Press ^ | 2-6-15 | David H. Montgomery, Rachel E. Stassen-Berger
    Until very recently, Minnesota law capped the salary for commissioners of state departments at 85 or 95 percent of the governor’s salary. A law passed in 2013 changed that cap to 133 percent, and now Gov. Mark Dayton has used that change to raise the salaries of most of his cabinet. Overall, the higher salaries will cost taxpayers an additional $802,990 per year for the 27 affected positions. Dayton’s 2015 salary is $123,912, meaning the new maximum is $164,803. None of Dayton’s commissioners are earning that maximum, even after this year’s raises. The previous highest salary earned by a commissioner...
  • Vegas Billionaire Seeks to Outlaw Competition

    01/28/2015 10:20:53 AM PST · by 54fighting · 17 replies
    TownHall.Com ^ | 1/28/15 | Neil McCabe
    After spending millions of dollars to help elect a Republican House and Senate, Capitol Hill sources report Las Vegas gambling mogul Sheldon Adelson received a private briefing with Republican members of the House Judiciary Committee in the second week of January. The meeting sends a strong signal that the billionaire, who is one of the most generous contributors to Republican candidates and campaigns—ever, will not retreat away from his desire to outlaw legal and regulated Internet gaming by the states. Sources familiar with Adelson's lobbying describe the meeting as both a strategy session and an update for the gambling mogul....
  • THAT’S RICH: Palm Beach Billionaire Jeff Greene Lectures Americans About Living Modestly!

    01/23/2015 3:23:11 PM PST · by SoFloFreeper · 32 replies
    Gossip Extra ^ | 1/23/15
    Palm Beach billionaire Jeff Greene, who made his fortune by betting against homeowners in the mortgage and credit crisis, has been mouthing off about the lifestyle that the rest of us enjoy. He thinks it’s too much — even though he owns America’s most expensive single-family house! The former U.S. Senate wannabe took advantage of his presence at the Davos World Economic Forum in Switzerland to tell a worldwide audience via Bloomberg News that we, the common people, need to have fewer things. ... Greene is also known in these parts for making contractors who work on his $36 million-,...
  • Ted Cruz sounded a whole lot like Elizabeth Warren on Fox News last night

    01/21/2015 5:23:42 PM PST · by 2ndDivisionVet · 60 replies
    Vox ^ | January 21, 2015 | Andrew Prokop
    On Tuesday night, Senator Ted Cruz appeared on Fox News to respond to the State of the Union address — and talked about how the US economy was only working for the "top 1 percent," who he said have gotten "fat and happy" under Obama's administration.(VIDEO-AT-LINK)Cruz's rhetorical move is unusual for a prominent Republican, particularly a presidential contender. This emphasis on the "the 1 percent" has long been condemned by many in the party as class warfare. For instance, Sen. Marco Rubio said in 2012 that "convincing one group that their life isn't doing better because another is doing too...
  • Senator's (Feinstein) husband stands to profit big from government deal

    01/16/2015 7:27:39 PM PST · by Bigtigermike · 31 replies
    The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’s husband, Richard Blum, is set to pocket about $1 billion in commissions. Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion.
  • Gas tax narrative builds as lobbyists lick their chops

    01/12/2015 4:18:37 PM PST · by ash-housewares · 43 replies
    NBC ^ | 1/12/2015 | Javier E. David
    Gas prices are plunging across the country, a product of surging U.S. energy production that has put the country in the same company as Saudi Arabia and Russia. However, in a strange twist of fate, that same dynamic is bringing to the fore a topic once thought to be anathema, especially in a Republican-dominated Congress: higher gas taxes. The drop in fuel prices has occurred for a record 102 consecutive days, according to the AAA, putting more than $14 billion of disposable income in consumers' pockets. However, the federal gas tax has been lodged at 18.4 cents for more than...
  • Fabiola Santiago: As tolls rise, Florida shorts Miami

    12/16/2014 7:44:24 AM PST · by Tolerance Sucks Rocks · 2 replies
    Florida News ^ | December 14, 2014 | Fabiola Santiago
    While Miami-Dade residents were strike recently with new, rare fee hikes on vital east-west arteries, Gov. Rick Scott was rewarding his farming regressive supporters with $9 million to build and urge their toll-free roads. So while down south we compensate a way, a folks adult north who minister reduction to state revenues get a giveaway ride. Poor timing? Irony? A giggle to go with a slap to a pockets of Miami-Dade’s toll-payers? The governor’s proclamation from Tallahassee was all those things — and came by approach of press releases finished with difference of regard from a prolonged register of who’s...
  • Three Things We Learned From The CRomnibus

    12/16/2014 7:21:49 AM PST · by xzins · 26 replies
    Townhall ^ | Dec 15, 2014 | Conn Carroll
    After a week of passionate debate and late night votes, the Senate passed a $1.1 trillion spending bill this Saturday that will keep the entire federal government, except the Department of Homeland Security, funded through September 2015. Here are three lessons conservatives should take away from the ordeal: 1.Corporatism is King - Money talks and activists walk. That is the sad lesson from a $1.1 trillion spending bill that included huge payoffs to Blue Cross/Blue Shield, Citibank, and corporations that use taxpayer subsidized loans to invest overseas. Meanwhile, House leaders did nothing to stop President Obama's executive amnesty other than...
  • Mark Levin to the GOP: I AM ONE INCH AWAY FROM LEAVING YOU!

    12/15/2014 3:47:57 PM PST · by gwgn02 · 118 replies
    The Right Scoop ^ | 12/15/2014 | the Right Scoop
    Mark Levin ripped Republicans a new one tonight as he opened his show tonight, saying that he is one inch away from leaving the Republican Party. He starts in hard, asking Republicans if they think this is a joke, if they think they can just lie to Republicans and conservatives with impunity about defunding Obamacare and fighting Obama’s illegal amnesty. He points out that Republicans go on and on about an imperial president and his illegal amnesty and they can’t even vote on a point of order challenging Obama. Levin says the Constitution is in tatters and that the Republican...
  • Super Bowl documents suggest what NFL will seek from Legislature

    12/09/2014 12:28:18 PM PST · by TurboZamboni · 27 replies
    Pioneer Press ^ | 12-9-14 | doug belden
    As they're sorting through requests for more funding from programs and agencies next legislative session, state lawmakers are likely to be asked to help out a huge New York City-based nonprofit: the National Football League. 2015 is the year when any additional tax exemptions for the league related to the 2018 Super Bowl would likely be passed, and stadium officials have confirmed they will be making requests. The question of what exactly Minnesota taxpayers would be giving the NFL as part of hosting the game has been in limbo since Minneapolis' bid was accepted by league owners in May. As...
  • Liberal Politico asks: Will Jonathan Gruber Topple Obamacare?

    12/09/2014 9:24:20 AM PST · by Kaslin · 18 replies
    Townhall.com ^ | December 9, 2014 | Nick Sorrentino
    We shall see. Gruber has had plenty of help. The President, Nancy Pelosi, Harry Reid, and Kathleen Sebelius are more to blame for Obamacare’s troubles than Mr. Gruber even if he is the program’s “architect.”Jonathan Gruber in his now famous panel discussion at Penn simply told the truth as he saw it. A key reason, the key reason, Obamacare limped its way across the finish line was because of the deception employed by its champions. The ignorance of the American people, Gruber explained, was to be manipulated for their own good, and it was. And truly, from start to finish...
  • The Liberal Policies that are Killing A Gun Company

    12/07/2014 8:24:06 AM PST · by Kaslin · 80 replies
    Townhall.com ^ | December 7, 2014 | Michael Schaus
    Given that our Commander in Chief is a surprisingly decent firearm salesman, it’s a little odd that one of America’s most prolific gun manufacturers might soon be facing an agonizing financial death. But, that’s exactly where Colt is headed if things don’t change drastically. It takes a very specialized form of failure for a gun company to miss out on the Obama-inspired run on guns, the “assault weapon” craze of the 2000’s, and the proliferation of Concealed Carry in the 1990’s, but that’s exactly what happened. And, worse, this isn’t Colt’s first foray into fiscal failure. In fact, this...
  • Obama Sues Companies for Complying with Obamacare

    12/05/2014 9:55:26 AM PST · by Kaslin · 35 replies
    Townhall.com ^ | December 5, 2014 | Michael Schaus
    What’s the easiest way to avoid getting sued by the Obama Administration? Well… If you come up with an answer, let the rest of us know. A company that has supported the President and his Affordable Care Act, is currently being sued by Obama for following the law. (Wait… “Affordable” Care Act? Can we sue Democrats for false advertising yet?)Welcome to Obama’s America. Where you can literally get sued for trying to comply with the law. (Boy… That’ll teach you.)Honeywell International Inc., and two smaller firms, are being sued for taking advantage of a specific provision in the ACA that...
  • Job Churn Shows Futility of Corporate Welfare

    12/02/2014 7:10:03 AM PST · by MichCapCon
    Mackinac Center for Public Policy ^ | 12/1/2014 | James Hohman
    Monthly job reports on payroll employment and the unemployment rate hide the massive job creation and job loss that occurs in the economy. This turnover challenges the state’s ability to influence job creation by offering tax money to select businesses to locate their business in Michigan. According to the Bureau of Labor Statistics, Michigan’s private sector created 193,208 jobs in the first quarter of 2014 and lost 179,299 jobs in the same period. The job creation was caused by 40,862 existing businesses adding to their payroll plus the opening of 11,150 new business establishments. The losses were caused by 41,565...
  • World's largest solar plant applying for federal grant to pay off federal loan (Watch the Video!)

    11/08/2014 2:03:57 AM PST · by Loud Mime · 10 replies
    Fox News ^ | November 8, 2014 | William La Jeunesse
    After already receiving a controversial $1.6 billion construction loan from U.S. taxpayers, the wealthy investors of a California solar power plant now want a $539 million federal grant to pay off their federal loan. "This is an attempt by very large cash generating companies that have billions on their balance sheet to get a federal bailout, i.e. a bailout from us - the taxpayer for their pet project," said Reason Foundation VP of Research Julian Morris. "It's actually rather obscene." The Ivanpah solar electric generating plant is owned by Google and renewable energy giant NRG, which are responsible for paying...
  • California Obamacare cronies got paid big via no bid state contracts

    10/15/2014 1:18:55 PM PDT · by Kaslin · 5 replies
    Townhall.com ^ | October 15, 2014 | Nick Sorrentino
    <p>I feel like I have to say this every time a story like this comes out of California, and stories like these come out of California all the time.</p> <p>California’s health insurance exchange has awarded $184 million in contracts without the competitive bidding and oversight that is standard practice across state government, including deals that sent millions of dollars to a firm whose employees have long-standing ties to the agency’s executive director.</p>
  • Crony Christianity: Where Christian Organizations Are Funded by Government

    10/13/2014 10:46:11 AM PDT · by SeekAndFind · 7 replies
    American Thinker ^ | 10/13/2014 | Lee Cary
    Crony Christianity challenges the separation of Church and State. Crony Christianity is the collaborative arrangement between government and Christian faith-based organizations whereby government funds Christian organizations to deliver goods and services that advance the political agenda of the government. Any government. The crisis surrounding the flood of unaccompanied alien children into the U.S. has promoted crony Christianity. It is a variation of the spider’s web of similar arrangements, spun between businesses and government, that we call crony capitalism. The Players The five players in crony Christianity are: (1) the bureaucrats who run ecclesiastically-related organizations; (2) the church laity aligned with...
  • Scandal: Wealthy Obama Donor Behind Epic Ebola Fail

    10/07/2014 9:02:07 PM PDT · by Abakumov · 88 replies
    Radix News ^ | October 8, 2014 | Michelle Malkin
    A Dallas hospital's bizarre bungle of the first U.S. case of Ebola leaves me wondering: Is someone covering up for a crony billionaire Obama donor and her controversy-plagued, taxpayer-subsidized electronic medical records company? Last week, Texas Health Presbyterian Hospital revealed in a statement that a procedural flaw in its online health records system led to potentially deadly miscommunication between nurses and doctors. The facility sent Ebola victim Thomas Duncan home despite showing signs of the disease -- only to admit him with worse symptoms three days later. Hospital officials, who came forward "in the interest of transparency," initially cited workflow...
  • The Meaning of Crony Capitalism

    09/29/2014 8:16:53 PM PDT · by jespasinthru · 28 replies
    Vanity | 9/29/2014 | jespasinthru
    Last year I took an Ethics class at school. Our professor gave us a lecture about the pros and cons of Capitalism. And at the end of the lecture, he asked us if we could define "crony capitalism". We all drew a blank. We'd all heard the phrase, but we didn't quite understand it. So he broke it down to us in very simplistic terms: "Let's sat that you own a cow. And your neighbor owns one hundred cows. But he's so greedy that he wants your cow, too. So he bribes corrupt politicians to pass laws that will take...
  • Stage Production for 18-Minute Obama Speech Cost $94,360

    09/29/2014 12:56:26 PM PDT · by afraidfortherepublic · 13 replies
    The Washington Free Beacon ^ | 9-29-14 | Elizabeth Harrington
    War speech at Air Force base produced by private, Dem-friendly company The stage, drapes, and sound system for an 18-minute speech by President Barack Obama cost taxpayers nearly $100,000. “Elite Productions,” the go-to company for prominent Democratic politicians such as Bill and Hillary Clinton and Nancy Pelosi, put on the set for Obama’s speech to troops at MacDill Air Force Base in Tampa, Fla., on Sept. 17. The company provided “stage, drapery, and audio/visual equipment,” according to a contract document made public by the Air Force last week. The government paid the company $94,360 for a speech that lasted from...
  • Food Stamps for Fascists

    09/17/2014 6:56:12 AM PDT · by all the best · 20 replies
    American Vision ^ | September 17, 2014 | Dr. Joel McDurmon
    Conservatives rightly rail against “welfare” programs such as food stamps. This is especially true when these programs are abused, but it is true in general as well. The government simply should not be in the business of redistributing wealth, and certainly not of giving direct handouts, especially to people who are perfectly capable of working. But did you know that business corporations receive far more in direct handouts than do these maligned individuals—often backed by conservatives and conservative politicians? And the numbers will startle you. According to a report by watchdog organization “Open the Books,” Fortune 100 companies received direct...
  • Big profit for Pritzkers on costly Chicago FBI deal

    09/15/2014 7:40:21 AM PDT · by KeyLargo · 5 replies
    chicago sun times ^ | Sep 14, 2014
    Chicago Big profit for Pritzkers on costly Chicago FBI deal Sun, 09/14/2014 - 3:30pm Better Government Association @bettergov | Email A deal involving the federal government’s most expensive lease in Chicago produced millions of dollars in profits for a development group that included Penny Pritzker, a top campaign fund-raiser for President Barack Obama who is now his commerce secretary, a Chicago Sun-Times / Better Government Association investigation has found. The developers also included Jack Higgins, a friend and political backer of former Mayor Richard M. Daley. Over the 14-year term of the lease, the government will pay $280 million in...
  • Ex-Im Typifies the Cronyism Obama Vowed to Fix

    09/07/2014 10:06:16 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | September 7, 2014 | Stephen DeMaura
    The American people should be sadly unsurprised to hear President Obama say one thing and see him do another. From the now-laughable “if you like your plan, you can keep it” claim to those infamous “red lines” in Syria, empty rhetoric is unfortunately all too common in this administration. But with his recent ringing endorsement of the Export-Import Bank of the United States, the President has taken his flip-flopping to a new level. In his weekly address to the nation on August 23, President Obama praised the Ex-Im Bank, a federal credit agency that provides financing for deals between American...
  • US pharmacy giant CVS ends tobacco sales [Obama Tweets Support]

    09/04/2014 5:12:36 AM PDT · by SoFloFreeper · 43 replies
    Rappler ^ | 9/4/14
    CVS, the leading US drug chain by sales, announced Wednesday, September 3, that it had stopped selling tobacco products.... CVS was cheered by the White House as "setting a powerful example that we hope others in the industry will follow." First Lady Michelle Obama tweeted: "Congratulations and thank you, CVS Health. Creating a healthier future for our next generation is one good reason to live tobacco-free."
  • At the trough

    09/03/2014 9:14:34 AM PDT · by lifeofgrace · 2 replies
    Charting Course ^ | 9/3/14 | Steve Berman
    “There’s a sucker born every minute” A phrase of unknown origin—usually associated with P.T. Barnum, of Barnum & Bailey Circus fame.  Barnum would never have called his patrons “suckers”, as he always wanted to give them their money’s worth, as long as he made money doing it.  There’s only two levers to pull in making money:  take in more, or spend less.  Since Barnum’s day, this has not changed. The notable exception is government.  At all levels, but especially the federal government, they add weights and counterbalances to the levers of business, and expect business to simply keep pulling the...
  • The Hill: The rise of ‘Obama Inc.’

    08/24/2014 6:46:12 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 24, 2014 | Nick Sorrentino
    How’s this for a depressing passage: “There’s just a lot more regulation going on,” Zelizer said. “There’s a lot of intersection between the economy and Washington.” “There’s just a lot more regulation going on.” My liberal friends, “regulation” is the mother’s milk of the crony capitalist state, the “fascist light” state. Our system of “regulation” is in most regards now just a vehicle for rent seeking. Blindly defending regulations in 2014 because liberals are supposed to be for regulation, is to give power to a vested corporate oligarchy. Am I saying that all regs are bad? No. Am I saying...
  • U.S. Treasury Clears Jay-Z and Beyoncé Trip to Cuba

    08/21/2014 9:13:07 AM PDT · by SoFloFreeper · 15 replies
    Wall Street Journal ^ | 8/21/14 | JOEL SCHECTMAN
    A U.S. Treasury Department investigation has found Jay-Z and Beyoncé’s 2013 Cuba trip did not violate sanctions law. Superstar Beyoncé and her husband, the rapper Jay-Z, had obtained permission to visit the blacklisted country from the Treasury’s Office of Foreign Asset Control, under a license that allows cultural exchanges....
  • The Rise of Progressive Oligarchy: Reviving the 'vigilant and manly spirit' of republicanism

    08/18/2014 6:16:26 PM PDT · by 2ndDivisionVet · 10 replies
    The Federalist ^ | August 18, 2014 | Professors David Corbin and Matt Parks
    In what might have appeared to be a minor political event a few weeks back, Nancy Pelosi (D-CA) called congressman Tom Marino (R-PA) “insignificant” and “inconsequential” in a debate on the House floor. Why would the former House Speaker insult a colleague in such a manner? She didn’t count her way to this assessment; Democrats do not hold a majority of the House. Nor did she reason her way to this position, as there was nothing in Rep. Marino’s argument on the immigration issue that raised empirical red flags. Perhaps it was a momentary lapse in judgment in the midst...
  • Comcast and Time Warner fund event for regulator while seeking merger approval [Cronyism!]

    08/13/2014 9:09:19 AM PDT · by SoFloFreeper · 10 replies
    Washington Post ^ | 8/13/14 | Josh Hicks
    Comcast and Time Warner Cable are spending more than $130,000 on a dinner to honor one of the federal regulators who will rule on their controversial merger plan, according to records of the companies’ contributions. The fundraising event for the Walter Kaitz Foundation will honor Federal Communications Commission panel member Mignon Clyburn as an advocate for diversity.
  • The Unions’ War on Small Businesses

    08/11/2014 11:51:31 AM PDT · by SoFloFreeper · 2 replies
    Daily Signal ^ | 8/9/14 | James Sherk
    Would you like to own a small business someday? If so, sorry — the Service Employees International Union would rather you didn’t. The SEIU has convinced the National Labor Relations Board (NLRB) to eviscerate the franchising model that many small-business owners rely on.Under the current model, these small-business owners pay for the right to use a corporate brand. The franchising corporation researches appealing products. It also does marketing to promote the brand. In return, the local franchisees agree to produce those products to fit certain price and quality specifications. The local franchisee handles all the hiring and employment.
  • Michigan Loses 40K Grads; Corporate Welfare Program Paid $127K Each To Keep 125 of Them

    08/11/2014 6:24:05 AM PDT · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 8/8/2014 | Tom Gantert
    Attracting about 125 college graduates a year won’t do much to stop an annual exodus of nearly 40,000. But the corporate welfare arm of Michigan government is happy about spending $126 million for that result. James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy, questions the assertion made by a state official that a Michigan Economic Development Corporation program is helping reverse a “brain drain.” Paula Sorrell, the Senior Vice President for Entrepreneurship and Venture Capital for the MEDC, made her pitch for how her organization is helping stop the exodus of young college graduates...
  • Bill Gates vacations better than most aboard 450-foot luxury yacht near Italy

    08/09/2014 11:16:17 AM PDT · by Kid Shelleen · 82 replies
    NY Daily News ^ | 08/08/2014 | LEE MORAN
    Bill Gates doesn’t slum it when it comes to his vacations. The world's richest man has been photographed enjoying quality family time aboard an extravagant $330 million yacht. The Microsoft founder has been pictured on “The Serene,” a stunning 450-foot boat he’s renting from Stolichnaya vodka magnate Yuri Scheffler for a cool $5 million per week. Moored off the coast of Sardinia, it reportedly has 12 state rooms, a seawater swimming pool, a cinema, a nightclub, a climbing wall, a gym and two hot tubs.
  • Thanks Putin! Market Correction has begun

    08/08/2014 6:26:02 AM PDT · by SoFloFreeper · 11 replies
    CNN MONEY ^ | 8/8/14
    German investors are feeling the pain of escalating tensions with Russia that may have already pushed Europe's largest economy into reverse... ....Europe, the U.S. and other Western nations have issued increasingly tough sanctions against Russia over its role in destabilizing parts of Ukraine. Russian President Vladimir Putin responded this week by banning various food imports from the U.S., Europe, Australia, Canada and Norway. Several companies have already warned of damage to come, and economic data have soured as businesses postpone big spending decisions. Germany is Russia's biggest trading partner in Europe and thus has most to lose. Now Russian leaders...
  • The Three Faces of Cronyism

    08/02/2014 8:32:07 AM PDT · by Servant of the Cross · 11 replies
    American Thinker ^ | 8/1/2014 | C. Edmund Wright
    There has been a lot said in recent years by Sarah Palin, Rush Limbaugh, and other conservatives about crony capitalism – or if you prefer, crony socialism, crony government, corporatism – or just plain cronyism. Whatever you call it, this conversation is increasingly vital as government grows and continues to pervert markets by picking winners and losers as a way to obtain wealth for powerful lawmakers and their fund-raisers and friends. This rampant cronyism is one of the most insidious outgrowths of a government gone wild, and has become a swirling vortex of self sustaining and systemic corruption. Thus, the...
  • We let our government become rulers over us

    08/01/2014 7:56:56 AM PDT · by lifeofgrace · 6 replies
    Charting Course ^ | 8/1/14 | Steve Berman
    My friend Vaughn posted this on his Facebook timeline. Can someone explain why congress needs to take a break in August. It is not like they have done anything to earn a break.Oh wait! I forgot they need to go home to stay in touch and listen to the people they represent. Oh wait! They don’t listen to those people. Oh wait! They need to go home to cash the checks from the people they do listen to, you know the corporations, billionaires and lobbyists. We have continually returned the same corrupt, owned, elitist group to office year after year. We are the...
  • Obama Unfriends Putin on Facebook – Then Gives Him Hundreds of Millions of Dollars

    07/30/2014 9:52:32 AM PDT · by Kaslin · 19 replies
    Townhall.com ^ | July 30, 2014 | Michael Schaus
    Seriously. Things are beginning to look kinda pathetic for the Kerry/ Obama foreign policy doctrine. Just this week Russia violated an arms treaty by testing a new type of cruise missile; and Obama’s response was to send a letter to Vladimir Putin (not joking) explaining his disapproval. Future ramifications might include a new hashtag campaign, unfriending Putin on Facebook, or sending angry text messages late at night. And, really, given the West’s reaction to Putin’s acts of aggression in Ukraine, it only makes sense that the former KGB agent would feel emboldened to disrespect an obscure Reagan era treaty. Vladimir...
  • The Rebuilding of I-45: A Once-in-a-Lifetime Opportunity to Improve Houston

    07/29/2014 10:14:21 AM PDT · by a fool in paradise · 24 replies
    Cite Magazine ^ | Jul. 28, 2014 5:35 PM | Torie Ludwin
    According to proposals on the table at the Texas Department of Transportation, the highway system around Downtown Houston may be subject to a significant transformation. This well may be a once-in-a-lifetime opportunity for the city to reconnect neighborhoods long bifurcated by highway IH-45 while also improving traffic capacity of the highways. How to change and improve the highway system is of great debate. As the Department of Transportation follows through on its federally required processes to propose and examine alternatives to the expansion of IH-45, also called the North Houston Highway Improvement Project, itÂ’s winnowing the options quickly. Now is...
  • Google’s $1B purchase of Twitch confirmed — joins YouTube for new video empire

    07/25/2014 8:46:27 AM PDT · by SoFloFreeper · 7 replies
    Venture Beat ^ | 7/25/14 | Dean Takahashi
    Google has signed a deal to buy game-livestreaming firm Twitch for $1 billion, confirmed sources familiar with the matter. We don’t know everything about this deal, such as when it will be announced and the exact purchase price. We do know that...
  • When Obamacare loses in court, insurance companies lose, too

    07/22/2014 4:14:58 PM PDT · by SoFloFreeper · 15 replies
    Washington Examiner ^ | 7/22/14 | Timothy P Carney
    When the administration lost an Obamacare case in federal court Tuesday, the insurance companies lost as well... Subsidies were one of the many goodies Obamacare provided insurers. Obamacare also required individuals to buy insurance, compelled many business owners to insure employees, expanded Medicaid (which is often administered by private insurers) and supplied a bailout to struggling insurers in the form of “risk corridors.” The Halbig ruling is a triple threat to the insurers’ Obamacare favors. By stripping away tax credits, it reduces insurance companies transfers’ from the federal government. Halbig also reduces the impact of the law’s employer mandate and...