Posted on 04/30/2014 11:33:50 AM PDT by Jim Robinson
Most Americans know that our revolutionary history began when a handful of brave patriots tossed crates of tea into Boston Harbor to protest unfair taxation. But what they might assume incorrectly is that our forefathers did so in response to increased taxes.
In fact, the Tea Act of 1773 actually lowered taxes on imports. What truly offended the colonists was that it only lowered them for one corporation, the politically connected East India Company, giving it an unfair, artificial advantage over smaller, local American competitors.
Thus, not only was the American idea hatched in protest to a government that was too big and too intrusive, but also protesting a government that was willing and able to unfairly benefit favored special interests at the expense of everyone else.
Today, it’s commonly known as “cronyism” and represents a uniquely malignant threat to American exceptionalism. Cronyism simultaneously corrupts our economy and our government, turning both against the American people. It forces American families who “work hard and play by the rules” to prop up, bail out, and subsidize elite special interests that don’t. It empowers and enriches the few by disenfranchising the many.
Like a black hole, cronyism bends the economy toward the state, inexorably shifting wealth and opportunity from the public to policymakers.
The more power government amasses, the more privileges are bestowed on the government’s friends, the more businesses invest in influence instead of innovation, and the more advantages accrue to the biggest special interests with the most to spend on politics and the most to lose from fair competition.
But once profits depend on serving congressmen instead of customers, the interests of the elite diverge from those of the nation.
Cronyism has created a warped economy...
(Excerpt) Read more at breitbart.com ...
Obammunism: Crony Socialism. All the worst of Cronyism combined with all the worst of Socialism. (I.e. The worst form of governemt there is)
Cronyism in DeathCARE -
The Hated EXEMPT Congress,
the Hated EXEMPT pOTUS,
the Hated EXEMPT SCOTUS,
and of course, every Moslem,
every EXEMPT criminal and every EXEMPT illegal invader.
Didn’t we used to just call it fascism?
well said mr. lee. and make no mistake, it is cronyism that is at the bottom of amnesty. and the GOPe is at the bottom of that.
Godspeed, Senator, keep this fire burning until November!
Breitbart is good a s source.
Useless as a place for discussions.
Stay here at FR and avoid the Daily Kos Trolls that have taken over at breitbart.com
FR rocks!
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