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To: Fred Hayek

Dodd-Frank was Post ‘2008

Here is what conservatives have to be willing to accept

The welfare state in America is no longer welfare going down the poor in the inner cities or rural America, it is the billions of dollars that go to Wall Street, big energy (being old oil companies or new solar companies) and defense contractors who have enriched everyone inside the beltway

The corporate welfare state is NOT conservative and is a result of the gov’t hand in the economy. However the beneficiaries of this control the levers of power in America.


32 posted on 01/11/2015 8:36:01 PM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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To: MadIsh32
Agreed. I think Eisenhower was on to this, but I think he used terminology which allowed his message to get lost. Eisenhower warned people about the "Military-Industrial Complex". Well, that is not inaccurate -- as you say, the defense contractors are in the mix and part of the problem. Our ships and planes cost far more than they should, because defense contractors know how to get money from the government.

But it goes beyond the military. The collusion between Big Government and Big Business is probably our biggest challenge. It's Crony Capitalism, it's Fascism. Eisenhower could have done us a favor by talking about the Government-Industrial Complex -- we defeated Germany's version of this, and we defeated Japan's version of this, and Eisenhower was facing Russia's version of this.

Now we succumb to ourselves. We have met the enemy and he is us. ObamaCare is just one piece of it -- Big Government and Big Insurance, and the people get screwed. The amount of money in the pot is huge, and so the corruption is inevitable.

33 posted on 01/11/2015 8:42:59 PM PST by ClearCase_guy ("Hey, I don't appreciate your lack of sarcasm.")
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