You Won’t Believe Who Mitt Romney’s Bain Capital is Supporting for President
Bain Capital, the private equity firm that Mitt Romney founded, is throwing a big election fundraiser in February. You will not believe who it is for.
Continue reading →Tag: crony capitalism
Bernie Sanders Needs to Stop Blaming Capitalism for Corporate Corruption
Bernie Sanders thinks socialism is the fix for corporate corruption when in fact it is the cause.
Continue reading →Why Isn’t the Tea Party Succeeding in Reducing Government?
If liberal fearmongers are correct, the Tea Party is at the very height of its power. Yet so many elected Tea Party Republicans have failed to rein in the federal government. They were elected on a promise none of them have been able to fulfill: In the American scheme of government-by-special-interests, the instinctive conservative sympathy […]
Continue reading →The Lobbying Problem and How We Can Fix It
We have a lobbying problem in Congress. Beginning in the early 2000s, the amount of money being spent to lobby Congress exceeded the amount of money taxpayers were spending to fund Congress: Corporations now spend about $2.6 billion a year on reported lobbying expenditures – more than the $2 billion we spend to fund the […]
Continue reading →A Rock and a Hard Place: Civil Corruption and Crony Capitalism
Should corporations be allowed to operate freely without government interference? Or do they need to be regulated by government to make sure corporations treat people fairly? Nope. Neither of these options are possible right now. We’re between a rock and a hard place: between civil corruption and crony capitalism. As you might surmise, neither is […]
Continue reading →Turns Out Sugar Isn’t So Sweet
Added sugar in our diets might be doing more to us than just making us fat, according to a new study assessing the deleterious effects of sugar in our diets: “People are becoming literate about the toxic effects of sugar,” [Dean] Schillinger [a member of the SugarScience team that did the newest sugar study] said, […]
Continue reading →Is the US Economy Really In a Full Recovery?
In another exercise in self-fulfilling prophecies, economists told the US economy that it was in full recovery, and the news jolted the stock market into another temporary jump: The US economy grew at a sizzling 5 percent annual rate last quarter, the fastest since 2003, fueled by consumer and business spending. The surge confirmed that […]
Continue reading →Why is the Middle Class Evaporating?
If you listen to leftists and big-government stooges, the middle class is evaporating because of low minimum wage, greedy corporations, and tax-breaks for the rich. Which would indicate that, in order to grow the middle class, the civil government needs to get more involved. No one argues with the fact that the middle class drives […]
Continue reading →Fiat CEO: “Don’t Buy Our Electric Cars”
As much as I don’t like admitting that Obama was right about something, perhaps he did choose the right man to head up Chrysler. (But don’t worry; all the other problems with that merger still ensure that Obama comes out in the red on it overall … and hey, even a blind squirrel finds a nut in […]
Continue reading →Obama’s Perfect Track Record on Crony Capitalism
It seems like Obama would try to be a little less transparent about the crony capitalism that has marked his administration. But apparently, it doesn’t matter to his supporters what he does. A tip for big corporations jockeying for favors from Obama’s DoJ: Make sure you donate heavily to the Democratic Party and/or Obama favorites. […]
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