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Category Archives: Crony Capitalism
The Accomplishment They Didn’t Highlight
The horrendous economy that Obama inherited was caused by the collapse in the housing market and the failure of new financial products like credit default swaps and mortgage-backed securities. The failures weren’t limited to just government officials. Lawmakers at the … Continue reading
Posted in Corruption, Crony Capitalism, Democrats, Economics, Economy, News
Tagged Bailout, Corruption, Crony Capitalism, Democrats, DNC, Dodd-Frank, Economy, Financial Reform, Tea Party, Wall Street
2 Comments
Success Is The Taxpayers Losing 25 Billion Dollars Funding Obama’s Cronies
That’s the line the Obama Administration is peddling about GM and Chevrolet, isn’t it? The unions poured massive amounts of money and labor into Obama’s 2008 campaign and in return he handed them your money. For a “success,” it sure … Continue reading
Posted in Crony Capitalism, News, The Battle For Capitalism
Tagged Auto, Bailout, Bank, Capitalism, Chrysler, Crony, GM, TARP, The Battle For Capitalism
2 Comments
The Modern Face of Government: “Cronies” Are the New “Wiseguys”
It never ceases to amaze me how adept politicians have become at shaping reality by shaping perception. If a politician repeats a falsehood often enough, it somehow becomes true, just by merit of having been uttered enough. President Obama and … Continue reading
Even the Guy Who Destroyed Glass-Steagall Wants it Back Now
I find it galling when an ill-informed leftist tries to debate the role of government with a Tea Party advocate and goes to the tired argument, “Since you’re against paying taxes, I guess you don’t want paved roads or police or … Continue reading
Breaking Up The Banks And Bringing Back Glass-Steagall
Monopolies, whether they’re private or governmental, are not in the best interest of the American public. The same could be said of any company that’s supposedly “too big to fail” — like the big banks.
“You Didn’t Build That” Is Actually Worse When You Put It In Context
Sometimes, it can be difficult living in this age of cell phone cameras, seemingly infinite digital file storage and a media that operates at the speed of light. In a moment, a politician can say something, and within seconds, the … Continue reading
Democrats Plan To Rant About Evil Banks From Bank of America Stadium At Their National Convention
You’ve probably already heard about the Democratic politicians skipping their national convention because they’re afraid it’s going to be an anchor around their waist at election time. Over the past few days, a handful of Democratic candidates and elected officials … Continue reading
Posted in Crony Capitalism, Economy, News
Tagged Banks, Convention, Democrats, DNC, Election 2012, Financial Reform, PR, Rhetoric, Wall Street
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