The administration's favor-dispensing machine. What's the point of the Department of Commerce? If not for the Census and the Patent Office, the department would function as little more than a one-stop shop for special interests. Don't believe me? Look at its record. In Fiscal Year 2013, the Department of Commerce spent about ... MORE
Showing posts with label crony capitalism. Show all posts
Showing posts with label crony capitalism. Show all posts
Veronique de Rugy: Department Of Cronyism
The administration's favor-dispensing machine. What's the point of the Department of Commerce? If not for the Census and the Patent Office, the department would function as little more than a one-stop shop for special interests. Don't believe me? Look at its record. In Fiscal Year 2013, the Department of Commerce spent about ... MORETaxi Unions Bribe Government To Destroy Competition
by Jason Mick. Crony capitalism 1 Consumers 0. The U.S. isn't exactly a "free market" at times, with
outright bribery -- condoned by the U.S. judicial system -- or
collusive public-private cartels leading to some products and services
being banned from the market. Just ask Tesla Motors Inc. (TSLA) whose electric vehicles have been banned ... MOREWhere Is The Outrage Over Corporate Welfare?
by David Brunori. I recently read the February 24 Good Jobs First report, “Subsidizing the Corporate One Percent,”
by Philip Mattera, a respected thought leader in our business. It says
that three-quarters of all state economic development subsidies went to
just 965 corporations since the beginning of the study in 1976. The Fortune 500 ... MORE70% Of U.S. Government Spending Is Checks To Individuals
by John Merline. Vote buying is expensive for taxpayers. Buried deep in a section of President Obama's budget, released this week, is an eye-opening fact: This year, 70% of all the money the federal government spends will be in the form of direct payments to individuals, an all-time high. In effect, the government has become primarily a massive ... MOREToni Clarke: E-Cig Industry Braces For Regulatory Attack
Anti-smoking device has political enemies. Big Pharma and Big Tobacco to name two. Lobbyists for electronic cigarette companies have been beating a path to the White House, hoping to prevent the administration from imposing strict, and possibly costly, rules on the burgeoning $2 billion industry. In November and December, ... MOREMax Borders: Rise Of The Libertarians
Why Slate, Salon and the progressive media are afraid. A lot of people are messing with libertarianism. We get it. If you see
an alternative worldview gaining currency as your own is starting to
lose out: attack, attack, attack. Strategically, it’s probably smart. When Jane Mayer wrote that sloppy hit piece for The New Yorker against
the ... MORETimothy P. Carney: Crony Capitalism Vs. Market Morality
Life insurance and the death tax. Scenario 1: It's 2005. While Republicans are fighting to permanently repeal the estate tax (or "death tax," in their phrasing), a nonprofit called the Coalition for America's Priorities spearheads the counterattack, deriding the proposed repeal as the Leave No Heiress Behind Act. One television spot, run by a ... MORE
John Stossel: Drive Free
Caution: government speed bump ahead. If you saw a fat man in a sleigh distributing presents this week, he was in violation of several government regulations. The Federal Aviation Administration has complaints about his secret flight path. The Wisconsin Department of Natural Resources might shoot his unauthorized reindeer ... MORE
California Taxpayers To Subsidize Green Cars For The Poor
by Steven Greenhut. One longtime critic of federal
transportation spending once concluded that it would be less
expensive for the government to buy every new transit rider a
Jaguar XJ8 than it would be to build certain new rail systems.
Unfortunately, California officials may not have realized that the
idea of buying people new cars ... MORECrony Capitalism Drives Airport Security
from The Dollar Vigilante Blog. There is yet another reason not to fly into or within the US.
“Nazi-style detention pods” – that's what opponents of the
Transportation Security Administration (TSA) have called the new “exit
pods” being tested at the Syracuse (NY) airport. But the pods are not
primarily a rape of civil rights. Their import ... MORE
Shikha Dalmia: Why Detroit Won't Have A Second Act
Crony capitalism and regulations crush entrepreneurs. “I once thought that there were no second acts in American lives, but there was certainly to be a second act to New York's boom days,” F. Scott Fitzgerald once wrote. It’s a good thing he wasn’t talking about Detroit. Until the city’s politicos treat its humble entrepreneurs with ... MOREReason Magazine's 45 Enemies Of Freedom
Tyrants, despots, crackpots and crony capitalists. In 2003, to celebrate 35 years of publishing a monthly magazine dedicated to Free Minds and Free Markets, reason named “35 Heroes of Freedom”—innovators, economists, singers, anti-communists, pornographers, professional athletes, and even the occasional politician who ... MORE
Louis Woodhill: The Folly Of Government Venture Capital
Another $171 million taxpayer dollars down the tubes. If you go to www.fiskerautomotive.com,
you see a picture of a red Fisker Karma sedan and the words, “Welcome.
New Site coming soon.” Ominously, if you click on the “Tomorrow” link
at the top of the page, nothing happens. In fact, none of the links on
the page produce any ... MORE
Washington Times: Driving Toward Bankruptcy
Crony capitalism is in the driver's seat. There aren’t many winners in the current economic climate. Most companies are struggling against the burdens of higher taxes, red tape and uncertainty, and there’s no opportunity to expand and prosper. Some companies, however, have found a shortcut through deep political connections to the Obama ... MORERich Tucker: Electric Cars And Crony Federalism
Competition is good— but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage policy innovation. For example, Pennsylvania carefully (but reasonably) regulates hydraulic fracturing, and it is reaping the benefits as companies create jobs by safely extracting oil and natural gas. ... MOREPoverty Pros & The Crony Capitalists Who Love Them
by Bill Freeza. Yes, it looks like a wedding announcement out of The Onion, but when it comes to making a killing off the never-ending “War on Poverty,” the marriage of convenience between the financial services industry and federal bureaucrats is no laughing matter. The idea that government welfare programs could eliminate poverty, rather ... MORE
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