It was not that long ago that Detroit was one of America’s and the world’s great cities. A center of industry and commerce which rose up out of the American Midwest as testament to innovation and ingenuity.
Again, constant vigilance. Good to have someone like Justin Amash in the House keeping an eye on things, but we need to be watching too. So much bad legislation seems to slip through at Christmas time or around Summer Recess.
An excellent article from Jack Curtis at The American Thinker.
America has stagnated. It isn’t dynamic. Government is thick and restrictive. Businesses are not being created at the rate they were in the past. 20% of households (according to the attached article) have no one working. 1 in 5 households have no workers.
A poison cocktail of fiat financialization and massive government has dripped into the American bloodstream over the last 4 decades or so. The vigor is gone. Increasingly desperate people look to the welfare state for solutions, or at least a fix.
It is the state which has created this situation, not capitalism. We haven’t had real, non-crony capitalism, in this country for a long time. And the culture of Obama has accelerated this move away from free markets and free prices.
They say that parasites rarely kill their hosts. But sometimes they do.
Pretty much everyone I think saw Obama’s “executive amnesty” move as at best a power grab and at worst, well, something much worse. But it looks like Obama’s plans are dead on this front. He can still appeal to the Supreme Court but that body has been quite critical of this administration as Obama and Co.have sought to expand executive power in recent years.
As a Democrat she’ll be particularly well positioned. The former senator will be able to occupy the enviro/oil industry sweet spot quite comfortably. Lots of money (one way or another) on both sides of that political equation.
This happens over and over and over. Mr. Lawsky is just one in a long line of financial regulators who have switched sides. (Well “switched” might be too strong a word.)
Anyone want to start a pool as to how long it will be before Eric Holder cashes in?
Given that the President is for the TPP, the Senate has basically said that it is on board, and the House leadership is pushing the thing, a derailment of the trade deal would constitute a significant coup. Such things are rare in American politics.
It’s their money. They earned it. It sounds like they hadn’t had the easiest of lives. (Not that that matters in this equation fundamentally.) If they want to leave their fortune to the US government that is their business. It appears that theirs was a gesture of thanks to a country which took them in and which became their home.
I appreciate that sentiment very much.
But the US Treasury?
Matt Drudge voices the frustration of millions of people regularly, but particularly after the TPP vote.
Cartels rarely survive very long without the backing of the government. The big trusts over the years have only continued on over the long term if they had the protection of the state. In a free market with free prices monopolists are constantly undermined by new firms, with newer equipment and better methods. There is no better trust buster than the market.
If however the companies in power at a particular time can buy into the government and create a regulatory moat around their firms the old, less innovative guard can remain in place. A key part of crony capitalism.
Below the master Murray Rothbard discusses this phenomenon in a short excerpt.
There are more groups like Crossroads out there these days. More dogs. But more important than that is that Rove and American Crossroads are associated with George Bush and an era of big government “conservatism”. George Bush and Karl Rove blew up the modern (Reaganish) conservative movement. Many have not forgotten this. That Rove has explicitly targeted the libertarian/conservative coalition hasn’t earned him any friends either in a rapidly changing party.
It consists of fees from speeches which were originally reported as “revenue” and not “donations.”
Let’s see. The child was on the honor roll, so he was doing OK. But the Sheriff felt the need to put this woman in jail, a working substitute teacher. Because that clearly helps whatever issue is going on, if there is even an issue.
The state should never be given this sort of power. Ask yourself if the child had been the son of a deputy whether that deputy would have been hauled off to the clink. Or the cousin of the DA? Or, well you get the point.