Yikes. Life at NBC News sounds like a nightmare. According to this article from Vanity Fair, Brian Williams, the now disgraced newsman, sounds like a nightmare. There are few things worse than a powerful insecure person, and it appears Williams was certainly that.
Is this life at news institution approaching the edge of irrelevance? Is this what the decline of a once great empire looks like?
Perhaps. We don’t have the answers yet. But the odds, even now, have got to be on NBC pulling up out of its current nosedive.
On the other hand there was a time when the American people by-and-large trusted NBC for information. For many this is just no longer the case.
Don’t forget to have someone hold back your hair Salon.
This is part of what Paul wrote –
Hillary’s got a lot of it that’s for sure. No longer are she and Bill “dead broke.”
Their foundation over the past decade has attracted hundreds of millions of dollars from around the world. That Ms. Clinton was Secretary of State and a potential future president had nothing to do with the Clinton Foundation becoming the behemoth of capital it has become. That was only a coincidence.
Many of our readers are probably aware that Townhall Finance regularly features our work. John Ransom, the editor there does an excellent job and we encourage everyone to check out the site if you have not visited. It’s a very good mix of free market thinkers from different schools. Though it is generally not “libertarian.”
That is why I was particularly pleased to see this article in Townhall. A new and broad political disposition is clearly emerging. Though many longstanding libertarians would probably take issue with some of the people calling themselves “libertarians” these days, what we see is clearly progress. In the face of a very activist government (going back long before Obama) and a renaissance of constitutional understanding (largely facilitated by the Internet) more and more people are actually embracing the concept of “live and let live.”
The central banks don’t like that cash makes it hard to cut rates to below zero. 0% is pretty much as far as they can go (though there are exceptions such as in Denmark.) Boomberg reports;
This is interesting. Taxes are optional. No army. Only the voluntary exchange of goods and services. A pretty cool flag. Liberland expects 100,000 applications for citizenship by next week.
One can view the new country’s official website HERE.
Vit Jedlicka, a member of the conservative Party of Free Citizens in the Czech Republic, is the self-appointed president of Liberland, which he says sits on unclaimedterra nullius territory wedged between Serbia and Croatia. The 3 sq. mi. “country,” where taxes are optional and a military is nonexistent, does not “interfere with the territory” of the two states, according to Liberland’s website.
“The objective of the founders of the new state is to build a country where honest people can prosper without being oppressed by governments making their lives unpleasant through the burden of unnecessary restrictions and taxes,” reads a statement announcing the creation of the new country this week. The country’s motto is: “To live and let live.”
Click here for the article.
This video was just too good not to post. So yeah, I’ll post what is sure to be a viral monster. I’ll feed the beast. It nails the 1980s. Nails them.
That this video resonates – in an absolutely ridiculous way – is I sense because America is tired of 9-11, and war, and Bush, and Obama. It’s ready to lighten up a bit. Not unlike how America felt post 60s and 70s.
Word is that Al Sharpton is holding a hunger strike to protest the fact that the Senate won’t move on the Lorretta Lynch AG nomination. You can guess why Sharpton think things are held up. One of the real reasons why Ms. Lynch is under such scrutiny is her support of civil forfieture. The seizing of property by the police even if someone has not been convicted of a crime. Across the country police departments have used the tool to feather their nests. The practice is often called “policing for profit.” People lose homes and livelihoods even if they have done nothing wrong.
One such example comes from Frederick County Maryland. A small farmer who ran a cash market sometimes would deposit just less than $10,000 after a sale day in the bank in an effort to avoid the paperwork associated with depositing more that $10,000. This practice is called “structuring” and according to police it is a no no. So the police decided to seize the $63,000 in the account used for the farmer’s market. They did this even though the police said they knew their victim was innocent of wrongdoing.
Everyone on Wall Street knows that Hillary is there for them. Sure she’s going to talk a good lefty-populist game but everyone knows that it’s bull. It’s part of the game. Tell the “politically unsophisticated” whatever they want to hear. People will forget. They always do. Accountability? Shoot this is 2015, post bailout. Accountability is for suckers.
Having a hard time making your car payment? Oh I understand. I eat at Chipotle too. Late on rent? CEOs make too much money!
Just say whatever. The American people are too “politically unsophisticated” to realize they’re being played. Ready for Hillary!
Last week we posted a story about the cozy relationship Hillary and Bill Clinton have with the CEO of Columbia’s largest private oil company and we asked this question;
…are the UAW, the AFL-CIO, and the USW going to support a candidate for president who has taken millions and millions of dollars from a company (and its CEO) which has a history of busting unions at the point of a rifle?
The article did well in terms of traffic but of particular interest to me was the tone of some of the comments from readers at the end of the article. Among some of our more liberal commentors I sensed just a bit of real unease with Ms. Clinton.
Let’s get one thing out of the way. Both Paul and and Cruz are libertarianish. Paul more libertarianish than Cruz. Neither however is really pushing a hard core liberty oriented agenda.
In the attached article Paul and Cruz aren’t the real focus anyway. Crony capitalism is.
The author tries to make the argument that crony capitalism is what capitalism actually is. There is no distinction between capitalism partnered with the state and capitalism in general. It’s the same phenomenon.
This is the argument that many big government people try to make all the time on this site, because it is what fits the statist worldview. It is what people have been taught all their lives. I was certainly taught this.
On one side are the “progressives,” owners of progress, good government, making the world better and more fair. On the other side there are the “capitalists” monsters of greed and exploitation. Angels and demons.
This worldview is as simple as it is simple minded.
No big deal. So what if you have to take off your shoes, your belt, stick your hands up over your head and get blasted with radiation every time you want to get on a plane. I mean if you don’t like it you can just charter a private plane or buy one of your own. (Private plane passengers don’t go through the TSA gauntlet. I wonder why? It’s not like terrorists could hijack a corporate jet or anything.)
And so what if the odd TSA agent with the force of law behind him wants to grope your genitals? Hey, that’s just part of the price of flying these days.
But Nick, these are good billionaires. They are fighting “climate change.” They are “green.” They are progressives.
Yeah, well they are also pushing regulations which will benefit them financially you can rest assured of that. You can also rest assured that they consider anyone who believes that government should be as small as humanly possible is – I hate to use this term – the enemy. To them those who won’t get on the green bandwagon are actually wronging the world. Those who do not buy into their worldview, some would call it a religion, are actually committing a crime (a sin?). I am not kidding.
Regular readers of ACC are aware of the current battle surrounding the reauthorization of the Export-Import Bank of the United States. We believe, along with many others, that Ex-Im is great example of crony capitalism which should be euthanized by a Congress which professes to be for free markets and small government. Whether this will actually happen is an open question however as the bank serves some of the heaviest hitters in corporate America, Boeing chief among them.
But for some, including the author of the attached article, the question is why even have this battle at all? Is cronyism really so bad? So what’s a little a public/partnership action? Who are these nuts anyway who want a separation of government and business. Free markets and economic freedom stink anyway.
We’ve documented why Ex-Im is bad from more than just a moral perspective. Taxpayer backed loans to one corporation often disadvantage other businesses. Free markets allow for opportunity and growth. Crony capitalism strangles growth and enriches established firms which get fat, inefficient, and tend to be slower to respond to the customer.
Still some still don’t get it. Jeff Spross at The Week clearly doesn’t.
Attached is the podcast of an interview I recently did with Marc Clair at Lions of Liberty, an excellent resource for the freedom inclined. I encourage everyone to check them out.