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Category Archives: Crony Capitalism

Maher: Obama “Perhaps The Worst President We’ve Had On Clamping Down On The Press”

Maher couches his statement with the word “perhaps.” Other journalists, journalists of lefty disposition in many cases, have said that Obama is in fact the worst president we’ve ever had on the issue of journalistic freedom.

NY Times’ James Risen: Obama Is ‘Greatest Enemy of Press Freedom in a Generation’

 

USA Today’s Susan Page: Obama administration most ‘dangerous’ to media in history

 

More exposure of FDR, The president who put US CITIZENS into concentration camps (Video)

Anyone who has read us for a while knows that we tend to skew toward the small government side of the political spectrum. Learning in high school of the forcible internment of Japanese-American US citizens during World War 2 was one of the things which raised my political consciousness. I could hardly believe that such a thing happened in my country. But indeed it did.

At the order of Franklin Delano Roosevelt, a president which took this country to edge of totalitarianism.

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The Atlantic: Liberals and the Illiberal Left (What to do about Left-fascism?)

This is an excellent short essay which I think anyone interested in politics will find value in reading. But I think it is particularly valuable for our liberal readers. (And It’s from David Frum of all people. Generally I am really not a fan.)

There is a fascist element in your ranks. The “illiberal liberals.” The Left-fascists. The political correctness brigade. The anti-intellectual bullies obsessed with perceived oppression and hierarchy. Liberals need to stand up to this narrow minded red guard.

The Left-fascists have come to dominate academia and the media mostly because real (modern) liberals have let them take over.

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To live comfortably in DC? $108,000/year

Life in the crony capital, the Imperial City, is expensive. Washington is by far and away the wealthiest metropolitan area in the United States.  It is here that the wealth of the nation has been aggregated and disseminated to defense contractors, federal employees, lobbyists, lawyers of all types, etc.

Frankly $108,000/year would still be kind of tight in the District.

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David Stockman on central banks making the rich richer: “Sooner or later it will cause a huge political reaction.” (Video)

A world economy driven by the Federal Reserve and other central banks (such as we have now) benefits those who already have assets. The reason economic inequality continues to get greater and greater is because the already rich are in on the central bank casino. If one is rich and connected even better.

The problem is not capitalism as David Stockman points out in the attached video, it is the central planners in the Eccles Building in Washington DC. We have an economic system which fundamentally is not based on real prices. It’s a Fed created dream.

Capitalism is the voluntary exchange of goods and services. How is such a system to work if the most important “prices” in the marketplace, interest rates, do not reflect reality?

The central planners in DC (and around the world) have created a brewing societal disaster.

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When FDR made gold illegal to own for everyday people – At the point of a gun (A short video)

FDR, the man who studied Mussolini, who birthed the current intrusive state, who started the drug war in earnest, who put Japanese Americans into concentration camps, who extended the Depression years longer than it needed to be and thereby contributed to the genesis of the Second World War, who tried to pack the Supreme Court, who gave away half of Europe to the Soviets at Yalta,  and who confiscated the gold – the real wealth – of the American people.

What a guy. And he still has his face on the dime.

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