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Category Archives: Crony Capitalism

Crony Washingtonia

This essay was written originally for a progressive organization in DC who has invited me graciously to address their members on occasion. We disagree on much, but they let me make my case without reservation. 

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Oil could fall to $30 a barrel: Emirates boss (Video)

Load up the kids and the dog in the Suburban! We’re driving to California via Alaska this summer! We’ll drive 100 mph the whole way! Carbon footprint? I got your carbon footprint right here!!!

All I can say is don’t get too used to it folks. Though the CEO of Emirates (below) believes that oil has been held artificially high for a long time and that lower prices might just reflect a reversion to reality.

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Authoritarian Republicans and libertarian Republicans fight it out (The Neocon Battle of the Bulge)

There is a civil war in the GOP. This is not news. But it has again flared up in light of the recent budget deal, other domestic developments, and the new neocon Battle of the Bulge, the counter offensive by the big government wing of the GOP to reassert its authority and to secure an establishment candidate for president.

The neocons know that they are on the edge being relegated perhaps permanently to the political margins, and like the Germans in the frozen Belgian forests the neocons are going to go down fighting.

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Utah comes after insurance startup

Pretty blatant stuff. As a former insurance underwriter (and sometimes agent) I can tell you first hand that brokers and agents loathe competition. Which is understandable. Competition means having to lower prices on a highly commoditized product. That’s not good for commissions.

This is one of the reasons why insurance is such a “highly regulated industry.”  It’s not just about looking out for the consumer that’s for sure.

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More Crony Media: Democratic Party Launches ‘Colbert Week’ To Thank Stephen Colbert

I think Stephen Colbert is very funny. I’ve watched him for over a decade. But he is a partisan and a statist. Though his critique is often dead on when it comes to conservatives, he willfully turns a blind eye toward the the failure of government and to the general failure of the current president. He buys into the old way of looking at American politics, and has furthered an outdated narrative.

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