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Category Archives: Crony Capitalism

New Poll: Obama Aids Rich, Not Middle Class

One doesn’t need a poll to see this. During the Obama presidency the rich have done quite well. The so called “underclass” has been largely placated. (Obama got rid of Clinton era “workfare” for instance making welfare a “life choice” again.) But the middle class, the core of America, has been hurt. There is simply no denying it. (I mean one can, but one would be wrong.)

It’s not entirely Obama’s fault. He is only a part of the puzzle, if a big part.The Federal Reserve has fundamentally undermined the economy. It has rewarded those who already had assets before the 2008 Crash with an inflated stock market. Those without assets, or those whose only “asset” is their home? Well, too bad so sad.

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“Green” stimulus chickens come home to roost for Senator Harry Reid

As we have said many times before, we are very much for what is often called “renewable” energy. We like solar, we like wind, we like innovation, we are not fans of pollution. (Who is?) But we are for these things within the context of the marketplace. Clean energy is a valuable thing. The marketplace wants clean energy. But for some the marketplace is not fast enough and that is why they sought to foster so called “green” technologies with money taken from American taxpayers during the early part of the current president’s presidency.

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Presidents should be able to declare economic emergencies: Bernanke

Has this guy not done enough damage? Is he bored? Yes, let’s let the president declare economic martial law. I don’t see how that could be a disaster at all. No way that would be abused. Why bother with even involving Congress at all? It only has the power of the purse after all. (The president by design does not have this power.)

Shoot, why don’t we declare presidents to be kings and just get it all over with. Enough of this Constitution thing.

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The GOP establishment seeks to suppress the grass roots, the “populists,” the people, again

The leadership within both major parties view the “populists” within their ranks as annoyances. Jeb Bush and his crowd and Hillary Clinton and her crowd have a similar disdain for the people who want actual change come 2016. Jeb and Hillary are the establishment. They are the anointed. They represent the long time infrastructure of their respective parties.

Vested interests within the parties know where they stand with both candidates. These interests know that the boat won’t really be rocked by either one. The people who run the parties are safe, so long as none of the rabble rousers slip through. The rabble rousers must be beaten down and beaten back.

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Bitcoin poker exec: “I was led out in handcuffs in my underwear”

Poker is a game that I think most people should learn to play. I am not suggesting that everyone sit down at a Vegas table and start betting. By no means. Unless you have a burning desire to lose money. But learning the rules of the game and how it works is very beneficial. The lessons I’ve learned while playing poker (I haven’t played in years) have served me well. It’s too bad our government(s) has such a problem with the game.

In fairness this fellow may have broken the law. But should law enforcement really make busting up poker websites a priority? Seems odd in a “free country.”

It’s poker.

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Los Angeles Unified School District Offer Worth $122,938 Per Year – Will They Strike Anyway?

 

By Ed Ring executive director of the California Policy Center

 

“Our demands, they’re not radical. When did it become radical to have class sizes that you could actually teach in? When did it become radical to have staffing and to pay people back after eight years of nothing?”
 – Alex Caputo Pearl, President, UTLA, February 26, 2015, Los Angeles Times

If the 35,000 members of the United Teachers Los Angeles, the union that represents employees of Los Angeles Unified School District, actually go on strike, in large part it will be because they want an 8.5% salary increase and the district is only offering them 5%. They also want smaller class sizes – tough to do when you’re passing out salary increases. But how much do these teachers actually make?

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