That makes 5 vice presidents who have left in 3 months: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up

I have to admit I do love the gull wing doors. However the last taxpayer backed car with gull wing doors didn’t do so well.

We’ve said before that Elon Musk isn’t a crony king (other people hold that crown) but more of a crony prince. But he is a crony to be sure (no matter how much good press he gets) as many of his most famous endeavors hinge on government (taxpayer) funding. Tesla,

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It’s time to end Nerd Prom (The White House Correspondents’ Dinner)

The dinner in a nutshell.

I hate the term “nerd prom” anyway. It’s such baloney. It’s self aggrandizement veiled in false modesty. The people who attend the dinner aren’t “nerds.” They don’t think of themselves as “nerds.” They are social climbing politicos. Throw in the Hollywood people and the whole thing is practically insufferable. Bill Press agrees.

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The House of Representatives Just Fashioned A Heavily Overspending, Pork-Filled Defense Bill

No one in Washington really seems to care about reining in the size of government. (There is a tiny minority.) The Dems want welfare and corporate welfare. The Republicans want corporate welfare and “defense” spending. There is no real effort to save money for the taxpayers. And the thing is many supposed small government “conservatives” give “defense” a pass on spending. Much of the military is chock full of boondoggles. Anyone who has been around the military (and I am a Navy brat) knows this.

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Robert Reich: The New Common Ground Between Populist Left and Right (?) VIDEO

Yes, we are featuring a video by Robert Reich, someone who is often very wrong on very important subjects. Saying that however we very much appreciate this video and its spirit. There are some major points in the video where I think he’s a bit optimistic from his perspective but there certainly are plenty of areas where what we commonly call the “Right” and “Left” can come together to do some real good.

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Some CEOs don’t like that cronyism is increasingly under the microscope

“The precipitousness of the political debate is a little scary right now,” said Jim McNerney, who served as chief executive of Boeing Co. until last year and as chairman until February, at a recent industry conference.

“Anti-business” and “anti-market” are 2 very different things.

Many feel frustrated these days. There is the sense that there is an agenda and that everyday people are not part of that agenda.

Many people have been under considerable economic pressure since the Crash in 2008,

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LA Times: California minimum wage hike hits L.A. apparel industry: ‘The exodus has begun’

There are some people who think that we just rail against arbitrary minimum wage increases because it hurts business owners. They are very wrong. The main reason we point out the trouble with extending a minimum wage far beyond the actual market wage for unskilled labor is because it will put people, often people who are really struggling already, out of work.

There are “winners” in a minimum wage hike. Politicians. Unions and their members who have contracts based off of the official minimum wage.

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Ex-Im Is Back In Business, Boeing Cuts 4,000 Jobs Anyway (Company threatened job cuts last year if it lost its Export-Import Bank subsidy)

Flying high in the crony skies.

So nice that Boeing, now with its huge taxpayer underwritten subsidy in hand thanks to many Republicans who abandoned the free market to support crony capitalism, slashes a bunch of jobs. The company had threatened to slash jobs if it didn’t get an Ex-Im renewal, but in the end it got rid of thousands of jobs anyway.

Crony capitalists do not operate on good faith or anything close to it. Remember this for the future.

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How White Castle Will Adjust to a $15 Minimum Wage in New York

The effort to increase the minimum wage is driven by a mix of economic ignorance, self interested unions which will benefit from such an increase (dues, adjustments to other contracts etc.) and good old political opportunism.

Some will never understand (or prefer not to understand) that the business owner provides a service which has value in the marketplace. A business preforms or it goes out of business.

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