The short answer is yes. Don’t worry Democrats (and Republicans) Hillary will be plenty liberal or “progressive” or whatever the word for statist will be in 2016. But part of that package, the pro-state package, is partnering with powerful corporate interests. That’s just the way it is. The state in many ways is owned by these interests but the state also owns these corporate interests too. It is the crony capitalist tango and it is a key part of having large government.
Attached is an interesting article and there is no doubt that the Community Reinvestment Act, which though well intended was in the end a disaster for housing and the American economy. It was a big part of the housing meltdown. But the most important factor in the housing crash was the easy money made available by the Federal Reserve for too long.
Though forcing banks to lend to people who did not fit traditional underwriting guidelines was unwise,
“Damn, it feels good to be a crony…”
If Hillary or Jeb get the presidency in 2016, this will be very bad for the Republic. And we’ve had a lot of stuff lately which has been bad for the Republic. What’s even more worrisome is that I understand that the Bushs and the Clintons are family friends. Seriously, friends. Tell me how having either family running the show is good for America.
Another speech. The price was even higher for this one.
We’ve heard of people getting outrageous speaking fees before. Ms. Clinton and her husband have made a small industry of it. But ask yourself why a group would pay half a million dollars to someone to hear someone speak for 45 minutes?
We have lots of friends in the environmental community. We value a vibrant natural world and we have and will continue to work toward such a world through various means. We are fans of solar power, and wind, and so called “alternative” energy technologies. But within the parameters of the market. If alternative energy sources cannot operate within the marketplace such energies are by definition not sustainable.
Good for 60 Minutes. Maybe there are still some real journalists out there in the #oldmedia.
For crying out loud. All these people just reek of corruption. They are convinced that you will say, “It’s OK, that’s politics.” They bank on that. They think that the average person will just go back to their commute, and their kid’s soccer games on the weekends, and their TV, and their job in the cubicle, and the ruling class will just get to do whatever it wants to.
You see, Andrew Sorkin explains, there’s nothing wrong with hiring the idiot son of a Chinese supercrat, or of a Greenwich hedge fund king. It’s just good business. On top of that, many of these hires aren’t idiots at all, (indeed the case) but highly talented acorns which don’t fall far from the genius tree. Hiring the children of the rich and connected is just the way it is. It doesn’t constitute a bribe or anything like that. No way.
That the people who signed off of the Clinton miniseries, NBC Universal executives, also gave over $2 million to the Democratic Party is no big deal. Or that MSNBC basically has the same motto, “lean forward” as the president, “forward.” Or that Media Matters actively coordinates messages with MSNBC and the White House, is also no big deal. Or that David Axelrod, former chief political advisor to President Obama, is now on the NBC News payroll as a political “analyst,”
It’s perfectly reasonable to expect the White House to stonewall the Benghazi investigation. There are fears that whatever happened that night might reflect poorly on the president, and perhaps even more importantly now, on Hillary Clinton who wants to be president. It makes sense that a White House which plays hardball all the time, plays hardball with reporters.
It doesn’t make it right however. Some reporters, many who have long cheered this president are starting to speak out,
McAuliffe has made a career of crony capitalism. From his early days as a small bank president which provided loans to connected Democratic politicians in Washington DC, a position his father helped secure as a Syracuse New York Democratic Party boss, right up until his most recent venture Green Tech, based in Mississippi (even though he’s now running for VA governor) and financed using taxpayer money, McAuliffe has never been afraid to work an angle. It’s what he’s always done and we’ve documented his exploits HERE,
The soup lines today are virtual.
There they go again.