Oh is it ever. Government, and the cronies which partner with the government despise innovation and disruption.
If you are going to hook your buddies up with sweet government contracts at least make sure they can come close to doing the job. Otherwise you look, well you know…
Obamacare is making many people and companies rich(er). Just got to be in with the right folks, and say the right things, and dollars float down from on high.
Bum, bum, bummmm….
The productive have left the Motor City. After years of being squeezed they left. Or as Ayn Rand might have said, they shrugged, and moved to Florida.
One just can’t run a city that way. Can’t run a country that way either.
We’ve written about Exelon’s cozy relationship with the White House before. The power company has deftly used its political connections to decimate competitors.
In the wake of the president’s triumph, the crony capitalists knew they had to come and kiss the ring. Today they did that.