Obama’s best friend to pick up U of Phoenix after the administration crushed the stock price?

“They regulate it. They drive the price down. …They are buying it for pennies on the dollar.”

This looks like straight up crony capitalism. It’s not difficult to see why some in the Obama administration would like to crush a large higher education network, with everything in place, and then resurect it in the name of doing “good.” Like a Phoenix one might say. A big, ugly, crony, taxpayer subsidized Pheonix which is owned by Obama’s buddies.

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The novel political geography of Brexit (And why in this case Scotland is not that important)

Scotland has an ongoing deep historical beef with its neighbor to the south. It votes differently than England, to say the least. This was certainly true in the referendum last week. But Scotland constitutes a relatively small part of the overall British population. It had only 8% of votes in Brexit.

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Taibbi: If you believe there’s such a thing as “too much democracy,” you probably don’t believe in democracy at all

Matt Taibbi is one of those people I put in the “principled liberal” camp. (And I do consider him a “liberal” in the good sense if not the classical sense.) He and I often disagree on important issues but the guy has a keen eye for injustice and has done an excellent job of pulling back the curtain on the Wall Street wing of the crony class. (And the City of London also.) He offers a very reasonable and reasoned analysis of Brexit below.

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Participants Of House Gun Control ‘Sit In’ Have Guns Themselves (List)

Every sit-in should have a catered lunch.

The crony system of government has a tiered system of justice. There are the connected and/or rich who have one set of rules. Then there is another set of rules and assumptions for those who fall outside of the blessings of the inner court.

Hypocrisy is rife in the crony class. Such hypocrisy is in fact one of the defining characteristics of a crony system. Those who call for “justice” are the ones who seek to impose unjust laws.

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Federal Judge: U.S. Constitution Is Outdated, Judges Should Stop Studying It

If the Judge holds no allegiance to the Constitution what value do his rulings have? Does he not take an oath to uphold the Constitution?  How does he decide his rulings, whim? Whatever morality or definition of the law that floats through his mind that particular day?

This is a legitimate question to which I am sure some of our readers have the answer. Judge Posner must have a stated philosophy, he is considered by many to be one of the most influential legal thinkers around today.

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Kremlin Gets Flashback of Soviet Collapse in Brexit Fallout

As we said in an earlier post, the guys running the show in Eastern Bloc countries weren’t happy when the Berlin Wall came down. Likewise the apparatchiks of various sorts deeply embedded in and often reliant on the European Union system have had heart attacks in the face of Brexit.

Brexit is not on par with the collapse of communism however. The end of the Cold War was more than surprising, or even mind blowing,

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Hawaii Becomes First State To Indiscriminately Put All Legal Gun Owners On FBI Criminal Watch List

Hawaii is an odd place. Smack dab in the middle of the world’s largest ocean it has been said that Hawaii is as close to the developing world as one can come (in some respects) and still be in the 50 United States. It has weird politics. (From which our current president politically sprouted it should be noted.) It has a strong Leftward tilt in many ways. The Communist Party of Hawaii of the 1940s and 1950s was arguably the strongest of the communist parties in the USA.

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Gary Johnson: UK rejected ‘crony capitalism’ with Brexit

Yep.

(From The Hill)

“The EU has, for some time, been pulling Britain down a path to unsustainable entitlements and away from the opportunities the free market offers. That voters rejected that path is not surprising.”

He also pushed back against experts who claim that the move will lead to disaster for the U.K. economy.

“The sky is not falling, and when the dust settles, Britain’s decision may very well prove to be a pivotal event in the reshaping of global relationships and trade that will,

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Of course the establishment is freaking out over Brexit. What did you expect?

On Friday the world changed. Brexit became reality. The old order was dealt a serious and very public blow. The “establishment” defined by the big banks, the big corporations, and big government was shocked. They couldn’t believe it. How could it be that Britons rejected the system they had spent so many years constructing, a system from which they the cronies had greatly profited?

The media likewise continues to howl in an almost existential bay at the great political wheel in the sky.

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