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Tag Archives: crony capitalism

Washpo’s liberal columnist Milbank on DC traffic cameras: “there was no safety threat in either case.” But the cameras are there for money, not safety. It’s enough to make anybody a libertarian.”

Good to see this. I doubt Dana will be joining the book club at the Liberty Tavern across the river in Arlington anytime soon, but at least he said it.

Big government, no matter how much you may think you like it will eventually creep into some part of your life where you don’t want it. Then, it will be too late.

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US fines over data requests would have destroyed Yahoo in a year

Break em’. So what if the company employs thousands of people and provides a valuable service to the public? So what if there’s a recession on and the last thing America needs is another large company going down the tubes?  Break em’ and show them that the 4th Amendment doesn’t apply anymore. Yahoo can fight us but we’ll bleed them dry long before it ever gets to the courts. And even then we’ve got the judges where we want them.

Break em’. Show that company who’s in charge.

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Labor Board Orders CNN to Rehire 100 Fired Employees

I’ll bet that’ll be a fun return.

On the surface this ruling sounds like a win for “workers,” but sadly it’s not. If the government can keep businesses from firing people, indeed in this case force CNN to REHIRE fired workers, businesses will simply choose not to hire new people.

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Is Keynes Misunderstood, Maligned By Critics?

In a September 11 Bloomberg article, economist Noah Smith claims that John Maynard Keynes, the architect of today’s government economic policies around the world, wasn’t a “‘socialist’” or even a “‘progressive.’” He did not favor “a command economy.”

Yes he “was in favor of some amount of wealth redistribution and government intervention into the economy.” But “Keynesian policies are fundamentally … about economic stability,… about smoothing out the fluctuations in the economy, reducing risk for everyone concerned.”

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US government ‘threatened’ families of beheaded reporters

I can understand why paying ransom is counter to larger policy goals but ransoms are paid all the time. In fact one can buy a Kindnap and Ransom (K&R) insurance policy from a multitude of insurers.

One has to wonder, had the kidnapped been high level executives versus relatively powerless reporters whether the US government would have threatened the families of the executives with prosecution. My bet is the government would have let it slide.

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