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Tag Archives: cronyism

Amash’s Likely Primary Win Will Vindicate Libertarian Politics

I actually don’t think libertarian politics needs to be vindicated. It is the future. At least for a large part of the electorate.

Amash is the real deal. He explains each vote he makes on Facebook. He is an ardent critic of big government and of crony capitalism specifically. He is staring down Karl Rove and his money machine in a primary battle as I write this. He was once called an “asshole” by Speaker Boehner. What is NOT to like about this guy?

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Former Export-Import Bank official pleads Fifth

The Export-Import Bank has hit some rough waters. There is a reasonable chance the taxpayer funded corporate slush fund could be abolished. The boondoggle could die. I put the odds at 50/50. We’ll find out in September. If it is ended it would be a significant win for those who are fighting crony capitalism.

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The Pentagon Overpays for Almost Everything—Massive waste, Massive crony capitalism

The Department of Defense has been given a free ride pretty much since World War II. The Military Industrial Complex which President Eisenhower warned about in his farewell address (former 5 star general Eisenhower) is very real and it has grown and grown taking up ever more of the American economy. The contractors and the services are awash in taxpayer money. Your money. And much of this money isn’t being used wisely. It is going to hyper expensive parts procurement (see above), and for programs in sub-Saharan Africa, and jets which catch fire on the flight line (The F-35) and Lord knows what else.

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Examiner: Fighting parasitic bureaucracies and crony capitalism

An old libertarian friend of mine used to make the point when we discussed the expansion of the state (which was often) that parasites tend not to kill their hosts. Bureaucrats and the political class tend not to kill the productive sector of the economy completely. If the apparatchiks did, they’d die too.

But the operative word here is “tend.” Sometimes parasites do kill their hosts. Sometimes the short term gain is so sweet, or leadership is so inept, that the parasites lose control of themselves. Think Detroit.

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Michelle Obama bemoans money in politics, asks donors for ‘big, fat check’

The credibility train has long, long left this White House. Michelle Obama goes to Hollywood, hustles for campaign money, and then complains about how much money is in politics. It’s just bizarre. Politicians are a weird breed but the disconnect seems to be getting bigger and bigger these days.

(From The Washington Times)

“There is something you can do right now today to make a difference, and that is to write a big, fat check. I kid you not,” she said. “I’m going to be honest with you. That’s what we need you to do right now. We need you to write the biggest, fattest check that you can possibly write.”

Click here for the article.

“I’m going to be honest with you?”  As opposed to what? A standard dishonesty?

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