CNN is kind of the TV flagship for the #cronymedia, (The mother ship is The New York Times) which in the wake of the recent election isn’t enjoying the same kind of crony status any longer. This could be very interesting.
Say what one wants about O’Keefe, but the guy is fearless and I wouldn’t be surprised to see serious nastiness from CNN in the release. As I’ve said before, I once interned for a “conservative” news network (not Fox) and even there the production staff was all basically “liberal.”
Sorry, hunger is not funny. But have you noticed that it is in socialist countries that famine seems most likely to break out? Soviet era Ukraine. Mao’s China. (43 million people died in Mao’s famine.) Ethiopia. North Korea. Venezuela. (Though thank God, “famine” is probably not the most accurate word for what is happening in Venezuela, yet.) This is because governments can not allocate resources effectively. Even simple things like food markets will fail if regulated from on high enough.
Good to know that there’s a “world government summit” going on. That’s encouraging and of absolutely of no concern at all. Ahem.
I wonder why the establishment is freaking out about the current middle class revolt in the West?
Trump had said that the Export-Import Bank of the United States was a bad idea. An example of classic crony capitalism. But that position may have just changed. If so that would be disappointing, bad for taxpayers, and would further our system of crony capitalism.
The Export-Import Bank should die. If it doesn’t with a GOP president, Senate, and House then that tells taxpayers all they need to know.
Winners and losers in the marketplace should be determined, well, by the marketplace. Not politicians. Though Trump has made some headway and has indicated his desire to make more headway on taxes and regulations, his personal intervention into the marketplace is of very serious concern. Businesses should be allowed to do business without fear that the President might just blow up a company with a tweet.
Of course many of these companies, particularly the largest ones,
This is good news. Let’s hope Doctor Calabria gets a prominent seat at the White House economic policy table.
It’s probably not surprising to regular readers of this website either.
Big business LOVES government. It in many respects LOVES regulations. Whose lobbyists do you think write the regulations?
Regs often game the system toward the connected and entrenched. A Federal subsidy here. A new regulation that shuts out up and coming companies and technology there.
Cutting regulations is good for the economy. It’s good for small and medium sized businesses. It isn’t always so good for the behemoths that have teams of people working the politicians on Capitol Hill.
We’ve covered the robot revolution pretty steadily. Clearly we are poised on the edge of something big, and something that may (likely) profoundly affect the day to day lives of all of us and in a myriad of ways.
I can’t say that I’m looking forward to robot cops roaming the streets however.
Oh, I’ll probably get used to it.
(From The Financial Times)
According to a survey carried out last March by Mitsubishi UFJ Research and Consulting,
Good advice “markets.” Trump wins by working the economic card. He’ll have a tougher slog if battles headlong on cultural issues.
Trump has an interesting fighting style. He’s striking while he can, which is smart. But in the words of a friend of mine, Trump – “be cool.” Don’t get bent out of shape over Hollywood people or get into a public pissing match with the president of Mexico. Cut taxes. Cut regs. Kill crony capitalism. Get rid of bureaucrats.
Well, and we’re off. The Trump era begins.
We are absolutely for free trade. Free trade is a good thing. It raises the standard of living of many people. You know those giant TVs one can buy at Target for $400? Thank free trade – generally.
However it is important to note that deals like NAFTA and the TPP are not really about “free trade.” They are about managed trade and crony trade. These agreements work for the companies (and governments) that are involved in the negotiations.