Is James O’Keefe About To Smoke CNN? Tells Hannity He’s Set To Release “Hundreds of Hours” Of Newsroom Footage “Wikileaks Style”

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.”

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The Hill (POLL): Americans brimming with optimism on the economy

The debt monster still looms which will be harder and harder to feed as interest rates rise.  The stock market is still built on magic conjured by the Federal Reserve. Europe continues to generally remain weak. Greece particularly is eroding yet again.

But saying all of this there is a tangible optimism economically speaking in the air. I certainly sensed it with the election of Trump, even in my very “liberal” home town. Yes there are/were people wailing and crying to the stars in the wake of Hillary Clinton’s loss.

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Great, so now Trump supports taxpayer backed “Boeing’s Bank” after talking with Boeing’s CEO?

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.

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“If Trump does a lot of talking while doing nothing, his presidency could be great and an already great America will dazzle.”

 

John Tamny at Real Clear Markets gives a good assessment of Trump to date and a fair assessment of the economy during the Obama years. Obama was not a good economic president as Tamny points out, but it is also fair to say that Bush and HIS big government meddling did much to bring Obama (and Obama’s version of big government meddling) into the White House.

Trump should learn from this.

He must if he is to succeed.

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This robot may soon make your dinner (better than you could)

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,

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Markets to Trump: Get down to business on taxes!

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.

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Trump Signs Executive Order On Regulation: “For Every New Regulation, Two Regulations Must Be Revoked”

Cut it!

Believe it or not Canada, that’s right Canada, started this red tape cutting trend. We posted about Canada’s so called “1 for 1” regulation scheme in the spring of 2015. The law stated that for any new reg implemented an old reg had to be repealed.

Our readers loved the idea. But some readers said that a “1 for 1” deal didn’t take things far enough. Apparently President Trump agrees with them.

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Trump tells business leaders he wants to cut regulations by 75% or ‘maybe more’

Excellent. Regs are killing the economy and they have been gamed by the biggest players in both business and government. What’s even worse are the “guidances” issued by regulatory agencies at the whim of bureaucrats. At least the regulations are written down.

Fewer regulations means (counter intuitively for some) a less crony system. Where there is opacity and red tape the cronies rule.

We’ll see how much can be cleaned up.

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Post-BREXIT Britain has world’s ‘top economy’

The predictions by the “remain” camp prior to the Brexit vote were dire. A “leave” vote would trigger a recession in the UK if not the world. Companies would pack up and leave Britain for the EU en masse. Life as Britons knew it would end.

In a sense the fear mongers were right. Life did change for Britons, but for the better.

I wonder why the economy would react positively to the prospect of being cut loose of the crony monster in Brussels?

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