Justice Department to end Obama-era ‘Operation Choke Point’

“Operation Choke Point” was one of the most crony programs of Obama’s deeply crony 8 years. (Why are some people still surprised when Obama’s cronyism is pointed out? It’s weird.)

Choke Point was about putting pressure on banks to stop doing business with legitimate businesses, like gun manufacturers etc. And the banks largely complied because they got their bailout a few years ago and because they didn’t want the Feds breathing down their necks.

It was crony bullying from the Justice Department and thankfully this horrible scheme is now dead.

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Aetna CEO: Obamacare ‘cannot be repealed, period’

Image: CNBC

The insurance company CEO has spoken. So there you go. Obamcare shows its true face. Crony from the begining.

The insurance companies want their Obamcare bailout, and at this point they seriously think they might be able to get one.

The insurance companies wrote Obamacare in partnership with the Obama White House and a Dem Congress. They pushed it through in the face of massive resistance from the American people and with some very questionable parliamentary gymnastics before Scott Brown was able to take his seat in the Senate.

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The Fascist Threat

From 2012 by a friend of Against Crony Capitalism. If you really want to understand crony capitalism (and fascism) read this piece. It’s long. It’s challenging. But it is high quality reading.

Fascism is real. It is here. And it is not what many people think it is.

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‘Liberal’ Washington Post: $15/hour minimum wage will put people out of work, hurt poorest people

“We don’t understand basic economics!!!! Fight for 15!!!!”

Well, you don’t say…

Hey, if you still want to blow up your community (and hurt poor people especially) with a $15/hour minimum wage you go right ahead. But when things head inevitably south, and likely quickly, just remember that you were warned multiple times. This time even by The Washington Post.

(From The Washington Post)

According to the 146-page report by Philadelphia-based consulting group PFM,

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Britain should become a “tax haven” post Brexit but the establishment fears unleashing wealth, annoying German dominated EU

Oh, wouldn’t that be smart? Britain as tax haven is a brilliant idea. Right off the coast of heavily taxed and bureaucratic “Europe.” Just smart.

The problem is Britain has too many full on Marxists in its bowels. The statists might be dark pink here in the US. In the UK they are straight up red as a rose. And even (and perhaps especially) those in dark blue and pin stripes have a profound affinity for the state.

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Trump Bumping and end of Obama era relief: U.S. Companies Post Profit Growth Not Seen in Six Years

Trump bump? To a large degree yes.

Obviously Trump has his issues – to say the least – but the uptick in the ersatz economy (the one that most of us live in until reality inevitably hits and overwhelms the fakery) is about American optimism inspired to some degree by Trump, but as much as anything by relief that Obama is adios. The people who make things, who grow the economy had little confidence in Obama. The media had confidence,

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The case for free-market anticapitalism (“it takes a government to do a death camp”)

“As Deirdre McCloskey put it:

“Anyone who after the 20th century still thinks that thoroughgoing socialism, nationalism, imperialism, mobilization, central planning, regulation, zoning, price controls, tax policy, labor unions, business cartels, government spending, intrusive policing, adventurism in foreign policy, faith in entangling religion and politics, or most of the other thoroughgoing 19th-century proposals for governmental action are still neat, harmless ideas for improving our lives… is not paying attention.”

This is an excellent essay.

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“Participatory Fascism” is the future?

By Robert Higgs

“Socialism with Chinese characteristics” = Chinese fascism
“American capitalism” = American fascism
“Post-Communism in Russia” = Russian fascism
“Scandinavian Third Way” = Scandinavian fascism
“Italian fascism” = Italian fascism
“German fascism” = German fascism
“European corporatism” = European fascism

Are you starting to see a pattern?

Many people continue to perceive the presence or impending advent of socialism here, there, and everywhere. But full-fledged socialism is almost extinct.

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