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Tag Archives: government

The CTA Empire Strikes Back

By Ed Ring, executive director, California Policy Center

Emperor Palpatine: There is a great disturbance in the Force.
Darth Vader: I have felt it.
Emperor Palpatine: We have a new enemy, the young Rebel…
Darth Vader: How is that possible?
Emperor Palpatine: Search your feelings, Lord Vader. You know it to be true. He could destroy us. The Force is strong with him.
– Quote (edited for brevity) from Star Wars Episode V: The Empire Strikes Back, 1980

There are indeed great disturbances in the force. There are indeed challenges to the imperial monopoly that, for nearly 40 years, has eroded the quality and escalated the costs for California’s system of public K-12 education. And the imperial stormtroopers who enforce their educational edicts on California’s state legislature, its thousands of public school boards, and by extension, millions of parents and children, are all part of an evil empire called the California Teachers Association, or CTA. In plain English, the teachers union.

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Market Manipulation Goes Global (Are you prepared for a hubris driven downdraft?)

It hasn’t GONE global. Its long been global and on a massive scale. But China is freaking people out.

Play this game if you want. But understand that it is a game which is run by cronies, for cronies, and that cronies are very fallible. Can you handle the kind of downdraft which may come when reality catches up with the hubris of central bankers?

It’s an important question, and one which should be asked when things (in the USA) are still relatively calm.

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Jon Stewart’s secret White House visits

Cultivating this relationship was smart for the President. It’s a good way to keep tabs on (and to manipulate potentially) tone with an influential young(er) and politically motivated demographic.

It is also unfortunately another great example of the #CRONYMEDIA.

It might be “fake news” (as Stewart often says) but one could make the case that sometimes Jon’s product ventured a little close to the propaganda line. It may be smart. He may be smart. But if Stewart is meeting with the President secretly during particularly sensitive times for narrative creation, propaganda may not be too strong a word.

I like Jon Stewart. I’ve watched him since his show on MTV. But it’s best that he’s leaving now.

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Ex-Im Bank Finances Small Business Ponzi Scheme

(From ATR)

The Export-Import Bank (Ex-Im) provided millions of dollars in financing to a Miami small business perpetrating a Ponzi scheme, according to a recent report by the Department of Justice (DOJ). The business had already defrauded private lenders out of $8 million in loans and used $2 million in Ex-Im financing to pay off these lenders and continue their scam.

The business, run by three family members defrauded private lenders out of millions of dollars by creating fictitious invoices for the sale of merchandise that never occurred.

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This is why Hillary’s losing: The issue Jeb Bush and Donald Trump understand, which may keep Clinton from the White House

An interesting and somewhat desperate statement on corruption from a fan big government in Salon.

Thing is, as we say often, government is inherently corrupt. One can’t just get “good people” into office and then things will change. Government must itself be reduced.

Yes this means that many big modern liberal dreams must be abandoned.

I do not write this flippantly. I understand that this would constitute a political sea change.

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Ralph Nader: Take the rhetorical fight to members of Congress, Ask them hard questions, Go to town halls during summer recess

Ralph Nader is one our favorites here at ACC. We disagree with him on a myriad of issues. He likes government quite a lot. We, well are more skeptical of the state. Saying that though, there is no doubt that Mr. Nader is an enemy of crony capitalism and one of the good guys running around Washington. (There are a few.)

Below is a declaration. A call to town halls. A call to take the rhetorical fight directly to our elected officials during their summer recess. If our representatives are going to ignore us in DC they will have a much harder time ignoring us at community meetings and grandstanding events. Turn on your iPhones. Record responses to hard questions. See what happens.

They do work for us.

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Daily Mail: Clintons’ charities got £50million of British aid cash: UK government accused of trying to buy influence with US power family

Tens of millions of pounds of UK aid money has been siphoned through charities linked to Hillary Clinton, it emerged last night.

British politicians – including Gordon Brown – stand accused of diverting huge amounts of cash through the organisations after falling under the spell of the US presidential candidate and her husband Bill.

At least £50 million of taxpayer-funded foreign aid money has gone to Clinton charities, which are at the centre of allegations in the US that foreign governments used donations to buy influence.

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GOP senator calls for more corn cronyism mandated by the EPA

It’s the same party with 2 wings. The Washington Crony Party. If one can fleece the taxpayer it will be done, Republican, Democrat, whatever, so long as money is funneled to the narrow interests which fund your campaigns.

The Republican Party, though it has a free market wing which is young and growing is still dominated by the older big government crony Republicans. How long that generation can hold on, and how much damage they will create to the economy is anyone’s guess.

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A Free Market in Money? (VIDEO)

In the effort to inject interesting economic thought into the discussion at ACC we present the following video by Jeff Deist recorded at the Mises Institute. This lecture will likely challenge many of your assumptions about money.

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How Uber faced off against New York’s mayor and won

Good on ya Uber.

If you can make it, and beat the cronies in New York, you can make it anywhere. Take that cabbie cronies.

Of course Bill deBlasio is still going to try to make Uber pay for part of the Subway system. We’ll see about that. Right now the mayor is huddled up in Gracie Mansion licking his wounds and wondering how he got beaten so badly.

And that is a very good thing for New Yorkers. The longer he’s in the fetal position the better.

(From Bloomberg)

Uber Chief Executive Officer Travis Kalanick has said he wants to refashion the car-booking company into a sort of politician to fight against the taxicab industry. Kalanick should get the confetti ready because Uber just won perhaps its biggest campaign yet. New York City Mayor Bill de Blasio backed down on a plan to stall the growth of Uber and similar ride-hailing apps.

Buried within the mounds of tweets, retweets, newspaper editorials, insulting app “features,” television commercials and press releases, a lot of stats have been thrown around by both camps in the hopes of swaying New Yorkers. Here are eight of the most cited numbers that helped shape the debate, and eventually tilted the campaign in Uber’s favor.

Click here for the article.

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