This list comes to us from Politico. Plenty to chew on.
Let’s face it. The progeny of Washington’s political class have a lot of advantages. Hunter Biden seems to have made the most of his.
I was actually surprised to hear that the most junior Biden son was in the Navy reserves. Though as a “public affairs officer.” (?) There isn’t even a draft to dodge. And I am sorry to hear that the guy was discharged for cocaine use. It’s actually pretty hard to test positive for cocaine. He must have been partying the night before practically. Sounds like there might be an issue. But I don’t think anyone is shedding any tears over recent events. (Including Hunter Biden.) He’s got plenty of other stuff going on and before we know it he’ll be kicking around K Street again. Good as new.
We are regulating our economy to death. One of the main reasons why there is an increasing disparity in wealth in this country is that the crony class is wrapping the middle class and the merchant class – the entrepreneurial class – in red tape. Pay a tax here. Pay a fee there. Do you have a license to do that? It is harder and harder to build a business – something which is plenty hard to do without the crushing weight of the state.
I was recently talking with senior wonk in Washington DC about this very issue. Why was it for all the think tanks, all the white papers, all the fits and crying in the media about this issue and that, that policy on the big issues hardly ever changes to reflect the will of the American people?
My friend thought basically the same as the author interviewed in the attached article. There is a surface level government and then there is the “deep state,” a place where massive power is housed, and wielded by largely faceless and mostly unaccountable managers who have agendas which are often very different from what you and I might want.
And then the obvious question is – “Where do the central bankers get all this money?”
Only a few people think about that, and half of the people thinking about it don’t care that this “money” comes from nowhere. All they care about is the next quarter, the next day, the next tick, whatever helps them through their withdrawal.
Crony capitalism is deep in the DNA of both major parties. Republicans do it. Democrats do it. This is a case in point.
GM is a cronyism vortex. The closer one gets to the company the stronger the crony force is. Taxpayer dollars disappear into it and are gone forever. Common sense too. The free market and genuine innovation? They long ago passed over the event horizon.
It does. I thought everyone knew that already.
Gambling is not a particularly good thing. But it is something which millions, if not billions of people enjoy responsibly. Many of those people go to casinos now. The casinos however are afraid that if gambling is legalized online in the USA many of those customers will never again walk through casino doors. As such the gambling industry has mounted an anti-online gambling campaign in Congress.
But the tack the casinos have taken is just insulting. Their argument is that online gambling will increase moral depravity and encourage the vice. The CASINOS are making this case.
We have long covered what happens the in the shadowy alleyways where the NSA and corporate America have gotten together in their unholy unions. Sometimes these unions are voluntary. We have seen also that many of these relationships were not and that companies have no choice but to work with the NSA.
The Rams are threatening to move back to LA?
I just got used to them in Saint Louis.
As we’ve said before, for many pro sports is a religion. As such the fervor and irrational behavior of adherents to the creed are manipulated by the people who run the show. Just like any religion.