Crony capitalism, as we often say, is a bi-partisan endeavor. So long as there is cash to hand out, so long as government is big enough to pick winners and losers, abuse is going to happen. And despite what many in the GOP say, it’s not a party of small government, or at least hasn’t been for a long time.
In the attached article Eli Leher, President of The R Street Institute gives us a glimpse into the insanity which is agricultural policy in this country. The family farm, Leher explains, is dead. Current ag policies, so often sold with a side of apple pie as being good for the small farmer, don’t benefit this ghost of Americana. They benefit big agriculture, and are created by a vast team of lobbyists who have never once worn overalls.
As time ticks on, Obamacare looks more and more troublesome. It’s not just the right wing pundits saying this now, even the woman in charge of implementing the sweeping legislation seems concerned.
3 agencies (including the IRS of course) will review one’s application. The application is over 10 pages long. What are the chances that in 10 years the form will be even longer and more complex?
Ben Nelson, the former senator from Nebraska has taken what is undoubtedly a lucrative job as head of the National Association of Insurance Commissioners.
It’s not me saying it. It’s the Senate Finance Committee headed by Max Baucus, a Democrat.
Should generally poor young people be subsidizing often wealthy old people? That’s what happens in our present crony capitalist system.
Sadly, the overhaul of 1/6 of our economy, via Obamacare, appears to be just chock full of corruption.
As we have noted, one of the industries most riddled with crony capitalism is healthcare. This is no surprise, since free prices and normal competition based on price and service have been largely eliminated.
The new rules being written for the Health Insurance Portability and Accountability Act ( HIPAA) and the Affordable Care Act ( Obamacare), say that your employer can penalize you financially if you don’t participate in recommended “wellness” programs or don’t meet certain standards.