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Tag Archives: Washington DC

Examiner: Fighting parasitic bureaucracies and crony capitalism

An old libertarian friend of mine used to make the point when we discussed the expansion of the state (which was often) that parasites tend not to kill their hosts. Bureaucrats and the political class tend not to kill the productive sector of the economy completely. If the apparatchiks did, they’d die too.

But the operative word here is “tend.” Sometimes parasites do kill their hosts. Sometimes the short term gain is so sweet, or leadership is so inept, that the parasites lose control of themselves. Think Detroit.

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Michelle Obama bemoans money in politics, asks donors for ‘big, fat check’

The credibility train has long, long left this White House. Michelle Obama goes to Hollywood, hustles for campaign money, and then complains about how much money is in politics. It’s just bizarre. Politicians are a weird breed but the disconnect seems to be getting bigger and bigger these days.

(From The Washington Times)

“There is something you can do right now today to make a difference, and that is to write a big, fat check. I kid you not,” she said. “I’m going to be honest with you. That’s what we need you to do right now. We need you to write the biggest, fattest check that you can possibly write.”

Click here for the article.

“I’m going to be honest with you?”  As opposed to what? A standard dishonesty?

Memo to the Political Class: You Can’t Be a Hero and a Thief

Washington and the Fed think they can plan out society. That they can manipulate the levers of the economy to elicit positive outcomes (mostly for them). That leaving the world to the “whims of the marketplace” is madness. That dispassionate managers (no one is dispassionate, especially political managers) can and will make the world anew. There is no God. Government is God and it will giveth and taketh as it pleases.

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Obama Campaign Donor Wins FCC Waiver From Auction Rules

Want to bid for airwave space? Do you do too much business to qualify for “small business” bidding status and the benefits which go with it? Well, then just call up your buddies in Washington and get a waiver. It helps if you give hundreds of thousands of dollars to the President though. Just keep that in mind.

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Big Business: Lapdog of the Left

The National Review’s Jonah Goldberg argues that what is called the American “Left” will never really fight crony capitalism. That what the progressives actually want is not the separation of business and the state but business which will do as it is told. Business as junior partner to the government. A lapdog.

Is he right?

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The Crony Capitalism Machine

Veronique de Rugy is one of the leading voices in the fight against crony capitalism. I highly recommend  a follow on Twitter, @veroderugy . Below are her thoughts on the Export-Import Bank of the United States, aka Boeing’s Bank, aka “The Crony Capitalism Machine.”

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