More #CronyMedia: PBS cuts Green Pres. Candidate Jill Stein’s Comments Critical of Hillary Clinton from Interview

We often discuss the crony media. Its disposition is generally corporatist, generally left of center, absolutely statist, and a key part of the establishment power structure. The #oldmedia generally cheers the Dems and generally seeks to make life hard for the Republicans. But the #oldmedia doesn’t like anyone who doesn’t adhere to the official line whoever they are, as we witness here.

It should be noted that Judy Woodruff,

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Colin Kaepernick speaking today (yesterday) — his thoughts on Hillary Clinton, Donald Trump, and the U.S. Presidential election (VIDEO)

Generally speaking we are not inclined to give much weight to sports figures or other entertainers when it comes to politics. But given the controversy surrounding the fact that Kaepernick did not stand for the national anthem I think this video is appropriate fare for our readers. Mr. Kaepernick’s take on the current political situation I think reflects where a lot of Americans are. He expresses his frustration with both major candidates.

We don’t agree or disagree with what the San Francisco quarterback has to say,

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What if only taxpayers voted? (Interesting Graphic)

This map was originally posted by CNN and reflects 2012 exit polling. Though it doesn’t say it appears that “taxpayers” in this case means federal tax payers. Obviously those who don’t pay federal taxes, or even state income taxes pay sales taxes etc.

We are not arguing that only those who pay federal taxes should be able to vote. Let’s make that clear. But this graphic does show the disposition of those who carry most of the federal tax load.

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Crony Capitalism is a Feature (Not a Bug) of Obamacare

We have long asserted this. Obamacare is/was good for the insurance companies, the pharmaceutical companies, the drug stores, all sorts of large vested interests. The lobbyists for these interests wrote large pieces of the legislation.

Obamacare is a vehicle for cronyism. That is its nature. That is what makes Obamacare Obamacare.

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Light that match: Yellen suggests radical new Fed policies

Yellen says the Fed is not “ actively considering” any of the radical and destructive ideas she outlines in her speech, but if not why is she mentioning them? These ideas include:  printing money to buy assets including stocks, targeting 4% or higher inflation, printing money until nominal GDP hits a certain target (Fed speak for until we get as much inflation as we want).

Also note that when ’08 hit, the Fed bought government supported mortgage securities even though that was illegal at the time.

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Justice Dept.: Firing migrant workers with expired papers is discrimination

The goal ultimately is to make it harder and harder for companies to fire anyone.

Sounds good for workers right? Well, it’s a double edged sword. If it’s harder to fire it’s much harder to hire. Companies fearing being stuck with poor performers will choose to not hire or to automate.

And check this video out. This is the sort of thing employers have to concern themselves with these days. Good luck keeping all the rules straight.

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Want to Reduce the Price of EpiPens? Approve Some Competition!

Yet another example of the state getting involved in medicine and the state making it possible for protected monopolies to cash in.  It’s not the market that pushed up prices on epipens. It’s the lack of market forces.

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4,000 Native Americans in Bundy Ranch-Style Protest as DHS Cuts Water Supply — Media Blackout

Where I live Dominion Power is trying to use eminent domain to force through a pipeline from West Virginia to the Atlantic. Thanks to lower gas prices and a concerted effort from relatively well off land owners the pipeline, for the moment, has been held at bay. Things are a little more advanced out in Sioux country apparently. We are shocked that the Army Corps of Engineers, you know the federal government that has been so good to Native Americans over the years,

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The big defense contractors are lining up behind Hillary Clinton

I am currently editing a collection of past essays and last night I was editing the “neocon” chapter. I noticed that we argued multiple times in 2014-2015 that with the rise of Rand Paul the neocons, the pro-war crowd in the GOP and with them the weapons manufacturers, might defect to Hillary Clinton.

But as it turned out it wasn’t Rand who sent the big government GOP war advocates to Hillary, it was Trump.

(From Rare)

Defense contractors are accustomed to getting what they want.

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45 Years Without Gold (Standard)

Of course even when Nixon completely detached the dollar from gold we had a very very modified gold standard. But at least there was some tie to reality.

Now we live in an almost completely fiat system, though it can be argued – well – that oil is the de facto backer of US currency these days, the so called petrodollar. (Though some do not buy this argument.) Regardless we live in a highly financialized world with lots and lots of cheap money floating around.

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