Crony Capitalism
CRONY CAPITALISM » Not Your Mama’s Charity: Who “Donated” $300 Billion to Corporate America in 2012 Crony Chronicles
By MB Snow at December 7, 2012 | 12:30 am
December 6, 2012 Would you freely choose to donate your money to a business this holiday season? The notion may sound absurd. But if you’re an American taxpayer, you’ve already made a “donation.” In 2012, the U.S. federal government gave $300 billion in benefits to businesses and special interest groups. These benefits, also called “corporate welfare,” ... Go To Article
Barack Obama , Commentary , Congress , Crony Capitalism , Economy , Featured , General , News , Politics , Senate
IRWIN STELZER: Capitalism and Its Discontents | WeeklyStandard
By MB Snow at December 5, 2012 | 12:15 am
DEC 10, 2012, VOL. 18, NO. 13 • BY IRWIN M. STELZER The worst economic system, except for all the others. Almost everyone knows that without banks we couldn’t get mortgages, businesses couldn’t get credit to grease the wheels of commerce, and there would be no machine on every corner to spit out cash when we need it. But by and large we hate banks and most ... Go To Article
Barack Obama , Commentary , Crony Capitalism , Featured , General , Politics
CRONY CAPITALISM: Insiders get rich on Obama’s green energy stimulus | WashEx
By MB Snow at November 1, 2012 | 12:40 am
Opinion: Editorials, October 31, 2012 -- "I had a friend who said, 'You don't just pick the winners and losers,' " Mitt Romney told President Obama in the first presidential debate. "You pick the losers." Romney's assessment of the billions that Obama has wasted on green energies is dead on. And unfortunately, it only tells half of the story. According to a ... Go To Article
Barack Obama , Commentary , Crony Capitalism , Economy , Election 2012 , Energy , Featured , General , Politics
VIDEO:: KLAVAN ON THE CULTURE: Picking Losers, Why Cronyism Isn’t Capitalism
By MB Snow at October 30, 2012 | 12:59 am
Crony Capitalism , General , News , Politics , Video news , VideoPage
THE EDITORS NRO: The New Economic Nationalism
By MB Snow at October 29, 2012 | 12:08 pm
By The Editors, OCTOBER 29, 2012 -- In the most scurrilous ad of a scurrilous campaign, President Obama’s allies at the Democratic super PAC Patriot Majority have released a new ad denouncing Mitt Romney as an “economic traitor” — their actual words — while the president identifies his own policies as the “new economic patriotism.” Of course it is not ... Go To Article
Barack Obama , Commentary , Crony Capitalism , Economy , Election 2012 , General , Mitt Romney , Politics
CRONY CAPITALISM:: Former Solyndra lobbyist and current Obama Super PAC donor gets government green for green projects | Washington Free Beacon
By MB Snow at September 12, 2012 | 9:40 am
BY: Andrew Evans -- A lobbyist and Obama Super Pac donor who has had numerous meetings at the White House has represented green energy concerns that have secured millions of government dollars—including the failed solar-panel manufacturer Solyndra. David H. Mann’s work focuses on “the areas of clean technology, energy and environmental policy, and ... Go To Article
Crony Capitalism , General , News , Politics
REVIEW & OUTLOOK: If Only They Had Listened – WSJ
By MB Snow at August 19, 2012 | 12:53 am
REVIEW & OUTLOOK - August 17, 2012 On July 27, 2000, a first-term Congressman from Wisconsin signed his name to the Housing Finance Regulatory Improvement Act. The 30-year-old legislator didn't have much company. Of 435 Members of the House, only 12 were willing to join Paul Ryan in sponsoring a bill to reduce the taxpayer risks at Fannie Mae and Freddie ... Go To Article
Commentary , Crony Capitalism , Economy , Election 2012 , Featured , General , Paul Ryan , Politics
CRONY CAPITALISM:: Biden’s ‘good friend,’ donor receives $20M federal loan | The Daily Caller
By MB Snow at August 17, 2012 | 12:10 am
By Christopher Bedford -- In late July, John Hynansky — a longtime friend of Vice President Joe Biden, and a major donor to Biden’s campaigns as well as President Barack Obama’s — was awarded a $20 million taxpayer loan to build a foreign-car dealership in Ukraine. According to a public summary document, the loan, from the federal government’s Overseas ... Go To Article
Crony Capitalism , General , News , Politics
BAILOUT:: GM could be heading for bankruptcy again | ConservativeNews
By MB Snow at August 16, 2012 | 1:00 pm
By: John Hayward , 8/16/2012 10:17 AM President Obama loves to tout the General Motors bailout as the signature “achievement” of his presidency, even though current taxpayer losses on the deal are estimated at over $25 billion. The exact degree to which the rest of us got soaked so Obama could give GM to his union allies changes constantly as the value of the ... Go To Article
Barack Obama , Commentary , Crony Capitalism , Featured , General , Politics
CRONY CAPITALISM:: How Harry Reid has been pulling strings for Chinese solar energy company | Washington Free Beacon
By MB Snow at August 13, 2012 | 10:13 am
BY: Andrew Stiles -- Senate Majority Leader Harry Reid (D., Nev.) has been working to secure sweetheart deals for Chinese green energy firms, according to reports. Reid, who last week hosted the fifth annual National Clean Energy Summit at the Bellagio Hotel and Casino in Las Vegas, has been “pulling strings behind the scenes” for months on behalf of ENN Mojave ... Go To Article
Crony Capitalism , Energy , General , News , Politics
