Crony Capitalism

CRONY CAPITALISM:: How Harry Reid has been pulling strings for Chinese solar energy company | Washington Free Beacon

By at August 13, 2012 | 10:13 am

CRONY CAPITALISM:: How Harry Reid has been pulling strings for Chinese solar energy company | Washington Free Beacon

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

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REP. PAUL RYAN:: After Roanoke – AmericanSpectator

By at July 25, 2012 | 12:55 am

REP. PAUL RYAN:: After Roanoke – AmericanSpectator

Rep. Paul Ryan -- Promoting entrepreneurship instead of perpetuating crony capitalism. President Obama recently made a stunning remark about owners and workers under free enterprise. He said, "If you've got a business, you didn't build that. Somebody else made that happen." Who? Ultimately, the government. Free enterprise empowers entrepreneurs who have ideas ... Go To Article

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CARNEY:: New solar failure got subsidies from Dems and GOP | WashEx

By at July 23, 2012 | 12:40 am

CARNEY:: New solar failure got subsidies from Dems and GOP | WashEx

Another politically connected subsidy-suckling solar company has hit the financial rocks, and once again, revolving-door lobbyists and Obama bundlers are implicated. But this time the GOP is on the hook, too. Amonix announced last week it was closing down its 214,000-square-foot Las Vegas factory that makes solar panels. The news generated schadenfreude among ... Go To Article

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MICHELLE MALKIN:: Obama’s Fatcats – NRO

By at July 18, 2012 | 1:13 pm

MICHELLE MALKIN:: Obama’s Fatcats – NRO

By Michelle Malkin -- Obama campaign adviser David Axelrod and his hatchet people are still yammering about GOP presidential rival Mitt Romney’s overseas investments. It’s time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here on American soil. Republicans can’t make the fatcat-narrative ... Go To Article

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CRONYISM Built That | Washington Free Beacon

By at July 18, 2012 | 10:19 am

CRONYISM Built That | Washington Free Beacon

BY: Andrew Stiles - July 18, 2012 5:00 am President Obama’s record of rewarding political donors with taxpayer dollars and plum administration posts is facing a new round of scrutiny thanks to GOP challenger Mitt Romney’s effort to make it a central issue of the campaign. “[President Obama] thinks it’s his right to give taxpayer money to those who have ... Go To Article

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OBAMA DONORS:: Democratic Domain | Washington Free Beacon

By at July 17, 2012 | 10:18 am

OBAMA DONORS:: Democratic Domain | Washington Free Beacon

BY: Andrew Stiles -- Local officials in San Bernardino County, Calif., met last week to consider a controversial proposal to use eminent domain powers to seize and refinance underwater mortgages. The plan, which is being championed by wealthy investors with deep ties to the Democratic Party, has drawn criticism from opponents who see it as an egregious violation of ... Go To Article

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ARTHUR BROOKS: America Already Is Europe – WSJ

By at July 9, 2012 | 1:00 am

ARTHUR BROOKS: America Already Is Europe – WSJ

By ARTHUR C. BROOKS, July 8, 2012 -- In spending, debt and progressivity of taxes, the U.S. is as much a social-welfare state as Spain. I'm often asked if I think America is trending toward becoming a European-style social democracy. My answer is: "No, because we already are a European-style social democracy." From the progressivity of our tax code, to the ... Go To Article

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CRONY CAPITALISM: Complaints in Congress Helped Prompt VIP Loans, Report Says – WSJ

By at July 5, 2012 | 1:18 pm

CRONY CAPITALISM: Complaints in Congress Helped Prompt VIP Loans, Report Says – WSJ

By JOHN R. EMSHWILLER, POLITICS  July 4, 2012, A controversial program at Countrywide Financial Corp., offering loans to "VIPs" on favorable terms, spread to Congress in part because congressional staffers complained about their Countrywide mortgages to the company's lobbyist, according to a new report by a House committee. The VIP program—part of the scandal at ... Go To Article

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BARONE:: Will President Obama suffer from a Bain backlash? [VIDEO LINK] – WashEx

By at May 27, 2012 | 12:44 pm

BARONE:: Will President Obama suffer from a Bain backlash? [VIDEO LINK] – WashEx

The ham-handed Barack Obama campaign attack ads on Mitt Romney's former firm Bain Capital have drawn a lot of ire from other Democrats. And not just because they were sloppily fact-checked (the ads hit Romney for layoffs long after he left Bain) and because a leading Obama money bundler is a Bain executive himself. Chiming in with various degrees of disapproval were ... Go To Article

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KIMBERLEY STRASSEL:: Vulture Capitalism? Try Obama’s Version – WSJ

By at May 25, 2012 | 12:55 am

KIMBERLEY STRASSEL:: Vulture Capitalism? Try Obama’s Version – WSJ

President Obama is no fan of Mitt Romney-style "vulture" capitalism. So what's his alternative? All those Republicans grousing about the president's attacks on private equity might instead be seizing on this beautiful point of contrast. Mr. Obama, after all, is no mere mortal president. Even as he's been busy with the day job, he's found time to moonlight as ... Go To Article

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