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Tag Archive: Cronyism

Mark Levin : Abolish The IRS

Filed under: Arrogance, Conspiracy, Corruption, Lies, Politics, Statism, Tax Reform Now, Tea Party — Leave a comment

May 17, 2013

Mark Levin: “It’s Time To Kill The IRS”

” MARK LEVIN: “Yes, we’re going to cover the ins and outs of this — we’re going to come into the weeds, but folks, it’s time to kill the IRS. That’s the bottom line. This agency has been corrupt since its founding. And the bigger the government gets, the more corrupt it gets, the more ubiquitous it gets. And I don’t just mean political partisanship and cronyism, I mean its abuses. We must fight the expansion of the IRS under Obamacare. We must fight to kill the IRS or critically wound it — politically — with either a flat tax or a fair tax. Now is the time to advance a liberty agenda. Now is the time to advance a Constitutional agenda.” (Mark Levin Show, May 15, 2013)”

Video at the link

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Tags: Abolish The IRS, Corruption, Cronyism, FairTax, Flat tax, IRS, Mark Levin, Patient Protection and Affordable Care Act, Political Enemies List, Retribution, Statism

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Obama’s “Green Jobs” – The Biggest Crony Payoff EVER !

Filed under: Business, Corruption, Cronyism, Debt, Economy, Energy Independence, Environmentalism, Fraud, Green Energy, Lies, Monetary Policy, Politics, Science & Technology, Spending, Taxation, Waste — Leave a comment

May 9, 2013

OBAMA SPENT $11.45 MILLION PER ‘GREEN JOB’ CREATED

” In 2008, then-candidate Barack Obama promised to create 5 million “green jobs” if elected president. However, an analysis by the Institute for Energy Research (IER) finds that since 2009, the Department of Energy’s (DOE) $26 billion loan program created just 2,298 permanent jobs, at a cost of $11.45 million per job created.

In his New York Times bestselling book Throw Them All Out, Government Accountability Institute President Peter Schweizer revealed that 80% of Department of Energy loans went to companies owned by or connected to President Barack Obama’s top campaign fundraisers.”

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Tags: $ 11 Million Per Job, Barack Obama, Bundlers, Campaign Contributors, Corruption, Cronyism, DOE, Green Energy, Institute for Energy Research, Scam, Stimulus, Sustainable energy, United States Department of Energy

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Charity Begets Resentment Not Gratitude – Solar Grantee Files Suit For Bigger Slice Of Pie

Filed under: Arrogance, Business, Corruption, Cronyism, Culture, Dependence, Entitlements, Green Energy, Hope and Change, Hypocrisy, Law, Monetary Policy, Politics, Scams, Science & Technology, Shame, Spending, Waste — Leave a comment

May 7, 2013

It’s Come To This: Solar Installer Now Suing The Government For More Money

” Last December, the Inspector General of the Treasury launched a probe of the three largest providers of solar panel installation companies that received funds from the much-vaunted 1603 Program — “Payments-In-Lieu-Of-Tax-Credits,” part of President Obama’s stimulus law meant to help the residential market make a switch to more renewable-energy use — as part of an ongoing investigation into whether the companies received excessive government grants via inflating their reported work costs.

One of the companies in question, SolarCity (several of whose executives and venture capital firm backers, you might remember, were generous Obama donors), is now countering with their own lawsuit against the federal government, demanding that they haven’t been paid enough money because their payouts were actually smaller than promised. From the WSJ:

The suit, filed quietly in February in the U.S. Court of Federal Claims, comes as SolarCity and other industry players are defending solar-friendly government policies, and it could undermine the industry’s message that solar power will soon be viable without government help. …”

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Tags: Barack Obama, Cronyism, Greed, Lawsuit, Obama Bundlers, Solar power, SolarCity, Stimulus Grants, Tax credit, United States Court of Federal Claims, Venture capital

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Feinstein’s Hubby Gets High Speed Rail Contract For $35 Million Per Mile

Filed under: Corruption, Cronyism, Debt, Fraud, Hope and Change, Hypocrisy, Monetary Policy, Politics, Shame, Taxation — 3 Comments

April 28, 2013

Feinstein’s Hubby Wins CA High Speed Rail Contract

cal_hsr

” Out of the entire universe of those who could have won the first phase construction contract for California’s high speed rail boondoggle, who would stand out as the last person who would win it if there were no political patronage.

Put another way, who is the most likely person to win it if there is political patronage?

Both questions have the same answer: Richard Blum, the husband of California senator Diane Feinstein.

So, who won the contract? Blum, of course, as the principle owner of Tutor Perini, the lead firm in the three-firm consortium selected by the California High Speed Rail Authority.

The Perini-Zachary-Parsons bid was the lowest received from the five consortia participating in the bidding process, but “low” is a relative term. The firms bid $985,142,530 to build the wildly anticipated first section of high speed rail track that will tie the megopolis of Madera to the global finance center of Fresno. Do the division, and you find that the low bid came in at a mere $35 million per mile.

And that doesn’t include the cost of rolling stock (that’s engines and cars to the normal among us). Nor does it include the cost of electrifying the route. Does it at least include the cost of land acquisition? No, it does not.”

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Tags: California, California High Speed Rail Authority, Corruption, Cronyism, Dianne Feinstein, High Speed Rail, Patronage, Perini-Zachary-Parsons, Richard C. Blum, Tutor Perini

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GE Capital Does Obama’s Bidding

April 25, 2013

The Obama Mafia Gets The Private Sector To Do Its Anti-Gun Dirty Work

” The world’s largest industrial company, General Electric, received a very-generous deal in 2009 when the company received $139 billion in taxpayer money under provisions created to keep banks afloat. Though GE Capital is not classified as a bank, the company was able to secure the money because it owned two small Utah banking institutions.

In short, thanks to the loophole, GE was able to secure $139 billion while not, technically, being a bank. Further, GE was able to avoid the restrictions and stipulations given to banks.

Now, with money in hand, GE Capital is cutting off funding to gun shops as the Obama Administration continues its dying efforts to curtail Second Amendment protections.

Daniel Greenfield of Frontpagemag.com accurately summarized the danger of this unholy alliance:

“What we are seeing is the political consolidation of big business into an arm of government with misappropriated taxpayer money being used to pick winners and losers in the marketplace, with the ‘winners’ then doing the dirty work of the government and acting as its regulatory arm, destroying entire areas of business that the government has yet to be able to destroy on its own.” “

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Tags: Bay City Michigan, Crony Capitalism, Cronyism, Duncan’s Outdoor Store, GE Capital, General Electric, Glenn Duncan, Gun Businesses, Guns, Jeffrey Immelt, No Loans, PC, Refuses Gun Shop Business, Second Amendment, Statism, Utah

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Call It The Crony Capital-Generation Bill

Filed under: Arrogance, Business, Corruption, Cronyism, Law, Monetary Policy, Politics, Regulation, Spending, Taxation — Leave a comment

April 23, 2013

WALMART, AMAZON BACK STEALTH INTERNET SALES TAX BILL

” Sen. Harry Reid (D-NV), Walmart, Amazon, and some Republicans are fighting to ram through an Internet sales tax bill to raise revenues and crush smaller e-commerce competitors.

The “Marketplace Fairness Act” (S. 743), a retread of a bill introduced in February by Rep. Mike Enzi (R-WY), was introduced last Tuesday and may be rushed to a vote as early as April 22nd using a Senate rule that side-steps committee debate and goes straight to a vote.

If passed, the law would require online merchants with over $1 million in annual sales to collect sales taxes for 9,600 state and local taxing authorities, a move that could dramatically increase overhead costs for smaller e-commerce sellers.

As the Wall Street Journal notes, the Internet tax bill would benefit big online sellers like Amazon and Walmart who can more easily absorb the added costs:”

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Tags: Amazon, Anti-Competition Bill, Corruption, Cronyism, Harry Reid, Internet taxes, Marketplace Fairness Act, Mike Enzi, Sales tax, Walmart

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Vitter Calls Out Stimulus Corruption

Filed under: Politics, Hope and Change, Corruption, Economy, Arrogance, Monetary Policy, Hypocrisy, Debt, Spending, Cronyism — 1 Comment

April 19, 2013

Vitter: Why Do Democrats Get 3 Times As Many Obama Stimulus Grants As Republicans?

” President Obama’s 2009 stimulus bill contained funding for Transportation Investment Generating Economic Recovery (TIGER) program grants. Democratic districts have received $356,109,553 from the program, compared to just $132,272,695 for Republican districts.”

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Tags: Obama, Corruption, Stimulus, Cronyism, American Recovery and Reinvestment Act of 2009, TIGER Funds, Democratic Districts, Republican Districts, Sen David Vitter

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Fraud And Cronyism Rule The Food Stamps Program

Filed under: Corruption, Cronyism, Dependence, Economy, Food, Fraud, Hypocrisy, Monetary Policy, Nanny State, Politics, Shame, Spending, Taxation — 4 Comments

April 7, 2013

Corporations Profit From $75 Billion Tax Payer Funded Food Stamps Program

” On Friday “Boomtown 2: The Business of Food Stamps” Government Accountability Institute (GAI) President Peter Schweizer and Breitbart News Executive Chairman Stephen K. Bannon exposed how politicians and corporations have used the country’s food stamps program to profit on the backs of tax payers.

The fraud of the food stamps program has grown since EBT cards were issued in 2002, which gave no reason for either government or corporations to look to reform the system or limit the fraud.

J. P. Morgan, which administers many of the EBT cards, like other companies, gets a cut from each transaction provided via the food stamps program. The entire system is a fraud and immoral.

Not only do corporations profit from this corrupt system, but companies like Coca Cola and Kraft Foods have “lobbied against laws” that would make sodas ineligible to purchase with food stamps Schweizer said.”

“The Rise of Crony Capitalism” by Peter Schweizer (stateofglobe.com)
Boomtown 2: Only 100 Federal Employees Tasked with Monitoring EBT Fraud (breitbart.com)
$4 billion went to soda makers… (breitbart.com)
War on Poverty Has Cost Taxpayers $15 Trillion (visiontoamerica.com)
BOOMTOWN 2: Fast Food Giant Lobbied to Get into Food Stamp Game (breitbart.com)
Food Stamp Fraud Soars To $750 Million Each Year (12160.info)

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Tags: Coca Cola, Corruption, Cronyism, EBT, Electronic Benefit Transfer, Food stamps, Fraud, J. P. Morgan, Kraft Foods, Peter Schweizer, SNAP, Supplemental Nutrition Assistance Program

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Is There Such A Thing As “Too Big To Fail” Or Is It Just Cronyism ?

Filed under: Arrogance, Business, Conspiracy, Corruption, Crime, Cronyism, Debt, Fraud, History, Hope and Change, Hypocrisy, Law, Monetary Policy, Politics, Regulation, Spending, Taxation, Waste — 1 Comment

April 6, 2013

Resolving Too-Big-To-Fail Banks In The US

” The issue of size became important in 1984, when the government bailed out Continental Illinois National Bank & Trust (“Continental”), the seventh largest bank at the time. This bailout occurred because of concerns about systemic risk due to the bank’s size. The FDIC infused $1 billion in new capital into the Continental Illinois Corporation, the bank’s holding company, in exchange for preferred stock convertible to 80 percent of the equity. These funds were then downstreamed to Continental as equity capital to recapitalize the bank. When the government bailed out Continental, Stewart B. McKinney, a Connecticut congressman, declared that the government had created a new class of banks, those too big to fail (TBTF).2 Ever since this bailout, there has been a belief that certain banks or bank holding companies are TBTF, which we call the “TBTF problem.”

This belief that some banks are TBTF was behind the regulatory response to the financial crisis of 2007–2009, when the government bailed out the biggest banks in the country. Many individuals consider the biggest banks to have largely caused the crisis, and this belief has focused far greater attention on the TBTF problem. Indeed, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) of July 2010 created a new federal receivership process pursuant to which the FDIC may serve as the receiver for big banks whose failure poses a significant risk to the financial stability of the United States. The FDIC’s new authority is intended to eliminate the TBTF problem once and for all.

This paper looks at the historical treatment of troubled banks by the FDIC. It examines how the FDIC resolves troubled banks and the sources of funds available to it in the event resolutions are costly. This examination focuses on the treatment of big versus small troubled banks to assess the importance of the TBTF issue. Given the enormous costs involved in bailing out the biggest banks during the recent financial crisis, we discuss the FDIC’s new receivership process to handle troubled big banks. We then assess whether this process will indeed eliminate the problem of large bank failures.”

FDIC & Bank of England Create Resolution Authority for Unlimited Cyprus-Style “Bail-Ins” for TBTF Banks! (silverdoctors.com)
Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a ‘Bail-in?’ (jessescrossroadscafe.blogspot.com)
Government: Too Big To Fail? (adask.wordpress.com)
Fisher: Ending ‘Too Big to Fail’ (ritholtz.com)

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Tags: AIG, Bailouts, Banks, Banksters, Citicorp, Continental Illinois, Corruption, Cronyism, Dodd-Frank, FDIC, Goldman Sachs, Private Profit-Public Losses, Regulators, SEC, TBTF, Too Big To Fail, Wall Street

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Hollywood Gets Guns … Not Honest Citizens

Filed under: Armed Citizenry, Civil Liberties, Constitution, Corruption, Cronyism, Founding Fathers, Gun Control, Gun Rights, Guns, Hope and Change, Hypocrisy, Law, New Media, Police State, Politics, Self-Defense, Shame, Statism — Leave a comment

February 27, 2013

Cuomo To Modify Strict Gun Control Laws To Exempt Hollywood…

” (CBS) – Just a month after Gov. Andrew Cuomo signed the strictest gun control law in the country, state officials plan to make some exemptions.

The law toughened restrictions on military-style rifles and high-capacity semiautomatic handguns, but those restrictions will be changed so those types of weapons can be used on the sets of television shows and movies being shot in New York.

An estimated 10,000 opponents of the new restrictions will descend on Albany Thursday as legislators consider additional amendments. “

New York’s Tough Gun Law Needs Exemption for Movies (newser.com)
Cuomo Announces Plans To Modify Gun Control Law To Exempt Film Industry, Cops (newyork.cbslocal.com)
Gun Grabbers Kill Jobs (fromthetrenchesworldreport.com)
Hollywood could be exempt from NY’s assault-weapons ban (timesunion.com)
NY to exempt TV, movies under state’s new gun law (bostonherald.com)

Tags: "Assault" Weapons, Andrew Cuomo, Barack Obama, Cronyism, Gun Bans, Gun Control, Guns, Hollywood, Hypocrisy, New York, New York City

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Issa Discusses $500 Million IRS Contract Rigging on Greta

Tags: $500 Million Contract, Bid Rigging, Braulio Castillo, Corruption, Cronyism, Darrell Issa, Greta Wire, House Oversight Committee, IRS, Political Payback, Signet Computers Inc.

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More Crony-Care … Obama Rewards His Friends

Filed under: Arrogance, Corruption, Cronyism, Fraud, Healthcare, Monetary Policy, Politics, Regulation, Scams, Shame, Spending, Taxation — 3 Comments

February 22, 2013

Insurer With NY’s ‘Worst’ Record Of Complaints Gets $340M Obamacare Loan

” A health insurance company headed by an old friend from when President Obama was an Illinois state senator got a $340 million federal loan to establish Obamacare co-ops in New York, New Jersey and Oregon despite having a chronic record of consumer and regulatory complaints.

The New York-based Freelancers Insurance Company has been rated the “worst” insurer for two straight years by state regulators, and data compiled by a national insurance association show an extremely high rate of consumer complaints.

The firm was founded in 2008 by Sara Horowitz, who worked with Obama while he was in the Illinois state senate to launch Demos, a left-wing, New York think tank funded in part by George Soros.”

Tags: $340 Million Tax Free Loan, ACA, Complaints, Cronyism, Demos, Freelancers Insurance Company, George Soros, Left-wing Think Tank, New Jersey, New York, Obamacare, Oregon, Rated Worst In NY, Sara Horowitz, Subsidy

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Why Today’s Movies Suck

Filed under: Arrogance, Art, Corruption, Economy, Hacktivism, History, Hypocrisy, Monetary Policy, Music, Politics, Shame — Leave a comment

February 22, 2013

5 Hollywood Secrets That Explain Why So Many Movies Suck

” Chances are if you’re reading this, you are already mad at Hollywood. You’ve watched helplessly as it bastardized the franchises you loved as a child, or failed to promote — or even release — a project you had been excited about for years.

You can write it all off as greed and the terrible taste of the movie-going public, but there are other factors that make Hollywood the soulless blockbuster machine that it is. Some of which you’d never suspect …

#5.Writers Don’t Come Up With the Ideas

“There are no original ideas! Look at the top-grossing 25 films of the 2000s — 23 were remakes or adaptations! How lazy can these writers get?”

The Problem:

Even if you know nothing about how movies get made, you know that there are very specialized tasks — the sound guy is an expert in microphones and audio but probably couldn’t be trusted to do stunts. And, you assume that when it comes to thinking up the ideas for what happens in the movie, somewhere it’s all just some writer hunched over a keyboard — a professional who is an expert in story, plot and character.

Not so.

In almost all cases, the initial ideas for movie plots don’t come from screenwriters at all, but from producers (basically, the people in charge of the money side of the project). So most of the movies playing in your nearest theater didn’t come from some writer thinking up a story he wanted to tell — they came from some producer saying, “There hasn’t been a ThunderCats movie yet, has there?”
At that point, the producer and whoever else is involved (other producers, maybe a famous actor if they’re lucky) will then hammer out a rough idea for the movie that will appeal to at least two of the four market demographics (young males, young females, older males, older females). So if it’s an action movie aimed completely at young males, you throw a romance in there for the ladies. It’s only then that they will give a screenwriter a call. In other words, in most Hollywood films, the writer is basically there to fill in the dialogue holes and think of clever catchphrases for Ryan Reynolds to say every time he socks a guy in the jaw. “

The Business of Screenwriting: Sometimes you just have to say “Yes”… even to crap projects (gointothestory.blcklst.com)
Your Screenplay Sucks (imagineentpayroll.com)
The power of screenwriters (gointothestory.blcklst.com)
Ashton Kutcher gets honest: ‘I know exactly what films I’ve done that f***ing suck donkey’ (popwatch.ew.com)
Movies Suck (in Arts and Culture) (thetyee.ca)
BREAKING!! Minka Kelly Walks & Sucks On A Lollipop AT THE SAME TIME! (moejackson.com)

Tags: Cronyism, Film, Hollywood, Money, Politics, Remakes, Unoriginality, Why Hollywood Movies Suck, Writers Resources

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One Thing Obama Didn’t Lie About – “Under My Plan Energy Prices Will Necessarily Skyrocket”*

Filed under: Politics, Hope and Change, Corruption, Civil Discord, Energy Independence, Economy, Idiocy, Green Energy, Arrogance, Monetary Policy, Foreign Policy, Choice, Self-Reliance, Spending, Cronyism, Fraud, Environmentalism — 2 Comments

February 21, 2013

ENERGY PRODUCTION BANNED IN HALF OF PETROLEUM RESERVE

” The Obama administration on Thursday finalized plans to lock up from energy production half of the National Petroleum Reserve-Alaska – a tract of land the size of Indiana set aside by Congress 90 years ago to assure a domestic supply of oil.

Of the 23 million acres in reserve on Alaska’s north slope, energy production will be allowed on an nearly 12 million acres believed to hold 549 million barrels of oil – a small percentage of what the U.S. Geological Survey estimates the entire reserve holds — nearly three billion barrels of recoverable oil.

The decision to significantly curtail energy development in the reserve was signed today by Interior Secretary Ken Salazar and comes as gasoline prices continue to increase for the 34th day in a row.”

* Editor’s Note : While we admit that Obama spoke specifically about “electrical” prices due to coal burning generation plants , many electrical generators burn oil and/or natural gas , all of which have “skyrocketed” under his administration so spare us the nit-picking and admit that this is all a part of his plan .

Tags: Obama, Energy Prices, Obama administration, Cronyism, Alaska, Ken Salazar, United States Secretary of the Interior, National Petroleum Reserve–Alaska, Green Energy Fraud, ANWR, Greenies

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It’s Good To Be Friends With The “King”

Filed under: Arrogance, Budget Cuts, Corruption, Cronyism, Debt, Hope and Change, Hypocrisy, Monetary Policy, New Media, Politics, Shame, Social Media, Tax Reform Now, Taxation — Leave a comment

February 18, 2013

Facebook to Pay Zero Taxes, Will Receive $429 Million Tax Refund

” While Obama spends a lot of time talking about how the “rich” should pay their fair share, expect Obama to mention this minor incident… never. Fair share paying doesn’t apply to Obama supporters, whether in his cabinet or outside it. It never did.

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards.

Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million.”

Facebook Gets Multibillion-Dollar Tax Break, Pays Zero Taxes And Receives $429 Million Federal Tax Refund (infiniteunknown.net)
Facebook to Get $429 Million Tax Refund Despite $1.1 Billion in U.S. Profits (taxprof.typepad.com)
Facebook Will Pay No Taxes, Get Huge Refund Instead (gawker.com)
Facebook Is Somehow Getting a $429 Million Tax Refund This Year (theatlanticwire.com)
After Making $1.1 Billion In Profits, Facebook Gets A $429 Million Tax REFUND (addictinginfo.org)
Faebook Scores $429M Tax Refund (baltimorenewsjournal.com)
Facebook Gets a Multibillion-Dollar Tax Break (businessweek.com)
Facebook Tax Refund $429 Million (americanlivewire.com)

Tags: $1.1 billion, $429 million, Citizens for Tax Justice, Cronyism, Facebook, Mark Zuckerberg, Stock Options, Tax, Tax refund

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Mega Deaths For Kilowatts

Filed under: Arrogance, Corruption, Cronyism, Economy, Energy Independence, Environmentalism, Foreign Policy, Fraud, Green Energy, Hope and Change, Hypocrisy, New Media, Politics, Regulation, Scams — 4 Comments

February 5, 2013

Progressive Agenda Favors Green Energy Over Wildlife

” This must be a textbook example of cognitive dissonance, that is when diametrically-opposed ideas coexist in the same mind. To wit, self-described Progressives cherish birds and green energy, yet wind turbines kill nearly a half-million avian souls each year.”

Courtesy Of Drawn & Quartered

USA’s energy use down, renewable energy production up (nuclear-news.net)
U.S. Solar Will Eclipse Wind in 2013, Says Duke Energy – Bloomberg (bloomberg.com)
State ponders future Toledo turbines (toledoblade.com)
Japan plans to increase wind power three times (tokyotimes.com)
Port saves on utility bills from Milwaukee wind turbine (jsonline.com)
CNFL to invest $30 million in new wind farm (insidecostarica.com)

Tags: Cronyism, Environmentalists, Fraud, Green Energy, Green Money, Hypocrites, Renewable energy, Sustainable energy, Watt, Wind turbine

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CBS Cola Cronyism

Filed under: Choice, Cronyism, Economy, Food, Hypocrisy, New Media, Shame, Spending — 2 Comments

February 2, 2013

CBS Bans SodaStream Ad -Where’s The Outrage?

” CBS banned SodaStream’s Super Bowl spot because, apparently, it was too much of a direct hit to two of its biggest sponsors, Coke and Pepsi.

Please pause and read that sentence again.

I am shocked that CBS would ban a spot for being too competitive. But I’m even more shocked that the advertising world isn’t up in arms about it.

The media’s job isn’t to judge.

SodaStream has a product that could be wildly disruptive to the soda industry, if successful. As in, the “automobile” to the soda industry’s “buggy whip.” If SodaStream takes off, Coke and Pepsi would have a lot to worry about, for sure. But isn’t that what progress is all about?

CBS is protecting its relationship with Coke and Pepsi. Those two brands spend big bucks on the Super Bowl and on the network, in general. I get it. But all CBS would have to do, if Coke and Pepsi put the pressure on, is say, “Hey, we’re just the unbiased middle man here. It’s not up to us what competitors of yours say about you.” There’s no need for the medium to have a say in the message.”

The Super Bowl Ad That Coke And Pepsi Desperately Don’t Want You To See (thinkprogress.org)
SodaStream Calls an Audible (fool.com)
SodaStream Wants to Be a Pop Star Next Week (fool.com)
Pulled Super-Bowl Ad Creates Super Buzz for Soda Upstart (entrepreneur.com)
SodaStream Super Bowl Ad Rejected for Picking on Big Soda Brands (mediabistro.com)
The Super Bowl Spot Bogusky’s COMMON and SodaStream Had Banned (thedenveregotist.com)

Tags: Bias, CBS, Censorship, Coca Cola, Cronyism, Free Market, Pepsi, SodaStream, Super Bowl, Super Bowl advertising

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Asset Forfeiture , Government Theft

Filed under: Arrogance, Civil Discord, Corruption, Crime, Cronyism, Hope and Change, Individual Responsibility, Law Enforcement Thuggery, New Media, Property Rights, Spending, Statism — 1 Comment

January 25, 2013

Was this Business Owner Targeted by the Government Because His Property was Free and Clear?

HT/AgainstCronyCapitalism

Tags: Asset Forfeiture, Confiscation, Cronyism, Government Theft, Mom and Pop Operation, Motel Caswell, Rule of Law, Small Business

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Remember The Green Scandals ?

Filed under: Arrogance, Corruption, Crime, Cronyism, Debt, Economy, Green Energy, Hope and Change, Hypocrisy, Media Bias, Monetary Policy, Regulation, Scams, Science & Technology, Shame — Leave a comment

January 18, 2013

100 Percent FED Up

Tags: A123, Beacon Power, BrightSource, Cronyism, Evergreen Solar, First Solar, Fisker, Obama, Scams, Solyndra, SpectraWatt, Sun Power

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The Quid Pro Quo Administration

Filed under: Arrogance, Corruption, Cronyism, Economy, Hope and Change, Monetary Policy, Politics — 1 Comment

January 15, 2013

Obama Picks Resemble FDR’s ‘Cabinet Of Cronies’

” Much has been written so far about the choices that President Barack Obama made for his second term cabinet. His new appointees—Sen. John Kerry (D-Mass.) as secretary of state, White House Chief of Staff Jack Lew to Treasury, and former Sen. Chuck Hagel (R-Neb.) as secretary of defense—are people who have played a key role in Obama’s election or first term administration and are close friends of the president.

As president-elect, FDR picked a cabinet exclusively composed of people who were closes associates from New York or politicians who had helped him win his fight for the Democratic nomination or the general election in 1932.”

Obama’s cabinet shaping up to be a boys club (edition.cnn.com)
Obama chooses advisers who agree with him gasp! (sacbee.com)
Obama deflects criticism about lack of diversity (cnsnews.com)
Much Ado about Nothing on Obama’s White Guy Appointees (examiner.com)
Second-term Obama will play defense (cnn.com)
Crony capitalism: Obama Going for Gun Control with Tactic Used to Pass Obamacare (gds44.wordpress.com)
‘The Daily Show’ on President Obama’s cabinet appointments (video) (washingtonpost.com)
Stewart Shreds ‘All-White’ Obama Cabinet Controversy: A Black Guy ‘Appears To Be Running’ The Show (mediaite.com)

Tags: Back Scratching, Barack Obama, Chuck Hagel, Corruption, Crony Cabinet, Cronyism, FDR, Imperial Presidency, Incestuous, Jacob Lew, John Kerry, Massachusetts, New York, Ruling Class, White House Chief of Staff

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Daily Video 1.12.13

Filed under: Daily Video — Leave a comment

January 12, 2013

The Problem with Hurricane Sandy Aid

Tags: Cronyism, Daily Video 1.12.13, Hurricane Sandy, Pork Barrel Spending, ReasonTV, Relief Bill

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Bernie Madoff Was An Amateur

Filed under: Arrogance, Corruption, Cronyism, Debt, Economy, Hope and Change, Monetary Policy, Politics, Regulation, Scams — 1 Comment

January 11, 2013

“One of the Biggest and Most Elaborate Falsehoods Ever Sold to the American Pubic” (The Bank Bailouts)

” One thing, which I wish Taibbi had emphasized more is that it looks increasingly like credit would not have “seized up” across the board, for very long anyway had the big banks been allowed to fail. The mid-sized banks and the community banks, which lacked exposure to much in the way of toxic assets (because they sold them off to the big banks which then folded them into Mortgage Backed Securities) would have survived. It would have been bumpy but well run banks just outside of big bank status, BB&T for instance, would have filled in the space.

The bailout was, as David Stockman says, a Wall Street crisis. The bankers all freaked out when their bets turned terrible, and then played the information leverage game with Washington to get the tax payers to pay for their mistakes. They basically said that the entire economy was going down (it wasn’t) and therefore an unprecedented abandonment of what was left of our market based economy was justified. It was a giant con. “

Illustration By Mike Keefe

Taibbi reveals the lies (snohomishobserver.com)
Matt Taibbi really, really hates the bailout (seldo.tumblr.com)
Taibbi: Secret and Lies of the Bailout (jessescrossroadscafe.blogspot.com)
The Government Lied When It Said It Only Bailed Out Healthy Banks … 12 of the 13 Big Banks Were Going Bust (washingtonsblog.com)
What Chutzpah! AIG Wants to Sue the Govt After Taking $25 Billion from Them — Taibbi Shreds Wall St. Lies (alternet.org)
Matt Taibbi on the Biggest Wall Street Scandal of 2012 (sgtreport.com)
Secrets and Lies of the Bailout (blacklistednews.com)

Tags: Bailout, Bank Bailouts, BB&T, Congress, Corruption, Cronyism, David Stockman, Matt Taibbi, Obama, Politicians, Scam, Taxpayer Ripoff, Too Big To Fail, United States, Wall Street, Washington

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A Government Of Our Peers … LOL

Filed under: Arrogance, Civil Discord, Corruption, Cronyism, Election, Founding Fathers, Monetary Policy, Politics — Leave a comment

January 9, 2013

“The principal difficulty lies, and the greatest care should be employed in constituting this Representative Assembly. It should be in miniature, an exact portrait of the people at large. It should think, feel, reason, and act like them.” — John Adams

“The principal difficulty lies, and the greatest care should be employed in constituting this Representative Assembly. It should be in miniature, an exact portrait of the people at large. It should think, feel, reason, and act like them.” — John Adams

HT/Instapundit

Tags: Congress, Corruption, Cronyism, John Adams, Millionaires, Population, Representative, US

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Lowlights Of The Year Just Past

Filed under: Arrogance, Corruption, Crime, Cronyism, Hope and Change, Hypocrisy, Politics, Shame — Leave a comment

January 2, 2013

Annus Horribilis Comicus

” 2011 Delivered So Much Political Chicanery And Congressional Knavery Some Thought That 2012 Couldn’t Possibly Outdo It.

The more cynical among us, including your humble correspondent, knew better. A presidential election year would be enough to guarantee a new low, and we knew Obamacare would come before the Supreme Court, NBC would be in charge of the Olympics, the EU would continue its monetary meltdown while France — our favorite comic opera country — would be holding its own presidential election. Inevitably, we concluded, 2012 would leap every hurdle to make 2011’s nitwittery seem mild in comparison. And, of course, it did.

The monthly accounting of 2012 is ready, and it reads like a movie script Mel Brooks would have rejected.

JANUARY was a tough month. Several of the Republican presidential wannabes rolled over quicker than the Italian cruise liner Costa Concordia. The difference between the candidates’ Gucci-shod consultants and the ship’s captain (one Francesco Schettino) was obvious. Schettino abandoned ship as fast as he could, leaving the women and children behind. The consultants clung desperately to their candidates until the money ran out. “

Illustration By William Warren

This year’s highlights and lowlights (japantimes.co.jp)
Highlights and lowlights: an unusual return from injury and a sucky re-entry (sportchick.co.uk)
Biggest BBC blunders & bungles of 2012 (bbcwatch.org)
Ostaszewski: Blame it on the Mayans (metrowestdailynews.com)

Tags: Congress, Costa Concordia, Cronyism, Fisker, Green Subsidies, Gucci, Karma, Mel Brooks, NBC, Olympic Games, Political Chicanery, Presidential Campaign, Shame, Supreme Court, United States

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Tag Archive: Cronyism

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“The principal difficulty lies, and the greatest care should be employed in constituting this Representative Assembly. It should be in miniature, an exact portrait of the people at large. It should think, feel, reason, and act like them.” — John Adams

” 2011 Delivered So Much Political Chicanery And Congressional Knavery Some Thought That 2012 Couldn’t Possibly Outdo It.

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