The Myth That We Live in a Free Market, and How the Left Uses it to Their Benefit

“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.” – Milton Friedman Perhaps the most significant and deeply complex political issue that’s never addressed–or even fully understood by those on the left or the right–is crony capitalism. I know what you’re thinking. It was just last week that Carly Fiorina and other Republican candidates were bemoaning cronyism! I’m fully Read more […]

Why Isn’t the Tea Party Succeeding in Reducing Government?

If liberal fearmongers are correct, the Tea Party is at the very height of its power. Yet so many elected Tea Party Republicans have failed to rein in the federal government. They were elected on a promise none of them have been able to fulfill: In the American scheme of government-by-special-interests, the instinctive conservative sympathy for states’ rights and business interests can be a dangerous trap, leading even the most ardent champions of limited government and economic freedom to embrace Read more […]

The Lobbying Problem and How We Can Fix It

We have a lobbying problem in Congress. Beginning in the early 2000s, the amount of money being spent to lobby Congress exceeded the amount of money taxpayers were spending to fund Congress: Corporations now spend about $2.6 billion a year on reported lobbying expenditures – more than the $2 billion we spend to fund the House ($1.18 billion) and Senate ($860 million). It’s a gap that has been widening since corporate lobbying began to regularly exceed the combined House-Senate budget in the Read more […]

A Rock and a Hard Place: Civil Corruption and Crony Capitalism

Should corporations be allowed to operate freely without government interference? Or do they need to be regulated by government to make sure corporations treat people fairly? Nope. Neither of these options are possible right now. We’re between a rock and a hard place: between civil corruption and crony capitalism. As you might surmise, neither is desirable. What we have now in the conservative and liberal establishment is not an argument between freedom on one hand and tyranny on the other. Read more […]

Turns Out Sugar Isn’t So Sweet

Added sugar in our diets might be doing more to us than just making us fat, according to a new study assessing the deleterious effects of sugar in our diets: “People are becoming literate about the toxic effects of sugar,” [Dean] Schillinger [a member of the SugarScience team that did the newest sugar study] said, “and have more understanding of the idea that high doses are bad for one’s health.” He sees evidence that those in a higher socioeconomic bracket are taking steps to limit intake Read more […]

Is the US Economy Really In a Full Recovery?

In another exercise in self-fulfilling prophecies, economists told the US economy that it was in full recovery, and the news jolted the stock market into another temporary jump: The US economy grew at a sizzling 5 percent annual rate last quarter, the fastest since 2003, fueled by consumer and business spending. The surge confirmed that the U.S. economy is steadily strengthening and outshining others around the world. The news helped lift the Dow Jones industrial average above 18,000 for the Read more […]

Why is the Middle Class Evaporating?

If you listen to leftists and big-government stooges, the middle class is evaporating because of low minimum wage, greedy corporations, and tax-breaks for the rich. Which would indicate that, in order to grow the middle class, the civil government needs to get more involved. No one argues with the fact that the middle class drives economic growth, and is therefore a crucial component of economic recovery, but what is the real problem here? I think it can be boiled down to a few things: Crony Read more […]

Supreme Court Rules in Favor of “Anti-Woman” Hobby Lobby

They’re anti-woman, because they don’t want to be forced to pay for contraceptives and abortifacient drugs as part of the government mandate for them to purchase health insurance products for their employees. Women apparently feel discriminated against, because this means that they would have to pay for contraception and abortion-inducing drugs on their own. They shouldn’t have to pay for those things. Everyone knows it’s the employer’s job to provide those things for their female employees. Read more […]

Fiat CEO: “Don’t Buy Our Electric Cars”

As much as I don’t like admitting that Obama was right about something, perhaps he did choose the right man to head up Chrysler. (But don’t worry; all the other problems with that merger still ensure that Obama comes out in the red on it overall … and hey, even a blind squirrel finds a nut in a broken clock occasionally and all that.) But I kind of like the CEO of Fiat, Sergio Marchionne. At least the man has a little spark and honesty. Recently, Marchionne angered pretty much everyone Read more […]

Obama’s Perfect Track Record on Crony Capitalism

It seems like Obama would try to be a little less transparent about the crony capitalism that has marked his administration. But apparently, it doesn’t matter to his supporters what he does. A tip for big corporations jockeying for favors from Obama’s DoJ: Make sure you donate heavily to the Democratic Party and/or Obama favorites. If you do, you’ll get huge favors. But if your executives contribute to opponents of Obama, you’re not getting anywhere. If this correlation were not so well-documented, Read more […]

Comcast, Lobbyists, and Revolving Doors

There’s a deal on the table for Comcast to buy Time Warner Cable, which would make Comcast by far the biggest cable provider in the nation. And there is a lot of back and forth as to whether or not that would be a good thing. A few anti-trust pundits think the merger is bad for competition and consumer choice. But others think it might help to invigorate a flagging cable industry, giving it the capital it needs to adapt to a changing market. I really don’t know what I think about all of that. As Read more […]

What They Call Capitalism Isn’t Capitalism At All

When most leftists and liberals decry the current American system, they talk about income inequality, corporate welfare, big business lobbying, and the like. They tend to call these things “the evils of capitalism” or something similar. Well, I have good news and bad news. The good news is that leftists and liberals are wrong to call these things capitalism. The bad news is that leftists and liberals are right to call these things wrong. America has become corporatist rather than capitalist. Read more […]