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Truth & Transparency = A Stronger Democracy

July 19, 2015 by Ted Leave a Comment

Capitalism for cronies or public good?

Capitalism for cronies or public good?
Now, crony capitalism is a bad thing, and I've railed against it in the context of Japan. When well-connected companies are able to use the government as a tool to protect themselves from competition, it's good for those companies but bad for the ...
Read more on The Korea Herald

Crony Capitalism And The Growth Of Federal Regulation
In it, OMB pegs the cumulative costs of 116 selected major regulations during the decade at between $ 68.5 billion and $ 101.8 billion. This annual roundup is one product of the executive branch regulatory review process, by which our federal regulators ...
Read more on Forbes

Garrett: Crony Capitalism is Alive and Well at FHFA
“On the same day that the Ex-Im Bank expires, the crony capitalist empire strikes back at the FHFA. Fannie and Freddie have been bailed out by American taxpayers to the tune of $ 188 billion, yet Director Watt is handsomely rewarding the executives of ...
Read more on RealEstateRama (press release)

Melcher: The Export-Import Bank: It's not just for big corporations - Richmond.com
And David Zuckerman, vice president of ServerLIFT Corp. observed in the Phoenix Business Journal, “Ex-Im is not 'crony capitalism.' We did not curry favor with the administration to get our account with Ex-Im; we simply applied. We did so in order to ...
Read more on Richmond Times-Dispatch

Filed Under: Crony Capitalism Tagged With: Capitalism, cronies, good, Public

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