Deal with the Devil, come up empty-handed:
The pitfalls of crony capitalism.

April 15, 2016
By

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The essence of Big Gov and its evils is found in its collusion with Big Business. Wall Street cronies are forever taking the chance of cutting deals with politicos on the chance that they might be given a special advantage over the competition. There are pitfalls. For example, take the instance of a fascist Mafia Presidency making private business an offer it can’t refuse….then welching on its end.

Prominent running shoe outfit New Balance has come out with the news that it was bribed with promises of government contracts in exchange for dropping its public opposition to the Trans-Pacific Partnership (TPP), an Obama administration showcase project. Too bad those contracts never materialized, and now New Balance has gone back to its original position.

A good precedent. For all those on the Left screaming about keeping Big Money out of politics or touting the righteousness of separating Church and State, we suggest equal fervor for a separation of Wall Street and State. Without that link, we’d have the semblance of a free, competitive market place. Perhaps businesses should just take their stands where they please and let consumers decide who gets their business, not Big Brother. I can dream, can’t I?

4 Responses to Deal with the Devil, come up empty-handed:
The pitfalls of crony capitalism.

  1. Carm Catanese on April 17, 2016 at 9:11 am

    That poster and caption says it all. Nor is this a new insight. Going all the way back to the Enlightenment, John Locke, the Founders and Thomas Paine, Western democracy was based on limited government and competition between branches of government. The history-free zone that we currently inhabit has absolutely no recognition of these truths… not in our high school civics, not in our universitie or the university-trained media chattering class… And certainly not among power-hungry, money hungry politicians.

    • Fred on April 17, 2016 at 11:22 am

      Certain ideas, concepts, principles from those much maligned Dead White Men have provided hundreds of millions of us with a way of life undreamt of by the richest royalty of yore. But don’t tell that to today’s whining, subversive Left. So much easier to malign & destroy than dream & build on the precious foundation granted us.

  2. […] (aka bribes) regularly forthcoming from both management (the Chamber of Commerce representing the crony capitalists of Wall Street) and labor (SEIU). Two of the most visible faces in DC are Tom J. Donahue, President of the […]

  3. […] Little Helpers. An epidemic of cynical cronyism and a gullible […]

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