Take the ‘Crony’ Out of ‘Crony Capitalism’

When Judge Richard Posner, the prolific conservative intellectual, released his book “A Failure of Capitalism: The Crisis of ’08 and the Descent Into Depression” last year, you might have thought the final verdict was in: Capitalism caused the economic downturn and high unemployment.

That this verdict was pronounced by someone like Posner, who is associated with the University of Chicago and the free-market law and economics movement, gave moral support to all the politicians who were intent on exploiting the recession (as they exploit all crises) to increase government control of the economy.

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Capitalism.org

Capitalism.org is the website for the moral social system: laissez-faire capitalism.
1. What is capitalism?
Capitalism is a social system based on the principle of individual rights. The term capitalism is used here in the broader philosophical political sense, and not in the narrower economic sense, i.e. a free-market.

Under Obama, crony capitalism again rules the day

In his best-seller “Inside U.S.A.”, the hugely readable journalist John Gunther described America as it was in the last year of World War II. He interviewed hundreds of politicians, businessmen and journalists, but only four men rated a separate chapter — three politicians and Henry J. Kaiser, the California construction magnate who built dams and ships and manufactured concrete and steel and aluminum.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/Under-Obama_-crony-capitalism-again-rules-the-day-84271222.html#ixzz15AQRolkH

The Aftermath of the Kelo Ruling

One year ago, on June 23, 2005, the United States Supreme Court opened the floodgates for the abuse of eminent domain by state and local authorities with its Kelo v. City of New London decision. That decision held that private property could be taken by government agencies and turned over to private developers under the guise of ‘economic development.’

Eminent Hypocrisy

In a June 26 editorial entitled ‘Responsible Use of Eminent Domain,’ the New York Times displays what can only be described as the ultimate in hypocritical chutzpah as it attempts to justify its own nefarious land—grab made under the guise of the principle of eminent domain.

A Supreme Court decision last year on eminent domain caused many people to overreact, most of all Congress. The House of Representatives passed a troubling bill that would severely limit local governments’ ability to clean up blighted areas and promote responsible development. The Senate, which has yet to act, should take a more moderate approach.

Eminent Domain: Being Abused?

Just about everyone knows that under a process called eminent domain, the government can (and does) seize private property for public use – to build a road, a school or a courthouse.

But did you know the government can also seize your land for private use if they can prove that doing it will serve what’s called “the public good”?

National Right To Work Committee

The National Right to Work Committee, established in 1955, is a nonprofit, nonpartisan, single-purpose citizens’ organization dedicated to the principle that all Americans must have the right to join a union if they choose to, but none should ever be forced to affiliate with a union in order to get or keep a job.

Time to Tackle Right to Work

The 2010 landslide means that Republicans in the House can stop any new legislative initiatives by the Democrats and that Senate Republicans, if united, can stop almost anything Democrats want to do in that body as well. House Republicans can also send to the Senate bills that will put political pressure on Obama and Senate Democrats, like a complete extension of the Bush tax cuts. But at the federal level, Republicans cannot actually do anything without Democrats caving in.