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Crony Capitalism

Jason Linkins

The Kronies Love Small Business And Hate Crony Capitalism, But Can They Bring People Together?

HuffingtonPost.com | Jason Linkins | Posted 01.27.2014 | Politics

Here comes the populist right! A mysterious new online entity calling itself Chimera Global Holdings is pushing a new comedy video/action figure marke...

Wendy Davis Rises, Texas Republicans Are Headed for a Fall, and the Battle of Texas Begins

Brent Budowsky | Posted 01.23.2014 | Politics
Brent Budowsky

Davis is the leader of a great and uplifting movement for change in Texas, while Greg Abbott is the tired champion of a corrupted Texas Republican Party whose leading voices divide and embarrass the Lone Star State.

Wendy Davis Poised to Change History in Texas

Brent Budowsky | Posted 11.20.2013 | Politics
Brent Budowsky

Oct. 3 will someday be viewed by Texas historians, Texas media, Texas political leaders and Texas voters as the day the future began to change in Texas, as the day the tide began to turn.

A Better Way for Clean Energy Investment

Mark Pfeifle | Posted 09.22.2013 | Politics
Mark Pfeifle

While many Americans would like to see us move toward "green energy" as a means to reduce our dependency on foreign oil and fossil fuels in general, such a move should be driven by market forces, not the strong arm of government and crony capitalism.

Adios, Mofo

Jason Stanford | Posted 09.08.2013 | Politics
Jason Stanford

Rick Perry might be moving on, but he's leaving behind a legacy as a radical free-marketeer who never governed anything he didn't want to privatize.

Wendy Davis for Texas

Brent Budowsky | Posted 08.17.2013 | Politics
Brent Budowsky

The future of Texas will not be found in voices who prefer a Texas in which Hispanics are second-class citizens when they seek to vote and women are second class citizens when they seek to live their lives as they choose and seek a good job and a fair wage.

Can President Nieto Deliver the Goods?

Daniel Wagner | Posted 06.26.2013 | World
Daniel Wagner

Breaking the monopoly of Mr. Slim and reforming Pemex would be a good start, and would also serve to demonstrate that the PRI is indeed interested in moving Mexico forward. It will take every ounce of his determination and perseverance to make it a reality.

George W. Bush: A Disastrous President

Brent Budowsky | Posted 06.25.2013 | Politics
Brent Budowsky

The Bush presidency was a disastrous presidency which caused a range catastrophies including the Iraq war, the budget deficit, and the financial crash.

David Stockman's Crony Capitalism

Harlan Green | Posted 06.09.2013 | Business
Harlan Green

David Stockman's New York Times 'rant' glorifies the gold standard and denigrates government for standing in the way of putting "free markets and genuine wealth creation back into capitalism." In fact, Stockman would return us to an earlier era of crony capitalism.

Days of Crony Capitalist Plunder

David Stockman | Posted 06.08.2013 | Business
David Stockman

The urgent imperative for the Fed to revert to canons of sound money can be illustrated by its opposite: the utterly shameful and gratuitous bailout of Morgan Stanley two weeks after the Lehman Brothers bankruptcy.

It Wasn't David Stockman Who Wrecked the Economy

Robert Scheer | Posted 06.01.2013 | Politics
Robert Scheer

Why is David Stockman driving everyone crazy? The shoot-the-messenger frenzy that has greeted Sunday's New York Times op-ed by Ronald Reagan's former budget director leaves one searching for the message that has so unhinged his critics.

Too-big-to-fail Banks Will Kill the Global Economy

Bill Frezza | Posted 05.12.2013 | World
Bill Frezza

Think our problems can be solved with a regulatory nip here and a fiscal tuck there? Believe that our fiscal and monetary challenges can be overcome if we just get "the rich" to pay their "fair share?"

Why Americans Pay So Much for Health Care: Friends in High Places (Just Not Your Friends)

Wendell Potter | Posted 04.06.2013 | Politics
Wendell Potter

If you wonder why we spend more money on health care than any other country but have some of the worst health outcomes, you need look no further than the halls of Congress to figure it out.

How Crony Capitalist Shamelessly Dupe Progressive Planners

Bill Frezza | Posted 03.16.2013 | Business
Bill Frezza

There it was in the recent Fiscal Cliff deal -- more tax breaks for windmills, electric cars, biodiesel, algae (algae?!), and of course 14 different flavors of ethanol. How many failures will it take before progressives wake up to the fact that they are being sold a bill of goods?

Crony Capitalism's Power Couple

Robert Scheer | Posted 02.20.2013 | Business
Robert Scheer

Where is Phil Gramm hiding? The former Republican senator from Texas has not been heard from since his bank got nailed by the G-men. Or, as the Times put it, UBS now has the distinction of being "the first big global bank in more than two decades to have a subsidiary plead guilty to fraud."

'Miracle On Wall Street' Satirizes Government Aid To Corporations

The Huffington Post | Ariel Edwards-Levy | Posted 12.06.2012 | Politics

Budget negotiations have put a damper on Washington's holiday spirit, with House Majority Leader Eric Cantor (R-Va.) threatening to keep Congress in s...

Election 2012: Schadenfreude With a Smile

Doug Bandow | Posted 01.10.2013 | Politics
Doug Bandow

I'm not thrilled with President Obama's victory. Still, I have to admit that Mitt Romney's loss left me with at least a half smile on my face. Mostly it's a result of schadenfreude, one of the baser human emotions, I admit. But I just can't help it.

Behind the Republican Rhetoric: The Misleading Appeal of Free-Market Capitalism

David Coates | Posted 01.23.2014 | Business
David Coates

At this moment, the U.S. economy is probably most properly described as a classic example of "crony capitalism." And if we are going anywhere new as an economy, we are in danger of heading to something even worse -- "vulture capitalism."

Decoding Romney

Paula Gordon | Posted 12.28.2012 | Politics
Paula Gordon

Financial engineering of the type Mitt Romney represents is not going to fix our problems -- it is what got us into this godawful mess.

Crony Capitalism's Unofficial Mascot Rails Against... Crony Capitalism

Posted 09.10.2012 | Business

It’s time to put an end to crony capitalism, says huge beneficiary of crony capitalism. Charles Koch, the CEO of the notorious Koch Industries, ...

Dan Wang

New Jersey Land Grab: 'It Was Like Being In A War Zone'

HuffingtonPost.com | Dan Wang | Posted 08.01.2012 | Politics

Santos Cruz still remembers the first time he heard the demolition crews. "They came without any warning at 6 a.m. outside my home," he said in a rece...

Romney Campaign Ad: Obama Used Stimulus Money To Reward Cronies

The Huffington Post | Sabrina Siddiqui | Posted 07.18.2012 | Politics

The Romney campaign continued to accuse President Barack Obama of crony capitalism with the release of a new television ad on Wednesday. The ad, wh...

Romney Aide's Hypocritical Attack on Obama "Crony Capitalism"

David_Halperin | Posted 07.17.2012 | Politics
David_Halperin

Although the Obama administration has indeed sometimes cozied up to special interests, it is Mitt Romney's policies that are audaciously skewed to favor his campaign donors.

Sheila Bair as Vice President. Governor Romney, Are You Listening?

Raymond J. Learsy | Posted 07.28.2012 | Politics
Raymond J. Learsy

Romney is identified hand and fist with Wall Street's interests. Yet it is still early in the campaign. It would be a coup were his campaign to look to that singular personage in government who fought tooth and nail for the interests of everyday America.

The Death of Economic Liberty and the Birth of Crony Capitalism

Trevor Burrus | Posted 06.19.2012 | Politics
Trevor Burrus

The history of crony capitalism didn't begin when big businesses and billionaires began spending fortunes on lobbying and campaign contributions. It began when the New Deal-era Supreme Court stopped protecting fundamental economic liberties guaranteed by the Constitution.