Facebook's Crony Capitalism

Mark Zuckerberg runs Facebook and after the Cambridge Analytica "scandal" - it was simple advertising research - was grilled by a Congress that showed it has no idea how Facebook operates, a Congress that has "never produced anything valuable in their lives and are in the business of using force to achieve their ends" Zuckerberg welcomed government meddling in Facebook, continuing the dubious tradition of crony capitalism.

Bureaucrats Protect Competitors, Not Consumers

Crony Capitalism is government meddling to pick the winners in competition - and as always consumers are the losers.

VW Diesel Buyers Could Have Discovered Cheating Before the EPA Did

What stopped them is the myth that people should not be allowed to fix their own cars.

Solyndra And The Myth Of Green Energy

Solyndra was a solar company heavily backed by the Obama administration and its irrational push for green energy. A new report shows how corrupt it was.

What's the Matter with Greece?

What's the Matter with Greece? It has done nothing but blow its money away since 1829 and is "a crony-capitalist emerging country." In short it is a waste of money.

WACKY TABACKY POLITICS

Tobacco companies have been getting hosed not because they did anything wrong - the onus lies 100% with smokers - but because states played dirty by outlawing their right to defend themselves.

More On Crony Capitalism

We now have a new study showing how crony capitalism benefits politicians and those businesses that play along with them - including WalMart, Alcoa, and Apple.

Obamacare's Goal - Denial Of Choices

Obamacare has been a failure and here we get an illustration of what crony capitalism looks like - government dictating the rules and favored companies getting the benefit at the expense of everyone.

The Left's New Crony Capitalism Crusade

The Left has taken to a new book, Capital In The 21st Century,  yet some critics are going beyond the book's absurd argument about inequality (which has long been a result of excessively collectivist policies, not market ones) and instead are using it to attack government backing of certain industries.   The Left is now fighting to defend crony capitalism.

The Slush Fund From Obamacare To Insurers

Knowing Obamacare would not work and would cost insurers too much money - and that his revisions were illegal - the Obama regime has been buying them off. This is what Crony Capitalism looks like.

What Crony Capitalism Looks Like

Who’d a-thunk it? The USPS used its coercive monopoly power to squash the digital mail startup Outbox?

Eric Holder's Shakedown Of Toyota

The following was initially posted March 20:

AG Eric Holder has announced a $1.2 billion settlement of a lengthy - and fruitless - investigation of Toyota. It is a shakedown of the company.  


UPDATE - The CATO Institute looks at the shakedown.

Government takes General Motors loss to protect UAW cronies

The Obama takeover of GM was all about protecting the bankrupt UAW, it was never about actually bringing improvement to the auto industry. This is what crony capitalism looks like.