Public-Private Partnership Is NOT a Libertarian Concept!

reposting this article from 2017…. Privatized Isn’t the Same as Private Several years ago, when I saw protests in Europe against austerity and privatization, I thought they were misguided. If a country is powering down the welfare state in favor of free enterprise, the people should be happy. Then I realized that privatization isn’t exactly … More

Ep. 77 – Is the Opioid Crisis A Government Created Plot?

President Trump recently declared the opioid epidemic a ‘public health emergency’ in the United States. While this focused national attention on America’s deadly drug addiction, the opioid crisis hasn’t spiraled out of control because of a lack of government intervention. It’s spiraled out of control largely BECAUSE OF GOVERNMENT INTERVENTION. Bad government policy like the … More

Very Clever, Mr. Musk! (follow-on to yesterday's post)

Yesterday, in my post, The Musk Special: Government-Privilege Two Ways, I pointed out how government policy, government subsidies, government-sponsored research and government regulation are crucial to Elon Musk’s Tesla empire, complete with examples of plummeting electric vehicle sales in markets where governments stopped fostering them. This guy’s success is clearly dependent on government policy, and … More

Below-Market Rent Is an Old Scam

I personally have known two people in positions of influence who either got free rent or way below-market terms on their mortgage as a way to transfer value under the table. There was also the story of the Obamas’ house, which they allegedly bought for a below-market price from a crony. So as soon as … More

#WTWOF: Afghanistan for DynCorp?

What to Watch Out For: The New York Times recently reported that financier Steve Feinberg would be helping President Trump “assess” US intelligence agencies. Feinberg was the founder of Cerberus which is the owner of DynCorp, a major IT provider to the US government that got hit hard when Obama started winding down military operations … More

Nepotism, Cronyism & Corruption

From today’s Wall Street Journal: Donald Trump Son-in-Law Could Face His Own Conflict-of-Interest Questions Even as an unpaid adviser, Jared Kushner’s financing arrangements for his real-estate firm could draw scrutiny The real-estate company controlled by Jared Kushner, President-elect Donald Trump’s son-in-law, has hundreds of millions of dollars in loans outstanding from domestic and foreign financial … More