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

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

Republican Voters DEMAND Infrastructure Spending!

Yeah, doesn’t sound right, does it? Well, whoever sets The Donald’s agenda has put this number one from the beginning. This was the only actual policy item DJT cited in his acceptance speech on election day and it’s likely the first (and maybe only) policy he will succeed in fully implementing.  That effort starts this … 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

Who Are "They?" A Shortlist

If you believe power exists and is used, and that its machinations are not always fully vetted on Fox News, you believe in conspiracies. They happen in your work, they happen in your home, they happen in the world. At work, it happens when the bosses get together to set bonuses, at home it happens … More

The Midas Touch?

I have long wondered if Trump did not release his tax returns because his main source of revenue for the past ten or fifteen years might have been his long-running reality show The Apprentice, during which time he worked for then NBC’s Jeff Zucker. Zucker, by the way, now-head of CNN, along with the rest … More

Meet the New Valerie Jarrett

In Davos, Anthony Scaramucci Translates Trump Message to Global Elite Financier-turned-Trump adviser seeks to soothe nerves about the president-elect at the World Economic Forum; ‘one of the last great hopes for globalism’ “This is my 10th year here, but my first year here with a food taster,” Mr. Scaramucci quipped at the beginning of a … More

Regulations Are For Cronies…

This is how regulations favor big business…I wrote a whole article about this mechanism coming down in the budding pot industry (seriously, that was not intended!), but today’s Journal put it so simply, so elegantly, I had to share it. Different Sector, Same Principle… Trump Treasury Pick Could Boost Small Banks Mnuchin’s background suggests he … More