"If the U.S. Congress Were Seated by Campaign Cash"
ObamaCare's architects reap windfall as Washington lobbyists -
More than 30 administration officials, lawmakers and congressional staffers who worked on the healthcare law are now on K Street. ObamaCare has become big business for an elite network of Washington lobbyists and consultants who helped shape the law from the inside.
I didn’t see this coming at all.
SOPA died in 2012, but Obama administration wants to revive part of it -
The Obama administration wants to make the streaming of copyrighted works a felony.
Barack Obama: Tireless Protector of Corporate Interests.
The French Government Thinks Amazon Is Too Customer Friendly, And It's Coming Up With A Law To Stop It -
The French government is working on a law to stop Amazon from discounting book prices and giving free shipping to customers.
We can’t have people saving too much money now can we.
I don’t have to look into the particulars to know that Amazon’s competitors (local booksellers and other domestic businesses) are behind this protectionist folly.
If you were wondering why the new House bill on bank bailouts seemed like it was written by Citigroup, it’s because it was literally written by Citigroup.
“Citigroup’s recommendations were reflected in more than 70 lines of the House committee’s 85-line bill.”
Who's really behind the internet sales tax? - OpenSecrets Blog -
It’s nothing more than fascists trying to protect their favored constituents by attacking their competition.
Between March 20 and March 31, according to the FEC’s most recent filings, he received at least $41,000 from PACs run by supporters of the Internet sales tax:
- $9,000 from Home Depot, March 31
- $5,000 from AutoZone, March 31
- $5,000 from the Retail Industry Leaders Association PAC, March 26
- $3,500 from the PAC of lobbying firm Patton Boggs (which represents Amazon and other clients that support the proposal), March 20
- $2,500 from Best Buy, March 26
- $2,500 from Lowes, March 20
- $2,500 from JC Penney, March 26
- $2,500 from Target, March 26
- $2,500 from Walmart, March 31
- $2,000 from Amazon, March 26
- $2,000 from Lowes, March 26
- $2,000 from Safeway, March 31
Now the sole remedy for the abuse of political power is to limit it; but when politics corrupt business, modern reformers invariably demand the enlargement of the political power. — Isabel Paterson (via laliberty)
Leading candidate for Commerce Secretary, billionaire Penny Prisker raised over $800 million for Obama.
Technically speaking, it’s more like fascism. Socialism is where the government owns the means of production. In fascism, the government doesn’t own the means of production, but they do control it — and that’s what’s happening with our health care programs and these reforms. —
Whole Foods CEO John Mackey On ObamaCare
Later, he clarified:
“Well, I think that was a bad choice of words on my part … that word [fascism] has an association with of course dictatorships in the 20th century like Germany and Spain, and Italy. What I know is that we no longer have free enterprise capitalism in health care, it’s not a system any longer where people are able to innovate, it’s not based on voluntary exchange. The government is directing it. So we need a new word for it. I don’t know what the right word is.”
The more appropriate term he’s looking for is probably corporatism or crony capitalism. But the thing is: he’s not wrong calling it fascism, particularly as differentiated from socialism. As I’ve previously noted: “Crony capitalism (aka ‘state capitalism’ or ‘corporatism’)… is the economic framework of fascism. Free market capitalism, on the other hand, is the economic framework of liberty.”