Post Tagged with: "cronyism"

May 10, 2013 05:38

Crony Capitalism Protects Wrongdoers, Harms Consumers, Disrupts Markets

Special interests invest in political campaigns as a cost of doing business, and they expect a handsome return on their investments. … politicians are only too happy to accommodate these special interests in exchange for political contributions that help cement and perpetuate their power.

November 7, 2012 08:15

Cronyism Is Destroying the Public’s Trust

When government becomes a means for soliciting and rewarding interest groups, society is headed down the road to cronyism and its regrettable consequences.

November 18, 2011 09:48

King of crony capitalism GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits, gets govt. loans & grants

One of the highest spenders on lobbying is General Electric. Along with its subsidiaries, General Electric spent more than $9.5 million on federal lobbying between April and June 2010.

September 20, 2011 06:59

The Center for American Cronyism—and Saudi Progress?

I’m starting to get the sense that CAP exists to do little else than promote a green agenda on behalf of the undisclosed corporate donors who so generously fund their work with taxpayer money they received from officials at the Department of Energy before they left the administration for jobs at CAP. – Weekly Standard