crony capitalism

An Actor Walked Away from a Character He Has Played Since Birth

Monday, January 20th, 2020

For those having a hard time understanding the Kardashian 1.0 drama, AKA British Royal Family “divorce”, let me try.  The Royal Family is a business, which owns property.  A long time ago the property started as a simple estate in Normandy.  To defend that estate the Duke had a private army.  When the House next […]

Poverty is no Mystery

Monday, December 10th, 2018

High poverty states/countries all try to tax the poor instead of the wealthy. The wealthy come up with a variety of excuses to avoid their responsibly to society. The results have been the same for the last 4000 years of civilization. The only way to create a middle class society is to remove the burdens […]

Why not Ike?

Wednesday, May 3rd, 2017

Donald reached way back in history to find a strong President who would have kept the Union together. Why Jackson? Why not Ike? Eisenhower sent the 101st Airborne into Little Rock to enforce federal Civil Rights law. He proposed and passed the Interstate Highway System with bipartisan support. Ike supported Social Security and a Minimum […]

How to tell Conservatives are lying about the housing bubble.

Saturday, January 28th, 2012

I modified Mark Zandi’s chartto add what would have happened if conservatives were right about the causes of the housing bubble.  Frannie’s and Freddie’s market share would have gone up, while private firms’ share would have gone down.    Blaming FF is not only dishonest, but it prevents us from stopping future scams.  If conservatives succeed […]

Crony Capitalism and the 1%

Thursday, October 20th, 2011

We can easily see the speck in our neighbor’s eye.  Why can’t we see the 1% in our own?  “Formed with a $10 million endowment from the U.S. Agency for International Development, the Egyptian Center for Economic Studies gathered captains of industry in a small circle — with the president’s son Gamal Mubarak at the […]