Showing posts with label crony capitalism. Show all posts
Showing posts with label crony capitalism. Show all posts

Wednesday, April 25, 2018

This summer I hear the drumming

The best observer of the current moment continues to be Victor Davis Hanson. And what he's observing is, well, frightening:
Each cycle of hysteria demands another, as the race to the bottom has descended into which celebrity or politician can discover the most provocative — or crude — Trump expletive. “S***” and “f***” are now the ordinary vocabulary of angry Democratic politicos and officeholders. Are we reaching a point in the so-far-failed Resistance where little is left except abject violence in the manner of the Roman or French Revolution? The problem for Trump’s pop-culture foes is not whether to imagine or advocate killing the president. That’s a given. They just need to agree on the means of doing so: decapitation (Kathy Griffin), incineration (David Crosby), stabbing (the Shakespeare in the Park troupe), shooting (Snoop Dogg), explosives (Madonna), old-fashioned, Lincoln-style assassination (Johnny Depp), death by elevator (Kamala Harris), hanging (a CSU professor), or simple generic assassination (a Missouri state legislator).
There's more:
After the prior era of hysteria, between 2005 and 2008, when books and docudramas staged the imagined assassination of George W. Bush, and celebrities like Michael Moore and activists such as Cindy Sheehan reduced Bush to the status of a war criminal, the Left in 2009 demanded a return to normal political discourse and comportment, with the election of Barack Obama. A newly contrite and apologetic America was abruptly worth believing in again. In 2009, the CIA and FBI suddenly were reinvented as hallowed agents of change.
And there's more, with the next two words being the crucial ones:
Bush careerists, including Clapper and Brennan, were now damning the very counterterrorism practices that they once helped put in place, while offering Obama-like politically correct sermons on the benign nature of Islamism. Surveillance and jailing were appropriate punishments for suspected Obama apostates (ask James Rosen or Nkoula Basseley Nakoula). The IRS was weaponized for use against Obama’s ideological opponents. Suggestions that the president was unfit or worse became near treasonous. Unity was the new patriotism. The assumption was that Obama had ushered in a half-century of progressive norms, not that he so alienated the country that he birthed Donald Trump.
Trump won because he wasn't part of the cabal. But in order for Trump to have any chance of curing the fever, we need to see something Hanson despairs we'll see:
We are entering revolutionary times. The law is no longer equally applied. The media are the ministry of truth. The Democratic party is a revolutionary force. And it is all getting scary.
It is. I sense a long hot summer ahead. And, of course, hit the link.

Tuesday, August 08, 2017

The Crony

It's good to be Elon Musk:
A study published two years ago by The Los Angeles Times revealed that just three of Musk’s ventures – SolarCity Corp. (which manufactured and installed solar energy systems before its 2016 merger with Tesla Motors Inc.), Tesla Motors Inc. (which manufactures electric vehicles), and Space Exploration Technologies Corp., known as SpaceX (which builds rocket ships) – had received $4.9 billion in government subsidies to that point in time. By now, Musk’s various ventures have sucked well over $5 billion from government coffers.
So do you want your tax dollars used to subsidize this guy? Or do you want the federal government to subsidize the purchase of an electric car by providing a $7500 rebate? Set aside the relative merits of electric cars, especially since a lot of electricity comes from fossil fuels, especially coal. Does it seem smart to subsidize the enterprises of one guy with that much money?