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Posts Tagged ‘government regulation’

Crony Capitalists Invent the “SIFI” Shield for Protection from Competitors and Taxpayers

Sunday, May 12th, 2013

Tea Party Conservatives and Occupy Wall Streeters don’t agree on much, but they do agree on one thing — both groups despise crony capitalists and crony capitalism.

Huge corporations, especially banks, insurance companies, and other big financial institutions are nominally born of free-market capitalism where success and growth comes from providing the best services at the lowest prices.  One might think that these huge corporations would therefore favor unfettered competition.  And...

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Chief Justice Roberts, Meet Obamacare

Wednesday, March 27th, 2013

“Our doctors have told us to be prepared for the worst because right now we can hardly find a doctor.”

Liberals on the Supreme Court and in Congress refused to heed this warning as they brazenly imposed President Barack Obama’s Affordable Care Act on the American people. Under a cloud of controversy, Obamacare has now entered its third year.

In its 2012 decision on Obamacare, the U.S. Supreme Court based its ruling on a convoluted interpretation of law. In a 5-4 decision, Chief Justice Joh...

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