Posts Tagged ‘rent seeking’

Crony Capitalism and Phony Energy


Thursday February 16th, 2012   •   Posted by Emily Skarbek at 6:52am PDT   •   0 Comments

A revolving door between green energy firms and the Department of Energy is a prime example of crony capitalism in full swing. As the Washington Post reports, rent-seeking businessmen like Sanjay Wagel are going where the money is. Following an enduring Washington tradition, Wagle shifted from the private sector, where his firm hoped to…
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Crony Capitalism XL


Tuesday January 24th, 2012   •   Posted by Emily Skarbek at 3:40pm PDT   •   2 Comments

Crony capitalism is the theme of tonight’s “State of the Union” address. Warren Buffet’s longtime secretary, Debbie Bosanek will be seated next to Michelle Obama at tonight’s speech. Bosanek has recently become the White House’s new symbol for higher taxes and what the administration terms “economic fairness”. But fairness couldn’t be farther from the…
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The Government Union Stronghold on California


Monday March 7th, 2011   •   Posted by Emily Skarbek at 2:26pm PDT   •   5 Comments

San Jose City Councilman Pete Constant wants to answer his office phone but the City Hall employees’ union says he should not be allowed to do so. The union has taken the Councilman to court, attempting to force him to hire someone else to be his administrative assistant and answer phones for $70,000 a…
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