Crony Capitalism

You've Been Drinking Wrong All Along PODCAST

It’s a beautiful day in spring. The sky is radiant and wonderful blue. Birds singing, trees starting to bloom, grass an impossible shade of vibrant green. A cool and welcoming breeze licks your bare skin, your cheeks, and playfully ruffles your hair like a lover. Your work is done, now, so you sit in your favorite outdoor chair and take in the relaxing, comfortable view. Smell the freshness of spring wildflowers.
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Thanks for Overwhelming Book Launch!

Just a quick note because I’ve been on the road all week. Fight to Evolve: The Government’s Secret War on NTX just hit Number 2 in Censorship category on the Amazon Kindle store. (These numbers change a lot, so I’m posting this screenshot to prove it.) [caption id=“attachment_19181” align=“aligncenter” width=“630”] Fight to Evolve by Willam T. Hennessy Number 2 on Amazon Kindle Store for Censorship.[/caption] And it’s #1 on Hot New Releases!
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Breaking: White House Shuffles Export Import Management (parody)

Washington (APP) —In a Rose Garden press conference today, President Barack Obama introduced Art Vandelay as his choice to head the troubled Export Import Bank for a five-year term, pending approval by the Senate. The shake-up comes as Congress debates whether or not to extend the bank’s authorization amid heavy opposition from conservative and libertarian groups led by Heritage Action for America. Mr. Vandelay brings almost 30 years of experience in the export-import business, where he traded in commodities as varied as potato chips, diapers, and matches.
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Come to Export Import Speaking and Gathering This Saturday at Paddy O's

With Opportunity for All; With Favoritism Toward None Join Us Paddy O’s–618 S. 7th Street, St. Louis, MO 4:15 PM Saturday, May 30 RSVP on Facebook They say the Export Import Bank is a tiny agency that creates jobs for small business while producing a profit for the Treasury. And rescues baby rabbits from dangerous predators. And it’s gluten free. Call us skeptics. We saw the news that Goldman Sachs used the Export Import Bank to secure funding for a financially unstable buyer—after paying the Secretary of State’s husband $200,000 for a fifteen-minute speech.
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Why the Export Import Bank Matters Now

Start small–end big. Raise your hand if you know someone who woke one morning and ran a marathon having never so much as walked around the block. No hands? Of course not. A few freaks of nature might be able to go from zero to 26.2 in no time, but most people would hurt themselves trying. And never do it again. When a sane sedentary person decides to run a marathon, he starts by walking.
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The Lazy Person's Cure for Herpes Ex-Im

Every six months. Just when you can you least afford it. It happens. A breakout. It’s Herpes Ex-Im, a cronyism disease that can make the prettiest economic system look sick. Herpes Ex-Im is a virus that attacks your economy’s competitive system, resulting ugly blemishes. Even your lover won’t want to kiss you. But there’s a cure. Left untreated by Congress, Herpes Ex-Im will die.  The free-market system has built-in defenses against crony diseases like Herpes Ex-Im.
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In the US House, Insider Money Buys Leadership Positions

The US House of Representatives is not a meritocracy. And that’s a shame. House “leadership” doesn’t actually have anything to do with leadership. It has everything to do with money. In a story about the fall from power of Nancy Pelosi, Michael Barone describes how the House leadership process evolved from seniority to raw cash. For years, liberal Democrats had decried the seniority system, which automatically made conservative Southerners (and/or senile members) committee chairmen.
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Why Ann Wagner Is Wrong to Attack Heritage Action

Accountability? We don’t need no stinking accountability. No, Ann Wagner didn’t actually say that. But her comments to a 2nd District Republican committee meeting on Tuesday gave at least one attendee the impression that Mrs. Wagner opposes the idea of conservatives holding Congress accountable. Ann Wagner Attacks the Conservative Heritage Action Rep. Ann Wagner accused the conservative Heritage Action for America of “pitting Republican against Republican” and “never attacking Dems” at the Republican meeting.
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Here Are the Ex-Im Facts Ann Wagner and Claire McCaskill Don't Want You to Know

Rep. Ann Wagner’s Heritage Action Score is a disappointing 59. It’s about to drop even lower. Last week, the Republican from Missouri’s 2nd Congressional District came out strongly in support of cronyism by endorsing and vowing to fight for extending the Export-Import Bank. From Wagner’s interview with National Public Radio: “There is some talk about a short-term reauthorization, perhaps six or seven months on Ex-Im,” she said. “I’d like it to be longer than that.
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The Export-Import Bank Story the Post-Dispatch Refused to Print

Since the Post won’t run my reply a recent op-ed about the Ex-Im Bank, I’ll publish it here: Huge multi-national corporations like to preach from the “small business” bible when it comes to the Export-Import bank. Unfortunately, most of the Ex-Im propaganda about how “small business” benefits crumbles under scrutiny. Professor Stanford Levin of Southern Illinois University recently wrote an Op-Ed supporting reauthorization of the Export Import Bank. As the professor states, the Export-Import Bank provides cheap loans to foreign companies and governments with which to buy products sold by mostly large, multi-national companies with headquarters in the United States.
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