It looks like Mommy Warbucks needs another war. US politicians need to can the faux moral outrage they are exploiting in order to drum up the Next Big Profitable War. What do they expect in return? This is what used to be called a Nomenklatura appointment in the old Eastern Bloc, but personally I think academic and author Joel Kotkin nails it on the head quite brilliantly with the term New Clerisy.
World Leaders (And Paul Krugman) Agree With Dick Cheney, Deficits Don’t Matter
Crony capitalism — Wikipedia Republished // WIKI 2
Stephen Bannon, chief strategist for Donald Trump, has done well for himself by posing as an anti-establishment wrecking ball. Bannon is open about his ambition and relishes the role of provocateur. Darth Vader. Bannon and Trump were introduced in by an activist who collaborated with Bannon on some of his films. Bannon cultivated the relationship over the years, sensing in Trump a potential ally in galvanizing a revolutionary, right-wing populist revolt. Racist ideas.
Cheney, Halliburton and the Spoils of War
Concepts [show] Economic systems [show] Economic theories [show] Origins [show] Development [hide] AdvancedConsumerCorporateCronyFinanceGlobalLateMarxistMerchantRentierState monopolyTechno People [show] Related topics [show] Ideologies [show] Capitalism portal Economics portal Philosophy portal Politics portal vte Crony capitalism is an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism. In this context, the term is often used interchangeably with corporate welfare; to the extent that there is a difference, it may be the extent to which a government action can be said to benefit individuals rather than entire industries.
Big Oil spent millions of dollars to sweep— and keep —George W. Bush and Dick Cheney in the White House. The use of hydraulic fracturing has opened up vast new reserves of domestic natural gas from Texas to Wyoming to Pennsylvania, but serious environmental concerns about the process have been raised following numerous cases of groundwater contamination after nearby drilling. The exemption has placed the burden to rein in drillers largely on state regulators that are often unable or simply unwilling to police the thousands of wells that have been drilled in recent years. Cheney not only offered permanent regulatory relief and rolled back existing environmental laws to help the oil industry.