Today we saw a small step forward in reform with the signing into law of the STOCK Act. Though many of us feel that the bill was watered down and thus could have been much stronger, this is at least a small step in the right direction. Obviously, there is still a lot more we need to do to combat government corruption (especially in addressing the rampant crony capitalism in our government’s executive branch, which we see so clearly on display i...

Yesterday, another shoe dropped in the chronicles of the Obama administration’s crony capitalism. A start-up electric car company with ties to Al Gore got a $529 million loan guarantee from Obama’s Department of Energy to build luxury electric cars...in Finland! Leaving aside the fact that to date only two of these $97,000 cars have been sold (one of them to a movie star), we might at least hope that this ridiculous exercise in the government pickin...

From Governor Palin's Facebook page:

In my recent speech in Iowa, some eyebrows were raised when I took on our government’s enormous economic problems caused by crony capitalism. As if on cue, just days later President Obama selected someone who exemplifies a major crony capitalism problem to sit next to the First Lady when he delivered his “jobs plan” speech before Congress. He selected General Electric CEO Jeffrey Immelt as his honored guest.

 

Having grown up with g...