The crony capitalist story is an important one, true. But the real story is once again the remarkable ability of the free market to defeat statist mandates.
The free market is great at doing “workarounds” whenever the state and its cronies conspire to limit alternatives.
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It’s amazing what the free market will do if it is left alone to do it.
It’s remarkable how quickly things start to collapse once the rule of law is ignored.
If left alone, the “unconventional” energy sector can solve more problems than most people can even imagine, including me.
Another jobs report. Another slight uptick in the economy. But don’t you dare look behind the headlines!
Notice, please, that all the conversation is about the candidates and not about the Fed. This is classic misdirection of attention by the media.
I don’t think it’s possible to make too much of this: capitalism, real capitalism, is making a revival, first in perception, then in reality. The momentum could carry over to the next two generations at least.
At least 42 Republicans recognize that the only way to eliminate the corruption, waste and crony capitalism in this program is to eliminate the program itself.
This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.