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  1. John Cafaro, Trump donor, received the ~$15M no-bid contract to paint the bottom of the Lincoln Memorial Reflecting Pool blue. His company name is 'Green Water Systems.' Krassensteins reporting. 1min #Corruption #CronyCapitalism #PartisanPolitics
    www.youtube.com/shorts/0Js6q...

  2. Businesses should not be running government.
    Government should not be running businesses.

    I think we can all relate to the idea that those two things should be kept as far away from each other as possible, politically speaking.
    #bureaucracy #corporations #corporatocracy #corruption #cronyCapitalism #cronyism #lobbying

  3. Why doesn't this lead to Donald Trump's impeachment already? Has the Overton window widened so much that our sensibilities have become dull to the fact that this obvious slush fund makes every American endlessly taxable? Will someone please go stop the wrecking ball that is currently in motion before it wreaks further havoc? reason.com/2026/05/21/trumps-c
    #DonaldTrump #accountability #corruption #cronyCapitalism #fraud #impeach #IRS #Jan6 #kleptocracy #publicTrust #slushFund #TrumpAdministration #USPol

  4. Are we entering the phase of #Abundance by way of #CronyCapitalism? Contracts given to who you know contrary to the findings of staff who did the vendor evaluations is not the really a good look.

    Especially when "staffers raised concerns about OpenGov’s capabilities, saying its features had “gaps so significant” that it “shouldn’t be considered.” "

    5 takeaways from The Standard’s investigation into Lurie’s permit project | The San Francisco Standard
    sfstandard.com/2026/05/13/san-

  5. We Need to Talk About the National Park Service

    We need to talk about the National Park Service. What it does. What it costs. And what gets lost when an administration decides public goods are soft targets.

    adventureadjacent.com/2026/04/

  6. This isn’t about helping people; it’s about two guys getting rich. The "Silicon Island" scam is controlled by corporate oligarchs like Ruben Cherñajovsky (Newsan) and Nicolas Caputo (Mirgor). They fund political campaigns, and in return, the government gives them total monopolies and zero taxes. They live like kings while Argentines pay the highest tech prices in the world.

    #CronyCapitalism #Argentina #Corruption #Monopoly #Newsan #Mirgor

  7. I've never hated #capitalism as described in my #Economics classes or by its proponents. I hate #CronyCapitalism, #monopolies & #monopsonies & their "oli-" kin ( #oligopoly for example). I want actual #FreeMarket capitalism with strong #rules, enforced equally. I want true #AdamSmith capitalism.

    Why The Rich Hate Capitalism -...

  8. What is the difference between government running a grocery store and government owning a share of a semiconductor company? Why would one of these be a good thing and the other not such a good thing?

    #bigGovernment #cronyCapitalism #economicNationalism #economics #groceryStores #horseshoeTheory #Intel #nationalism #socialism

  9. "Not only are Americans more exposed to the markets than ever before, they are also saving less than they were before Covid-19. Meanwhile, the fact that the normal market cycle has been so stretched out — putting aside the brief V-shaped dip of the pandemic, it has been 15 years since the US and the world had a synchronised recession — means that a downturn would probably have a bigger impact than previous ones.

    What would the political ramifications of all this be? More populism at home, certainly, but also perhaps some fundamental changes to the global financial system. I could imagine, for example, that China and its allies might use such a moment to go to the IMF and negotiate for a move away from the dollar-backed system to something more globally balanced. Certainly, it’s easier to make the argument for such a shift if that system is seen as being politically compromised.

    While crony capitalism may yield short-term gains for some, its long-term costs are high."

    ft.com/content/85fd3200-55b1-4

    #USA #Trump #Economy #Corruption #Kleptocracy #Plutocracy #CronyCapitalism

  10. What if crypto’s wild swings are less about markets and more about politics? Paul Krugman reveals how cryptocurrency, failing as money or hedge, now thrives on crony capitalism tied to Trump’s fortunes. Trump’s sudden trade U-turns seem driven by crypto market crashes linked to his holdings. Discover why crypto’s future hinges on political games, not economics. Read Krugman’s sharp analysis: paulkrugman.substack.com/p/how #PaulKrugman #cryptocurrency #Trump #cronycapitalism #Bitcoin #markets #regulation

  11. The Boundary Waters Litigation is on Hold, Again.

    I’ve been traveling for the past week or so, and haven’t had a chance until this morning to publish these latest filings in Twin Metals v. US. (For background, see this, this, this, and this, among many other posts.)

    As those who have been following the case are aware, in March of 2025, just a month after he was sworn in, Secretary of the Interior Doug Burgum did an about-face and joined the plaintiffs (a foreign mining company with plans to mine nickel and copper on the edge of the Boundary Waters). At the time, the parties requested that this case be put on hold, or held in abeyance. A group of small businesses and non-profits involved in the case as Defendant-Intervenors that I have been calling the Civil Society group did not join the government in that request.

    The motion for abeyance granted (back in July), Burgum and the mining company’s lawyers and lobbyists then had 90 days to find a way around the provisions and protections put in place by the Biden administration. Those 90 days have nearly come and gone. So on October 1 they requested and on October 7 the court granted another 180 days.

    Antofagasta and its lawyers appear to have realized a while ago that they are unlikely to prevail in a court of law, so the company has been seeking delays at the DC Circuit while looking for political answers to its problems. This is a theme I’ve been trying to stress in my posts on this subject (e.g., this one, from 2023).

    90 days was not nearly enough time to do all they had to do. Consider just a couple of highlights (or lowlights) from this past summer. Pete Stauber failed to smuggle a Boundary Waters blowout sale into the budget bill, but Interior managed to revoke the legal opinion that recognized the federal government’s authority to say “no” to the mining company. (That legal work had mostly already been done by solicitor Daniel Jorjani in the first year of the first Trump administration.)

    Now Doug Burgum and the mining company lawyers and lobbyists need to find a way to revive the Chilean conglomerate’s cancelled leases and do something about the preference right lease applications that the previous administration denied. That will ultimately require doing something about the 20-year Rainy River watershed mineral withdrawal, which Secretary of Agriculture Brooke Rollins claims a “review” determined to be unnecessary.

    The federal government is currently shut down and the case in the DC Circuit Court of Appeals is now on hold until April, 2026. For the sake of good housekeeping, here are the court documents.

    1 October 2025 Joint Status ReportDownload 7 October 2025 180 day abeyanceDownload

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    #corruption #cronyCapitalism #cronyism #kleptocracy #oligarchy #pollution #resourceHoarding #Water

  12. “Trump rigs an Argentina bailout to enrich one billionaire. Congress didn’t approve it — just another blatant act of cronyism. Corruption this brazen is terrifying. #TrumpWatch #CronyCapitalism #Corruption” popular.info/p/trumps-arg...

    Trump’s Argentina bailout enri...

  13. Neera Tanden: "Someone needs to explain the rationale for cutting #USAID
    but bailing out Argentina from their own whack policies."
    #ethics #politics #Trump #PlayingFavorites #CronyCapitalism

  14. "Last year, Congress overwhelmingly passed, and President Joe Biden signed, legislation that would require TikTok’s Chinese owner, ByteDance, to either sell or shut down the popular social media site in the United States. Congress took this extraordinary step because of widespread concern that China’s communist regime could use the app to gather data on — and spread propaganda to — 170 million American users.

    This year, the Supreme Court unanimously upheld the ban, which TikTok had challenged on First Amendment grounds. The law was supposed to go into effect on Jan. 19. President-elect Donald Trump had filed an amicus brief asking the high court to grant him flexibility to negotiate a diplomatic solution. The justices refused. That left one loophole in the law: “The President may grant a 1-time extension of not more than 90 days” if there was “in place” a “binding legal agreement” for ByteDance’s divestiture.

    Yet 247 days (and counting) after the deadline to close it, TikTok keeps ticking along despite the lack of a binding agreement. Ignoring the law, Trump has granted four extensions — three more than legally allowed — to keep the app in business.

    This is quite a turnaround for a president who had tried to ban TikTok on national security grounds in 2020, writing in an executive order that the app “threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information” and that it “reportedly censors content that the Chinese Communist Party deems politically sensitive.”"

    washingtonpost.com/opinions/20

    #USA #Trump #TikTok #SocialMedia #China #ByteDance #CronyCapitalism

  15. Export taxes are unconstitutional.

    So trump’s “little deal” for the US gov’t to take a cut of sales of microchips to China is too— unless the administration worms around the Constitution.

    (…maybe by not calling it an export tax… but what would it be, then… and where *exactly* in the US gov’t will the money go? 🤔
    Also— what is to prevent other companies from making ‘deals’ with #trump while ignoring national security?)

    1🧵
    #CronyCapitalism #business #USA #MyThoughts
    —

    pcmag.com/news/nvidia-amd-to-p

  16. "#ElonMusk may have resigned from the Department of Government Efficiency, but few believe he’s stepping away from power. In under a year, #DOGE brought #SiliconValley-style disruption to Washington, consolidating federal data and dismantling oversight. Now, #Musk is expected to channel what he gained into a private #AI venture – with public systems still in reach."

    guest: @MattBinder

    omny.fm/shows/the-take/what-di
    #USpol #SiliconValleyRight #DOGEbags #cronyCapitalism #MoveFastAndLootThings #tech

  17. Corrupt Grifters, Texas Lawmakers, Are Again Pushing to Spend Millions on Kits That Don't Work, to Find Missing Kids.
    #cronycapitalism
    The Waco-based company is led by former NFL player Kenny Hansmire, ProPublica & the Tribune found had a history of failed businesses & financial troubles, including millions of dollars in federal tax liens & a ban from conducting certain finance-related business in Connecticut due to his role in an alleged scheme to defraud investors. propublica.org/article/texas-l

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