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#cronyism — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #cronyism, aggregated by home.social.

  1. @RHW @treleanor
    The dreadful #cronyism of political appointees to senior public service roles (SES to Secretary) is a thin wedge killing our democratic institutions. We’ve been slipping to the right wing of politics for decades and the electorate has done sweet FA about it… is it too late?

    #Antifa #AntiOligarchy #AntiPatriarchy #AusPol

  2. @RHW @treleanor
    The dreadful #cronyism of political appointees to senior public service roles (SES to Secretary) is a thin wedge killing our democratic institutions. We’ve been slipping to the right wing of politics for decades and the electorate has done sweet FA about it… is it too late?

    #Antifa #AntiOligarchy #AntiPatriarchy #AusPol

  3. @RHW @treleanor
    The dreadful #cronyism of political appointees to senior public service roles (SES to Secretary) is a thin wedge killing our democratic institutions. We’ve been slipping to the right wing of politics for decades and the electorate has done sweet FA about it… is it too late?

    #Antifa #AntiOligarchy #AntiPatriarchy #AusPol

  4. @RHW @treleanor
    The dreadful #cronyism of political appointees to senior public service roles (SES to Secretary) is a thin wedge killing our democratic institutions. We’ve been slipping to the right wing of politics for decades and the electorate has done sweet FA about it… is it too late?

    #Antifa #AntiOligarchy #AntiPatriarchy #AusPol

  5. @RHW @treleanor
    The dreadful #cronyism of political appointees to senior public service roles (SES to Secretary) is a thin wedge killing our democratic institutions. We’ve been slipping to the right wing of politics for decades and the electorate has done sweet FA about it… is it too late?

    #Antifa #AntiOligarchy #AntiPatriarchy #AusPol

  6. Good grief, what a clusterf*^%

    “The ICAC inquiry has heard former UOW governance chief Alyssa White celebrated recruiting former colleagues because the university was "broke" before later agreeing recruitment processes were compromised.
    Ms White accepted multiple candidates received advantages and agreed she had repeatedly breached university policies and conflicts of interest requirements.”

    Read more
    abc.net.au/news/2026-07-09/whi

    #UoW #UniversityCouncilWoes #TertiaryEducation #Cronyism #Managerialism #UniversityMarkets #NeoLiberalism

  7. Where lawful corporate governance ends and the personalist regime begins

    I embarrassed myself when, back in January, I asked whether wind energy investors had standing to sue the Trump administration over a presidential memorandum pausing all federal approvals for wind power development. I was suffering at the time from the delusion — common to most writers, I suppose — that readers would respond or at least consider the point. Instead, crickets. I guess it was what the experts would call a dumb question, which wouldn’t be the first one I’ve asked and won’t be the last, or it just wasn’t the sort of thing that grabs people’s attention nowadays. (I would never claim to have my finger on the popular pulse.) In any case, it was a failed bid.

    I was, however, on to something. I just didn’t know what, but now I think I have a slightly better idea. It’s not only that Trump’s Quixotic madness about windmills has been on full display ever since; “adverse market development in the US,” as an Ørsted executive euphemistically puts it, has interrupted big projects like Empire Wind and sent wind energy stocks plummeting. It’s also that Trump continues to assert his (unlawful) prerogative to control and extort companies, whole industries, and markets.

    Acting arbitrarily, corruptly (witness the Paramount or Tim Cook bribes), and with undisguised prejudice, Trump is trying to replace the invisible hand that we were supposed to believe was at work in the free market with his own bruised, rotting Chaos Monkey paw.

    He has reserved for his regime a “golden share” as a condition for approving deals (auguring “a ‘meaningful shift’ in America’s approach to capital markets,” as a writer in the FT delicately puts it), spooked investors by calling unflattering economic data rigged, imposed import and export taxes with unfair exemptions for cronies and flatterers, arrogated to himself powers reserved for boards (witness the call, last week, for the CEO of Intel to step down), and repeatedly offended shareholder rights and prerogatives.

    L’actionnaire c’est moi, or something like that, and though boards have gotten very good at ignoring ordinary investors, they are hardly known for standing up to this kind of political pressure. As for CEOs, they have shown that they are all too ready to capitulate and collude.

    This non-stop chaos, oafish meddling, and strong-arm interference may at times look clownish, but it will have serious consequences. Sure, it creates “uncertainty” (the rhetorical fig leaf the business press uses when the Chaos Monkey exposes himself), and of course it will lead to misallocation of capital. But that’s hardly the main trouble.

    It marks the spot where lawful corporate governance (such as we knew it) ends and the personalist regime begins.

    Greg Ip, with whom I usually disagree, appears to make a fair point when he calls this “State Capitalism with American Characteristics,” but I would prefer State Capitalism with Coherent Industrial Policy to to what we actually have, and Ip’s label doesn’t quite capture the personalist element: L’etat c’est moi donc l’actionnaire c’est moi, or something like that.

    Let’s just say that it looks like we are heading for — or perhaps we are already in the throes of — a full-blown governance crisis. It may already be too late to push back, but it sure would be nice to see boards and big institutional investors try.

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    #AAPL #DNNGY #INTC #PARA #autocracy #capitalMarkets #corpgov #corporateGovernance #corruption #cronyism #freeMarkets #kakistocracy #kleptocracy #liberty #personalism #personalistRegime #ruleOfLaw #shareholderRights

  8. No-Bid #ICE Contract Went to Former ICE Agents Being Sued for Fabricating Criminal Evidence on the Job

    The $73 million deal for assisting with deportations went to a company whose executives are accused of retaliating against a fellow ICE worker.

    Sam Biddle, April 17 2025

    "U.S. Immigration and Customs Enforcement just signed a contract worth $73 million with a firm whose executives are accused of taking part in a scheme to manufacture evidence against a co-worker during their time working at the Department of Homeland Security.

    "According to a contract document reviewed by The Intercept, federal contractor #UniversalStrategicAdvisors will provide services pertaining to #ICE’s 'non-detained docket,' a master list of millions of #noncitizens believed to be removable from the United States but not yet in the agency’s custody.

    "The contract cites President Donald #Trump’s declaration of a #NationalEmergency on the #USMexicoBorder, an overwhelming glut of potential #deportees, and a shortage of officers to process them all as justification for hiring a private vendor to assist with the collection of biometric data, coordinating removals, and monitoring #immigrant populations.

    "The document says that with a fleet of new outsourced employees, ICE can reassign hundreds of officers to tasks that better align with Trump’s recent executive orders aimed at maximizing the agency’s detention and deportation operations. With the contractors onboard, the document says at least 675 ICE officers 'will be able to take all appropriate actions to comply with the EO’s by prioritizing conducting at-large arrests, removals, and detention related activities.'

    "A former ICE official, who spoke to The Intercept on the condition of anonymity, said they were concerned by this plan to further privatize the agency’s operations at the same time as the Trump administration has dramatically slashed its workforce and gutted important oversight bodies like the Office for #CivilRights and #CivilLiberties, as well as the Office of the Immigration Detention Ombudsman. 'I certainly take issue with them firing career feds and demolishing whole offices, just to hire contractors to do the same work, many of them who are former ICE employees now retired,' the official said."

    Read more:
    theintercept.com/2025/04/17/ic

    Archived version:
    archive.ph/DjRAG

    #WorkerRetaliation #ICEDetention #Deportations #HumanRightsAbuses #USPol #WorldPol #Corporatocracy #CorporateFascism #Fascism #Authoritarianism #Cronyism

  9. What tipped up onto this '#plane of thought' re the #bankingIndustry, is a recent article outlining how #bankers were #lobbying for #COVID restrictions to be eased.

    Apparently for a banker to do their "#job", they need to wine and dine with #policymakers and #politicalLeaders.

    Like, what the actual bleep.

    #cronyism #corruption #jeffreyEpsteinism #meritocracyLost

  10. What tipped up onto this '#plane of thought' re the #bankingIndustry, is a recent article outlining how #bankers were #lobbying for #COVID restrictions to be eased.

    Apparently for a banker to do their "#job", they need to wine and dine with #policymakers and #politicalLeaders.

    Like, what they actual bleep.

    #cronyism #corruption #jeffreyEpsteinism #meritocracyLost