by Henry Oliner | May 18, 2014 | Politics
“The Department of Commerce gave One Economy Corporation over $28 million to increase fast internet service in areas without it. One Economy then directed $1.5 million to a film production company owned by actor/director, Robert Townsend, and $230,000 was used to...
by Henry Oliner | May 11, 2014 | Economics, Politics
“The federal government has no fewer than 160 housing programs in all; each of them contributed in some measure to blowing up the bubble.” “Official government propaganda touted home ownership as the American dream. No one paid attention to studies showing that...
by Henry Oliner | May 1, 2014 | Politics
“But what was really striking about the bill that passed late at night in both houses of Congress was not the treatment of the Bush tax cuts. It was the inclusion, in the bill, of a whole raft of special tax favors for industry. Goldman Sachs, General Electric, and...
by Henry Oliner | Apr 20, 2014 | Politics
“The more complicated and vague legislation is created, the more powerful special interests will be interested in having “friends” in government. When the Constitution was first ratified, there were only three federal crimes: treason, counterfeiting, and piracy. Today...
by Henry Oliner | Mar 16, 2014 | Politics
“Such access to government leaders in a crony capitalist economy is worth a lot. How much? Here is one measure. When word of Timothy Geithner’s selection to be President Obama’s treasury secretary leaked, the stocks of companies considered close to him immediately...
