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Donald Trump, Crony Capitalist
Pajamas Media ^ | 09/15/2015 | Rick Moran

Posted on 09/15/2015 10:11:29 AM PDT by SeekAndFind

In Jim Geraghty’s “Morning Jolt” email, he talks about the praise bestowed on Donald Trump by Rush Limbaugh:

Rush read aloud a good portion of last week’s article, “The Words Donald Trump Doesn’t Use,” and concluded . . .

I must say, as the Mr. Big of the vast right-wing conspiracy, the headline, the words Trump doesn’t use, in my humble — and I do have humility — opinion, misses the point about Trump. I will admit, Trump doesn’t talk about liberty. But he sure as hell practices it, doesn’t he? I mean, there doesn’t seem to be any limits or boundaries out there. He’s not constrained by political correctness. He has escaped the surly bonds of that. That’s liberty and freedom. He’s not constrained by onerous local, state, federal laws. He’s made billions of dollars despite them. He’s made millions of dollars with a reality TV show, which is the belly of the pop-culture beast. I mean, he’s swimming around in the bowels of it in there, folks, doing a reality TV show. I mean, that’s like living with Jerry Springer.

He doesn’t avoid the media. He goes wherever they throw a camera or microphone in his face. Rolling Stone, he’ll go anywhere. He engages when some would suggest that he head for the bunker. I think to his supporters — and I’m not trying to be contentious here — I think to his supporters, Trump embodies. I think people wish they had the courage and the guts or whatever to be as free as Trump is. Free to speak his mind. Free to do what he thinks. This is before people start judging it.

Limbaugh repeats the carefully crafted narrative about Trump — the fearless buccaneer tycoon, who through brains, skill, and sheer chutzpah has amassed a fortune that few can match.

In the immortal words of Defense Secretary Albert Nimzicki from the film Independence Day, “That’s not entirely accurate.”

In essence, Trump represents everything that’s wrong with capitalism today. He did not beat the market by means of his superior negotiating skills, or any gifted insights into business opportunities, although like all successful people, he lucked out on occasion.

He got rich by gaming the system, using government as club at times to destroy the competition, or remove obstacles to his goal. He is, like most of the rich today, a crony capitalist who uses rigged rules to play a game ordinary Americans aren’t even invited to.

Geraghty offers a few examples:

“He’s not constrained by onerous local, state, federal laws. He’s made billions of dollars despite them.” Some might say he made billions because of them. Trump tried to seize private property through eminent domain, working with the government to claim other people’s homes. As Ilya Somin put it:

Trump did not merely claim that the Kelo vs. New London decision was legally correct; he argued that it was “good” to give government the power to forcibly displace homeowners and small businesses and transfer their property to influential developers on the theory that doing so might promote “economic development.”

Trump lobbied hard to restrict the opening of new casinos in New York State, which would have competed with his Atlantic City casinos. Some would argue that’s using “onerous local, state, federal laws” to impede other people from opening up their own businesses.

Trump Tower is enjoying $163 million abatement on commercial property taxes, a deal that began in 2004 and ends in 2016. Some of his development projects thrived from earmarks from New York members of Congress. He received federal loan guarantees to underwrite what were planned as luxury apartments.

Does Trump’s record in the world of business count as “practicing liberty”? Or is it closer to what you and I would call “crony capitalism”?

Trump should not be singled out for using government to bend the rules in his favor. It’s how amassing wealth is accomplished these days. Very few entrepreneurs earn success based solely on their insights into providing a product or service that is better and at a cheaper cost than the other guy.

Instead, Trump has legions of lobbyists plying their trade in Washington and state capitols, giving him an advantage unknown to others.

Of course, these charges are nothing new. They’ve been part of the anti-Trump mantra since he announced he was running.  The fact that it has had no bearing on his popularity and support shows how irrelevant the truth is when placed against the myth of Trump. People don’t believe because they don’t want to believe. It doesn’t help that the sources from which this damning information is coming have lost much of their credibility.

If Trump was upfront about how he really got rich, it wouldn’t matter. Instead, he has created a brand where he portrays himself as a swashbuckling king of the free market, his brilliance and daring the reason for his immense wealth. In truth, Trump has no more idea about how to ease the way for entrepreneurs and other small business people than the socialist Bernie Sanders.

And at least Sanders has the honesty not to pretend otherwise.



TOPICS: Constitution/Conservatism; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 2016trump; carolshilby; cronycapitalist; donaldtrump; trump
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To: DoughtyOne

Well said.


21 posted on 09/15/2015 10:24:48 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: SeekAndFind

Don’t forget to pat yourself on the back when the dummycrats win, because that’s what you’re working towards.


22 posted on 09/15/2015 10:24:50 AM PDT by dware (Trump/Cruz 2016, or get ready for 8 more dummycrat years)
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To: DoughtyOne

RE: Gosh that Trump is a bastard. All those legal things he did! Screw him!

Here’s my question — he used the system and it worked for him.

Does he PERSONALLY APPROVE OF IT? Or will he work hard to change the system?


23 posted on 09/15/2015 10:25:46 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: SeekAndFind
And that’s OK for conservatives to vote for him?

Why don't you have a problem with conservatives voting for candidates on the other side of the "crony capitalist" equation?

24 posted on 09/15/2015 10:25:53 AM PDT by papertyger (Ei incumbit probatio qui dicit, non qui neat. / Proof lies on him who asserts, not on him who denies)
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To: dware

RE: Don’t forget to pat yourself on the back when the dummycrats win, because that’s what you’re working towards.

And Trump is the only man who can win? Why is that?
We have 15 others on the campaign.


25 posted on 09/15/2015 10:26:50 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: papertyger

RE: Why don’t you have a problem with conservatives voting for candidates on the other side of the “crony capitalist” equation?

Name the ones who are crony capitalists on the other side of the equation and I’ll tell you who is and is not acceptable.


26 posted on 09/15/2015 10:27:40 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: Artcore

RE: Another day of anti-Trump stories. Get a life.

What FR rule tells us that we should only post pro-Trump stories?

Why do I not hear “Another pro-Trump story... YAWWN. Get a life”?


27 posted on 09/15/2015 10:28:42 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: papertyger
Because they have trusted “true conservatives” election after election and have been lied to and ignored. What have they got to lose? With Trump you get no GOPe and if he does nothing that he says he will do, what have they lost? No more taking chances with more conservative like candidates. It is like the boy who cried wolf.
28 posted on 09/15/2015 10:29:23 AM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: SeekAndFind

[ RE: Trump is at least HONEST about being a crony capitalist.

And that’s OK for conservatives to vote for him?

Just as Bernie Sanders is honest as a Socialist, and that’s OK too? ]

No, but it would explain both of their popularity.


29 posted on 09/15/2015 10:29:27 AM PDT by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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To: SeekAndFind
Does he PERSONALLY APPROVE OF IT? Or will he work hard to change the system?

If one is party to a conspiracy, is not the first step in breaking that conspiracy admitting to its existence?

30 posted on 09/15/2015 10:29:29 AM PDT by papertyger (Ei incumbit probatio qui dicit, non qui neat. / Proof lies on him who asserts, not on him who denies)
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To: papertyger

RE: If one is party to a conspiracy, is not the first step in breaking that conspiracy admitting to its existence?

Sure, but it is not enough. I want DISAPPROVAL of its existence and a plan to CHANGE the way it works, and NOT to participate in it.


31 posted on 09/15/2015 10:30:56 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: TornadoAlley3

“Because they have trusted “true conservatives” election after election and have been lied to and ignored. What have they got to lose? With Trump you get no GOPe and if he does nothing that he says he will do, what have they lost? No more taking chances with more conservative like candidates. It is like the boy who cried wolf.”

+1000!!


32 posted on 09/15/2015 10:32:27 AM PDT by Batman11 (The orange, weeping, drunk, squishy oompah-loompah and Yertle McTurd-le gotta go!)
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To: GraceG

RE: No, but it would explain both of their popularity.

Ahhh, yes — Vote for me because I am honest about being a socialist. And vote for me because I am honest about being a crony capitalist.

We might as well have someone say — vote for me because I had sex with that woman, Miss Lewinsky ( and he’d be popular too. At least he isn’t lying ).


33 posted on 09/15/2015 10:32:48 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: SeekAndFind
Name the ones who are crony capitalists on the other side of the equation and I’ll tell you who is and is not acceptable.

Just as soon as you document the ones Trump suborned.

34 posted on 09/15/2015 10:33:47 AM PDT by papertyger (Ei incumbit probatio qui dicit, non qui neat. / Proof lies on him who asserts, not on him who denies)
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To: SeekAndFind
Sure, but it is not enough. I want DISAPPROVAL of its existence and a plan to CHANGE the way it works, and NOT to participate in it.

 

Yeah? Then don't support the Trumpster.

35 posted on 09/15/2015 10:34:07 AM PDT by Responsibility2nd (With Great Freedom comes Great Responsibility)
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To: trisham

Thank you.


36 posted on 09/15/2015 10:34:58 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: SeekAndFind

Nobody said crony capitalism was ‘the way to go’. We have way, way too much of it now. You’re not suggesting Donald Trump said that I hope.

Trump did business based on what it takes to succeed. He doesn’t make the rules. He even donated to various political parties as well. That’s the way it’s done - in NYC anyway.

Nobody likes it. But it’s very difficult, of not impossible, to do any kind of major business there. That’s the way it is.

BTW, trying to compare Sanders to Trump is foolhardy. Apples and oranges doesn’t even describe it.


37 posted on 09/15/2015 10:38:17 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: SeekAndFind

I’ve been watching you.

You don’t appear to show any bias in your posting.

Clearly you are the enemy.......sometimes. LOL


38 posted on 09/15/2015 10:39:48 AM PDT by cripplecreek (Pride goes before destruction, and a haughty spirit before a fall.)
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To: MichaelCorleone

RE: BTW, trying to compare Sanders to Trump is foolhardy.

There are similarities — Their BLUNT TALK and their being unapologetic about what they believe in.


39 posted on 09/15/2015 10:40:05 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: SeekAndFind

[ RE: No, but it would explain both of their popularity.

Ahhh, yes — Vote for me because I am honest about being a socialist. And vote for me because I am honest about being a crony capitalist.

We might as well have someone say — vote for me because I had sex with that woman, Miss Lewinsky ( and he’d be popular too. At least he isn’t lying ). ]

Sadly the masses have become that corrupt.

People are going to vote themselves into a tyranny just as F A Hayek predicted in his seminal work.


40 posted on 09/15/2015 10:41:32 AM PDT by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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