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Keyword: cronycapitalist

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  • Hillary Clinton to campaign with McAuliffe in VA

    10/15/2013 6:53:12 AM PDT · by Gopher Broke · 22 replies
    Hillary Clinton will campaign with Virginia gubernatorial candidate Terry McAuliffe (D) this weekend. It will be Clinton's her first public campaign event since she left the Obama administration in February. Clinton will officially endorse McAuliffe at a "Women for Terry" event in Northern Virginia on Saturday afternoon, McAuliffe's campaign announced. This will be the former secretary of State's third event for McAuliffe, after hosting two fundraisers, and her first public campaign stop in years. The Clintons have long been close with McAuliffe. He headed the Democratic National Committee while President Clinton was in office and was a top fundraiser for...
  • John Fredericks on McAuliffe's poor debate performance

    09/26/2013 6:00:19 AM PDT · by Gopher Broke · 12 replies
    From an email
    The Great Debate: McAuliffe’s All Show No Go Performance By John Fredericks If you like music, circus ring ponies and a light show than you were likely enamored by Terry McAuliffe’s gamesmanship performance last night at the nationally televised Virginia gubernatorial debate hosted by the Fairfax Chamber of Commerce in Northern Virginia. McAuliffe’s all show and not much go brusque debate exhibition highlighted his one major vulnerability as this tiresome campaign’s final six weeks ticks down: he’s heavy on pizazz and light on substance. This reality was present all night as the grand presenter used his prime time showcase to...
  • Not lifting U.S. debt ceiling would be ‘dumb’: Buffett

    09/20/2013 11:43:39 AM PDT · by Olog-hai · 28 replies
    Reuters ^ | Fri Sep 20, 2013 6:37am EDT | Luciana Lopez
    Billionaire investor Warren Buffett said that politicians not lifting the U.S. debt ceiling would be “pretty damn dumb” and viewed a prolonged political standoff on the issue as “disturbing.” “The market is not going to fall apart,” Buffett said in an interview aired on CNBC on Friday, because markets will only expect politicians to act irrationally for a certain length of time. …
  • Anybody seen "Blood Money" anti Romney ad

    01/27/2012 10:55:24 AM PST · by Sybeck1 · 11 replies
    http://www.mittsbloodmoney.com/?utm_source=google&utm_medium=cpc&utm_content=leaderboard&utm_campaign=mitts_blood_money Just found this ad. Anyone know what the context is? Damning on Willard
  • Santorum Surge Brings Ethics Questions

    01/04/2012 2:55:31 PM PST · by Fred · 63 replies
    Yahoo News ^ | 010412 | MATTHEW MOSK and BRIAN ROSS
    Rick Santorum's powerful finish in the Iowa caucus is bringing fresh attention to his tenure in Congress, including ethics questions that dogged him about a preferred mortgage he received from a bank run by campaign donors, and federal funds that went to a real estate developer who backed his charity. One of the top donors to Santorum's charity was also the beneficiary of an $8 million Santorum-sponsored federal earmark, according to published reports. Melanie Sloan, a former federal prosecutor who filed an ethics complaint against Santorum in 2006 on behalf of a watchdog group, said her organization's website received a...
  • Rick Perry’s Perry, Iowa Rally-most patriotic event ever, or most patriotic event of all time?

    01/03/2012 1:30:31 AM PST · by Cincinatus' Wife · 84 replies
    Washington Post ^ | January 2, 2012 | Alexandra Petri
    Perry,Iowa — After witnessing the Perry rally in Perry, Iowa, I have a sudden urge to rush out, purchase a firearm, and start rearing eagles. And if it had that effect on me, you know it was potent stuff. The Perry rally at the HotelPattee was far, far nicer than the Santorum rally. Santorum stood on the stairs and addressed a tepid crowd of people without amplification, only four of whom were holding signs, while someone vacuumed in the background. Perry had a country music performer entertaining crowds in a nice room that Santorum seemed unaware was part of the...
  • Get ready for a Perry comeback

    11/28/2011 5:31:01 PM PST · by smoothsailing · 195 replies
    Rightly Concerned ^ | 11-28-2011 | Bryan Fischer
    November 28, 2011 Get ready for a Perry comeback By Bryan Fischer Newt is the current flavor of the month in the GOP race for the presidential nomination, and grabbed a coup in New Hampshire with the endorsement of the Union-Leader. However, Newt has enough baggage with enough rocks in it to drag him below surface again. His amnesty stance on immigration puts him to the left of Perry on that issue, and we now know he took $1.8 million from Fannie Mae and Freddie Mac right when they were dragging the housing industry to the bottom of the sea....
  • The Rick Perry uprising

    11/22/2011 1:13:15 PM PST · by 2ndDivisionVet · 21 replies
    The Hill ^ | November 22, 2011 | Bernie Quigley
    “ … states' rights, states’ rights, states' rights!” — Rick Perry at the Alamo, June 15, 2009 Until you get higher in the hills, Laconia might be considered the vortex of New Hampshire redneck politics, heavy into the Tea Party. The Lakes Region Tea Party is small but might be indicative of how things will go. A straw poll on Nov. 16 gave Newt Gingrich 49 percent while Cain tied with Ron Paul at 15. Romney 12 percent and Rick Perry 0. Similar results in a straw poll at a Republican club in Alabama on Saturday: Newt 45 percent, Cain...
  • Gingrich-Founded Think Tank Collected $55 Million in Past Decade

    11/21/2011 2:11:10 PM PST · by Fred · 49 replies
    wsj ^ | 112111 | Alicia Mundy
    The Center for Health Transformation, founded by Newt Gingrich, released a statement Monday outlining some of the think tank’s activities, its membership fees and the money it has generated. The disclosure from the center, which Mr. Gingrich left earlier this year, comes amid a flurry of inquiries about the former House speaker’s financial ties. A number of news stories last week listed clients such as the American Hospital Association and the Pharmaceutical Research and Manufacturers of America, or PhRMA, the main trade association for pharmaceutical houses. The Washington Post reported that Mr. Gingrich’s center had collected $37 million over the...
  • Giving Newt a Pass

    11/21/2011 11:32:24 AM PST · by Fred · 111 replies · 2+ views
    National Review ^ | 112111 | John Derbyshire
    I can’t understand why Newt Gingrich is getting such a pass on his Freddie Mac consulting. He claims to have been a historian for this outfit? FHLMC needs a historian like the U.S.A. needs a Department of Education, like Europe needs a common currency, like … like … I dunno, like Michelle Obama needs another $12,000 accessory. I sputtered about this on last week’s Radio Derb: Newt’s trying to ju-jitsu the thing, telling us that his experience as a shill for Freddie Mac gave him valuable insider understanding of governmental affairs. Isn’t that what we want in a candidate, valuable...
  • Newt Gingrich was a lobbyist, plain and simple

    11/20/2011 6:56:38 PM PST · by Fred · 122 replies
    Washington Examiner ^ | 112011 | Tim Carney
    When Newt Gingrich says he never lobbied, he's not telling the truth. When he was a paid consultant for the drug-industry's lobby group, Gingrich worked hard to persuade Republican congressmen to vote for the Medicare drug subsidy that the industry favored. To deny Gingrich was a lobbyist requires an Obama-like word parsing over who is and who isn't a lobbyist. Gingrich stated last week on Fox News, "I do no lobbying of any kind. I never have. A very important point to make. I have never done lobbying of any kind." But the facts contradict that claim. First of all,...
  • Perry Ad: "I'm The Outsider Who's Willing To Step On Some Toes" (including Video)

    11/19/2011 5:33:13 PM PST · by Innovative · 26 replies
    Real Clear Politics ^ | Nov 19, 2011 | RCP
    In his latest campaign ad, Texas Gov. Rick Perry calls himself an "outsider." "I want to force Congress to balance the budget, and if they don't, I say we cut their pay in half, send them home. Replacing one Washington insider with another won't change a thing. If you want an outsider who will overhaul Washington, then I'm your guy."
  • Rooted in the Big Empty, Perry sets his sights on the big job

    11/19/2011 10:10:29 AM PST · by Cincinatus' Wife · 28 replies
    Minneapolis Star-Tribune ^ | PAULINE ARRILLAGA
    LAS VEGAS - Rick Perry is sitting comfortably on a plush sofa in a hotel far from the strip that put the sin in "Sin City." It's the day after another presidential debate, and if the flat-screen in front of him were on, he'd hear plenty of appraisals of whether a new fiery approach helped his pursuit of the highest office in the land or hurt him more. Instead, he's talking about his boyhood in Texas, his time in the Air Force and a wiener dog named Lucy. He is, here in suite 6118 of the Red Rock resort, relaxed...
  • Newt Gingrich: Only worked one hour a month giving advice to Freddie Mac

    11/18/2011 8:42:45 PM PST · by Fred · 72 replies
    Wapo ^ | 111811 | Dan Eggen
    Republican presidential candidate Newt Gingrich is stepping up his defense of his lucrative consulting career, in part by arguing that he didn’t do very much to earn all that money. In an interview late Thursday on Fox News, Gingrich said that he only worked about an hour a month giving advice to Freddie Mac, the quasi-public mortage company that paid him up to $1.8 million in fees.
  • Newt Gingrich Hit on Health Care Flip-Flops, Think Tank

    11/18/2011 8:15:13 PM PST · by Fred · 34 replies · 2+ views
    KLPW AM ^ | 111811 | Admin
    AFP/Getty Images(WASHINGTON) -- As Newt Gingrich attempts to shrug off his political baggage, the former House speaker is under new scrutiny for having close ties to health care giants and flip-flopping on his statements on health care. The Center for Health Transformation, which Gingrich founded, raked in millions of dollars from heavy hitters like GE Healthcare and Wellpoint, as first reported by the Washington Post. The group says it does not lobby, but on its website, it touts its ability to build bridges between the federal government and private sector. Among its strengths, the think tank lists its unparalleled “network...
  • Gingrich hints he may release details on Freddie Mac payments today

    11/18/2011 10:59:24 AM PST · by Fred · 26 replies
    CBS ^ | 111811 | Walt Cronkite
    Republican presidential candidate Newt Gingrich said Thursday that he's trying to figure out how much money he made from controversial housing giant Freddie Mac and suggested he may release the information as early as Friday. Gingrich's comments, in an interview with Fox News' Greta Van Susteren, represent the latest shift in his campaign's response to a Bloomberg News story earlier this week that said the former House speaker made as much as $1.6 million from Freddie. Initially, the Gingrich campaign promised to release details about the payment, then appeared to back off that pledge. Freddie Mac and its sister quasi-governmental...
  • GINGRICH FACES MORE SCRUTINY OVER CORPORATE CLIENTS

    11/17/2011 7:56:15 PM PST · by not2worry · 67 replies
    New York Times ^ | November 17, 2011 | Jim Rutenberg
    His campaign has said that he did no lobbying; but his consultancy practice was centered around his ability to help big corporate interests speak the language of Republicans and navigate the corridors of Capitol Hill on issues vital to their businesses.
  • Gingrich embraces Washington "insider" label (Video)

    11/17/2011 9:01:18 AM PST · by MNJohnnie · 33 replies
    During an interview with CBS News Radio, Republican presidential contender Newt Gingrich on Wednesday fended off questions about the hefty sums he received to give advice to mortgage company Freddie Mac.
  • Gingrich made big bucks pushing corporate welfare (BIG PHARMA)

    11/16/2011 6:54:03 PM PST · by Fred · 46 replies
    Washington Examiner ^ | 11/16/11 | Tom Carney
    Newt Gingrich spent the last decade being paid by big business to convince conservatives to support big-government policies that would profit his clients. Gingrich's consulting firm racked up $1.6 million in fees from the government-sponsored enterprise Freddie Mac, we learned this week from Bloomberg News. Gingrich's job was to help Freddie Mac win over conservatives to this market-distorting, bubble-fueling, housing-subsidy entity, which is now officially owned by the federal government. We also know that Growth Energy, an ethanol lobby, paid $312,500 to the Gingrich Group in 2009, according to the group's tax filing. Growth Energy lobbies to preserve many ethanol...
  • Gingrich Said to Be Paid $1.6M by Freddie Mac (RINO Alert)

    11/15/2011 9:06:05 PM PST · by rabscuttle385 · 132 replies
    Bloomberg | 2011-11-15 | Clea Benson & Dawn Kopecki
    Link only, per FR posting rules
  • Gingrich Redux?

    11/15/2011 2:14:39 PM PST · by Fred · 61 replies
    NRO ^ | 111511 | Katrina Trinko
    Newt Gingrich is winning over Republicans. Over the past few months, the former House speaker has charmed primary voters one debate at a time. The once underdog — dismissed as a has-been when he first announced his run and the laughingstock of the race after he accumulated $1 million in debt this summer and was abandoned by almost his entire political team — has compellingly mixed historical insight, warmth toward his fellow GOP candidates, and rancor toward the media into a formula that has propelled him to the top of the polls. But is Gingrich the savior the GOP has...
  • Newt Gingrich is no conservative

    11/14/2011 10:08:40 PM PST · by Fred · 110 replies
    Washington Examiner ^ | 111411 | Gene Healy
    Has it really come to this? Newt Gingrich as the conservative alternative to Mitt Romney? That's what many in the punditocracy have proclaimed as the former speaker of the House has surged recently in the polls. Yet a look at his record reveals that Newt is hardly the "anti-Mitt" -- he's Mitt Romney with more baggage and bolder hand gestures. Every Gingrich profile proclaims that he's a dazzling "ideas man," a "one-man think tank." It seems that, if you clamor long enough about "big ideas," people become convinced you actually have them. But most of Gingrich's policy ideas over the...
  • Gingrich Freddie Mac connection

    11/11/2011 11:09:48 PM PST · by Fred · 19 replies
    The Examiner ^ | 111111 | Kevin Kervick
    Now that Rick Perry and Herman Cain are seeing their stars fade, at least among the pundit class that shapes the popular news, some political observers are speculating that Newt Gingrich could be the next conservative hope for President. In the CNBC Republican Debate on Wednesday evening in MIchigan, Wall Street Journal Editorial writer John Harwood asked Newt Gingrich about his former consultant relationship with the mortgage facilitator Freddie Mac. Conservatives and Libertarians blame the Federal Government for the housing crisis that hit in 2007 and continues today. They believe the Federal Government created the housing bubble by mandating that...
  • Why Perry's Campaign Is Not Quite Dead Yet

    11/10/2011 7:15:11 PM PST · by jodiluvshoes · 111 replies · 1+ views
    FOX NEWS ^ | 11.10.11 | Kevin McCullough
    The five reasons I asserted that Governor Perry would have the best shot at beating Obama were simple ones: He decisively created more jobs than Obama. He greatly respects and tries to encourage small businesses. He has a clear understanding of federalism and what states shouldn't be forced into. He has solid core convictions that replicate most of America. And he could unite the core conservative Democrats, Republicans and Independents across the nation on economic, social and defense policy. All five of those reasons remain -- even now -- solidly relevant and valid. However, he's certainly nowhere near where I...
  • Can Rick Perry Rebound With A Flat Tax? (video interview)

    11/08/2011 12:43:02 AM PST · by Cincinatus' Wife · 76 replies
    Human Events ^ | November 8, 2011 | Erick Erickson
    he Perry campaign wants to reboot, having retooled and refined its message and tried hard to get back on the jobs message. Okay, fine, but first the Perry camp needs to answer a basic question — why should supporters who went all in for him and wound up feeling burned give him a second shot? I asked him about that and it was, perhaps, a good sign that he stayed on the jobs message. The jobs message, though, raises a question about his flat tax — won't it just help the rich? Also, what about President Obama's approach and his...
  • Perry meets with D.C. insiders

    10/22/2011 7:52:49 AM PDT · by Ripliancum · 51 replies
    HOUSTON CHRONICLE ^ | October 21, 2011 | STEWART M. POWELL
    WASHINGTON - Texas Gov. Rick Perry, the self-proclaimed outsider vowing to make federal government "as inconsequential in your life as I can," huddled privately in the nation's capital Friday with the consummate insiders - lobbyists, trade association executives, foreign policy experts and hefty campaign donors, including veterans of past GOP presidential campaigns and administrations. The campaign declined to disclose the governor's schedule...
  • Poll: Perry now down to … three percent in Florida

    10/17/2011 3:03:27 PM PDT · by Rational Thought · 138 replies
    Hot Air ^ | 10/17/2011 | Allahpundit
    Last month, Insider Advantage had him leading Romney in the state 29/20. A month later, “He now barely has a heartbeat.” When I saw Perry’s topline number of three percent, I figured the “Ponzi scheme” talk must have sent Florida’s seniors running screaming into the night. Not so. He’s actually doing (marginally) worse with other age demographics in this poll, and in the last poll he did reasonably well with the 65+ crowd, finishing second to Romney in that group with almost 23 percent. That poll was taken on September 13, which was almost a week after Romney started attacking...
  • Rick Perry to deliver Pittsburgh policy speech

    10/08/2011 12:53:30 PM PDT · by Cincinatus' Wife · 32 replies
    Politico ^ | October 8, 2011 | ALEXANDER BURNS
    Rick Perry will deliver a policy address in Pittsburgh next Friday, his campaign said. Spokesman Mark Miner told POLITICO the speech would “focus on energy and job creation.” He said there would be “more in the coming weeks.” Continue Reading POLITICO’s Reid Epstein, traveling with Perry in Iowa this weekend, reports that the Texas governor told voters he planned to speak soon about what a “president can use to unilaterally deal with the issue of job creation.” “Over the course of the next few days, and certainly weeks and months, we’ll be laying specificity out, but we know what to...
  • Will the Real Crony Capitalist Please Stand Up?

    09/05/2011 12:31:39 PM PDT · by The Bronze Titan · 21 replies
    BigGovernment.com ^ | Sep 5, 2011 | Christopher C. Horner
    Sarah Palin weighed in with a very important point in the policy debate about the role of government. Her Saturday speech, among other things, took a swipe at the country’s dilemma of booming crony capitalism: [T]he permanent political class …[use] taxpayer dollars… to bail out their friends on Wall Street and their corporate cronies, and to reward campaign contributors, and to buy votes via earmarks. There is so much waste. And there is a name for this: It’s called corporate crony capitalism. This is not the capitalism of free men and free markets, of innovation and hard work and ethics,...