#crony-capitalism

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US politics
fromFuturism
9 hours ago

Economist Warns That Trump's Investments in the Tech Industry Could Crash the Whole Economy

Trump-directed government purchases of Intel and potential investments in quantum firms risk crony capitalism, weaken innovation incentives, and could harm the U.S. economy.
fromwww.mediaite.com
3 days ago

Steve Bannon Accuses Elon Musk of Demanding Tesla Tax Breaks in West Wing Clashes: Treating Working Americans Like Suckers!'

This is the discussion I used to have with Elon all the time. He'd come in the West Wing. He'd want all these guarantees on the button. I said: Dude, you don't understand. You're asking people that make 42,000 bucks a year to essentially get all these tax breaks.' They're financing what the venture capitalist should finance, so therefore, you're gonna own less of Tesla, right? Their returns are gonna take longer and maybe be lower, so they're gonna want even more.
US politics
US politics
fromFortune
1 month ago

Ken Griffin says CEOs lining up to beg Trump for tariff exemptions is 'nauseating'-and that White House showing 'favor' undermines the American story | Fortune

Ken Griffin warned that exempting large firms from tariffs risks crony capitalism, places a regressive burden on lower- and middle-income households, and invites political backlash.
#trump
US politics
fromAdvocate.com
6 months ago

MAGA who? Trump goes on a billionaire's tour of palaces, planes, and payoffs

Trump's Middle East trip symbolizes self-interest over diplomacy, emphasizing his ties with the wealthy instead of addressing domestic issues.
US politics
fromIndependent
6 months ago

Rahm Emanuel: Trump's gaffes are piling up, and Americans will pay a very great price

President Trump has squandered America's global strategic advantages, showcasing a failure in leadership.
US politics
fromAdvocate.com
6 months ago

MAGA who? Trump goes on a billionaire's tour of palaces, planes, and payoffs

Trump's Middle East trip symbolizes self-interest over diplomacy, emphasizing his ties with the wealthy instead of addressing domestic issues.
US politics
fromIndependent
6 months ago

Rahm Emanuel: Trump's gaffes are piling up, and Americans will pay a very great price

President Trump has squandered America's global strategic advantages, showcasing a failure in leadership.
Right-wing politics
fromwww.theguardian.com
7 months ago

We're on a knife edge': Alex Gibney warns about the dangers of dark money

Dark money has corrupted politics and empowered oligarchs, threatening democracy.
The Citizens United decision opened floodgates for corporate influence in elections.
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