Crony capitalism is a stepping-stone to socialism. The term is used to describe the unholy, anti-citizen alliances between corporations and big government. These kinds of companies generally engage in massive lobbying efforts (read: backscratching) to coerce government into various taxpayer-funded schemes:
• by paying them directly through government purchases...
• by carving out market segments for them through regulation...
• and otherwise increasing profit margins by suppressing the free market.
With this as our context, let's examine The American Spectator's article entitled "What Do Nike, Best Buy, Levi Strauss and Target Have in Common?".
They all support EPA efforts to regulate greenhouse gases, even though that circumvents the citizens' right to have their elected representatives make U.S. laws. More on the Obama Administration overreach and his crony corporatists support at the National Legal and Policy Center blog today.
Heading over to the NLPC, we can discover the sordid details.
Earlier this month corporate climateers including Nike and 3M were given awards -- supposedly "the equivalent of an Oscar for the climate change mitigation world" -- for their efforts to reduce their carbon emissions... Nike also co-signed a letter to President Obama that called for U.S. leadership in an initiative to create and finance the Global Climate Fund, which was established at the UN climate talks in Cancun in early December.
Other members of [this group include] Levi Strauss & Co., Starbucks, Timberland, Best Buy, Ben & Jerry's, eBay, Gap Inc., The North Face, and Target Corporation. Mark them down as corporations who favor the circumvention of the peoples' right to have their elected representatives make U.S. laws.
Carbon dioxide is plant food. It can no more be a pollutant than water vapor or oxygen. The
The reality is quite different. Trying to control carbon dioxide is a money-making scam and it has been since the original IPCC reports that were issued by folks poised to make millions through inherent conflicts-of-interest.
Companies that feed this government-run monstrosity should be treated as the anti-free market pariahs they are.
Image: Fox News.
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