crony capitalism

Catfish cronyism in Congress

This letter to the editor originally appeared in the Washington Post. It is in response to an earlier article about two catfish inspection offices in the federal government. The June 14 Food article “Has Congress given blue catfish a free pass?” reminded us that when money is the bait, Washington cannot help but go on a fishing expedition in search of

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Why does the US have two different catfish inspection offices? Follow the money.

Say “catfish” in a seafood restaurant and you’ll be sure to get a nice plate of filling protein. But say “catfish” in Washington and you’re more likely to tick someone off. That’s because here, catfish are embroiled in a political mess, and the only way to understand the controversy is to follow the money. The catfish situation is an unbelievably

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Happening Now: Hearing on Gambling Bills and Crony Capitalism

The House Committee on Oversight and Government Reform, chaired by Rep. Jason Chaffetz (R-UT), is  holding a hearing right now on the “Restore America’s Wire Act,” a bill that would ban states from legalizing online gambling. As Andrew Langer, president of the Institute for Liberty, a conservative policy advocacy group, opines in the Washington Examiner, there are a number of red

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Not So Sweet: How The Sugar Industry Buys Policy, and What We Can Do About It

Harvard Professor and Issue One Advisory Board Member Malcolm Salter has an excellent op-ed in Forbes detailing how the sugar industry uses campaign contributions and lobbying to artificially inflate the price of sugar and maintain billion dollar subsidies. The sugar industry, which Republican presidential candidates Ted Cruz and Jeb Bush have held up as a prime example of crony capitalism,

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Solutions to the insidious problem of crony capitalism

The Center for Economic Development (CED) released a report last week detailing the price we all pay when the campaign finance system is rigged to allow corporations and and special interests outsize influence over policy. “Crony Capitalism: Unhealthy Relations Between Business and Government” discusses three trends which have combined to distort our economic system: the growth of government, rising campaign

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