Brilliant! Thanks, Senator Lee!
Oh brother... Mike Lee is one to talk! He's the favorite puppet of the
cronies who are destroying this country!
"...Today, Washington is dominated by a political strategy that transcends
party lines...".Today?Not from 2001 through 2006?Mike...you don't have to go populist rhetoric about basic economic
fairness and equal opportunity on Utah Republican voters...Utah
Republican voters will vote for you over, and over and over again.Ask Orrin."...Asking my colleagues in Congress to commit to
a... reform agenda that restores equal opportunity to the top of our
society...".Restore equal opportunity to the top of our
society?Only the top?Now that's a Republican
platform that all Republicans can get behind...Perfect.
Ok, Mike. You name one policy, and give it about two paragraphs of explanation.
If you're actually that concerned about 'crony capitalism', you
owe it to your constituents to tell us about what changes you'd make, and
why. And if you're really concerned about the state you represent,
you'll show us how you plan to get the changes you propose passed through a
deeply divided government.Because otherwise, you're just
another legislative blowhard, pontificating about how we need small government
to the media, while you alternate between business as usual when nobody is
looking, and throwing tantrums when the cameras are pointed your way.
I couldn't have said it better myself. There is currently a lot of
criticism of "capitalism", but we haven't had free market
capitalism in the country to any extent for many years. What we have is
"corporatism", government by and for the corporations and of the rest of
us. Whoever buys the most politicians wins. Sad and critical, but true.
Hey, wait a second: according to Wikipedia, "In FY 2013 the Bank sent
Treasury just over $1.0 billion." Seems like the Export-Import Bank is
making the government money, rather than running up the defecit.But
I'm sure you have a well-reasoned, evidence-based analysis of why it's
really doing more harm than good, right?Because a sitting U.S.
Senator would never reduce somplex issues down to sound-bites.
Yes, Senator Lee, but when American capitalism was at the point of collapsing in
2008, to save the system the top (investment banks and insurance companies) had
to be saved first. It's always the top which must be rescued. This is the
problem with capitalism.
Mike Lee writes, "[t]oday, Washington is dominated by a political strategy
that transcends party lines while simultaneously breeding much more pernicious
divisions among the American people."In a few years down the
road when Mike Lee is pursuing his post-senatorial career of working for some
conservative non-think tank, he'll actually list that quote above on his
resume as one of his shining accomplishments. Heaven knows, he can't point
to any meaningful legislation he's ushered in while in office.
The term "crony capitalism" is redundant.
"Uniting against cronyism and restoring equal opportunity for all"I'd like that though I assume there are massive differences on how
to achieve these...
Mike Lee's alleged desire to protect citizens from cronyism is like a
weasel's desire to protect chickens from predators . . . Not all that
sincere.Mike Lee is a Tea Party politician, essentially a Koch
Brothers' employee, and you don't think he will do his best to
implement whatever policies they want? Besides, Crony Capitalism has
been extremely profitable for Utah. And it goes back a long time. Do you think
it was just coincidental that the Golden Spike was driven in Utah? Utah power
brokers have been wheeling and dealing and trading favors with other capitalists
and politicians for well over a hundred years.And what about the
2002 Olympics. The 1.3 billion in federal funds for the 2002 winter Olympics
greatly exceeded the paltry amount given by the Feds to LA for the 1996 Summer
Games. Does the State of Utah really want to see the demise of
Crony Capitalism? I wonder why.
Mike Lee writes"This is America’s crisis of crony
capitalism, in which government twists public policy to unfairly benefit favored
special interests at the expense of everyone else."OK liberals,
what part of that do you disagree with. This is right up the liberal ally.My biggest problem with partisan politics is that the other side is
always bad and there is a need to reject everything they do.I
support Mr Lee in combating Cronyism. I hope he keeps at it and applies his
same logic to campaign finance and lobby efforts as they do exactly what he is
proposing to fight against.Our side (whichever side that is) has
good and bad ideas. So does the other side.Support the ideas that
are in line with your beliefs, wherever you find them. Heck, you
may even realize that the other side isn't so bad after all.
Lee talks the talk, but has never walked the walk. When he starts taking action
against his far right cronies, he might have some credibhility. Right now he
hasn't, and doesn't. He's sound and fury, and we all know what
that signifies.At least Lee's blather is considered ann OpEd,
and not factual news. Why is the DesNews trying to rehabilitate this guy?
Crony capitalism, maybe?
When others get ahead it's because of cronyism; when I get ahead, it's
because of intelligence and hard work.I wonder if Mike Lee would
have gotten clerkships with Judge Benson or then-Judge Alito if his father had
not been the former U.S. Solicitor General. Those competing against him for
those prestigious positions may not have gotten a fair shot. His rise to the
Senate was fueled, in part, by his family name and the connections deriving from
his relationships. It seems odd to hear a son of privilege decrying
the privilege of others. I'm in favor of eliminating cronyism. Let's
began by voting Mike Lee out of the Senate.
Hey Senator, the debt forgiveness you got from the bank regarding your
underwater mortgage on your home in Utah county? That's the essence of
crony capitalism you are railing against. Pot meet kettle.
"American families who work hard and play by the rules ""crisis of crony capitalism""pathology of special-interest
privilege" "American exceptionalism" "Beyond the
Beltway""free enterprise economy ""restoring the
public’s trust"Yikes, this piece of fluff is so riddled
with hackneyed cliches, and tea party talking phrases that it would make my
sophomore English teacher turn over in his grave!
All I can say is -- "Wow!"I can honestly AGREE with Sen
Mike Lee about something.This IS the problem with America.Most Republicans keep insisting it is "Socialism" - but it
isn't.This is the problem.And it's money, and
it's the 1% of the 1%.And it's Citizens United and the
McCutcheon rulings giving the Top individiuals and Corporations unlimited access
and influence on our elected leaders.No politicians is given $100s
of Millions of doallars as a freebie, there is Always strings attached to
that kind of money....ALWAYS.This is how the Gaddiantons
"Managed and Controlled" the Government.Just as it has been
from the beginning, Cain - the Master Mahon, and his great secret. The initiations, oaths, and promises of great wealth and power are know
to these in the Latter-Days.This is how the Secret Combinations of
Gaddianton operate today.But go ahead Repuglicans -- keep hammering
at the Sick, Elderly, and Minorities.The Gaddiantons and their
wealth and power in that Large and Spacious Building, mocking the meek and
humble, serving Mammon, are laughing themselves silly at you right now...
In theory I agree with you, Mike. The only thing is, I am a skeptic until I see
you take on those interests. Will you eschew the big money donors and lobbyists
with whom you associate? Will you come out and condemn cases like Citizens
United and other decisions that have eviscerated campaign finance limitations,
cases which give a disproportionate voice and influence to the mega-rich? Will
you associate yourself with the efforts to your fellow Senator Bernie Sanders
who is a passionate voice for resolving this issue, including the ever widening
income disparity that is threatening the middle class and leading to a return of
the robber baron era? Will you become trust-buster type leader in the mold of
Teddy Roosevelt, or a sycophant of billionaires while you say things to appease
the rest of us? Actions speak louder than words, Mike. By their works ye shall
Senator Lee, You talk a good game, but, when it comes to raising funds who do
you go to? The Snowbird fund raiser tells the tale. Follow the money!
Cronyism, would that be like how Mike Lee got to short sell his home and
magically was given a nice home down the street to rent, by the same person who
just bought his house? Or does it mean something different?
to MarxistI don't disagree. Though, its more like... Casino
capitalism by, for, & of the oligarchs.
to NoodlekaboodleHow about this? Cheney, Halliburton, Iraq?
To those commenting on, or wondering about, Lee defaulting on his mortgage (yes,
that is exactly what a short sale is, just "dressed up" differently)
--When Lee ran for the Senate, he knew that his compensation would
not allow him to service his mortgage. He knew that, by taking lesser
compensation for being a Senator, he would be unable to pay his bills and (at
the least) would be defaulting on his mortgage. Despite that, he went ahead
with his plans. And then he had one of his political cronies bail him out by
buying his house at a vastly reduced price while giving him a place to live just
down the street. And then he had his lender bail him out by forging a humongous
debt when other, more deserving people, are denied relief under circumstances
less onerous for their lender (I wonder what the Bank wanted from lee, to allow
him that amount of relief).Anad after that, he has the unmitigated
gall to complain about crony capitalism and bad financial practices. Hypocracy
At least one historic truth. The reason the golden spike was in Utah was not
Utah cronyism.The Central and Union Rail roads had contracts with the
federal government (Federal cronyism) to obtain land and dollars for every mile
of track they laid. In Promontory you can still see where the two cut grades
rushed past each other for miles. Central got greater amounts of money from the
government for going through the mountains, Union got greater amounts for longer
lines across the plains. Both put in cheap shoddy work to get more land and
money based on miles. Linking in Utah was just where they settled. Had nothing
to do with Utah government or Utah peoples.
Something needs to be made absolutely clear. American capitalism was saved by
the United States government in 2008-2009, using the tools of "crony
capitalism" which Senator Lee herein decries. Since the
American government saved American capitalism, should it not follow that
American capitalism should serve all of the people, but it doesn't.If Senator Lee obeys his crony Koch Bros. masters, it won't.
Senator Lee, wouldn't a good place to start be working to overturn two
recent Supreme Court decisions that allow unlimited money to be poured into
political campaigns by wealthy individuals, corporations, and
I have a feeling that Mike Lee's idea of eliminating crony capitalism
is:DeregulationCut government programsEliminate the Min
WageCut valuable safety netsRedistribute money from the poor and
middle class to the super richWhile increasing the safety nets for
the 1 percent.Why? Follow the free speech errr I mean money folks.
@Hank PymRe: "How about this? Cheney, Halliburton, Iraq"?#1. Halliburton's doing pretty well with Obama in office as well.
It's not just one party like you think.#2. Lee was not in
office when Cheney was in office... so why associate them?#3. If
you're going to blame LEE... for everything his party has ever done...
should we do the same for your side?
Wrong definition. Crony capitalism involves two or more capitalists that work
together to control capital and market share. Such as the banks and mortgage
finance and home construction prior to 2008.
When I hear the misinformation that is out there, including the absolute
ignorance of what Capitalism is and what it isn't, I'm aghast. Is it
any wonder that there are more libertarians than ever,including myself! Chaos
would be much better than Socialism, Communism, and Fascism, all three which
describe in one form of another the people making the above mentioned comments.
I would gladly start all over from scratch as to allow the ignorant Socialist
philosophy to win the day. Chaos is preferable to Socialism. At least in Chaos,
I can still take up my first and second amendment rights; Not so with Socialist
thinkers. There is no such thing as an individual right to speech or bearing
arms under the progressive thinkers commenting here. Chaos is much preferable
to putting power in their hands! Mike Lee must be telling the truth when their
are so many trying to undermine him. 99 more and liberty and freedom returns to
to Open Minded Mormon this morning...Aren't oligarchies great?
to 2 bits 1:24p todayIt was yet another example of crony capitalism
at its finest.
" There is no such thing as an individual right to speech or bearing arms
under the progressive thinkers commenting here."Totally
ludicrous. While you can find someone who may want to stop you from owning a
gun, they are rare and probably not one on this board feels that way.People lose credibility when they talk such nonsense.Ok posters.
Who wants to stop banderson from owning a gun?
@one vote "Wrong definition."Your definition lacks a
critical element. Crony capitalism requires government collusion -- the
government providing an unfair advantage for the so-called capitalist over his
competitors.@marxist "the American government saved American
capitalism"A true capitalist system wouldn't have the
government bailing out all those bad actors. So what exactly was saved?@Furry1993 "Hypocracy abounds!"If theocracy is rule by
deity, and bureaucracy is rule by bureaucrats, is hypocracy rule by hypocrites?
Andrew Carnegie needed no "government collusion" either did the banks
Where was there any proof that Capitalism was collapsing in 2008? And if it
were, what is the downside? Believe me, the bankers(crony capitalists)knew
exactly what they had to do to keep themselves in power! That has nothing to do
with capitalism and everything to do with greed and "crony capitalism"
Re: banderson "Where was there any proof that Capitalism was collapsing in
2008? "Well, for one thing credit had completely dried up.
@one vote "Andrew Carnegie needed no 'government
collusion'...." What do you make of this passage from
Wikipedia?"Besides Carnegie's market manipulation, United
States trade tariffs were also working in favor of the steel industry. Carnegie
spent energy and resources lobbying congress for a continuation of favorable
tariffs from which he earned millions of dollars a year. Carnegie tried to keep
this information concealed, but legal document released in 1900, during
proceeding with the ex-chairman of Carnegie Steel Henry Clay Frick revealed how
favorable the tariffs had been.""...either [sic] did the
banks pre 2008."In years preceding 2007-2008, the Clinton
administration repeatedly bailed out financial companies from error after error,
teaching them to take ever greater risks. The "too big to fail" concept
was cultivated during the Clinton years, long before it bore the fruit of
The financial meltdown happened due to private companies playing Vegas with bank
accounts and housing. Government had to step in to save the economy. Carnegie
manipulated markets when free enterprise was unregulated. Governemtn had to
Marxist: Some people just don't understand free markets. So what if
credit drys up? The very reason that free markets work is that everything is
allowed to run its course, good or bad! Why do so many want to guarantee no
failure, as if that is the goal of life! Where is your trust in anything,
except a bureaucrat and some distant power over your lives! What is the fun and
adventure of that?
@ banderson "Where was there any proof that Capitalism was
collapsing in 2008? And if it were, what is the downside?"Easily
the silliest post I've ever read on this website.Stock market
crashing, credit drying up, banks collapsing, millions of mortgages ruined,
millions of Americans losing their jobs, trillions of dollars in wealth lost...
Do you need more or are we good?If the GOP hopes to discuss these
issues academically and have serious discourse then they need to refrain from
posting ridiculous things like banderson did above. Posts asking for signs of
capitalism collapsing and what the downsides were just demonstrates how truly
low information supporters the GOP has.
Wow, if these comments are any indication Senator Lee will be a open term
Senator, unless the low information voters turn out in record numbers
@The Real Maverick "Do you need more or are we good?"Let's add more. 1) record increases in public debt, 2) an excruciatingly
slow recovery, and 3) an over-abundance of new programs and regulations that
leave Americans less free. Obama has taken a bad situation and made it worse.The crash of 1987 was deeper than the crash of 2008-2009, but Reagan
didn't make the mistakes Obama has made. He didn't try to spend his
way to recovery. He didn't take advantage of panic to introduce new welfare
programs. He fought to reduce regulations rather than increase them. He waited
patiently for his tax cuts to work. He carefully managed the growth of the money
supply. He worked to set free the American economy, and had confidence that it
would pull through. As a result, the recovery was quick.Obama's
recovery? Not so quick. After four years, potential employers still don't
know what Obamacare is going to do to them, and they view the president as
hostile to their interests. They have largely decided to wait out his second
term and do the best they can in the meantime.
[Mike] Lee asked the [Federal Election] commission to approve the creation of a
separate segregated fund within his Constitutional Conservatives Fund that could
receive unlimited contributions from corporations, unions and individuals to be
spent on independent expenditures benefiting other candidates for office. Lee
would have been the first member of Congress to directly control his own super
PAC.Commissioner Donald McGahn, an outspoken conservative opposed to
most campaign finance laws, led the commissioners' response by noting this
request went too far even for him. "Your argument essentially does away with
contribution limits," he said, adding, "It's well beyond what we do
here and well beyond what I do here, which is saying something."-Sen. Mike
Lee's Super PAC Proposal Fails Before The FEC, Huffpost, 5/3/14Lee is the definition of hypocrite. Makes me wonder what donor is pushing him
to be against the Export Import Bank.
It is interesting that people are taking pot-shots are Sen. Lee but providing no
specifics. What "crony-capitalism" has he engaged in? I have worked on
matters opposite Sen. Lee and he was a very skilled and very ethical attorney.
I have no doubt he earned his positions and I voted for him based on what saw.
The tea party movement terrifies politicians on both sides because
they get their power by trading favors. "You contribute to my reelection
campaign and I will make sure that Uncle Sam throws some pork in your
direction." Ask Nancy Pelosi why American Samoa is exempt from minimum wage
laws. Ask why Sen. Hatch voted for the America Invents Act even though it is
bad for small companies (i.e. most Utah companies). Congress routinely votes
for military equipment that the Defense Department does not even want. It all
boils down to who is contributing money to our politicians.So far
Sen. Lee seems to be voting his conscience even though he gets blasted by the
media. Yes, lets cut the size of government and deal a blow to crony-capitalism.
I agree with every word. A Democrat couldn't have said it any better. Hope and change Mike, hope and change. Is there an election coming up?
Tea party scares people because they want to damage the economy.
"It is interesting that people are taking pot-shots are Sen. Lee but
providing no specifics."RBB, obviously you didn't see my
post right above yours talking about the big money Senator Mike Lee likes. How about his skiing get away with lobyists at snowbird? Even with Sen.
Lee putting his hand over the CNN camera we still knew it was him, playing the
lobyists money game. Surely you don't think he has stopped hanging out on
lavish retreats with the big money people, do you? No, Lee likes the big money
influence game as much as the next politician. Money. Money. Money.
But prove me wrong, show me the legislation Sen. Lee is working on
that would get big money influence out of politics. Show me what he is actually
doing that would back any of his words in this op-ed.
Did I miss the part where Sen. Lee describes the legislation he's
introduced to combat this evil?Sen. Lee, I can judge neither the
sincerity of your resolve to combat cronyism or the efficacy of your proposed
fix for the problem until you explain what you propose to do. If the
Import-Export Bank is your sole focus in this regard, color me, at best,
unimpressed and at worst, suspicious. Any objective observer would
conclude that Sen. Lee probably isn't the best flag bearer for an
anti-cronyism initiative. Cronyism is at, or near, the top of the list of
reasons he has his current position. One has to wonder whether he's so out
of touch that he thinks he's a self-made man or understands why he's
where he's at and just wants to close the door behind him.
What? How dare a Tea Party guy speak for equality? That is for liberals only to
talk about. It is our campaign slogan. Everyone else has to run on
inequality, because liberal democrats have the copyright on equality. So Mike, either run as a democrat, or you can't be for equality.
I miss Bob Bennett.