Public/Pirate partnerships

Friday, I noted Michigan’s private marketing bureau rip-off. It just gets worse.

Michigan Senate Bill 97. Emphasis mine:

To give state and local government agencies the power to enter into joint operating arrangements with a particular business for purposes of building a hospital or transportation facilities. The private operator would benefit from tax exemptions and its governmental partner’s power to impose property taxes, borrow, take private property using eminent domain and more. The government agency involved could choose the private sector actor without necessarily having to accept the lowest bid. The projects could be proposals from a private developer.

This is just a corporate version of the SEIU dues scam and is no less reprehensible simply because there’s a different set of government approved thieves. The Granholm Democrats licensed a union to steal Medicaid dollars from taxpayers. The Snyder Republicans are getting ready to legalize similar looting by Blue Cross Blue Shield, the Michigan Infrastructure & Transportation Association, and Matty Maroun (owner of the Ambassador Bridge). Of course, it’s endorsed by the Chamber of Cronyism.

H/T Right Michigan where you can find out who to call to kill this assault on Michigan taxpayers.

Rent Seekers

Bills Make It Easier For Private Marketing Bureaus To Force Dues on Businesses

This regulatory statist, public/pirate partnership should cease. The parallels (rent-seeking and arbitrary, bureaucratic consumer punishment) to Trump’s trade war impulses are educational opportunities for the economically ignorant.

Update 01/13/17:
It occurs to me to ask how this is different from the SEIU dues-skimming travesty?

Art of the Steal

Worth a read: The Art of the (Trade) Deal, according to the Trump administration

A nice exploration of the practical effects of TrumpTrade. The concluding paragraph:

In sum, the art of the trade deal according to the Trump administration teaches us that Americans win when the dollars in our pockets buy less in global markets; when we pay higher prices for the goods and services we use every day; when U.S. producers face higher costs of production than their foreign competitors; and when the taxes we pay buy less infrastructure and national defense.

The author neglected to add to the summary, “…when there are fewer American jobs; and when regulatory capture, financed by political contributions, becomes a standard method of excluding small competitors from markets.”

Econ 001

If you read the brief articles below, you’ll have a better understanding of the obstacles the President elect faces in implementing his economic agenda, and you’ll understand the damage much of that agenda will do.

Reason Magazine:
A Stronger Economy Will Also Destroy Jobs, but It’s Necessary
Luddites need not apply.

The Brookings Institution:
Global economic forces conspire to stymie U.S. manufacturing
Stopping productivity increases will preserve jobs for some and destroy jobs for many others. All of them will be poorer.

The Foundation for Economic Education:
Taxing Global Trade Is Not Deregulation
The Regulatory State is where you find it.

I heard some guy named Sexton (guest hosting for Rush) making excuses for cronyism and protectionism on Tuesday. Hannity, too (while flipping stations).

The corruption of conservatism is well underway. These guys only ever paid lip service to the idea of small government. They’re just fine with Statism if the “right people” are in charge.

Cafe Hayek:
Trump’s Ignorance Is Matched Only by His Thuggishness
Remember when Obama screwed GM bondholders and fired the CEO? Donald Trump probably liked that. Conservatives didn’t.

Now, apparently, we’re supposed to cheer the big bully in the pulpit.