Every individual and entity seeking to maximize their private gain by prostituting themselves to the government is, well, prostituting themselves to the government.
The free-money PPP “loan” obtained by a prostitute frequented by Hunter Biden offers a vividly teachable insight into American capitalism: you don’t maximize your private gains by offering a product or service that’s faster, better, cheaper, you maximize your private gains by securing a government-gimme. Hunter’s Hooker Scored $20,000 PPP Loan As Joe Biden Entered White House.
The cornucopia of government-gimmes is vast. There are “loans” which are forgiven, i.e. free money such as the PPP “loans;” government subsidies and tax breaks designed to serve the interests of a single enterprise or cartel; low-interest loans unavailable to tax donkeys; sweetheart contracts where the private cartel/monopoly can overbill the government without consequence; toothless anti-trust agencies allow monopolies to scoop up dozens or even hundreds of potential competitors, and skims/scams funded by government largess: Medicare / Medicaid fraud, the student-loan racket, and so on, in an endless profusion of ways to maximize private gains via investing capital in capitol, i.e. bribing politicians and bureaucrats to use the government’s vast powers to enrich the few at the expense of the many.
Government-funded skims and scams are always covered by a thin veneer of serving the public interest. Skimmers and scammers quickly discern an opportunity to maximize their private gain with a government-gimme as the floodgates of government funding open.
Do you think the $1.6 trillion sinkhole of profiteering and corruption known as “student loans” would exist if the government didn’t enable and enforce the loans? Of course not.
How about the 40% of Medicare/Medicaid that’s bled off by outright fraud, needless meds and procedures and profiteering? All government funded. There is no way a racket could reach trillion-dollar proportions without government taxation, borrowing and enforcement.
Speaking of trillion-dollar rackets, the Federal Reserve’s power to benefit the few at the expense of the many is granted by the federal government. Give me the power over the money and I’ll take the rest in due course, thank you very much.
A prostitute obtaining a government-gimme offers a very keen insight into the core of American capitalism, which is investing capital in capitol: every individual and entity seeking to maximize their private gain by prostituting themselves to the government is, well, prostituting themselves to the government.
That’s a rather inconveniently salacious description of American capitalism. Too bad it’s true.
Recent podcasts/videos:
The Big Problems And Crash Dynamics Of The Spring/Summer 2022 Housing Market Crisis, Simplified (1:08 hr)
My new book is now available at a 10% discount this month: When You Can’t Go On: Burnout, Reckoning and Renewal.
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
My recent books:
Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States (Kindle $9.95, print $24, audiobook) Read Chapter One for free (PDF).
A Hacker’s Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook $17.46) Read the first section for free (PDF).
Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).
Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 Kindle, $10 print, ( audiobook): Read the first section for free (PDF).
The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 Kindle, $8.95 print); read the first chapters for free (PDF)
Money and Work Unchained $6.95 Kindle, $15 print) Read the first section for free
Become a $1/month patron of my work via patreon.com.
NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.
Thank you, Robert S. ($3/month), for your marvelously generous pledge to this site — I am greatly honored by your steadfast support and readership. |
Thank you, Monica C. ($10.80), for your most generous contribution to this site — I am greatly honored by your support and readership. |