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News Link • Crony Capitalism

Obama’s “No Fly” List for FedEx and UPS

• by Wendy McElroy (Future of Freedom Foundation)
The Obama administration is notorious for crony capitalism, through which big businesses reap huge riches by virtue of their cozy association with government. Big oil, big car companies, big agrobusinesses, big banks, and big drug corporations are among the legally privileged cronies who are profiting at the expense of nonprivileged competitors and of customers who pay higher prices.

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