In response to:

Googling Cronyism

Emmet Wrote: Jan 12, 2013 9:32 PM
We must draw the line here. I agree that farm subsidies (or all subsidies in general) is one form of redistribution of wealth. And when Congress gave 17 billion to airline companies (as you mentioned), then yes, that is redistribution of wealth. But not, repeat, not, when companies gave that money to their CEO. Redistribution of wealth is restricted on action between the government and the governed. When companies gave billions of its money to their CEO, it's not redistribution of wealth. It's maybe a stupid action, or maybe an insidious one, but that depended on their shareholder to decide. Once money left government hands, it's (supposedly) out of government control, except when there was a specific contract which said otherwise.

An impartial rule of law is one of the pillars of a free society, so the curious resolution of the Federal Trade Commission (FTC) probe into alleged anti-competitive practice by Google should be cause for concern even for those of us who are skeptical of antitrust law.

The FTC investigated Google for nearly two years and concluded that it had engaged in abusive practices. The result? A letter from Google saying they won't do it again. No lawsuit. No binding consent decree. This from an administration that is otherwise extremely hostile to business, hyper-regulatory, and extremely aggressive in...