Vector Money Management

January 11, 2012

Big Trouble for Big Crony

Filed under: Uncategorized — vector @ 5:12 pm

Lobbying and lobbyists play a crucial role in our political system.  Unfortunately, that role can lead to governmental intervention in our “free-market” economy.  Too often this creates a scenario where the best connected are given special loopholes - be it through credits, exclusions, rebates, deferrals, or other mechanical bull for sale special tax treatments – or what we call cronyism.  Our thoughts on this were recently illustrated in an article published in the Clarion Ledger on January 8, 2012.