by: Brent Smith for World Net Daily:
By her own admission, the CEO of General Motors wants to further her pursuit into crony-corporatism to achieve her vision of an all-electric, zero-emissions future.
There is something inherently wrong with the term crony-corporatism – although most use the term crony-capitalism.
There really isn’t anything capitalistic about cronyism. And there isn’t anything inherently wrong with corporatism. In both cases, the problem is “crony.”
For those unfamiliar, crony-corporatism is when a private-sector corporation gets in bed with the government. It may be federal or state, but in either case (or both), the corporation curries favor with the government, seeking special carve-outs and regulations that effectively lock out their competition. It’s an insidious relationship that benefits none but the corporation and government special interests. The consumer always suffers in the end.
But this is what you do when you find it difficult to compete in the free market or your personal interests run counter to market forces. You encourage the government to step in and pick winners, you, and losers, your competition – and, of course, us, the consumer.
Unfortunately, the consumer is always on the losing end. And such it is and will continue to be if the CEO of General Motors has her way.
CEO and Chief Crony Mary Barra, says the federal government should impose a “National Zero Emissions Vehicle” program that will “move our country faster to an all-electric, zero-emissions future.”
Barra claims in an op-ed that, “A single, 50-state solution will help move the U.S. to a leadership position in electrification.” In other words, a one-size-fits-all federal decree. The feds are great at one-size-fits-all “solutions” – they just never work when they are tried.
To accomplish this feat, Barra has proposed a three-tiered program: