The Chosen Ones

"The Chosen Ones" are people selected by government to get perks... special favors, tax breaks, cronyism... what I call crapitalism. As government grows and gives out more favors... it creates "A Great Deformation." That's the title of David Stockman's new book. He is upset about bank bailouts. Tim Carney, a reporter for the Washington Examiner, says Boeing, life insurers, and Big Pharma are crony capitalists. America's sugar producers declined to come on our show to talk about their special privilege. Sallie James, a trade analyst at the Cato Institute explains how Big Sugar wins, while businesses and consumers lose. Government tries to squash innovators like Uber, which offers a Smartphone app that lets you find nearby cars to ride in - but traditional taxi companies don't like the competition. Travis Kalanick, Uber CEO, will explain.