United Technologies – Raytheon Merger Is the Definition of Crony Capitalism – Everything Law and Order Blog

Trump opposes the merger of these two arms manufacturers, which would create the world’s largest such corporation, but why? Bill Black gives us the interesting answer and explores why these mergers are dangerous and on the rise

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39 thoughts on “United Technologies – Raytheon Merger Is the Definition of Crony Capitalism”
  1. I used to like this network. Now, it's painful to watch as hosts and guests regularly yuk it up over news stories that negatively impact ordinary people's lives.

  2. I have a manual lawnmower and with the weather weirding and it raining every other day I'm in catchup mode with video watching and newsletter reading. What a difference a few days make though; the acting Secretary of Defense resigning lets us know who had the coinage to pay off our petty crook Moron and Chief. I've heard Professor Black say this in a previous video "you can't make this Sh*t up."

  3. these companies are always selling to both sides of any war. every war is the same. corps and banks win you die! see iran false flags.

  4. Capitalism works, The problem is, capitalism works too well. Under the capitalist system, we buy cars and boats and burn a lot of oil. Capitalism helped build the greatest country on earth. The US government has spent the last 30 years trying to destroy capitalism in the US. The US government is planning to take us to communism were people will not have the money to buy cars and boats. That is why you are seeing all this communist propaganda. Under communism, no one will have cars and boats. No one will have anything, everyone will be poor except the elite.

  5. Horrible, blood thirsty companies who profit when innocents are killed and maimed. War making should not be permitted to be a profit making venture.

  6. Can we finally have socialism for the poor already? Capitalism is awful and all of us non-CEOs sick of it.

  7. I turned down a job working for Hughes. Could have made a lot of money, but I didn't want to design/build bombs for sale to the highest bidder.
    Best life decision I ever made. I instead designed/built things that saved lives, prevented deaths, and made peoples lives better.
    Hughes was later bought by Raytheon.

  8. This is how THE DON thinks capitalism works and if you live in the US, you're right. Top to bottom corruption, 0 merit, zero.

    Full top to bottom feudal system, I hope you have rich parents who aren't insane / sociopathic. Otherwise I'd renew your passport, try to stay out of debt, and just head for an actual 1st world country.

  9. capitalism is flawed at it's core, this idea of "crony capitalism " is right wing narrative, like some how there somewhere this "proper" capitalism…

  10. They already said they were spinning off the elevator business …… Boeing would still be a bigger player even after these two merge they would not be the largest "such" corporation…

  11. Sherman Antitrust Act needs to be resurrected. That "Big is Better" means fewer owners, more money consolidation, control of the marketplace, guaranteed profits, extraction instead of innovation. What we need is more ownership, more people invested, co-ops are good, employee ownership.

  12. It increases the supply chain if they merge, they will have more state support at the federal level including the influence on the house and Senate.

  13. This is capitalism for corporations! It used to be that it was unconstitutional and illegal, however it appears DC rules from outside of its protections. This has been going on for decades in all realms of the economy. Think 2008!
    It is hard to keep a straight face when
    da Pres speaks, but then it becomes hard not to cry.

  14. These people are the leading contractor in the use of geoengineering the climate / solar radiation management. One of the main causes of climate change trying to hide climate change by controlling the climate but polluting the atmosphere doing so. To hear all of the details and see the physical evidence go to GeoengineeringWatch.org and become informed help fight climate change! And see Dane Wingington on YouTube subscribe to his channel and stay informed.

  15. Pretty sure the only reason Trump opposed this is because Boeing has their whole elbow up his ass.

  16. What got America to this point? As it turns out, the thing that wrecked America was good ole’ home-grown capitalism. Now, I'll catch shit for saying that, Americans get instantly defensive, because capitalism is to them what socialism was to Soviets: neither really understand their ruling ideologies that well, which is the point of an ideology, really. Capitalism is what led us to collapse. Collapse is what made us turn to each other. And turning to each other kept them firmly capitalist. Choosing to stay capitalist in each others’ arms took away the chance to join the more prosperous, modern, social democratic world around us like Canada, Europe. But capitalism is the very compound whose overdose poisoned our systems, to begin with. How could anything but more ruin come from overdosing together, all over again? And yet no one asked, no one saw, and no one cares very much. Their glazed over eyes are filled with dollar signs, and their blood runs hot with the thrill of a merger to conquest, for this to be fulfilled. in short; "If you can’t increase profits forever…you’re not going to stay a capitalist for very long." merger or suicide pact? our coffins are pre-lined with debt, for this Romeo and Juliet merger. They’ve decided to go all in on capitalism. you be the judge of that, we the jury are still paying…

  17. It's a win-win for all … the people in the Billionaire club and their psychopathic executives.

    Also, Bill Black is always an Awesome guest – I'm glad TRNN bring him on.

  18. "Capitalism is just Socialism for the rich." – Warren Buffet

    Funny how no matter whether there's a Democrat or Republican in the White House the wealthy seem to soak up all the government handouts while they point blame on those with very little taking minuscule handouts.

  19. I guess socialism is the only answer because everything will go right with socialism. As far as I know every socialist country out there since its beginning has been great and prosperous. We need it now.

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