In America, the Washington D.C., uniparty types like to make you think they are all for reining in big corporations in favor of the “little guy.” But in practice, it seems that across many industries, the practice of squeezing out competition via government subsidy or legislative or bureaucratic intervention is often carried out by legislators with a vested interest in the long-term success of their “donating constituency.”
In one of the more potentially damaging examples of this type of monopolistic cronyism, during the 2023 Fiscal Year, the U.S. government gifted Microsoft nearly $500 million, despite the fact that more than 50% of government workers believe that the reliance on Microsoft’s productivity technology makes them more vulnerable to ransomware , trojans , and other cyber intrusions.
The whopping 50% figure shouldn’t really come as a surprise to anyone paying attention, as hackers have exploited more than 280 Microsoft […]
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