Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Utmost Certainty
And just because what Romney was doing looks like capitalism on the surface, doesn’t mean it was

Try doing all the nonsense that went on in the 80's 90's and 2000's without Greenspan's credit bubble explosion which was all about crony capitalism for bankers. Try asset stripping using your own and your clients money rather than credit sloshing around the system looking for a quick hit and takedown.

No. What Romney was doing was not capitalism - investment in the means of production to increase productivity. He and his vulture friends just want to call it that.

14 posted on 01/09/2012 4:41:21 PM PST by AndyJackson
[ Post Reply | Private Reply | To 7 | View Replies ]


To: AndyJackson
Try doing all the nonsense that went on in the 80's 90's and 2000's without Greenspan's credit bubble explosion which was all about crony capitalism for bankers. Try asset stripping using your own and your clients money rather than credit sloshing around the system looking for a quick hit and takedown.

No. What Romney was doing was not capitalism - investment in the means of production to increase productivity. He and his vulture friends just want to call it that.


Right. This is exactly what needs to be explained; otherwise you've a lot of voters (including many FReepers, it seems) who're going to buy the Romney rhetoric about this all being perfectly legitimate exercises in free-market capitalism.
18 posted on 01/09/2012 4:46:03 PM PST by Utmost Certainty (Our Enemy, the State | Gingrich 2012)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson