[Lorianne]

Please pass this along to as many as you can

[RKBA Democrat]

Speaking of crony capitalism, how are we to explain the planned $700 BILLION transfer of wealth from the taxpayers to Wall Street by Hank Paulson et al?

[yazoo]

The Dims will of course blame all this on capitalism. But, the most important tenet of capitalism is that SOMEONE, meaning a person or persons, has to lend you their money and take a risk on losing it or making a good return. When the government gets involved a la FMs then there is no risk since politicians, who gain from the transaction, aren’t using their own money.

[t2buckeye]

I believe this is going to sink the Dems...remember that voters got rid of Republicans because of corruption...here is a case where we have the chairman of the banking committee getting huge contributions...one thing about McCain: his reputation about getting money of politics is unassailable...and he picked Palin who did the same thing in her state.

[LeftIsWrong]

Conservatism is dead. Can’t believe I voted for a bunch of socialist crooks and thieves. Not once, but twice.

[Jim Robinson]

bump!

[AndyJackson]

Finally someone who got this right. It isn't socialism. It's good old African style "crony capitalism" which is not, by the way, capitalism, but a conspiracy of criminals.

[thirst4truth]

This fiasco almost bankrupted our country. It isn't over yet, it still could. Heads need to roll. Bush and McCain should be calling for an investigation on Dodd, right away, he is chairman of the banking committee for God's sake. They all are sooooo corrupt it is almost too much to take.

And they keep getting their posh digs, huge salaries and millions in perks from their cronies.

[Entrepreneur]

This is a good, well-written, easy-to-understand column. It doesn't get into Goldman Sachs, JP Morgan, etc. and the relationship between the I-banks and DC.

Still, it's a must read. Just know that it's only a thumbnail sketch of the corruption.

If a big Wall Street type espouses leftist policies and funds leftist candidates that are antiethical to capitalism, ask why? What's in it for them?

[fightinJAG]

Don't forget Jamie Gorelick as one of the uber-cronies.