“What is thy bidding, my master?”
It's not crony capitalism. It's called Mercantilism. And it's a first cousin of Fascism.
Another one for the record.
This was "privatization", Mexican style. It's a well known event in Mexico - a meeting in 1991 where all the Mexican state owned industries were auctioned off for huge bribes to the Salinas family.
He's a thug like them, only slightly more polished. No one in Mexico could be that big and not be.
He should be arrested when he walks onto U.S. soil. By now you can bet that the DEA, ICE, FBI, NSA, and CIA have enough tapes to bury him and 500 others for the next 1000 years.
But Bush wouldn't, and we know the Kenyan won't.
Sickening.
As any bum can tell you, being ‘pinched’ financially drives one to strange acts.
And, Pinch is ‘pinched’.
KEWL ! !
The absurdity reaches new highs when Sulzberger claims Slim is helping millions of people become part of the information age.
His efforts have retarded access to the internet because it has been profitable for him to derail competition and milk his monopoly.
"Patrón, take me away!"
Not at all true;
they never say a thing when the "crony capitalist" is a big Dimocrat constributor, like former NYT reporter Steve "Ismella" Rattner.
“This is a man who has set back development in Mexico by his monopoly (or near monopoly) of the telecommunications system in that nation. He has been milking his profits for decades, blocking technological development of competitors by using his influence with politicians. The Times has historically derided this type of crony capitalism, especially when it takes place in the developing world because of its effects on the poor.”
This so called crony capitalism is nothing more than raw facism because a government or some group has basically eliminated any re competitors and awarded elite facist individuals/families with a protected monopoly or franchise.
ABCNNBCBS and the print mediots, who owned the tv nets had a monopoly with the so called news and programming. Beside the tv, they often had a monopoly or basically no competition for the fishwraps and major radio stations in their cities and areas.
To paraphrase Howie Carr, “Smug arrogance” isn’t a good business plan. It only works where the Smuggees have a monopoly. Those days are coming to an end across this nation. The elite liberal arrogant snobs, who inherited the fascist monopolies of their fathers/grandfathers are fading into the history books.
