Posted on 12/29/2011 12:08:33 AM PST by neverdem
Crony capitalism is the most serious current danger to the American community, a threat not simply to government or the economy, but to our very way of life. It is the worst such threat since the trusts and monopolies of the early 20th century, and in much the same way. Cronyism is one of the major forces behind the establishment of the corrupt pseudo-aristocracy that has been taking shape in this country over the past two decades, a synthetic privileged class made up in large part of politicians, hustlers, and hangers-on who have become expert in exploiting the rest of us.
The legacy media, for some obscure reason, tends to bury discussions about this group. While the reportage on discrete incidents is there -- see the parade of stories on Solyndra, Goldman Sachs, and MF Global for examples -- we find little effort to pull it all together. Academics, with the single exception of Angelo Codevilla, who sounded the alarm two years ago in The Ruling Class, appear oblivious, as if they had no idea what's going on, which may well be the case.
The customary watchdogs having remained asleep, we need to rely on independents. Chief among these in Peter Schweizer, whose latest book Throw Them All Out (Houghton Mifflin Harcourt, 2011) gives us the clearest picture we've yet had of the activities of the new crony class.
Schweizer examines the new cronyism through the lens of the old -- specifically, the political philosophy of George Washington Plunkett, 19th-century Tammany stalwart who seen his opportunities and took 'em. Plunkett's modus operandi was based on "honest graft" -- rather than fish for bribes or payoffs, Plunkett would discover what contractor was putting up the new schoolhouse and then mosey over to drop a few hints about his cousin's brick company...
(Excerpt) Read more at realclearpolitics.com ...
Tar, feathers and rails come to mind.
Read for later. Thanks.
TEA Party 2012, now let’s see Democrat supporters shill for the biggest spending spree ever.
Out of the country. North Korea would be good for them.
Personally, the most dangerous thing I see threatening Capitalism these days are blanket statements about aspects of Capitalism. There have always been bad players. There will always be bad players. The idea one whole sector is bad, or everyone in Washington is bad as it relates to Capitalism, is goofy.
The Left is doing it's damnedest to destroy Capitalism. They forced bad loans on lending institutions, and are still doing it. So do we address the bad policies of the government and the bad actions of bad players, or do we make blanket statements?
Wall Street, lending institutions, banks, and corporations are all being focused on right now, and many on the right (or more accurately fancy themselves to be on the right), have revealed themselves to be perfectly willing to carry the Leftist water in their zeal to get those bad guys.
Right here on this forum we've got folks making blanket statements about Banks, lending institutions, Wall Street, Corporations... and on it goes. Folks, who needs Leftists if we're going to destroy these institutions of Capitalism for them? What the hell is going on with some of you?
Bank of American had to settle another suit last week for $300 plus million, because it had denied loans to people in problematic areas. Of course all the victims were Black or of Hispanic background. No White were harmed in the creating of these charges...
Leftists are gaming us right now, and we're falling for it lock stock and barrel.
We should go after bad players and defend the system. Without the Capitalist pillars, we'll be no better off than Russia in short order. Please quit playing the Left's game by their rules.
More like guillotines.
Throwing out all the politicians would be akin to arresting all the drug mules. The cartels simply recruit a new crop.
It’s called the Sampson Option. When the institutions have been entirely corrupted, you implode them.
And don’t think the banks are victims. They are so infested with leftists they can’t wait to fork over the money and support the federal deficit by loaning to the government for its guaranteed return than to legitimate business and private borrowers.
Right. Arrest the police and put them in jail. LOL
SOUNDS GOOD TO ME:
Leavenworth Federal Penitentiary, Kansas, not a very nice place, but better than they deserve..... (but just as a holding location)
The article’s headline sounds like a good plan to me.
If we can’t use Levanworth, perhaps we should build a bigger one. Just think of all the jobs we could create and the boost to our economy..........
The article’s headline sounds like a good plan to me.
If we can’t use Leavanworth, perhaps we should build a bigger one. Just think of all the jobs we could create and the boost to our economy..........
They steal tax money, pass it out to their people, and then advertise that they’re brilliant intellectuals who made their money by thoughtful, good investments.
Absolute, low-life scu&bags, one and all.
IMHO
You’re to kind. I’d hang 90% for treason. Then tar and feather the rest.
Good post. It needed to be said.
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