To: 11th Commandment
How is this Crony Capitalism???
Crony capitalism is when you use your position (current or past) in government to benefit your friends/cronies.
Accepting government subsidies/incentives given to all businesses (something the government should not do) is something all good businesses do.
6 posted on
01/13/2012 11:46:33 AM PST by
NeilGus
To: NeilGus
Don't be naive, the grants and subsidies come at big costs. Most protect unionism, hurt the consumer with higher prices, are anti-competitive and stick it to the tax payer.
The article even states Bain lobbied for help. Bet if you check the donations on Bain executives, you will find the quid pro quo.
7 posted on
01/13/2012 11:51:52 AM PST by
11th Commandment
(http://www.thirty-thousand.org/)
To: NeilGus
Accepting government subsidies/incentives given to all businesses (something the government should not do) is something all good businesses do.
LOL. So I guess that makes Solyndra a "good business."
Wow, with defenders of capitalism like you, who needs the socialists.
9 posted on
01/13/2012 11:52:15 AM PST by
Utmost Certainty
(Our Enemy, the State | Gingrich 2012)
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