[freedomfiter2]

The funny thing is that crony capitalism works just like socialism with the same results.

[agere_contra]

That’s not uprising because crony capitalism = socialism, and has nothing whatever to do with actual capitalism.

The Government choosing winners and losers in the marketplace? That’s Socialism.

[newfreep]

The funny thing is that crony capitalism works just like socialism with the same results.

...and that's why "Crony Socialism" is the more correct term.

[Cyber Liberty]

That's not shocking. Crony Capitalism has more in common with Socialism than Capitalism because both thrive on who you know, not what you know. "Crony Capitalism" is a terrible moniker to apply to what Obama's buddies are engaged in because it gives Capitalism a bad name.

[MosesKnows]

The funny thing is that crony capitalism works just like socialism with the same results.

Capitalism without a modicum of Christian type morality can become as corrupted and oppressive as socialism.

[Red Boots]

The funny thing is that crony capitalism works just like socialism with the same results

I have always thought that crony capitialsim is socialism. Business will always line up to buy if government is selling influence and market share- they have to, otherwise they will fall to those of their competitors who do. Those who scream loudest about crony capitialism should re-direct their anger to the seller of influence - the government.