Crony Capitalism

Crony capitalism, or "Corporatism" is not a different form of government than Socialism, it is instead a method socialists us to compromise free market capitalism. I like this line from the end of the article: "And that is how in crony America taxpayer money goes from one insolvent pocket, to another, to Wall Street, all under the guise of idealistic pursuits and clean energy." This is what governments at all levels do when you give them the power to do it. They always sell themselves as Robin Hood and turn out to be Prince John when you lift the hood.
World’s Largest Solar Plant, With Second Largest Ever Department of Energy Loan Guarantee, Files For Bankruptcy | ZeroHedge:: www.zerohedge.com/news/worlds-largest-solar-plant-…uptcy

Advertisements
Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: