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Jack Lew and Citigroup: How the Corrupt Rich Get Richer with Cronyism

Auspex Wrote: Mar 01, 2013 11:07 AM
The occupiers only got the story 2/3 right. There is the government. There are corporations. Each wield a lot of power. Occupiers forget, though, that government and corporations work together, and they do. If an occupier is in Wall street, he should take the time, while he's back east, to occupy DC. But they will never believe that their government and the evil corporations are in the same bed when the lights go out at night...

If you’re an amoral person with political connections, it’s possible to make a lot of money.

Warren Buffett lined his pockets by making a government-subsidized investment in Goldman Sachs during the financial crisis.

The rest of us suffered and he got richer, but the left seems to be okay with that perverse form of redistribution because he supports class-warfare tax hikes. Sort of like buying an indulgence in the Middle Ages.

Hey, nice work if you can get it.

But Buffett may be an amateur compared to the crony capitalists at Citigroup.

The just-confirmed Treasury Secretary Jack Lew was...

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