In response to:

Crony Capitalism Gone Wild: Duke Energy CEO Backs President Obama

jbazen Wrote: Oct 03, 2012 10:59 AM
SORRY saawshank, but the opposite of "Trickle down, MUST be "Trickle up" and the poor have no money to trickle anywhere! Bur If you are poor, can YOU give me a high paying job, with all the benefits? PLEASE? Seeing the poor out number the rich at least 1000 t0 1, that would make for "Full Employment over night, right?

Duke Energy CEO Jim Rogers sets a new standard for crony capitalism. While the vast majority of crony capitalists are pragmatic businessmen who pursue a partnership with President Obama for purely financial reasons, Rogers is a different breed.

Most CEOs are political agnostics and see cronyism as a shortcut to bypass the competitive free enterprise system to a pot of gold. These business executives walk a political tight rope, trying to balance the benefits of political favors against the risk of drawing media scrutiny and controversy of looting the public treasury.

For Jim Rogers, passion for progressive politics appears as...