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Republicans Must Reject Crony Capitalist Efforts to Avoid the Fiscal Cliff

NewJAl Wrote: Nov 18, 2012 10:14 AM
Crony Socialism.

Following his re-election President Obama wasted no time in rallying his progressive and crony capitalist allies to address the fiscal cliff.

Just one week after the election Obama met in successive days with progressive activist groups including labor organizations and advocacy groups such as Moveon.org and then with a select group of twelve CEOs representing a broad spectrum of industry sectors.

Some mistakenly believe Obama organized these meetings to solicit ideas to find a consensus solution to the emerging fiscal deadline.

Don’t be mislead. With his progressive base energized about the legislative prospects during Obama’s second term, the...