In response to:

Republicans Must Reject Crony Capitalist Efforts to Avoid the Fiscal Cliff

sashamanda Wrote: Nov 18, 2012 3:26 PM
There most certainly is such a thing as crony capitalism. Google it. Capitalism is a neutral term referring only to ownership. Crony capitalism occurs when favoritism in the form of tax breaks, government subsidies, and government guarantees supplant the rule of law and the free market ---like what happened with the housing market and the resulting crash. Both political parties practice crony capitalism. The GOP actually just ran a candidate who made and kept a fortune through crony capitalism.
bigdawgworking Wrote: Nov 18, 2012 9:40 PM
Obama is the king of "crony". Pay him some campaign contributions and you get "green energy" loans that are not first in line to paid off when you go bankrupt. It is pretty much bribe Obama and get a payoff from the taxpayers. That is NOT capitalism. But, it is how the Democrats have always worked. I left Louisiana because that was the government there. After Katrina, they realized that people get killed when the levees break and all the money went to relatives and friends (aka cronies). Jindal is cleaning up that mess. In 4 years he may get to clean up Obama's corruption as well.
MadisonWannabe Wrote: Nov 18, 2012 6:43 PM
You just described the system originally known as Fascism. Changing the name was done to fool people like you.

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...