Article

2010-06-21 Economy

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Posted by Fred 2010-06-21 00:00|| || Front Page|| [11131 views ] Top

#1 Time for us to not miss capitalizing on the next crisis. Expose back room Congressional Deals and start a Constitutional Amendment for Term Limits. The politicians won't pass the law. We have to get organized and get the Amendment started state by state.

Posted by wt 2010-06-21 00:17|| 2010-06-21 00:17|| Front Page Top

#2 The original WSJ article is here.

Posted by Anguper Hupomosing9418 2010-06-21 00:18|| 2010-06-21 00:18|| Front Page Top

#3 Iran Press TV?!? Please spend an extra 3 seconds and track down the original source, OK?

Posted by gromky 2010-06-21 02:49|| 2010-06-21 02:49|| Front Page Top

#4 Unfortunate use of the term 'crony capitalism' in an otherwise on the money analysis.

What O'Driscoll describes is more accurately called 'crony governing', since it is government channeling money, contracts, etc to its cronies.

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O`Driscoll argues that "while protecting citizens against force, both at home and abroad, is the government's most basic function, protecting them against fraud is closely allied."

Agree 100%. Unfortunately, much of what government does, especially governments on the Left, is fraudulent in one way or another, such as the global warming circus.

Posted by phil_b 2010-06-21 04:26|| 2010-06-21 04:26|| Front Page Top

#5 It's socialist corporatism and statism, exhibiting the usual corruption. It's all laid out in The Road to Serfdom.

Posted by KBK 2010-06-21 09:23|| 2010-06-21 09:23|| Front Page Top

#6 Fred posts from Iran Press TV to tell us what is being fed to other people. In this case the article says "there's corruption over THERE, don't look HERE, look THERE ....."

Posted by lotp 2010-06-21 10:28|| 2010-06-21 10:28|| Front Page Top

#7 A prominent US economic and banking expert has portrayed a grim outlook for the world's most powerful economy, saying the "crony capitalism" runs rampant in the US.

Darn straight!

Posted by Ptah 2010-06-21 10:34|| 2010-06-21 10:34|| Front Page Top

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