Post Tagged with: "crony communism"

May 10, 2013 05:38

Crony Capitalism Protects Wrongdoers, Harms Consumers, Disrupts Markets

Special interests invest in political campaigns as a cost of doing business, and they expect a handsome return on their investments. … politicians are only too happy to accommodate these special interests in exchange for political contributions that help cement and perpetuate their power.

September 29, 2011 08:57

The Washington Cesspool

Self-interest of the political class triumphs over the good of society. A society then becomes subject to the whims of corrupt and increasingly powerful officials. The rule of man subtly and slowly replaces the rule of law.