The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Paul Ryan on CNBC – Fannie Mae and Crony Capitalism

Posted by iusbvision on April 21, 2010

Paul Ryan and the financial pro’s at CNBC tell you the exact same story we have been telling you for over a year. Much of this regulation in government is not designed for the safety and benefit of the public. It is designed to create “Crony Capitalism” to use regulation and policing to tip the scales of competition; to pick winners and losers while politicians get rich and you and I lose.

Another term for this type of corrupt behavior is “political market economics”. Another term os “corporatism”. Another term is fascism, but most people have stopped using this term because of its pajorative baggage.

Related:

Real Capitalism vs. Political Market Capitalism

Corporatism in action: Feinstein routes government money to firm doing business with husband – UPDATED!

Fallacy upon fallacy, ignorance upon ignorance…

Crony Capitalism – Obama’s Legacy

2 Responses to “Paul Ryan on CNBC – Fannie Mae and Crony Capitalism”

  1. […] Paul Ryan on CNBC – Fannie Mae and Crony Capitalism « The IUSB … […]

  2. Guys like Ryan outshine ANY of the Democrats.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: