Saturday, June 16, 2012

Hey American, Heads I win, Tails you Lose!


Recently house republicans released e-mails that give further granularity and detail to the well known story of how big pharmaceutical giants shanghaied Obamacare in the cradle during the summer of 2009.  With the help of the Machiavellian Rahm Emmanuel and the White House devoid of any vision and convictions, companies like Pfizer made sure that ObamaCare became our Rosemary’s baby rather than America’s (huge) bundle of joy.  This study in ugly crony capitalism even had the Wall Street Journal up in arms in a recent op-ed piece, seeing that the virtual ownership of our political process by big business is undermining free markets, capitalism and democracy itself, in a word it is destroying America.


Crony capitalism is a primary animator of both the petulant Tea Party the infantile Occupy Movement but I am not sure either is going to move this ball very much alone (even thought I do hold out hope for Occupy’s Guitarmy :).  This issue should be a point of unity for both, and together with independent voters might exact some change. 


Crony capitalism is a sort of pure evil that should unify all political sects; Tea Partiers, Occupiers, Conservatives and Progressives.  I would suggest members of all “movements” read Luigi Zingales wonderful new book “A Capitalism for the People: Recapturing the Lost Genius of American Prosperity.”  Zingale’s book lays out the scorched earth policy that is crony capitalism as well as any I have read.  Crony capitalism is undermining the public’s understanding of the free markets, democracy and is the key element in the America’s deep distrust of government.  Until this demon is beaten back there will be no meaningful change in our land.

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