April 28, 2011
"[W]e no longer have free market capitalism and we no longer have a democracy."
David Stockman, the blunt-talking former Michigan Congressman and Director of the OMB during the Reagan administration[ says that w]hat now exists at the heart of the U.S. economy … is "crony capitalism" - a system that benefits and even rigs the system in favor of America's banks and bankers at the cost of average Americans.
Go here for more.
Well, they'll take away your last shirt someday... Will be an interresting thing where the U.S. economy will end up some day.
Posted by: Stocktrading | Apr 29, 2011 2:38:58 AM