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« The Latest on David Sokol | Main | Could NFL Draft Day Science Help Boards of Directors? »

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.

SJP

April 28, 2011 in Current Affairs, Government and Business, Politics | Permalink

Comments

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

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