Friday 22 January 2010

Crony capitalism

"An entire political system has been built on the myth of a Republican Party defending business interests and a Democrat party defending workers' interests. In fact, both Parties are defending themselves to stay in power, and the loser is the constituent and the little guy. They're in league to retain power for themselves and its a nice story to tell that they're at war every day over these deep issues but they are really in collusion to stay in power."

Denis Calabrese, speaking to John Stossel on the subject of crony capitalism (last few moments of the clip, slightly paraphrased). See the rest of the show at UK Libertarian - hat tip in that direction.

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