Crony Capitalism and the Liberal Left

Lance on Jul 24 2008 at 8:51 pm | Filed under: Domestic Politics, Lance's Page One of the more entertaining howlers of contemporary liberalism, is the outraged caterwauling about “Crony Capitalism” and the Bush administration. Not because the charge isn’t true, it certainly is. No, the problem is when it comes to crony capitalism the Democratic party is where its at, and always has been. It is just that it is papered over with all kinds mushy feel good rhetoric. Did any of these people pay attention to the the Clinton years? Not that Clinton was any kind of exception. Nowhere has that been more plain than in the case of Fannie and Freddie. Want to know who has been enabling, profiting from, and carrying water for Freddie and Fannie? Paul Gigot gives us the whole story, including who really didn’t benefit, even before they... [read full story]