Tuesday, August 30, 2011

The Shocking Truth about Sarah Palin and Dick Cheney and Crony Capitalism

by Nomad

Over the years Sarah Palin has carefully crafted an image of being a crusader against "crony capitalism." However, an in-depth look at some of her past deals suggests that Sarah Palin and Dick Cheney could just be king and queen of Cronyland. 


Up until the sudden silence in the wake of Joe McGinniss' "The Rogue, Sarah Palin had been recently making charges against the Obama Administration’s so-called “crony capitalism.” I doubt whether she could define exactly what she meant but cronyism is, according to our good friend Wikipedia, “ a partiality to long-standing friends, especially by appointing them to positions of authority, regardless of their qualifications.”

Adding the tag “capitalism” it suggests the use of government intervention in the economy to benefit supporters and punish his opponents. It is the biased selectivity of rewards doled out by the government, either in terms of positions of power, awarding of contracts or financial benefits. This also includes limiting the competition through regulations on private businesses that are strictly enforced on opponents of the government, and not enforced on supporters of the government.

Palin’s apparent strategy is to take all of the negatives of the previous Republican administration and foist them upon the present one. Whoever dreamed it up- and surely it couldn’t have been Palin- has attempted to use the tried and true method developed by Karl Rove of attacking the opposition with your own crimes.

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