Archive For: January 2012

Mitt, Newt, and Crony Corporatism

Recently: David Stockman on Crony Capitalism Former Ronald Reagan OMB director David Stockman joined us on The Dylan Ratigan Show today to explain explicitly why both Mitt Romney and Newt Gingrich are incredible offenders and beneficiaries of corporate communism or, as he likes to call it, “crony capitalism.” He specifically laid out the atrocious track record that is displayed by Mitt Romney and Bain Capital’s ability to make hundreds of millions of dollars on leveraged buyouts (just to name one illustrative example: buying and selling the Yellow Pages from the Italian government.) The most important thing about the Stockman indictment … Continue reading

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Our Corporatist Masters

Recently by David Stockman: The Case for the Gold Standard BILL MOYERS: Welcome. This week we’re continuing our exploration of Winner-Take-All Politics: How Washington Made the Rich Richer and Turned its Back on the Middle Class. If you missed our first installment, you’ll find it at our website, Now this is only the second broadcast of our new series, yet we’ve already made our choice for the best headline of the month. Here it is: "Citigroup Replaces JPMorgan as White House Chief of Staff." Behind that headline is a tangled web. The new chief of staff is Jack Lew. … Continue reading

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