Crapitalism

This is the new name for "crony capitalism". Found this interview via The CL report. Here is Nick Gillespie and Gene Epstein talking about our friends the banksters. So when some conservatives give the Occupy Wall Street people a hard time, I completely understand their sentiment. They're not protesting profits (although some might be die hard commies that are). They're protesting graft, corruption, and the complete bypass of our Constitution.

And by bypass of the Constitution, I mean we have corporate-sponsored lobbyists shilling and writing legislation for Congress, that they are paid to pass. 99% of what is getting passed up there no one has read and no sane American would support.

Mr. Epstein menions Angelo Mozilo, to which I made a map:

Ex-CEO of Countrywide Financial Corp, deeply involved in the mortgage meltdown of 2008. Sued by Countrywide shareholders over his knowing involvement in the sales of loan products he described as "toxic" and "poison", Mozilo agreed in 2010 to pay $67.5M in fines and forfeiture, but, of course, admitted no wrongdoing. -- nndb

link

Note the political contributions. To those hard core righties and lefties out there.. how does it make you feel that this guy gives to both? The Elites give to the same bunch over and over again. If they don't care about Ds and Rs, then why should you? What do they know that you don't? Remember what Frederic C Howe said about a government subsidy or grant being worth more than a silver mine? That is crapitalism in action.

So when you see an elite donating to a candidate, you know they're going to be supporting a willing accomplice of crapitalism.