When the president gives billions in loans to a companies in Phoenix, Arizona that is called crony capitalism. Solar companies are dropping like flies all around the country after they get their Federally insured loans. That is because there is no market demand for their products. They have to be held up by the Feds. Crony capitalism is legalized theft.
Crony capitalism is what Sarah Palin mentions in every one of her speeches. The trillion dollar stimulus plans past and present are all earmarked for infrastructure jobs. That means that the money is exclusively going to unions. That is the crony capitalism Palin refers to. If you are not a crony, there is nothing the president will do for you. Not that we are looking for the president’s handouts. Not at all!
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