Difference between revisions of "Crony capitalism"
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'''Crony capitalism''' is a [[federal funding|federally funded]] [[liberal|left-leaning]] economic system which is more like an [[oligopoly]] than [[free enterprise]]. In crony capitalism, investments are not based on [[morality]] or true free enterprise. Often in crony capitalism the [[big government]] (see [[socialism]] [[fascism]]) picks winners and losers through the use of [[grant]]s, contracts, loan guarantees, [[regulation]]s, [[bailout]]s and other ways of extending favors to [[elitist]] friends or [[bankster]]s while penalizing competitors. | '''Crony capitalism''' is a [[federal funding|federally funded]] [[liberal|left-leaning]] economic system which is more like an [[oligopoly]] than [[free enterprise]]. In crony capitalism, investments are not based on [[morality]] or true free enterprise. Often in crony capitalism the [[big government]] (see [[socialism]] [[fascism]]) picks winners and losers through the use of [[grant]]s, contracts, loan guarantees, [[regulation]]s, [[bailout]]s and other ways of extending favors to [[elitist]] friends or [[bankster]]s while penalizing competitors. | ||
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| + | ==Quotes== | ||
| + | * "[[Paper money]] eventually returns to its [[intrinsic value]] --- zero." [[Voltaire]] (1694-1778) -- The same could be said for [[Crypto-currency]]. | ||
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| + | * "[[Gold]] is the [[money]] of kings, [[silver]] is the money of gentlemen, [[barter]] is the money of [[peasant]]s and [[debt]] is the money of [[slave]]s." -- Traditional | ||
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| + | * "The one aim of these [[financiers]] is [[New World Order|world control]] by the creation of inextinguishable debt." - [[Henry Ford]] | ||
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| + | * "Give me control of a nation's money and I care not who makes the [[law]]s." - [[Mayer Amschel Rothschild]] (Head of the Jewish [[Rothschild]] [[elitist]] banking-finance family) | ||
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| + | * "The issue today is the same as it has been throughout all [[history]], whether man shall be allowed to [[govern]] himself or be ruled by a small elite." - [[Thomas Jefferson]] | ||
==See Also== | ==See Also== | ||
Revision as of 01:16, February 23, 2015
Crony capitalism is a federally funded left-leaning economic system which is more like an oligopoly than free enterprise. In crony capitalism, investments are not based on morality or true free enterprise. Often in crony capitalism the big government (see socialism fascism) picks winners and losers through the use of grants, contracts, loan guarantees, regulations, bailouts and other ways of extending favors to elitist friends or banksters while penalizing competitors.
Quotes
- "Paper money eventually returns to its intrinsic value --- zero." Voltaire (1694-1778) -- The same could be said for Crypto-currency.
- "Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants and debt is the money of slaves." -- Traditional
- "The one aim of these financiers is world control by the creation of inextinguishable debt." - Henry Ford
- "Give me control of a nation's money and I care not who makes the laws." - Mayer Amschel Rothschild (Head of the Jewish Rothschild elitist banking-finance family)
- "The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite." - Thomas Jefferson
See Also
External Links
- Burying crony capitalism: The courts strike a blow for economic freedom - Editorial in the Washington Times
