“If you think of the economy as this vast thing where success or failure is a matter of serving customers well, then you are deceiving yourself. (I’ve written about this before, about how America’s largest companies are basically products of state privilege.) This perspective is good too because the reality of the thing shatters many illusions. Think Obamacare is a socialist redistribution scheme? Take another look. What it really amounts to is the largest corporate giveaway and pork-filled legislation in the history of the country.”
http://dailyreckoning.com/the-goodfellas-of-wall-street/
(Visited 32 times, 1 visits today)
Related posts:
Why NSA Snooping Is Bigger Deal in Germany
The Myth of Journalistic Objectivity
Who Are the Power Elite?
The Iraq War: 10 Years Later
Removing Impediments to Bitcoin's Success
Why I Bought One Bitcoin
Obama Wins A Second Term: Now What?
CTRAFFIK -"What if Nobody Showed Up to Vote?" (Official Video)
“Privacy” Held Hostage By “Security” – Public Unimpressed
CEO: Tech companies should not permit governments to use face recognition
Yes, Virginia, Social Security Really Is Going Bankrupt.
Bill Bonner: Give Thanks to ‘The 1%’
Syria and Second Passports
Paul Ehrlich predicted an imminent population catastrophe in 1965
Broken Links: Fed Policy and the Growing Wall Street-Main Street Gap