October 13, 2011

SandBox Comments: Aspen Times "Blame cronyism, not capitalism"

Melanie Sturm:

"...The income inequality the Occupy Wall Street protesters decry results from this crony capitalist system that allows policymakers to distribute economic favors to special interests in the form of bailouts, preferable tax treatment and favorable regulations.

Conversely, capitalists like Steve Jobs who rely on free markets, private financing, American ingenuity and hard work, create more prosperity for more people.

Most Americans don't need to Think Again. We prefer capitalists like Steve Jobs to “crony capitalists” like Fannie Mae, whose government-abetted ransacking of the economy is the root cause of Americans' despair..."

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"Truth goes through three stages. First it is ridiculed. Then it is violently opposed. Finally, it is accepted as self-evident."

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