Stossel on ‘Crony Capitalism’

Here’s a good video clip of one segment from John Stossel’s new Fox Business Network program highlighting an example of the cozy relationship between big government and corporations (the other segments from the episode can also be viewed on YouTube):

What enables a large degree of this corruption is not the lack of campaign-finance “reform” but rather the enlarged size of government itself. Often, government is involved in the unconstitutional practice of picking winners and losers in the private economy. I commented on this problem in a related post a few days ago.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: