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Forum Post: Atlas Network's Tom Palmer contrasts cronyism and free-market capitalism

Posted 13 years ago on Oct. 19, 2011, 1:34 p.m. EST by sickmint79 (516) from Grayslake, IL
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Dr. Tom Palmer, executive vice president for international programs at the Atlas Network and senior fellow at the Cato Institute, explains that most complaints about capitalism actually target cronyism. Palmer offered these comments during an Oct. 17, 2011, presentation to the John Locke Foundation's Shaftesbury Society.

http://www.youtube.com/watch?feature=player_embedded&v=AlDxUyzBfBQ

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[-] 0 points by Yepper (277) 13 years ago

Well of course it does. Dr, Tom Palmer merely states the obvious. Jeff Immelt and GE got $126 MILLION stimulus dollars despite making over $6 BILLION profit and paying ZERO TAXES at the same time. BaROKE Obumbler's $852 STIMULUS bill to create JOBS and start SHOVEL READY PROJECTS turns out to be a SLUSH FUND FOR CAMPAIGN CONTRIBUTORS LIKE SOLYNDRA, GE, JEFF DOERR and STEVE WESTLY, other DONORS, fictitious zip codes,etc.. Obumbler blew $852 BILLION, NOW HE WANTS $450 BILLION MORE---SHOW US THE MONEY, WHAT DID YOU DO WITH THE $852 BILLION?? Criminals always return to scene of the crime, Obumbler's BACK TO STEAL MORE MONEY FROM TAXPAYERS! Millions went to foreign banks, $529 MILLION went to Finland to build hybrid cars, MILLIONS went to Hezbollah, MILLIONS TO CRONIES. The same type of CRONIES are on his JOBS BOARD! All we'll get from them is more LIES, DECEIT, FRAUD!