Sunday, February 14, 2010

Don't Worry Guys. Big O's Got You.

From Bill Kristol in regards to how he does NOT begrudge the giant bonuses taken by Lloyd Blankfein (CEO Goldman), and Jamie Dimon (CEO JP Morgan Chase).

doesn't Obama realize how creepy this statement is? "I know both those guys; they are very savvy businessmen." This confirms the suspicion that we now live in a world of crony capitalism, where if Obama knows and thinks well of you, then you don't get criticized--but if you're some guy who hasn't spent a lot of time cozying up to government leaders, then you could easily be the object of demagogic assault by politicians.

Does everyone remember the outrage that Auto CEO's didn't fly coach to Washington?

IMO... its reasons like this that we need to rely on the free market and not the government for pretty much everything.
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