Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 02-19-2010, 12:40 AM
 
7,530 posts, read 11,370,853 times
Reputation: 3656

Advertisements


YouTube - John Stossel 1/14/2010 Crony Capitalism/Corporatism (1/6)
Reply With Quote Quick reply to this message

 
Old 02-19-2010, 06:58 AM
 
11,135 posts, read 14,197,413 times
Reputation: 3696
Great link, now if only Fox would go further and offer other examples.

Crony Capitalism: Halliburton Gets $70 Million Bonus Despite Fraud - Associated Content - associatedcontent.com
Quote:
On Tuesday, May 10, 2005, and without a hint of shame, the Bush administration awarded Halliburton subsidiary Kellogg, Brown and Root (KBR) $72 million in bonuses for its "very good" and "excellent" work in Iraq. Excuse me? Just two months ago, the Justice Department indicted a KBR manager for "major fraud against the United States" under the same LOGCAP contract for which KBR is now being awarded bonuses. According to the indictment, former KBR manager Jeff Mazon billed the U.S. more than $5.5 million for $680,000 worth of work. In other words, Mazon inflated KBR's bill by over 700 percent
Crony Capitalism isn't something that is indicative of Democrats or Republicans, they both participate in this kind of practice.

While most Americans are busy with the "taste great, less filling" arguments of left vs right, meanwhile their country is getting looted by the vertical aspect of Government/corporate America vs the people.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 10:37 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top