Obama googles crony capitalism, gets Google
Nestled among the lofty rhetoric of “hope and change,” Barack Obama made a core promise during the 2008 campaign that he would put an end to the corporate cronyism that has long pervaded the political system. “The days of sweetheart deals for Halliburton will be over when I’m in the White House,” he proclaimed. What President Obama left out however, was that the days of sweetheart deals for his cronies had only just begun–with his chief corporate advocate, Google, quickly emerging as the Halliburton of his administration.
The phrase “regulatory capture” comes to mind.
The President talks the talk, but he fails to walk the walk and the traditional media is curled up at his feet, asleep, so don’t expect them to call him on it. The media would, however, like to have their pictures of Mr. Obama with Tiger Woods, Ben Affleck, Beyoncé, et al. Priorities.
Crony capitalism for me and denounced for thee seems to be Dear Reader’s rule of thumb.
Most transparent Administration ever.