Ron Paul and Occupy Protests Join Forces In Demanding an End to Crony Capitalism

All Americans – On the Left and the Right – Demand and End to Crony Capitalism

As I have repeatedly noted, libertarian conservatives and Occupy Wall Street protesters have a lot more in common than the mainstream media would have us believe … we all want to end crony capitalism:

“You can build this movement to unite America around this idea that the time for crony capitalism must come to an end,” [progressive law professor Lawrence Lessig] said. “There is no one on the left or the right who defends the system of crony capitalism, they just practice it.”

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Conservatives are wary of big government and liberals are wary of big corporations, but that all Americans hate the system of crony capitalism (also known as “socialism” or “fascism”) which we have today.

Similarly, Ron Paul said last week – referring to the occupy protests:

If you’re going after crony capitalism, I’m all for it.

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[Crony capitalists are the ones] that benefit from contract from government, benefit from the Federal Reserve, benefit from all the bailouts. They don’t deserve compassion. They deserve taxation or they deserve to have all their benefits removed.

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But crony capitalism isn’t when someone makes money and they produce a product …. That is very important. We need to distinguish the two. And unfortunately I think some people mix that.

Let’s put aside our differences – and avoid the divide-and-conquer trap which the powers-that-be are always trying to push us into – until we can end crony capitalism.

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  • MNTX

    Yea, Ron Paul… right.. once you get past his words, you find he is one of the biggest porkers in DC and loves to play that redistribution game via earmarks.

    • http://OccupyTheFed.tv OccupyTheFed.tv

      “he is one of the biggest porkers in DC and loves
      to play that redistribution game via earmarks….”

      Ron Paul has said that income tax is stealing, so he would agree with you that the redistribution game is a big problem. Having said that, if you could get rid of all the earmarks it would save less than 1 percent of the budget. But, if you vote against all the earmarks, you don’t save one penny. So the system is going to “stealing from Peter to pay Paul” regardless of what you do… the only question is where that money is going to go. What makes Ron Paul different is that after he adds earmarks for his district, he then turns around and votes against the bill on principle–would you do any different?

      How then can you call him the biggest porker in D.C.? Maybe you just don’t get what is really going on here… you have to understand, we’re talking about who decides where the money is going to go, the Representative of the people or some unaccountable bureaucrat in the executive branch? That is the issue. Paul’s basic argument is that if the money is going to be spent, then Congress has the responsibility to decide where that money is going to go. Do you agree or disagree with that?

      The fact is Ron Paul hasn’t voted for an appropriation bill in years. You call it a game, and your correct. It is a game, and Ron Paul plays that game masterfully. […cunning as a snake but as innocent as a dove…] People in his district want money for highway (for example), he puts it in there, then he votes against the bill. Why? Because he has a responsibility to represent the people and his own principles. “If they say, hey, look, put in a highway for the district, I put it in. I put in all their requests, because I’m their representative.”

      Neil Cavuto: “So you don’t think their requests are waste?”

      Ron Paul: “There should be a better way to do it. But if you’re going to spend the money, the Congress has the responsibility to say that it’s better to spend it on a bridge here than spend it on a bridge in Iraq and then blow it up and build it up again.”

      With an earmark, Congress directs a specified amount of money from an agency’s budget to be spent on a particular project. In the past Members of the Congress did not have to identify themselves or the project; however, as a result of recent reforms in Congress, earmarks are associated with requesting members in conference reports.

      Typically, a legislator seeks to insert earmarks that direct a specified amount of money to a particular organization or project in their home state or district. Ron Paul’s argument is that Congress has a responsibility to earmark every single penny, otherwise there is no accountability.

      Ron Paul: “I have never voted for an earmark. I voted against all appropriation bills. So, this whole thing about earmarks is totally misunderstood. Earmarks is the responsibility of the Congress. We should earmark even more. We should earmark every penny.”

      Above quotes from an interview Neil Cavuto on Fox News: http://goo.gl/daX7g

  • OWS

    ALMOST ALL THOSE IN WASHINGTON IS ON THE TAKE, THAT’S THE ONLY WAY THEY CAN WIN AN ELECTION. IT TAKES A LOT OF COURAGE FOR RON TO GET UP THERE AND SAY THAT. I DON’T SEE ANY OTHER POLITICIANS STEPPING UP. AFTER ALL WE KNOW OBAMA IS A F’ING HUGE SELL OUT ALONG WITH BOTH BUSHES, REGAN AND CLINTON. WHY NOT SEE WHAT HE IS MADE OF.

  • M

    It could also be that, as Chomsky and others have said, “crony capitalism” is superfluous, and we’re actually seeing the social and economic manifestations of capitalism as a whole, in its late stages.

  • http://www.pennycapitalist.com Randy Cox The Penny Capitalist

    Our system and our people have grown confused. They think capitalism and free market are the same thing. As capitalism approaches the German National Socialist model crony capitalism rules and the free market is restricted.

 

 

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