more gubymint please...it just never ends

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MarkM's picture
MarkM
Status: Platinum Member (Offline)
Joined: Jul 22 2008
Posts: 837
more gubymint please...it just never ends

The corruption just never ends.

On SolarReserve's website is a list of "investment partners," including the "PCG Clean Energy & Technology Fund (East) LLC." As blogger American Glob quickly discovered, PCG's number two is none other than "Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi, the Minority Leader of the United States House of Representatives."

http://www.weeklystandard.com/print/blogs/crony-capitalism-737-million-green-jobs-loan-given-nancy-pelosis-brother-law_594593.html

xraymike79's picture
xraymike79
Status: Diamond Member (Offline)
Joined: Aug 24 2008
Posts: 2040
Crony Capitalism

 Looks like more crony capitalism/corporatism.

Big Government and Big Corporations are intertwined; thus any talk of reducing government without addressing the undue influence large corporations wield is a nonstarter. Large corporations would simply have less lobbying to do with a smaller and weaker government. If you don't deal with the corrupting effect of corporate money in politics, then the problems of unfettered, unregulated free-market capitalism will continue unabated.

DK and others have done a good job in explaining this conundrum.

agitating prop's picture
agitating prop
Status: Platinum Member (Offline)
Joined: May 28 2009
Posts: 854
 Corporations and govts are

 Corporations and govts are conjoined conjugally with corporations on top. Or, governments are the shadows cast by big business. Forget who said that, but it's good quote. Was it Mencken?

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