Thursday, 4 August 2011

Cronny Capitalism In America

Fiscal Indulgences, The Economist.

An article related to America's Fiscal Policy which enacts tax expenditures which favors certain industries, sub-industries, corporations and individuals, being compared to the church's practice in selling indulgences.

I thought only Asians practiced cronny capitalism?

Well, at least thats what the Western Media  taught me.

What a joke.

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