Why Talk About Corporatism In the Abstract

Considering the behavior of \Obama's supporters, you'd think he was Prince CHARLES at the Friendship Expo. Considering you still spell your name, "grrl", you tell me?

Tookie, objecting to croynism in DC is like objecting to water because it's wet. Pointless.

Of course the spiel is all hypocrisy. Does anyone over the age of Teletubbies truly believe this is a special performance of Mingus' The Black Saint and the Sinner Lady?

webgrrl,
I'd expect that sorta horseshit outta a GW sycophant, but Obama is the candidate of hope and change<tm>. Will wasn't critiquing the ability to make a deal happen on its own merits, but rather cronyism. Using your connections in the business world is fine cause people can stop buying your crap. Yet whether we like it or not, we're all subject to gov't rule and taxation.

I'm sorry to interrupt the politics of envy here WW. But seriously, life is unfair and DC sucks. Everyone there is a seat-warmer waiting to cash in. Since the time of oh, John Adams' presidency, was it ever any different? DC is a fetid, overpriced swamp that gives its residents greed fever.

As for the amount of money Rahmbo made, look at the time period. Before the dot-com crash, he worked at an investment bank and made it nearly all the way towards the FU nut. What's abnormal about that? In fact, that he didn't make it all the way to the nut in nearly 3 years is kinda disappointing. It wasn't unusual for guys in these positions to completely retire at age 35, after all. A friend of mine managed this feat himself actually as late as 2007 just before Bear felt the trap.

We're talking about the good old times when a standard holiday bonus was 5 triple-large, after all. He appears to have successfully executed deals, so of course he made beaucoup. Sheesh, even I came out of that with cash. You'd have to be an idiot not to, since as everyone remembers, money was being tossed everywhere with wild abandon.

I don't care if you have an MBA or an MRS. All we ever care here in finance is if you can do the deal, make the rain. He did that, and that was value. Welcome to sales, where social networking is key.

I am certain that were Mr. Emanuel about to become the Chief of Staff for a Republican president rather than a Democratic one, he would suffer a media scrutiny that would make Ms. Palin's ordeal resemble a lovefest.
It is reminiscent of your recent post "Politics ain't policy". My favorite Merriam-Webster definition of politics? "The art or science concerned with winning and holding control over a government".
Perhaps the Obama slogan could be "Do as I say, not as I do".

our will is an awsome will!

dude, you have been cracking me up for about two weeks now. its like crack.

funny and totally unsurprising. Many Dem voters confuse their common desires with the record and agenda of the actual people in charge of their party.

Like Kling said here:

Anyone who claims to oppose crony capitalism is a baptist. A crony capitalist is a bootlegger. The problem for Republicans is that if they make friends with bootleggers, then they get accused by Democrats of being crony capitalists. On the other hand, when Democrats make friends with bootleggers, including Freddie Mac, Fannie Mae, Goldman Sachs, George Soros, and Warren Buffett, they are immune from charges of crony capitalism.

So, the Democrats get most of the baptists--the people who say they want to rein in corporate power--as well as plenty of bootleggers. On top of that, they have the minorities.

It's true. Teapot, meet Kettle. The contradiction with the GOP is easy to see. The equally egregious contradiction on the Dem side slips through the cracks and nobody really notices. What's worse is that the Dems are very successful in adding anti-crony capitalist voters to their ranks....even though they are full of crony-capitalists in their leadership and power positions.

Kling is right, a successful political party true to the idea of being against crony capitalism just isn't going to happen.

So what are we supposed to do? Oh well.