![\"\"](\"https:\/\/wp-media.patheos.com\/blogs\/sites\/85\/2012\/01\/Ben-Stein-Ferris-Bueller.jpg\" "\\"Ben")
<\/a><\/p>\nWould that really surprise you if I said that one of the reasons why I am Catholic is because of Crony Capitalism? Well it shouldn\u2019t, if you think about it. Perhaps you haven\u2019t read Caritas In Veritate<\/a>, or looked into the the Social Doctrine of the Catholic Church. Maybe you skipped over all of those posts I wrote when I was being a Rand Buster\u2122<\/a>. <\/p>\n The truth is, Catholic thought on economics shines a very harsh light on the economic system in place today in our country. That\u2019s because it isn\u2019t one based on free markets and free enterprise any longer. Hadn\u2019t you noticed? And I\u2019ll put this to you bluntly too: I\u2019m a citizen of the United States, but not a supporter of The Thing That Used To Be The Free Enterprise System. So in the free market of ideas, when I discovered the thoughts of the Catholic Church on economics, another light went on and I knew I was home.<\/p>\n So I\u2019m going to do something foolhardy now, dear reader. I\u2019m going to post an hour long video from the eevil librul (I haven\u2019t trademarked that yet, but I might) named Bill Moyers<\/a> from his show which aired on the PBS affiliate in my area this evening. It\u2019s all about Crony Capitalism<\/em>. What it is, and how over the last 30 years<\/a> our system has morphed into this crazed monster that is no longer recognizable as the economic system we used to have in the United States. <\/p>\n In the show, Mr. Moyers interviews David Stockman. Remember him, Bueller? His ideas were called \u201cvoodoo economics\u201d by President Bush I. He was Ronald Reagan\u2019s \u201csupply-side\u201d economic advisor back during the glory days of It\u2019s Morning in America<\/a><\/em>. Mr. Stockman lays it all out in this interview, so if you think Ron Paul is crazy<\/a>, he\u2019s starting to have some really good, and crowded, company. Especially when Stockman notes that the high-end mucky-mucks running the financial show in the Obama Administration are the poster children of Crony Capitalism. Shocking (um, Not!). But the real eye opener is when he blasts the Federal Reserve System and its machinations to try to heal our system with the drugs of cheap money instead of the radical surgery needed to save the patient.<\/p>\n Also interviewed in the show is author Gretchen Morgenson, who will warn us that the Obama Administration has also done nothing to prevent another meltdown like the one we experienced over the last several years from happening again. Obviously, not many folks have been prosecuted or jailed for what took place. Fannie Mae and Freddie Mac figure prominently in her discussion with Moyers too, and seeing how the winner of the South Carolina Republican Primary, Newt Gingrich, was all eat up with Freddie Mac lobbying money<\/a>, you might think twice about jumping on his bandwagon.<\/p>\n So sit back, relax, grab a beer, and some popcorn, and watch the surreal experience of Moyers explain why he no longer identifies with being a Democrat, and David Stockman saying the same about the Republican party. See, they didn\u2019t say it but it\u2019s because the Demoblican\/Republicrat Juggernaut is not the parties that they recognize any longer. Neither do a lot of us, at home and abroad<\/a>. That\u2019s because it is the Plutocracy Party.<\/p>\n Happy learning!<\/p>\n