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Entries in Franklin Crony Capitalism (2)

Monday
Jan142013

Franklin’s Leaders, Cowering Behind and Under Their Desks Over New Sewer Tax?

The Daily Reporter notes “They  might be difficult to see, but those are Franklin’s leaders, behind their desks, cowering.”

Tuesday
Dec132011

Occupy Wall Street Movement and Capitalism: One Professor’s Response

A free market response to OWS, Revealing both common ground and differences.

One could say that the Occupy Wall Street (OWS) crowd has some valid frustrations, but are these misguided protesters aiming their anger and accusations in the wrong direction?

Economics Professor Chris Coyne draws the clear cut distinctions between crony capitalism, which has infested, thanks to city learders, the City of Franklin for years and years and years, through companies like GRAEF, O’Malley Development, LLC, The Carstensen Group (which recently made headlines in the Milwaukee Journal Sentinel), to name just a few.  Crony capitalism is government favoritism fueled by handouts and is responsible for the so-called "plight" of the 99%. Legitimate capitalism, on the other hand, uses competition to align consumer and producer interests and serves to improve everyone's standard of living.

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