The RNC's Empty Rhetoric on Combating Crony Capitalism
Tim Carney isn't a fan of the RNC's new report. As he points out, the GOP would never support caps on executive compensation. We also won't be supporting increasing the minimum wage any time soon. So what are some real ideas for combating crony capitalism? Carney lists a few at the Examiner:
Break up big banks, abolish the Export-Import Bank, replace corporate tax carveouts with across-the-board cuts, unwind Fannie Mae and Freddie Mac, oppose all future bailouts, end the sugar program, end the ethanol mandate, kill oil subsidies… just to name a few.
Alternatively, just keep griping about Solyndra and saying the words “crony capitalism!”