Friday, January 20, 2012

Mitt Romney Says He'll Stuff Capitalism 'Down President Obama's Throat'

Mitt Romney Says He'll Stuff Capitalism 'Down President Obama's Throat'

To be clear, what Mitt Romney is defending isn't capitalism. It's financialism. Here's a good summary of what financialism is:

“…financial instruments become progressively further removed from their role in supporting commerce in the real world and develop a life of their own, a weird shadow dimension, a hall of mirrors, a distorted alternate reality that intersects and reacts with the real economy in unpredictable and destructive ways.”