Sunday, May 31, 2015

Crony capitalism

Professor Robert Reich, former Labor Secretary, says crony capitalism is destroying our Nation and our economy. There's a $53 million annual City of St. Augustine budget, $25 million annual St. Augustine Beach City budget, $500 million annual St. Johns County budget -- no Inspectors General to root out waste, fraud, abuse, misfeasance, malfeasance, nonfeasance, flummery, dupery, nincompoopery, political patronage, no-bid contracts and other forms of crony capitalism.

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