President Barack Obama Message Board

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Politics : President Barack Obama

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To: geode00 who wrote (50126)	2/7/2009 3:40:35 PM
From: koan	Read Replies (2) of 149317

<< We have been confusing corporate feudalism with capitalism. Capitalism would not pay the head of GM, the loser of some $75B one red cent and would boot him out on his head. Corporate feudalism pays as much as the Board thinks is possible without causing a shareholder or public riot.<< Very good. I saw it as in a sense replacing democracy with capitalism. But I like the "corporate feudalism" idea. Exactly.

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