The definition of CRONY CAPITALISM/NEPOTISM…

Does anyone else find this absolutely DISGUSTING???

Here is the definition of Crony Capitalism from Wikipedia:

“Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. ”

“It is also used world wide to describe virtually any governmental decisions favoring “cronies” of governmental officials. ”

Here is the definition of Nepotism from Dictionary.com:

“nep·o·tism

/ˈnɛpəˌtɪzəm/ Show Spelled [nep–uh-tiz-uhm] 

noun

patronage bestowed or favoritism shown on the basis of family relationship, as in business and politics: She was accused of nepotism when she made her nephew an officer of the firm.”

In case you have missed the story here is a start by the Washington Examiner:”

“Jay Carney: Joe Biden’s son accepted position with Ukrainian gas company as ‘private citizen'”

““Hunter Biden and other members of the family are obviously private citizens and where they work is not an endorsement by the president or vice president,” he said.”

OK Jay, whatever you say. 

My opinion: There is NO WAY that Hunter, who has NO experience in oil and gas, gets a board seat if he is not related to the Vice President!!! 

And here are the pictures that need to be posted on both of these definitions

 

crony capitalist

 

crony capitalist

Vice-President Joe Biden

Vice President’s Son Hunter Biden

Hey Jay, I hear that Saddam might be looking for someone to replace Baghdad Bob……you might be overqualified though…

P.S. – What would Dimmocrats say if the offspring of a Republican Vice President got “appointed” to an oil company board during a “war”???  The silence is deafening!!!

 

 

Tags: crony capitalism, democrat, hunter biden, jay carney, nepotism, obama, Vice President Joe Biden