{"id":11063,"date":"2012-05-23T14:20:52","date_gmt":"2012-05-23T19:20:52","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=11063"},"modified":"2012-05-23T14:22:00","modified_gmt":"2012-05-23T19:22:00","slug":"why-obama-should-be-attacking-casino-capitalism-both-romneys-bain-and-jpmorgan","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2012\/05\/23\/why-obama-should-be-attacking-casino-capitalism-both-romneys-bain-and-jpmorgan\/","title":{"rendered":"Why Obama Should Be Attacking Casino Capitalism — Both Romney’s Bain and JPMorgan"},"content":{"rendered":"

I was thinking that Robert Reich would be the perfect person to come up with a demonstration animation to describe vulture capitalism.\u00a0 I went to his web site to make the suggestion, and came across the interesting post, Why Obama Should Be Attacking Casino Capitalism — Both Romney’s Bain and JPMorgan<\/strong><\/a>.<\/p>\n

I wish President Obama would draw the obvious connection between Bain Capital and JPMorgan Chase.<\/p>\n

That way his so-called \u201cattack\u201d on private equity is neither a personal attack on Mitt Romney nor a generalized attack on American business.<\/p>\n

It\u2019s an attack on a particular kind of capitalism that Romney and JPMorgan both practice: Using other peoples\u2019 money to make big bets which, if they go wrong, can wreak havoc on the economy.<\/p>\n

It\u2019s the substitution of casino capitalism for real capitalism, the dominance of the betting parlor over the real business of America, financial innovation rather than product innovation.<\/p>\n

It\u2019s been terrible for the American economy and for our democracy.<\/p><\/blockquote>\n

It is nice to know that he is on the same wavelength that I am, or vice-versa.\u00a0 Independently, I have been writing furiously over the past few days on this very topic, trying to explain these very ideas.<\/p>\n

There are hints on his blog that he might even have already made the animation, I seek.\u00a0 Well, off to check those out.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was thinking that Robert Reich would be the perfect person to come up with a demonstration animation to describe vulture capitalism.\u00a0 I went to his web site to make the suggestion, and came across the interesting post, Why Obama Should Be Attacking Casino Capitalism — Both Romney’s Bain and JPMorgan. I wish President Obama […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-11063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=11063"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11063\/revisions"}],"predecessor-version":[{"id":11066,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11063\/revisions\/11066"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=11063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=11063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=11063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}