You get a kleptocracy the likes never before seen by man.
You get trillions and trillions stolen from the people.
You get Halliburton and Goldman Sachs as the two biggest beneficiaries.
And you get a world ravaged by economic misery and unending warfare.
Thank you, voters of America, for going along with the plan.
A kleptocracy is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population.
A kleptocratic government often goes beyond mere cronyism and nepotism, or awarding the prime contracts and civil service posts to relatives or personal friends rather than the most competent applicants.
They also create projects and programs at a policy level which serve the primary purpose of funneling money out of the treasury and into the pockets of the executive with little if any regard for the logic, viability or necessity of those projects.
September 21, 2008
So what do you get when you put the CEO of Halliburton and the CEO of Goldman Sachs in charge of the country with the biggest access to debt?
Posted by blogger at 9/21/2008