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America — the heart of crony capitalism

There are a bunch of wellheeled insiders getting rich in the nation’s capital city, according to a Nov. 18 article in the St. Louis Post-Dispatch, headlined: “D.C. awash in contracts, lobbying wealth.”Here’s the third paragraph from the Dispatch story to get a feel for what’s happening in Washington D.C.: “The winners in the new Washington are not just the former senators, party consiglieri and four-star generals who have always profited from their connections. Now they are also the former bureaucrats, accountants and staff officers for whom unimagined riches are suddenly possible. They are the entrepreneurs attracted to the capital by ...

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