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KLAVAN: Picking Losers, Why Cronyism Isn't Capitalism

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Published on Oct 29, 2012

Mitt Romney said President Obama's cronyism isn't about picking winners and losers, it's about picking losers. But what is cronyism? And why are taxpayers the real losers?

Andrew Klavan explains.

Get regular doses of Andrew Klavan at www.AndrewKlavan.com.

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