Lies, Damned Lies, and Crony Capitalism

Jeep China

Chrysler wrote a letter during the fall presidential election denying plans to make jeeps in China. The Romney ad that claimed as much was then branded a lie.

In the article below, the CEO of Chrysler says that ” we tell the truth” but that the Romney ad wasn’t “phrased” right. Translation: it wasn’t completely accurate so it could be denied out of whole cloth. Chrysler also gave employees a day off on election day to be sure they voted for President Obama.

Lying is the coin of the realm in crony capitalism. It is a system that doesn’t just corrupt the economy. It corrupts morals in general.

Click here for the story.