Skip to comments.Video: The Crony Olympics
Posted on 07/30/2012 2:35:57 PM PDT by wewillnotcomply
Can you imagine if the Olympic races were determined not by how fast the runners were, but instead how well they knew the referees? Thats what cronyism does: it means that companies can be successful by being friendly with government instead of by serving their customers.
This video shows what a crony Olympic race would look like:
That’s somewhat the case in sports like gymnastics. Competitors have to go to meets in Europe to get to know the judges.