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Posts tagged: cronie capitalism

Gookin Describes ‘Crony Capitalism’

Coeur d'Alene TV Channel 19 provides an interesting video 4:45 minutes in length in which LCDC executive director Tony Berns and anti-LCDC Coeur d'Alene Councilman Dan Gookin discuss urban renewal philosophies. To Gookin's credit, he admitted that he supported urban renewal money for infrastructure at Riverstone and the Education Corridor — and that LCDC had been “more focused” on correct things in recent years. Toward the end of the video, Gookin is challenged by Councilman Mike Kennedy after he uses the term “crony capitalism” to describe some of LCDC dispersals. Gookin stands pat, stating: “Giving public money to people who already have a ton of money is crony capitalism.” Enjoy:

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D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

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