When the government steps in to bail out General Motors or when it funds failed green energy companies like Solyndra, it's the American taxpayer who picks up the tab.
Capitalism is generally defined as a system of free markets. But conservative author and commentator Jason Mattera has coined a new term to describe those millionaires who make or enrich their fortunes at the expense of the taxpayers.
He calls it "crapitalism" and it's the title of his new book, Crapitalism: Liberals Who Make Millions Swiping Your Tax Dollars.
From corporate welfare to government bailouts, Mattera names names and gives details on those who scheme to line their own pockets while you foot the bill.
From well-known politicians and members of Congress to famous filmmakers and entertainers, Mattera pulls back the curtain to reveal those whose riches have come not by old-fashioned free market capitalism, but by the worst kind of crony capitalism.
Jason Mattera will talk more about his book and how liberals are getting rich off of American taxpayers, on The 700 Club, Tuesday, Oct. 14. Click play for his comments.
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