Ruthless Capitalism Open Thread

From News Hounds, where they watch Fox News so we don’t have to:

Here’s some of the transcript, also from News Hounds:

Regular panelist Gary B. Smith argued for ruthlessness. “Most of the great successes of this country – product wise, service wise – came from not only business people unfettered by the government but ruthless businesspeople.” He cited Thomas Edison, the Wright Brothers and Disney. Then, noting the success of our defense industry, he added, “Why? Because we have ruthless contractors out there that are coming up with this innovative product so they can make millions of dollars. It has nothing to do with government mandates.”

“More ruthless capitalism!” said brother Tobin Smith.

Guest Todd Schoenberger said this:

“Here was a man (Jobs) who was hungry. Here was a guy who actually grew up poor. He would have to take sodas to soda bottlers to take the deposit money to go feed himself. This was a guy that clearly, when he had a government out of the way, but he had to take that innovation because he was hungry. Edison, the Wright brothers, everybody that Gary B. was talking about, that’s because people are hungry. In America, people are not hungry anymore because the government is subsidizing them…that’s the problem.”

Wow! And they even left out the part about those Chinese torture chambers factories where they make the products that made Steve Jobs wealthy.