Wednesday, November 26, 2008

Why Liberals NEED Capitalism too!

A good answer can be found here at Smart Money, the writer is Jonathan Hoenig, managing member at Capitalistpig Hedge Fund LLC.

In the article he writes, "The prosperity enjoyed in America over the years is a direct result of a commitment to capitalism, where yesterday's luxury has quickly become today's mass-market item. We become conditioned to new technological miracles being introduced on a regular basis in this country. It wasn't too long ago that simple email seemed a tremendous achievement. Now, spending just a few hundred dollars on a smartphone gives you the ability to manipulate and send text, audio and video literally from the palm of your hand. The same sort of advancement is seen in fields ranging from health care to home improvement"

Jonathan Hoenig is the 2nd recipient of the "Good Works" award.