I love this story:
“The alleged purpose of Tea Party HD was to be the ‘world’s first HD provider of news about the Tea Party,’” the lawsuit states. “In reality it was an investment scheme to defraud politically conservative-minded citizens who support the Tea Party mission.”
Hard core Tea Partiers dream of a world of unfettered enterprise and no government regulation, a free market paradise where savvy investors make their fortunes on good ideas and stupid people are left with only the ashes of their own failure. Somehow in their imaginations they always end up the winners, triumphing over the less capable by virtue of their superior minds. In reality, not so much.
Investors in "Tea Party HD" not only used their genius insight to fund a straight-up fraud, once they found out they took their complaints to the taxpayer-funded justice system to cry like little babies. Ayn Rand would be spinning in her grave.
Here's the lesson. In reality a political system dominated by private enterprise is going to produce scam after scam, corruption after corruption. Capitalism is the best system ever invented for separating fools from their money, and people who believe they are smarter than everyone else end up being the sucker most of the time.