This week, Sarah Palin gave a terrific speech in Indianola, Iowa. In it, she tore into the Washington political class. Men and women in government get wealthy by "bail(ing) out their friends on Wall Street and their corporate cronies...reward(ing) campaign contributors...buy(ing) votes via earmarks...And there is a name for this: It's called corporate crony capitalism...It's the collusion of big government and big business and big finance to the detriment of all the rest -- to the little guys." This "crony capitalism," Palin said, is "not the capitalism of free men and free markets." It is the "crony capitalism that destroyed Europe's economies."

In general, she's right. But on one particular -- her terminology -- she is dead wrong.  Click here to read more.