I'm just challenging the contention that Bush isn't a savvy capitalist.

Other not so credible hard money lenders acquire them from investors like you that are under capitalized going into their deal, borrow too much money from the lender at terms that they find themselves unable to repay timely, and the lender forecloses on the property and the investor loses it.The beauty of the capitalist environment we all enjoy in the USA is that there are an abundance of different service providers in this hard money space, with a vast number of  different programs and terms available. 

I saw this in my market prior to the crash, people overpaying for rentals because of the booming market...however that was not a cause of the crash it was merely a symptom of the conditions that caused the crash - unregulated(forgive me capitalists ;) ) easy money(simplified, but accurate) far and away #1 was the cause and on a much, much smaller scale local overspecualtion(your point here, but really much more on wall street than rental owners)...people are overpaying right now that has happened before...but what we do not have is the incredible number of bad loans and unqualified buyers we had that precipitated the crash.

The people who are the ‘targets’ of everyone’s outrage are eating this up, and most likely allowing and encouraging this, because it takes peoples attention away from the one thing that actually matters in a capitalist society.

The following are the factors that, in my experience, are most likely to lead an entrepreneur to form a corporation rather than an LLC:An expectation that outside funding will be sought, especially from institutional investors (venture capitalists, in particular, tend to invest only in corporations).

It's certainly a measurement of SOMETHING, but absolutely not success.in a capitalist market, it's certainly an easy metric to compete for.

Venture Capitalist ofter market to start up companies but in fact no one will ever invest in a complete start up where a person has nothing but an idea.

Greed is the driving force behind a capitalistic society and the ebb and flows are natural business cycles which are inherent in expanding economies.

So the end result is that the socialists make the poor poorer and they subsidize the rich capitalists through inflation.And whose fault is this? 

The current mess we are in is due largely to the government trying to manipulate the market place by lowering lending standards.If the US is really a FREE ENTERPRISE and CAPITALISTIC Economic system, then let that system work.