17 August 2011 0 Comments

Big Business Is Not The Forgotten Taxpayer’s Friend Part 7: Obama Immelt Billions of Taxpayer Dollars

GE’s CEO Jeffrey Immelt  and America’s President Obama’s antipathy to free markets Timothy Carney of the Washington Times. GE’s CEO Jeffrey Immelt teams up with America’s President Barack Obama with billions and billions of dollars of subsidies and bailouts, and rigged regulations and mandates favorable to GE’s financial interests. Another description for this relationship is Corporate Socialism, or, less technically, Corporate Welfare.

 

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