Brian Defferding
08-26-2009, 09:10 AM
(swiped from Reason's blog)
Tim Carney at the Washington Examiner reveals an email from GE sent (http://www.washingtonexaminer.com/politics/How-GE-puts-the-government-to-work-for-GE-8154266-54820577.html) to its employees asking to support their Political Action Committee (PAC). GE spends the most on lobbying in America, more than any other giant corporation. Guess what they are looking for? If you think they are looking for deregulation and less taxes, think again.
The "intersection between GE's interests and the government's actions" is plenty crowded. GE is betting on climate change legislation, high-speed rail funding, electric car subsidies, embryonic stem cell grants, expanded federal health care spending, subsidies for renewable energy, defense contracts and continued financial bailouts.
GEPAC pays the tolls to make sure all this traffic gets through.
Will Obama and the Democrat Congress oblige GE in corporatism and big business favoritism? Already some Democrats are linked to GE's PAC, like that fuckhead Rangel.
Tim Carney at the Washington Examiner reveals an email from GE sent (http://www.washingtonexaminer.com/politics/How-GE-puts-the-government-to-work-for-GE-8154266-54820577.html) to its employees asking to support their Political Action Committee (PAC). GE spends the most on lobbying in America, more than any other giant corporation. Guess what they are looking for? If you think they are looking for deregulation and less taxes, think again.
The "intersection between GE's interests and the government's actions" is plenty crowded. GE is betting on climate change legislation, high-speed rail funding, electric car subsidies, embryonic stem cell grants, expanded federal health care spending, subsidies for renewable energy, defense contracts and continued financial bailouts.
GEPAC pays the tolls to make sure all this traffic gets through.
Will Obama and the Democrat Congress oblige GE in corporatism and big business favoritism? Already some Democrats are linked to GE's PAC, like that fuckhead Rangel.