Wednesday, March 23, 2011

GE is Lining up to Get What Government is Handing Out

John Stossel on Corporate Welfare...

In America today, the biggest recipients of handouts are not poor people. They're corporations.

General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness. Before that, Immelt was on Obama's Economic Recovery Advisory Board. He's a regular companion when Obama travels abroad to hawk American exports. (Why does business need government to do that?)   [Read the full story here…]