AARP Sells Out Members for a Billion Dollar ObamaCare Kickback

AARP has taken the art of wealth redistribution to a new level. Take from the old, as in $500 billion in Medicare cuts that AARP pushed for in its stalwart support of Obamacare, and give to—you guessed it—AARP, in the form of a cool billion dollars it stands to gain from the legislation.

But in this age of increased awareness of government corruption, where the old media no longer controls the narrative, the sheer audacity of AARP’s appalling behavior is not going unnoticed. Mike Flynn of BIG GOVERNMENT writes all about it here and you can read the report released today by the House Ways and Means Committee.

The extent to which AARP has been aligned with Obamacare—in direct opposition to the interests of its members—has shamed the organization, done irreparable damage to its once strong brand, and has even raised legal questions as to its tax exempt status.

“Green Energy” Scam Help Bring GE Taxes to Zero

The NY Times Reports...

General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion. That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E.  [Read the full story here…]

Government Motors -- a Failed Intervention

From BIGGOVERNMENT.COM
The Obama Administration has proclaimed TARP and the subsequent bailout for General Motors a great success. US Treasury Deputy Timothy Massad recently said, “Where we are today shows that the program, by any reasonably objective measure, was a success.” But is GM, now much derided as “Government Motors” the success that Obama says it is? Facts don’t argue in Obama’s favor.

First of all, we must dispense with the whole idea that a benevolent Obama played sugar daddy to “save” GM and did so without too much meddling with the company. Despite the claims that it is “back” and back in private hands, We The People still own 33% of GM. But government ownership is deeper than the a mere calculated percentage. You see, GM’s Board and its CEO were all placed in their positions by Obama, his czars and advisers. Worse, none of them have any experience at all in the auto industry.
[Read the full story here]

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…]