Obama puts another Fox in the Hen House.The alliance between Big Money, Big Business and Big Government is something I will be giving a hard look over the coming a year. Two great pieces. First, Tim Carney on Obama and Immelt:
Subsidies are GE’s lifeblood, and Immelt’s own words make that clear. In his op-ed announcing his appointment, Immelt called for a “coordinated commitment among business, labor and government,” and wrote that, “government should incentivize … investment in innovation.” He also advocated “partnership between business and government on education and innovation in areas where America can lead, such as clean energy, are essential to sustainable growth.”
Some day America must wake up to this coup.
The question is when and will it be too late? Ever hear of Egypt?
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