June 17, 2013

On the corporate cronyism of the Obama administration…

GE's not paying any taxes on $5 billion of profit. They found a way to profit from being involved in government, and it's not just GE. More and more corporations are profiting from being involved in government. Being involved in the EPA, being involved at the Department of Agriculture. So the old idea that big money corporations or Wall Street want nothing to do with big government because it's an obstacle, has gone out the window. It's now just the exact opposite.