No mention of the huge payoff to GE by Obama using the TARP bailout money despite the fact the money was meant for banks. GE “somehow” managed to convince the administration it was a bank. GEe, wonder how that happened. Not only did GE get more TARP money than any other business but they were exempted from the regulations that went along with accepting the TARP funds. And now Immelt is head of the Obama “jobs” council. Too cozy by far. Congress needs to investigate.
GE has its own political action committee, GEPAC. Follow the money.
‘public-private’ partnerships reminds me of the FDR era that promoted central planning.