Posted on 12/02/2009 6:19:12 AM PST by markomalley
Conservative author and columnist Tim Carney doesn't believe President Obama is a socialist, as do some other right-wingers.
Rather, Mr. Carney says the president better fits the description of a "corporatist" who melds big business and government together to create mutually beneficial relationships between political leaders and wealthy corporations that employ high-powered lobbyists to help them get richer.
Mr. Carney explains it all in his new book, "Obamanomics," which follows his first book, "The Big Ripoff: How Big Business and Big Government Steal Your Money."
"Obamanomics" has an entire chapter to devoted to the business dealings of General Electric, a powerful company that has also been singled out by other prominent media figures, such as Fox's "O'Reilly Factor" host Bill O'Reilly, for doing business with Iran.
Mr. Carney's complaint is that GE relies heavily on tax dollars for new business ventures. "General Electric is the prime beneficiary by far" of the Obama administration's efforts to boost the economy, Mr. Carney said, citing some of its various, newly created business efforts.
"Look at any major Obama policy initiative," he writes. "Health care reform, climate change regulation, embryonic stem-cell research, infrastructure stimulus, electrical transmission smart grids - and you'll find GE has a shop, angling for a way to pocket government handouts, gain business through mandates, or profit from government regulation."
(Excerpt) Read more at washingtontimes.com ...
corporatism = PC way of saying “fascism”?
Except without the benevolence?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.