[Wolfie]

I guess it keeps them from moving jobs overseas. Or not. Which is a good thing, or so the Free Traders tell me.

[Pecos]

Follow the money - The favors, of course, go those who are best at lobbying for them, those with connections and the means to make big campaign contributions. So the government pours billions of taxpayer dollars into wind farms that are half-owned ... by GE.

[Carley]

Stossel, an economic idiot for sure.

So he thinks businesses are greedy and corporations get welfare?

The buzz words are quite revealing.

[Daisyjane69]

and it might be about to get a little worse:

http://directorblue.blogspot.com/2011/03/crony-capitalism-digest-general.html

[Adder]

The free ride should be over for everyone. Corporations too.

Tell me again why we are subsidizing Big Oil? Big Pharma? Agriculture’s Mega Farms?

Those gimme’s too should be on the block.

Lefties have a point that we can’t balance the budget on the backs of the poor. I am sensitive to folks who truly need help. But GE isn’t one of those folks.

They say “if they could cure cancer they would have”. well Government has been throwing money at it and other diseases for a good 60 years and they haven’t done it either.
Government has been throwing money away period for damn little result.

[SonOfDarkSkies]

Not a good idea to set strategy for a huge corporation based entirely on where one administration wants to go. Administrations come and go...and this one can't go away quickly enough.

Furthermore, this administration has shown over and over again that its judgment is not just flawed but upside down.

GE's Board needs to make plans to replaced Immelt ASAP.

[sergeantdave]

Government control of private property, including businesses, for the common good, as determined by government, is fascism.

I wish people would use that word more. It’s a good word and an accurate reflection of what’s been happening in this country since FDR.

[MontaniSemperLiberi]

The recipients of the largest amount of Federal money are the elderly to the tune of $1,300 Billion for Social Security and Medicare.

[cripplecreek]

"These are large multinational corporations — Viacom, GE, Rupert Murdoch — that own these studios," said Moore at the Traverse City event. "Why do they need our money, from Michigan, from our taxpayers, when we're already broke here? I mean, they play one state against another, and so they get all this free cash when they're making billions already in profits. What's the thinking behind that?"

-Michael Moore just weeks before getting a million dollar subsidy to make "Capitalism, a love story", a movie inwhich he bashes capitalism and subsidies. LOL

[GeronL]

crony capitalism

end all corporate and agricultural subsidies

[Dudoight]

If only Jack Welch was still heading up GE...this Immelt fool is just an idiot. I think he is putting his eggs in the wrong basket.

[Condor51]

It seems to me that John Stossel's beef is with GE, but he won't specifically come out say it. He lumps it/them under 'Corporate Welfare'. One of the pinko-commie's favorite anti-capitalist memes.

But if I recall my American History correctly, if it wasn't for 'Corporate Welfare', aka: Deal Making with the FedGov, the USA's westward expansion into 'Injun Country' never would have happened (Or occurred as fast as it did).

That said 'Corporate Welfare' I refer to was with those *evil* Railroad Barons. And where those *evil* Baron's tracks were laid, towns, people and families soon followed. Additional 'Corporate Welfare' for the *evil* RR Baron's gave us the First Transcontinental Railroad and the 'Golden Spike' - which ended the race between the Central Pacific and Union Pacific railroads.

So come on John. If your beef is with GE man-up and fricken say it. Don't hide behind an ambiguous 'Corporate Welfare' rant.

[isaiah55version11_0]

Francisco's 'Money' Speech from "Atlas Shrugged"

“…when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.”

http://www.freerepublic.com/focus/f-news/2158115/posts

[KeyLargo]

I’m going to DVR Stossel tomorrow.

March 24, 2011 10:54 AM UTC by John Stossel
FREELOADERS: A John Stossel Fox News Special (10PM ET This Friday)

Some Americans actually make a living … begging for money. Professional panhandlers, they’re called, sometimes making more than $100 in a day. John Stossel tried it in Manhattan, and made over $11 in one hour—that would be $23,000 a year—tax free!

It’s a small example of why some said that the USA is turning into a nation of freeloaders. The Manhattan Institute’s Heather MacDonald says that beggars she’s encountered “have the most deep-seated sense of entitlement that I’ve ever come across.”

Read more: http://stossel.blogs.foxbusiness.com/2011/03/24/freeloaders-a-john-stossel-fox-news-special-10pm-et-this-friday/#ixzz1HYpQdINn

[WOBBLY BOB]

GE CEO: “We are all Democrats Now”

http://www.economicpolicyjournal.com/2009/11/ge-ceo-we-are-all-democrats-now.html

now I get what he meant! Charlie Rangel, Tim Geithner,
Tom Daschle...