According to the Washington Post (LINK):
General Electric, the world’s largest industrial company, has quietly become the biggest beneficiary of one of the government’s key rescue programs for banks.
At the same time, GE has avoided many of the restrictions facing other financial giants getting help from the government.
The company did not initially qualify for the program, under which the government sought to unfreeze credit markets by guaranteeing debt sold by banking firms. But regulators soon loosened the eligibility requirements, in part because of behind-the-scenes appeals from GE.
Let’s see…GE owns NBC. NBC kisses Barack’s back side. GE runs green week on NBC (green as in money?) GE stands to make billions from Cap & Trade.
This GE-Obama connection is getting out of hand.
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