While the oil and gas companies are bearing the brunt of taxation, regulation and environmental angst, others are doing just fine, thank you. If you think cap-and-trade is dead, just follow the money.GE gets subsidized by U.S. taxpayers and now wants to loot them further. No word yet from Chris Matthews on this one.
According to a recently released Center for Responsive Politics review of reports filed with the U.S. Senate and U.S. House, General Electric and its subsidiaries spent more than $9.5 million on federal lobbying from April to June — the most it's spent on lobbying since President Obama has been in office.
Sunday, August 01, 2010
GE-Climate Profiteers
IBD reports: