Townhall Columnist:

Tim Carney:  Government Electric

Editor’s Note: Considering President Obama’s recent decision to tap GE CEO Jeffrey Immelt to head a new Council on Jobs and Competitiveness, we thought our readers might be interested to read a piece on General Electric’s cozy relationship with the Obama White House from the October 2009 issue of Townhall Magazine. To order Townhall Magazine, click here.



Barack Obama rose to office promising to take on the “special interests.” But there may be no “special interest” quite as special and quite as well connected as General Electric.

The company spends more on lobbying than any other corporation. GE’s CEO has a weekly phone call with a top economic policy official in Obama’s White House. GE, of course, also owns three television stations, including one -- MSNBC -- that has been famously supportive of Barack Obama.


READ THE ARTICLE:  http://townhall.com/columnists/TimCarney/2011/01/25/government_electric