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Barack Obama loves corporations, so much so his takes donations from them. Then they lobby for him. Then when he needs cover, they meet with him to prove he loves corporations.
"Honeywell International CEO David Cote said after the meeting, “Government is the enabler of business…Government and businesses need to work together.”
What Cote did not mention is that his company has already been working closely with the Obama Administration, and was a major beneficiary of the Recovery Act — as were many of the other companies represented. According to Recovery.gov, Honeywell received over $44 million in grants from the Department of Energy (DOE) for renewable energy initiatives.
Honeywell also raked in more than $24 million in a variety of different government contracts from agencies like the National Aeronautics and Space Administration (NASA) and the Department of Defense."
"Also notable is the fact that many of the corporations represented – General Electric (GE), Duke Energy, NextEra Energy, Dow Chemical and PepsiCo – are current members of the U.S. Climate Action Partnership (USCAP).
USCAP is a lobbying coalition of businesses and environmental groups that lobby heavily for energy legislation like cap and trade. USCAP, in fact, takes credit for getting the recent Waxman-Markey bill passed in the House last year.
NextEra and Duke also received about $200 million apiece from the DOE to develop a smart grid – a popular idea among environmentalists pushing for more energy efficient products "
President Reagan talked about welfare queens. These are welfare queens, corporate welfare queens. General Electric received a $16 billion bailout and tens of billions of government contracts.
The bigger question is who is the Big Dog--the Corporate Welfare Queens or Obama?
More...
"Honeywell International CEO David Cote said after the meeting, “Government is the enabler of business…Government and businesses need to work together.”
What Cote did not mention is that his company has already been working closely with the Obama Administration, and was a major beneficiary of the Recovery Act — as were many of the other companies represented. According to Recovery.gov, Honeywell received over $44 million in grants from the Department of Energy (DOE) for renewable energy initiatives.
Honeywell also raked in more than $24 million in a variety of different government contracts from agencies like the National Aeronautics and Space Administration (NASA) and the Department of Defense."
"Also notable is the fact that many of the corporations represented – General Electric (GE), Duke Energy, NextEra Energy, Dow Chemical and PepsiCo – are current members of the U.S. Climate Action Partnership (USCAP).
USCAP is a lobbying coalition of businesses and environmental groups that lobby heavily for energy legislation like cap and trade. USCAP, in fact, takes credit for getting the recent Waxman-Markey bill passed in the House last year.
NextEra and Duke also received about $200 million apiece from the DOE to develop a smart grid – a popular idea among environmentalists pushing for more energy efficient products "
President Reagan talked about welfare queens. These are welfare queens, corporate welfare queens. General Electric received a $16 billion bailout and tens of billions of government contracts.
The bigger question is who is the Big Dog--the Corporate Welfare Queens or Obama?
More...