The Spectacle Blog
Yesterday my American Tradition Institute colleague Chris Horner pointed your attention to the news that Duke Energy CEO Jim Rogers has backed a $10 million loan for the 2012 Democratic National Convention in Charlotte, in addition to taking on the task of raising $36.6 million for President Obama’s reelection party.
Today at the National Legal & Policy Institute blog I explain how Rogers is also trying to create a friendlier political environment in North Carolina, as well as redefining the president’s “crony capitalism” as “purpose-driven capitalism.”
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http://spectator.org/blog/2011/03/16/mr-roger-welcomes-dnc-to-his-n
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AnyoneButNewt| 3.16.11 @ 11:30AM
Will someone please explain to me how BP, GE, and now Duke Energy are so chummy with Barry, and none of the greenies on college campuses are questioning this? And how does the cost of energy necessarily skyrocketing help feed a hungry child? WILL SOMEONE PLEASE EXPLAIN THIS TO ME? And don't say "Bush did it."
Alan Brooks| 3.16.11 @ 7:35PM
And don't say " 'Bush did it.' "
Alan Brooks| 3.16.11 @ 7:40PM
.. YOU wrote it, defensively...
btw by your logic of disliking Obama so much, you might blame McCain; for if you had run a better candidate in '08, you wouldn't have Obama to kick around.
But you wont listen, you will continue to pour old Reagan wine into a new wineskin.
Pee Wee Herman| 3.17.11 @ 10:45AM
I know you are but what am I? Interesting how you won't defend Obama in your cute little rantette.
Pete| 3.16.11 @ 12:01PM
Those companies aren't named Haliburton? Just a guess.
Where the logic starts to make sense is when you realize that these energy companies would essentially become alternate tax collectors for the government. I suppose that by fleecing everyone this way, they have more of our money to spend on "insert PR approved cause" and the like. Clever, huh?
Now, why would the companies themselves go along with it? Like all "evil" corporations, they like profit, and the gov will give them a nice cut and insulate them from real competition. Cozy.
David W| 3.16.11 @ 12:56PM
This is why Government needs to shrink. The larger it is, the more influence it has. The more influence it has, the more the economic whores (like Rogers and Immelt) come to the White House to get favors and the more the economic pimps in Congress try to get money in return for selling out their constituents. Anytime the government and any organization (business, non-profit) get together and agree on something, you can be guaranteed of the following:
1) your taxes will be spent on something frivolous,
2) the products/services you purchase will cost more (even if the organization is non-profit, some how some way a product or service you buy will end up costing more or something else will be dragged down into the gutter).