Obama’s manufacturing czars: Crony Capitalists

Published December 13, 2011 5:00am ET



When President Obama thinks of businessmen, naturally, he thinks of those of who make their money by partnering with government and eschewing the free enterprise thing.

That’s why Obama’s jobs czar is Jeff Immelt, who heralded government’s role as an “industry champion,” and whose company, GE, spends more on lobbying than any other company while profiting from subsidies, bailouts, mandates, and regulations in industries ranging from embryos, to trains, to methane, to windmills.

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