Posted by
OldRelayer on Thursday, May 14, 2009 2:53:38 PM
It has bothered me for some time. Why do big capitalist support the left? It just didn't make any sense to me. Then I read Shadows of Power where something clicked for me. Sure small time business loves the free market place but huge businesses despise it, these little guys are always a thorn in their side, Microsoft is always being sued by some small company because of un fair practice. There was an interesting quote from one of IBM's high officials about microsoft, he said they still act like a struggling small company where they can get away with ruthless tactics. So why do Warren Buffet, Bill Gates, The Rockerfellers support the left? It is a simple concept but hard to get your brain around at first. What is the biggest monopoly, of course it is the federal government, if they some how manage and they have been trying since the Woodrow Wilson Presidency to completely control the government, they will have the monopolies they seek. I rattled that around in my head for while, although willing to accept it, but still in the back of my mind, was that the real reason?
Something happened this week that cemented the idea in my head as just about fact. It starts with a comparison between two large companies that took bail out money. One GM and the other GE capital. GM was not a supporter of Obama(although as we know the UAW was) and the Democratic party, GE on the other hand was a direct contributor in more than one way. Not only did they give to the campaign but they also own the TV networks NBC, MSNBC and CNBC. The later was probably more crucial to their present great situation as I will explain.
GE capital took $140 billion in bail out money, as far as I can tell GM took $13.8 billion it may be a little more than that it is hard to keep track, but in any event GE got around 10 times the amount that GM got. Was GE asked to reorgainize, were they asked to give back bonuses ala AIG, was the CEO asked to step down because of mismanagement, no to all, gee I wonder why?
Now what is an absolute collusion, GE with Intel as its partner is spending $6 billion of what I assume is our money in what they are calling health care innovation. What is really is, a big data base that will allow them to ration services for the government health care system of which they will be sole supplier, sounds like a monopoly to me. This is when it struck me, I think I have this figured out. I am betting Microsoft will never loose another anti trust suit and in fact no big donator will ever be a looser again. Look out for adds on GE owned media for how wonderful the work they are doing presumably in our behalf to improve health care. Folks health care isn’t broken, not to say there are not problems here and there, but wait until the government screws it up, you haven’t seen anything yet.