Obama has gotten support from the NBC networks both pre-election and post-election.
O’Reilly said. “According to reporting by the Washington Examiner, GE is heavily lobbying the Obama administration for bailout money. The company is also pushing for the proposed cap-and-trade program. Apparently GE has set up a joint venture it hopes would manage billions of dollars in cap-and-trade transactions should that corporate carbon tax pass Congress.”
“Now think about this ladies and gentlemen a failing corporation, General Electric might reap billions of dollars if the Feds OK the carbon deal,” O’Reilly said. “By the way, GE is already getting taxpayer bailout money for its financial unit. So it’s not a stretch to assume Immelt would want to help President Obama as much as possible.”
According to O’Reilly, the level of corruption is so big, it stands to make Watergate look small.
“This is obviously a major story when a powerful corporation, which controls a major part of the American media, may be using its power and the airwaves to influence politics, in order to make money from government contracts,” O’Reilly said. “That kind of corruption would make Watergate look small. We hope it is not true.”
With this story breaking and the waterboarding issue there could be a really messy Obama administration breakdown!