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crony capitalism at it's best

Tam

Well-known member
January 14, 2010 - 13:22 ET


John Stossel, tonight at 8:00p ET on the FOX Business Channel

GLENN: I want to go right to John Stossel who has crony capitalism that he is exposing on his program on FOX. ----snip -----

Glenn: I'll tell you, this is ‑‑ I've been watching you develop this story here and you're going to break the news today and do the whole story. This is ‑‑ this is one of the more amazing stories and it's hard to amaze me now, but this is one of the more amazing stories about what our country and what our government has turned into and there is no fear of getting caught, it seems, because this one's easy to put together. Tell us what you found.

Stossel: We found that there are ‑‑ the window business is suffering, like many, in this recession and Anderson is suffering, Marvin, Elaine, but this one little company that's doing really well. Gee. Why? And suddenly we find the Vice‑President shows up at the company to plug it and the President mentions the company by name and last week they get a special tax credit that goes to no other window company.

Glenn: Okay. Hang on just a second. Wait, wait, wait. The Vice‑President was there? The President mentions them by name. Have they mentioned, like, pal low windows?

Stossel: Never. Never mentioned any other window company.

Glenn: Well, they must be making something special?

Stossel: No. They have good windows, apparently, but no evidence that they have anything superior.

Glenn: There's no special green anything in these windows?

Stossel: Oh, they all claim to be green and they're getting green money.

Glenn: Uh‑huh.

Stossel: Subsidies for weatherization.

Glenn: Subsidies for weatherization. Oh, because we're all keeping our homes warmer without using as much heat because we have these great windows

Stossel: Well, the Anderson windows would do that, too.

Glenn: There's not some sort of special weather stripping on these windows or anything?

Stossel: Not that I know of, not that we could find.

Glenn: Uh‑huh. So, what did you find?

Stossel: We found that the head of the weatherization department of the Department of Energy is sleeping with the vice‑president of policy for the company and that the company gives money to the Obama campaign.

Glenn: Yeah, but what did you find that would be incriminating? What did you find that might lead someone to believe there was something, you know, sleazy going on?

Stossel: Hello?

Glenn: (Laughter.) John, how can ‑‑ I mean, the arrogance of these people astounds me, that they just don't care. I mean, how hard is it to figure out, because they're not just sleeping together. They're married, right in

Stossel: Yes. They're married.

Glenn: Yeah.

Stossel: I misspoke. I don't know that they're sleeping together. Some married couples don't, but they are married.

Glenn: So, they have ‑‑ they're married and she is ‑‑ she oversees, like, the weather stripping stuff, right?

Stossel: Right.

Glenn: So, she would be the one that would ‑‑ what's her job exactly?

Stossel: Well, whoever knows what exactly these jobs are, but she's in charge.

Glenn: What's it supposed to be?

Stossel: Giving out all this money for weatherization, giving out tax credits, giving out stimulus funds. I have a list of her jobs somewhere and, you know, in fact, what she has disclosed, her marriage, she has said that she's going to recuse herself from anything having to do with this company, but basically she would have to recuse herself from her whole job, her whole job is weatherization.

It is not what you know BUT WHO YOU ARE SLEEPING WITH :wink:
 
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