General Electric certainly ACTING like it’s considering bailing on Connecticut.

With the news out that General Electric really and truly is seriously considering bailing on Connecticut (H/T: @JATranfo) because… well, because it’s a Democratic-controlled state that wishes to keep raising taxes.  We might as well be honest about that.  Anyway, the Democratic governor of Connecticut is, amazingly enough, actually worried about losing GE, to the point where he’s trying to stop the tax increases.  But the sharks are still circling: Continue reading General Electric certainly ACTING like it’s considering bailing on Connecticut.

Today’s Bloomberg’s Two-Minute Hate: The Koch Brothers!

To give you an idea of just how laughably bad this Bloomberg hit piece (short version: the Koch Brothers are icky small-government people who have this big corporation that doesn’t give money to causes that the authors like is a evil lobbying corporation and here’s a list of bad things that they’ve done, including selling stuff to IranIranIranIRANIRANIRAN) was: not only did the notoriously neoconservative* house organ The Atlantic rip its allegations to shreds – Bloomberg probably didn’t want to see sentences like “Ironically, Koch Industries’ response to the article does a better job of laying out these allegations than the article itself.” – but the Bloomberg piece can’t even count on its own affiliates to have its back. To give just one example: Bloomberg Businessweek’s editorial board felt obligated to point out that the supposedly most damning portion of the original article – a subsidiary’s involvement in selling oil drilling equipment to Iran – concedes that Koch Industries was engaged in perfectly-legal activities that the company voluntarily ended when made aware about them. They also felt obligated to note that companies like General Electric – Hi, GE CEO Jeffrey Immelt! Having fun working for the Obama administration? – and Caterpillar have also engaged in similar activities. Continue reading Today’s Bloomberg’s Two-Minute Hate: The Koch Brothers!