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by ericfr11 84 days ago
GOP capitalism at its worst: take public money and give it to private interests, without any thoughts of what makes sense.
2 comments

"Trump asked oil and gas executives in 2024 to raise $1 billion for his campaign and told them he’d grant their policy wish list if he won. The investment, he said, would be a “deal” given the taxes and regulation they would avoid under his presidency. He also offered to help fast-track fossil fuel industry mergers and acquisitions if he won."

https://www.brennancenter.org/our-work/analysis-opinion/foss...

Cough Cough Big Bank bailout..... this is corpocracy with two branding every few year interval.
You should probably look up when the TARP bailiut program was passed and initiated, because it wasn't when Obama was president. The Great Financial Crisis brewed and exploded under Bush.

Obama pushed for the 2010 Dodd Frank reforms to rein in big banks after that.

Corporate bailouts, huge deficit spending, mega tax cuts for the mega rich, and bottomless pit defense spending have been Republican policy for the last 50 years.

... while all the time blaming Democrats for everything they do themselves, at a much larger scale.

Hypocrisy works, if you have an electorate that can't think critically and are addicted to "news" sources that confirm their biases.

Left (foot), right (foot).