All Commentary
Friday, January 21, 2011

GE Chief to Run Government Advisory Council


“President Obama will name Jeffrey R. Immelt, the chief executive officer and chairman of General Electric, on Friday to run his outside panel of economic advisers, replacing Paul A. Volcker, the former Federal Reserve chairman, who is stepping down, the White House said. Mr. Immelt will chair a new Council on Jobs and Competitiveness that Mr. Obama intends to create by executive order.” (New York Times)

The chances of a large military contractor pushing for a free market are slim to none.

FEE Timely Classic
“Business–Government Collusion” by Eric-Charles Banfield