The Cody Word
  • January 23, 2009 06:17 PM EST by Cody Willard

    The Big 3: Corporations OWN our Government, GE’s Welfare Dividend, Help Fight the Welfare at SpokeUp.com

    1. Corporations OWN our Government

    2. GE’s Welfare Dividend

    3. Help Fight the Welfare at SpokeUp.com

    1. Chrysler, Cerberus, Citi, Goldman...can you remember which guys are working at those places right now and which ones are in the government getting lobbyist money to regulate Chrysler, Cerberus, Citi and Goldman? I can't either. Chrysler, Cerberus, Citi and Goldman ARE the government.

    2. Meanwhile, GE is using the billions in welfare guarantees they get without your choosing to give it to them, and they say they are going to send people who were stupid enough to take risks on the stock more than $10 billion in dividends. I’ve no idea how to trade a company that’s become such a quasi-welfare institution but you gotta be on crack if you think that dividend’s safe this year.

    3. And please keep helping me speak up about the coming stimulus pork barrel package. I don't believe the "gimme your money and it'll be good for you" system has ever worked well – and the only way we’re gonna stop it is together.

about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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