As the west scrambles for a geopolitical response to Russia’s play for the Crimean peninsula, advocates for the oil and gas industry have used the situation to redouble the push to export liquefied natural gas (LNG). Framing the issue as a matter of protecting a fledgling democracy and ensuring security for United States allies, oil- …
Tag: GE
Libertarian Elites to “Dethrone” Obama’s New Corporate BFF
Not many people know that General Electric has been a huge beneficiary of recent bank bailouts via its financial subsidiary GE Capital, which would be America’s eighth largest bank measured by total assets. Regulators changed banking rules to guarantee $340 billion in GE Capital debt, and the bank received $16 billion in cheap emergency loans …