Visitors Now:
Total Visits:
Total Stories:
Profile image
By Againstcronycapitalism.org
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Here are the 52 public companies that make the most money from the federal government

Thursday, January 5, 2017 8:46
% of readers think this story is Fact. Add your two cents.

(Before It's News)

52-comps-ss
Image: CNBC

This headline comes from CNBC and is misleading. These companies don’t “make the most money from the FEDERAL GOVERNMENT,” Taxpayers are making these companies rich, not the government. It’s not the government’s money. It’s yours. Too many people forget this.

Why are we going into massive debt, in part, to pad the bottom lines of these companies?


(From CNBC)

About 61 entities earned $1 billion or more from federal contracts in the 2015 fiscal year, and 34 of those are publicly traded companies, according to data from the federal procurement data system. As you would expect, the biggest recipients are defense contractors, which already had good reason to watch Trump closely after he was involved in a deal to keep Carrier jobs in Indiana.

Click here for the article.

http://www.againstcronycapitalism.org/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.