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

Thursday, January 5, 2017 8:46

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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/

Source: http://www.againstcronycapitalism.org/2017/01/here-are-the-52-public-companies-that-make-the-most-money-from-the-federal-government/

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