Wednesday, April 20, 2011

Google - Obama's Fave

I know Google originally made it on their own.  However, it is a very large recipient of "corporate welfare" and seems to be the Obama administrations favorite second favorite corporation.

Google has been misrepresenting its so-called “cloud computing” services it has tried to sell to the government.  Google claimed its Government Cloud service had Federal Information Security Management Act (FISMA) certification, when it did not.

Google has often inappropriately benefited from its close ties to the Obama Administration. Things such as the use of NASA’s Moffett Airfield, near Google’s world headquarters which essentially has been turned into a  taxpayer-subsidized private airport for Google.

Andrew McLaughlin, Google’s top policy executive, joined the Obama administration as deputy chief technology officer. Surprisingly (not!) Obama has pushed for the regulation the Internet for the first time via the so-called Net Neutrality policy.  Google has begun to get a string of government contracts in areas ranging from national security to NASA. 

Yet, Google which touts itself as the ‘Don’t Be Evil’ company, is using shady avoidance techniques to cut its taxes by $3.1 billion in the last three years.  Not only that, it has reduced its overseas tax rate to 2.4 percent, the lowest of the top five U.S. technology companies.  But I am sure they pay "their fair share" as Obama calls it just like GEdoes .

Whatever you do - stay safe!

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