Book Report #3

The government is also in charge of funding, for example the Obama Energy Department. Politicians will give loans and grants to these larger businesses causing the financial stake in the company to be upheld. If a company is relying on a loan to expand to new customers, politicians will make sure that company receives the loan thus securing there investment into the company. “Four companies in which Westly had a major financial stake just happened to receive loans, grants, or stimulus money from the Obama Energy Department: Tesla, Recyclebank, Edeniq, and Armirys Biotechnology” (85). This is another issue that is very hard to avoid, but it ties very closely to politicians trading stocks to begin with. If politicians were not allowed to invest in companies, there would no reason for them to help companies for the wrong reasons. Politicians could be restricted from purchasing investments in a company. Would there be as many politicians though if they were restricted in saving their investments? It would be interesting to see I this would help reduce some of the fraud within our government.