Duke Energy CEO Jim Rogers sets a new standard for crony capitalism.
While the vast majority of crony capitalists are pragmatic businessmen
who pursue a partnership with President Obama for purely financial
reasons, Rogers is a different breed.
Most CEOs are political agnostics and see cronyism as a shortcut to bypass the competitive free enterprise system to a pot of gold. These business executives walk a political tight rope, trying to balance the benefits of political favors against the risk of drawing media scrutiny and controversy of looting the public treasury.
For Jim Rogers, passion for progressive politics appears as great as being a CEO and making money.
In addition to reaping the financial benefits of collaborating with President Obama’s energy policy, Rogers exceeds the actions of crony capitalists by aggressively using Duke Energy’s assets to advance left-wing policies.
And Rogers does not stop there. Extraordinarily for a CEO, Rogers also aggressively seeks the media limelight to defend the president.
Duke Energy’s role in the Democratic National Convention in Charlotte, NC exposed Rogers’ passion for the Democratic Party and President Obama.
Read more: http://townhall.com/columnists/tomborelli/2012/10/02/crony_capitalism_gone_wild_duke_energy_ceo_backs_president_obama/page/full/
Most CEOs are political agnostics and see cronyism as a shortcut to bypass the competitive free enterprise system to a pot of gold. These business executives walk a political tight rope, trying to balance the benefits of political favors against the risk of drawing media scrutiny and controversy of looting the public treasury.
For Jim Rogers, passion for progressive politics appears as great as being a CEO and making money.
In addition to reaping the financial benefits of collaborating with President Obama’s energy policy, Rogers exceeds the actions of crony capitalists by aggressively using Duke Energy’s assets to advance left-wing policies.
And Rogers does not stop there. Extraordinarily for a CEO, Rogers also aggressively seeks the media limelight to defend the president.
Duke Energy’s role in the Democratic National Convention in Charlotte, NC exposed Rogers’ passion for the Democratic Party and President Obama.
Read more: http://townhall.com/columnists/tomborelli/2012/10/02/crony_capitalism_gone_wild_duke_energy_ceo_backs_president_obama/page/full/
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