CBS and Wa Po Crony Capitalists Riding the Obama Gravy Train

It’s shocking enough that the White House has a multi billion dollar slush fund to pay out to those of its corporate friends who want to offer health insurance  for those of their employees who opt for early retirement . It’s even more troublesome to learn  from the Daily Caller that two news organizations which cover the administration and its works are big receipients of this  largesse stolen from the taxpayers’ pockets:

Two mainstream news organizations are receiving hundreds of thousands of taxpayer dollars from Obamacare’s Early Retiree Reinsurance Program (ERRP) — a $5 billion grant program that’s doling out cash to companies, states and labor unions in what the Obama administration considers an effort to pay for health insurance for early retirees. The Washington Post Company raked in $573,217 in taxpayer subsidies and CBS Corporation secured $722,388 worth of Americans’ money.

“It is fine with me if they continue covering the ObamaCare debate,” said Rep. Marsha Blackburn, Republican of Tennessee, in an e-mail to The Daily Caller. “When NBC used to cover energy issues, they identified themselves as a subsidiary of General Electric. CBS and Washington Post just have to disclose that they are subsidiaries of the Obama Administration.”