Costco Raises Product Placement Ads to Whole New Level

Costco backs Obama, Obama touts Costco

If you’re a millionaire corporate bigwig using your wealth to influence elections, and using your company’s clout to influence legislation, President Obama might give you a tongue-lashing. Unless you’re a fundraiser and donor for the Obama Victory Fund, and your company’s lobbying agenda coincides with the White House’s — then Obama will give you a shout-out in a major economic address.

In his nationally televised speech Wednesday, Obama sang the praises of retail giant Costco, whose founder Jim Sinegal gave Obama the maximum contribution in two elections and hosted fundraisers for his reelection. Costco has also lobbied for many of Obama’s legislative priorities, including higher minimum wage, Obamacare, and price controls on financial processing fees. Given the company’s politics and tendency to seek profit through big government, Costco stands out as a model of Obamanomics. The money trail and the free advertising also give off a whiff of cronyism.
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To recap: Raise $2 million for him, give his campaigns $180,000, lobby for his legislation, and the President will advertise for your store.

With this administration, you get the government you pay for...