As you read the coverage of President Obama’s visit to Cree in Durham, there’s some key context you need to keep in mind, context that has been missing from any of the advance coverage in the local media:
President Obama on Monday was scheduled to give a pep talk for American manufacturing at a factory in Durham, N.C., where Cree Inc. makes LED light bulbs. Cree embodies Obama-era capitalism: profiting from government grants, political connections, revolving-door lobbyists and regulations that force people to buy your product.
Read the whole story for more evidence of the cozy and unhealthy relationship Cree has with Obama.
