Keeping me awake

I woke up last night to hear Bill O'Rilley indignantly berating the president for appointing Jeff Immelt to head up his Council on Job Creation and Competitiveness. Since Jeff Immelt is a businessman (the CEO of GE) one would have thought Fox would be pretty happy. But it turns out the reason for O'Rilley's outrage was that GE's US tax bill was effectively zero. What to me seems rather strange is that Fox News consistently calls for a lowering of the corporate tax rate as a means of creating jobs - yet when one corporation reaches what logically would be Fox's nirvana of zero corporate income tax, they profess displeasure. The scale and scope of Fox News' hypocrisy continues to astound me.