Fox Cheerleads U.S. Companies Moving Overseas - Because Obama

By News Hound Ellen, July 29, 2014 7:00 am

Fox & Friends all but got out pom poms to cheer corporations fleeing the country to avoid paying taxes.

In his weekend address, President Obama denounced “tax inversions,” i.e. a loophole that allows U.S. corporations to avoid taxes by moving overseas. “They’re basically renouncing their citizenship and declaring that they’re based somewhere else, just to avoid paying their fair share,” Obama said.

Fox Business’ Stuart Varney joined the Curvy Couch Crew and right away scoffed at President Obama’s stance as little more than an election-year ploy to make himself look good by painting corporations as unpatriotic. Any loyal Fox viewer's blood probably started boiling already. Even if those corporations are behaving - well, unpatriotically.