Savage on Perot – while he got the details wrong, I was glad to hear Savage take on the Perot legacy tonight. Perot billed himself as the “government outsider” when he was nothing of the sort. His company EDS (Electronic Data Systems) made its pre-GM fortune from two main sources – it was widely used by credit unions to do their back office work – they had it down to a science of how to “take over” the processing so that by the time the current employees realized they were being replaced, it was too late to do anything. Their other main source of income was processing Medicaid insurance claims for the state of Texas. Perot was the ultimate government parasite, living off schmoozing with politicians to win business. He also managed to get the unions on his side (over NAFTA) despite his own company’s reputation of being brutally anti-union..
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