Bush Trumpets eBay Success
President Bush on Wednesday gave a shout-out to online auction site eBay on Wednesday after lunching with Treasury and State Department officials. He said the entrepreneurial spirit has helped our economy keep pace with new technologies, and America is a leader in innovation.
"Twelve years ago, eBay did not exist. Today eBay is a global business that reported nearly $6 billion in net revenues last year," Bush said. He called the site an "entrepreneurial success story" that has helped thousands of Americans become entrepreneurs themselves.
It's worth noting that eBay CEO Meg Whitman was named chief California fundraiser for Republican presidential candidate Mitt Romney earlier this year. In previous campaign cycles, she has supported Rep. James Sensenbrenner, R-Wis., and former GOP Sen. George Allen of Virginia.
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