Paul Volcker Quitting Team Obama... to be Replaced by GE's Jeffrey Immelt?

Reaganite Republican ^ | January 21, 2011 | Reaganite Republican

[Reaganite Republican]

The last remaining Obama advisor who's not a banker -or totally in the banker's pockets- is now bailing...

President Barack Obama announced Thursday that former Federal Reserve Chairman Paul Volcker was stepping down from his role as head of an outside panel advising the White House on economic policy. 
...
The White House order creating the panel expires on February 6 and sources said Obama plans to reconfigure it to focus more on business outreach. General Electric Co. chief executive Jeffrey Immelt is seen as top candidate to head the new board.

Jeffrey Immelt!  Isn't that special...  CEO of the same General Electric who set up MSNBC as a blaring Obammunist propaganda organ and anti-American smear machine... same GE who Obama spoon-fed business deals straight from the Kremlin and now the Chinese. Immelt is already on another WH board, but now moving yet closer the the den of the beast. 

Immelt's GE has also been heavily criticized by FNC's Bill O'Rielly for questionable deals with Iran... gee might that have something to do with Obama's serial appeasement of those hate-soaked apocalyptic savages.

General Electric -although highly profitable and in little risk of financial collapse- also took $85B in TARP funds... and since they're not a bank, GE exploited loopholes in the legislation to do it.  Looks like they know which buttons to push when dealing with depraved political racketeers like Barack Obama, too.

And why might Volcker be headed for the exit? The former Treasury Secretary -the man credited with taming inflation during the Reagan Administration- has been unhappy deferring to other less-qualified Obama advisors such as Geithner and Sumner, and long doubted the influence his Economic Recovery Board had on Obama policy- if any.  Sadly, the presence of Paul Volcker now appears to have been just window dressing, adding a facade of credibility to an otherwise dubious bunch under Turbo-Tax Tim. 

And who needs to be hanging around this crew when the dollar crash comes, anyway? Good time for Mr Volcker to head for the hills, perhaps- nobody down there was listening to him anyway.

Note this story of Volcker released at 12:15 am on a early Friday morning... typical news dump re. anything less than flattering to this vile Obama regime.

Reuters   Prarie Pundit   FoxNews   Wikipedia

More at Reaganite Republican

[blaveda]

GE Chief's Remarks Show Growing Irritation With China
wsj ^ | 7/1/10 | JENNIFER CLARK And PAUL GLADER

Posted on Thursday, July 01, 2010 9:54:26 PM by Nachum
This is the same guy who was sounding tough on China just months ago? Check out the post from 7/1/10 above! Are we still living in a republic?

[balls]

From today’s WSJ: “President Barack Obama will announce Friday that Jeffrey Immelt, chief executive of General Electric Co., will head a new White House board aimed at finding ways to foster private-sector job growth.”

The self-important suck-up hag, Bartiromo, will be right behind him.

[LibLieSlayer]

Another Communist MF’er!

LLS

[Reaganite Republican]

Reagan said “Entrepeneurs and small businesses are responsible for almost all the economic growth in the United States”

One might ask what GE or union palookas like Richard Turmka know about small business... please

[The Comedian]

Waiting for Olberman to replace Gibbs as Press Sec. next.

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[wolfcreek]

http://www.modernhistoryproject.org/mhp/EntityDisplay.php?Entity=VolckerPA

Evil globalist bastard.

[SumProVita]

So much for intelligence, moderation, pro-Americanism...etc...etc.

Disgusting...

[Qbert]