Posted on 04/07/2016 8:34:05 AM PDT by Sean_Anthony
Our word, not his . . . but the message is unmistakable.
Jeff Immelt has been around awhile as chairman and CEO of General Electric, and I’m sure Bernie Sanders is not the first blowhard politician he’s heard railing against big business without the slightest idea of how or why major companies do the things they do. So maybe it’s because Sanders is getting so much attention, or maybe it’s because he’s even more spectacularly wrong than your average blowhard, but Immelt felt the need to respond when Sanders accused GE of “destroying the moral fabric” of America.
And boy, did he:
Sanders says that he is upset about GE’s operations abroad — as though a company that has customers in more than 180 countries should have no presence in any of them. He never mentions that we are one of the United States’ prime exporters, annually selling in excess of $20 billion worth of American-made goods to the world. Nor does he mention that our sales around the world support our manufacturing base here at home, along with the thousands of U.S. companies in our supply chain. You want to cause big problems for our suppliers — many of whom are small and medium-size businesses — and their workers? The surest way would be to pull out of those countries and lose those customers.
GE is terrible company to do business with and abuse their vendors.
What happened to I-melt position as the jobs Czar? They must have forgot to tell him he was suppose to help create jobs in the US and not elsewhere.
While he’s at it, can Immelt stop with those dumb commercials featuring that dorky guy Owen and how wonderful it is to work as a software developer at GE? Those got real old, real fast.
Calling Bernie Sanders a complete economic ignoramus is giving to much credit for being an ignoramus. Ignoramus assume that it is for a lack of knowledge that he hold these beliefs. Bernie Sanders dose not have a lack of knowledge.
Wrong messenger to be sure
GE got caught with its pants down. It over leveraged itself like much of Wall Street before the 2008 Crash and then begged Hank Paulson in Bush’s Treasury to save the company from its bad bets. Which Paulson did – or rather WE did. Now, fully indemnified and then some, GE is getting rid of its financial division. Exiting the scene free and clear. No problem. No pain. Everything’s fine. No Thank You to the taxpayers.
railing against big business without the slightest idea of how or why major companies do the things they do
Bernie Sanders is an economic ignoramus and more!
He is the epitome of a degenerate, drooling, lisping, unkept, knuckle dragging old fart. He knows nothing about anything due to the fact that he’s never held a proper job in his entire disgusting life. His tenure as Senator speaks volumes about the populace in Vermont.
Now, as to Hillary....oh, no. Don’t get me started on that Bitch of Kosovo. I’ll just say something more gentile: I hate Hillary, Billy Goat and even little homely Chelsea who is under the mistaken impression that she and her two parent thingys are the coolest and smartest people in the world.
Boston got GE HQ but some didn’t like the deal.
.
This coming from a Obama butt boy!
Considering Bernie Sanders usually had his power and water cut off for non payment in his productive years, I’d say “Yes” Bernie is a financial idiot.
We work with GE from time to time and they are not a good company to work with. We are GE and you are not. Don’t you know who we are? It had gotten to the point where the loser is the one that wins the order.
Yep. You’ll run out of free stuff rather quickly when you kill off private business and consumer spending.
How much has GE, their top executives, or both contributed to the Clinton Foundation?
GE is the poster child corporation for the graft and corruption that exists between big business and the government/politicians.
Why mock an inventor/engineer just 'cause he ain't the most masculine fellow in town? He's working.
Probably because he has never had a job. He has no clue about how the world works.
I do business with G.E. as well and I agree they are terrible to work with. In the end though this editorial is correct and I commend Immelt for having the courage to call out these politicians knowing he will now pay a price with the administration. IRS here they come.
So are most politicians, so what’s the surprise?
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