Posted on 10/05/2009 6:05:35 AM PDT by jmaroneps37
This is an excerpt from a recently obtained internal E mail written by a gleeful GE executive.
On climate change we were able to work closely with key authors of the Waxman-Markey climate and energy bill, recently passed by the House of Representatives. If this bill is enacted into law it would benefit many GE businesses.
benefit many GE businesses becomes clearer by following the paper trail of donations from GEPAC the lobbying arm of General Electric Corporation.
GE/Democrat pay to play scheme Last year most of GEPACs contributions went to Democrats. This year almost all of its cash bought Democrats. Over 24 months GEPAC donated 2.4 million dollars to Democrats. GEPAC greases every greedy Democrat they see.
In return the Democrats get Chris Matthews tingling leg and kid glove treatment from NBC news.
Under the radar
GE, however, got two huge payoffs that have gone under the radar thus far.
Folded into the new version of the Cap and Trade bill is Section 821(c) which requires the EPA set new standards for greenhouse gas emissions for new aircraft and new engines used in new aircraft by December 12, 2012.
General Electric Corporation is the only company that can produce these engines in meaningful quantities by then. Even modest projections put the companys gross sales of green engines in coming years at $12 billion.
Last Friday GE it made an agreement with American Electric Power (AEP) to sell them 110,000 smart meters. On September 1, AEP applied for a $75 million, sure to be approved, Energy Department stimulus grant to pay for them. Again only GE is equipped to fill this order. Of course the $75 million is our money.
GE CEO Jeff Immelt is on Obamas Economic Recovery Advisory Board.
Do you think that helps America or Obama?
(Excerpt) Read more at collinsreport.net ...
Good stuff Coach.
G E pretty much wrote the bill. Since Obama is going down the tubes, it may be prudent to short GE again ;-)
All of the GE networks have been selling global warming theories. This administration is so corrupt
Shades of the tea pot dome scandal...only “green” now!
lets see the email.
Great work in calling attention to this, but its value is diminished if not accompanied by a direct reference to the source material.
The beauty of the internet is that it allows many to view direct source material and not depend on the “interpretation” of others.
SENT TO DRUDGE!
What is good for GE, is good for America.
Y’all make sure you send it to Breitbart as well!
Of course you are right in demanding the proof. When articles are excerpted from the Collins Report or anywhere else FR only allows 300 words. Writing these essays requires making choices about how to construct the text and say something important within 300 words. There is more on the C/R should anyone wish to read more.
" "What is good for General Motors is good for America - Chairman and CEO, Charlie Wilson, 1955
PING.
“There is more on the C/R should anyone wish to read more.”
Yes, (and I did read it prior to posting) but not an actual link to the email that’s referenced. (or in the Washington Examiner piece - if I missed it - my mistake)
Again, I think this is good work and very serious stuff; but when there’s a “smoking gun” it only counts as a smoking gun if we can see it. It’s not a smoking gun if someone assures us they’ve “seen the gun - and it’s smoking.”
It’s so easy to link to and post source documents like “emails” I just have to wonder why the people that claim to have such documents chose to not disclose them.
Ping.
PING FOR LATER!
Pay to play. I recall a certain state treasurer in a southwestern state known for slimy politics who went to prison for that.
Just as a side, GE has already begun to implement Obamacare with a change in insurance coverage for their employees.
Ping!!
‘Haliburton’ x 1,000,000,000!
Yet more proof that every single manufactured ‘scandal’ of the republicans, is but a projection of the democrat’s ACTUAL CORRUPTION...only their is real, much worse and no one says a word in the corrupt American media!
Thanks for the ping.
I thought everyone could see the benefits that GE will receive due to Obama/energy policies and cap/trade!!!
Is this really new information?
And so what! Do you expect some federal investigation?
Don’t be silly - We can’t get Dodd/Pelosi/Reid/Rangall/Jefferson investigated unless they are caught in bed with a dead body - and probably not then.
What prayer for holding GE accoutable?
ANALYSIS-US firms, others may gain from shield pullback
Thu Sep 17, 2009
EXCERPT
Shortly after the pullback on the shield programme was announced, Russia’s government said Prime Minister Vladimir Putin would meet several U.S. executives on Friday from firms including General Electric (GE.N), Morgan Stanley (MS.N) as well as TPG TPG.UL, one of the world’s largest private equity firms
http://www.reuters.com/article/asiaCrisis/idUSB688381
Bump. GE also received substantial TARP monies. They are, after all, primarily a finance company at this point.
Businesses such as GE that think the leftists/environmentalists can be bought off on cap & tax are going to be very disappointed to find out that any favors so bought will be withdrawn.
The drug and health care industry is doing the same by helping to pass OmamaCare. These industries will also be shafted. The statists left is like the communists and Hitlerites. The means justify the end and the end is extinguishing America and democracy in the world.
MSNBC and CNN are currently carrying Obama’s speech on “healthcare” in the Rose Garden live - Fox and CNBC are not. Just an observation.
Obama connection?
This report misses the Putin pay to play scheme. Obama tells Poland no missiles, next couple of days, Putin says he will speak with General electric.
Remember healthyimagination, controlled by Daschle, is GE too.
bump
Immelt is on the NY Fed Board.
GE Capital, not a bank, receives $139 billion in loan guarantees from the FDIC to keep them solvent.
NBC and MSNBC are propaganda machines for Obama's cap and tax and health care takeover.
GE is buying Democrats to ensure government will build a massive "green" environmental money machine (no coincidence on the label - green!).
GE is poised to be richly rewarded for government takeover of the health care industry.
i bet o’reilly will be all over this.
“GE has been the driving force for Cap & Trade, since well before the 2008 election. If McCain had won, a thread like this would still exist.” ~indthkr
GE just picked up where ENRON left off. Tip of the iceberg from my archives:
Suspicions of staggering corruption surround GEs CEO Jeffrey Immelt
04/24/09 http://www.freerepublic.com/focus/f-bloggers/2236896/posts?page=12#12
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US exports to Iran up in Obama’s first months
6/20/09 http://209.157.64.201/focus/f-news/2276320/posts?page=4#4
WASHINGTON Iran spent nearly twice as much on U.S. imports during President Barack Obama’s first months in office as it did during the same period in 2008, showing that despite trade penalties and tense relations, the two countries are still doing business. [snip]
<>
General Electric and Al Gore Scheme to Undermine Domestic Oil Drilling
Townhall.com ^ | July 26, 2008 | Tom Borelli
http://townhall.com/columnists/TomBorelli/2008/07/26/general_electric_and_al_gore_scheme_to_undermine_domestic_oil_drilling
<>
AES and GE imitate Enron on coal and climate
By: Timothy P. Carney Examiner Columnist 05/26/09 6:19 PM EDT
http://www.washingtonexaminer.com/politics/AES-and-GE-imitate-Enron-on-coal-and-climate-46120417.html
<>
Waxman-Markey cap-and-trade bill stuffed full of unpleasant surprises
By: Examiner Editorial 05/22/09 4:39 AM EDT
http://www.washingtonexaminer.com/opinion/Waxman-Markey-cap-and-trade-bill-stuffed-full-of-unpleasant-surprises-45836042.html
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Obamas hidden bailout of General Electric ( Cap and trade taxes )
Washington Examiner ^ | March 3rd 2009| Timothy P Carney
http://www.washingtonexaminer.com/politics/Obamas-hidden-bailout-of-General-Electric_03_04-40686707.html
<>
Madoff the Crook donated stolen money to Democrats the willing
December 18th, 2008 http://www.freerepublic.com/focus/f-bloggers/2236896/posts?page=12#12
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Gore Blames Tyranny of the Financial Markets For Global Warming
06/07/09 http://209.157.64.200/focus/f-news/2266877/posts?page=27#27
http://www.freerepublic.com/focus/news/1770760/posts?page=32#32 in re: Enron /Clinton/Gore connection Global Warming scam
http://www.freerepublic.com/focus/news/1770760/posts?page=36#36 in re: Jim Hansen Global warming RAT hack
http://www.freerepublic.com/focus/news/1770760/posts?page=37#37 in re: Swedens Royal Academy of Sciences winner
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Question: Where does GE fit ?
06/06/09 http://www.freerepublic.com/focus/chat/2266137/posts?page=10#10
Yeah right, when pigs fly. I'll believe it when I see it. His "No Spin Zone" show lost all credibility when Juan Williams was the guest host the other night.
No more GE anything for this household.
That's the standard left wing revisionist version. Here's what the man actually said. During the [confirmation] hearings, when asked if as secretary of defense he could make a decision adverse to the interests of General Motors, Wilson answered affirmatively but added that he could not conceive of such a situation "because for years I thought what was good for the country was good for General Motors and vice versa." Later, this statement was often pared down to, "What's good for General Motors is good for the country."
Wilson was an interesting guy who actually pushed for and oversaw significant reductions is defense spending that on the whole probably cost GM some revenues albeit left taxpayers more money to buy GM cars.
They picked up the ball after Enron fumbled. ;~))
I am very involved in a grassroots immigration group that lobbies on the Hill. Our major adversary is the US Chamber of Commerce. The are so wedded to the free flow of cheap, exploitable labor, legal and otherwise, that they don't care what impact it has on this country as long as they make a profit.
Do you have a source for that Nader thing? I find that kind of hard to believe that Nader would push for that. He's more in line with the Michael Moore types.
As to a corporate stock holders meeting starting with the pledge, I'm don't think it would even be appropriate unless it was a relatively small public company. If they are large corporations, there would no doubt be attendees from other countries among the stock holders/representatives. Most stock in this country is held by large financial institutions that can have investors from all over the world, not just the United States. I would not expect them to recite the Pledge.
Ya,...if this’nt racketeering...
Source: What ever happened to national allegiance?
"Human Events Magazine has reported that the top 100 American corporations were nearly unanimous in rejecting the suggestion, made by Ralph Nader, that they "establish a regular practice, at every annual shareholders meeting, of reciting the Pledge of Allegiance to the American Flag." Only one of the 100 corporations actually accepted the suggestion -- Ohio-based Federated Department Stores Incorporated.
Human Events reports that "many other corporations either brushed off Nader's request, or blasted him for making it." Caterpillar Corporation said that "a symbolic, once-a-year gesture would not be a productive use of time at our stockholders meeting." Boeing said that "it is not the opinion of the Board that it is necessary to institute the practice you propose." And on we could go down the list of evasive, condescending, and simply dismissive responses."
As for Nader reason for pushing for this, he is against globalization. Here is the text of a speech he gave at the Winston Churchill Memorial and Library at Fulton, MO.
"Corporations without boundaries will poison our air, water and soil. They will endanger workers....Commercial interest provide a very important function when they are kept within boundaries. They produce wealth. They create employment. They sometimes foster group technologies. But when they dont have to obey certain boundaries that we can call law and order, public expectations, respect for the decent sentiments of human beings, they become extremely destructive.
"Now, all of this compromises our sovereignty because you cant buy here a product made by child labor in the United States. Its illegal. But, our country, because it is bound by the WTO Trade Agreement cannot ban the importation of products made by other countries using child labor because of a provision in the treaty which says, No restrictions can be imposed on imports by signatory countries based on how theyre manufactured except by prison labor. Child labor is perfectly okay. There are several million children working in areas that ship international trade already.
Multi-national corporations, the way they are now structured having more power than they can responsibly exercise, are not going to be the leaders in solving the major problems of our planet. They are not going to be the leaders in anticipating. We can turn them into beneficial instruments, perhaps, but will they allow us to? Will they allow democratic processes, judicial processes, regulatory processes, anti-monopoly processes, to work their will so that commercial values can adjust to a higher order of civic values?
"The greatest surrender of local, state and national sovereignty are represented by those trade agreements because they represent federal law. The federal government is supposed to enforce this law against any state or local government that passes any kind of ordinance or statute protecting environment, worker, consumer that is deemed to be trade restrictive. Again, trade uber alas. This not only means that a lot of laws that protect us are slated for challenge in the next decades before those closed courts, it means it chills improvements in this country. We could not have gotten safety features in cars years ago if those trade agreements were enforced because we would have had to go to international harmonization committee procedures where countries got together and said lets agree on one uniform standard.
As to a corporate stock holders meeting starting with the pledge, I'm don't think it would even be appropriate unless it was a relatively small public company. If they are large corporations, there would no doubt be attendees from other countries among the stock holders/representatives. Most stock in this country is held by large financial institutions that can have investors from all over the world, not just the United States. I would not expect them to recite the Pledge.
If they are "American companies" headquartered in this country, I have no problem with them reciting the Pledge. They certainly expect the USG to protect their interests abroad and even facililitate the sale of their products. At every US Embassy we have a commercial section that is charged with helping and advocating the sale of US products. Shouldn't IBM and Miocrosoft have some sort of loyalty to this country? When Obama agrees to tariffs and import duties on foreign tires, should the US tire companies be grateful?
Pat Buchanan wrote this: Patriotism in the Boardroom
"If they cannot pledge loyalty to America, why should Americans be loyal to them? American taxpayers guarantee the Export-Import Bank loans of these companies; we bail out their investments via the International Monetary Fund; U.S. Marines have been sent to protect their property; and U.S. consular officials and presidents have promoted their sales. If they cannot pledge loyalty to America, why should Americans be loyal to them?"
I say that if they can't recite the Pledge, then let's cut them out of Buy American legislation.
One other note: If these multinationals like Boeing, CocaCola, Microsoft, Motorola, etc. won’t recite the Pledge at stockholder meetings, then why should they be allowed to make contributions to politicians, particularly during political campaigns. Aren’t they getting involved in our political system? We don’t allow foreign contributions to our polticial campaigns, why should we allow multinational or transnational corporations to do so?
The answer is, they are not allowed to contribute. Corporations are not allowed to give politicians money at any time.
The dodge to that is political PACS. Individuals working for corporations are allowed to 'voluntarily' contribute their own money to 'Political Action Committees' that will donate to the politicians they think will do the best for their interests. But corporate money is a big no-no.
I have to ask, why do you think saying the pledge is a big deal? Do you understand the history of the pledge? I doubt Jefferson would have signed on to it.
I understand that we all grew up reciting it every morning without even thinking, but it is not necessarily a sign of patriotism, and for a corporation (by legal definition a 'Fictious Entity') to do so is meaningless.
He is a radical leftist who has done nothing for the last 50 years other than prey on the general economic ignorance and incite class envy. He has never added a bit to society albeit he has been a trail blazer for the class action industry which has served well in destroying jobs and global competitiveness.
I have seen Nader first hand several times. I watched with glee when a 25 year old woman quite literally kinked his lefty ass in a debate on nuclear energy at Carnegie Tech back in the 70s. The audience ended up laughing at him.
He is not the 'crusader' the media paints him to be. He is just ACORN on the Regulatory front.
LOL. Give me a f*cking break. Do you think I just fell off of the turnip truck? Check out the big corporate PACs The bottom line is that corporations are up to their eyeballs in funding political candidates. And then there are their lobbyists.
I have to ask, why do you think saying the pledge is a big deal? Do you understand the history of the pledge? I doubt Jefferson would have signed on to it.
Ask Congress. They say it every day as part of opening up for business. Personally, I grew up in an immigrant neighborhood in Jersey City in the 1940s and 50s. We said it every day at school. It is part of the assimilation process. I gather you don't think it is a big deal. Why?
I also had to raise my hand on several occasions when I received my commission as a naval officer and a foreign service officer. I took them seriously and believe they mean something.
"I do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God."
Oaths and pledges are symbolic, but they have underlying meaning and importance. The flag is just a symbol, but it also stands for something.
understand that we all grew up reciting it every morning without even thinking, but it is not necessarily a sign of patriotism, and for a corporation (by legal definition a 'Fictious Entity') to do so is meaningless.
If you recited it without thinking and without understanding the meaning of the Pledge, I know why you believe it has nothing to do with patriotism. Do you believe the flag is meaningless as well not worthy of any show of respect or honor? How old are you? Your attitude stinks.
Most of the employees and stockholders of those corporations are Americans. What is wrong with them pledging allegiance to that flag at an annual stockholders' meeting? Is loyalty too much to ask from a corporation that claims to be American when it is convenient?
That is rich coming from you. I don't doubt Nader's patriotism. I don't subscribe to his political philosophy, but he does understand how the multinationals and globalism are threats to our sovereignty.
So you would pass a law forbidding individuals who work for corporations from donating to candidates? Are you McCain or Finegold? If corporations said the pledge before every meeting, like congress says it before they do their dirty work, would it be ok then for corporations to give money to politicians? How about the millions from Unions, so-called public interest groups etc. Is their money cleaner than corporate PAC money?
Ask Congress. They say it every day as part of opening up for business.
WOW. A real patriotic bunch there. Yep. Congress is only conserned with liberty and justice for all. < / s >
You simply refuse to understand the difference between public and private. Not everything has to serve the interests of the state.
BTW. This is the original flag salute specified by the Socialist who wrote it.

And BTW. Ralph Nader is a total leftist ass who has done great damage to this country.
I would abolish McCain-Feingold and allow anyone to donate including corporations. Donations are political free speech. What we need is greater and more timely transparency period.
If corporations said the pledge before every meeting, like congress says it before they do their dirty work, would it be ok then for corporations to give money to politicians?
The pledge is affirmation that they consider themselves American companies. My response above obtains.
You simply refuse to understand the difference between public and private. Not everything has to serve the interests of the state.
A phony strawman. Saying the pledge, putting your hand over your heart when the flag goes by etc., are just manifestations/symbols of one's citizenship. It has nothing to do with being subservient to the state. Do you consider yourself to be an American or is it just some accident of birth?
You failed to answer my questions. How old are you?
BTW. This is the original flag salute specified by the Socialist who wrote it.
So the inference is that it resembles the Nazi Heil Hitler, which then equates the US to Nazi Germany. You should look into the history of how the Heil Hitler salute originated. Placing one's hand over his heart while reciting the pledge of allegiance is not a form of subservience to the state or to the President. I do find your clear rejection of the Pledge of Allegience to be odd.
And BTW. Ralph Nader is a total leftist ass who has done great damage to this country.
Based on your comments, Ralph Nader respects and honors this country far more than you do.
I agree. McCain Finegold is a constitutional abomination. I would outlaw contributions from any organization be they PACS, Unions, Special Interest groups, or political, social or environmental lobbies including Nader's Common Cause scam. Corporations and other organizations do not have 1st amendment rights, only individuals do. Contributions can only come from individuals -- as much as they want to whomever they want, but fully, accurately and immediately disclosed. No more of this crap of we'll total it up after the election. Catch anyone cheating, either contributors or politicians, they go straight to jail.
You failed to answer my questions. How old are you?
Older than you I'd bet. When I first said the pledge, it did not have the words "Under God" in it. After the pledge was done each morning, then we said the Lord's Prayer -- and in Catholic school, we said a lot more prayers than that.
You just keep attacking personally. If just saying the pledge makes one a good American, then saying the Lord's prayer would make one a good Christian or swearing on the Bible to tell the truth would mean their would be no lies in a court room.
It's symbolic only and reciting it in a board room would change nothing.
Allow me to ask you a few questions.
Do you think the Confederates had the Constitutional Right to Secede from the Union the way they did in 1860?
Do you agree or disagree with the various secession movements now going on?
And how did the nation survive and thrive for well over 100 years before the pledge was ever conceived?
Our problems won't be fixed by symbolism.
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