Smoking gun E mail nails Democrats’ and GE “Pay to Play” scheme in Senate’s new Cap & Trade bill

The Collins Report ^ | October 5, 2009 | Kevin "Coach" Collins

[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 GEPAC’s 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 company’s 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 Obama’s Economic Recovery Advisory Board.

Do you think that helps America or Obama?

[penelopesire]

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!

[GOPJ]

Thanks for the ping.

[bossmechanic]

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?

[maggief]

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

[Attention Surplus Disorder]

Bump. GE also received substantial TARP monies. They are, after all, primarily a finance company at this point.

[RicocheT]

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.

[khnyny]

MSNBC and CNN are currently carrying Obama’s speech on “healthcare” in the Rose Garden live - Fox and CNBC are not. Just an observation.

[Nachum]

Obama connection?

[OafOfOffice]

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.

[steelyourfaith]

 

Beam me to Planet Gore !

[boxlunch]

bump

[uncommonsense]

Jeffrey Immelt is selling military products to Iran through an intermediary company.

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.

[thefactor]

i bet o’reilly will be all over this.

[Matchett-PI]

“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 GE’s CEO Jeffrey Immelt
04/24/09 http://www.freerepublic.com/focus/f-bloggers/2236896/posts?page=12#12

<>

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

<>

Obama’s 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

<>

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: Sweden’s Royal Academy of Sciences winner

<>

Question: Where does GE fit ?
06/06/09 http://www.freerepublic.com/focus/chat/2266137/posts?page=10#10

[Kitsunebi]

i bet o’reilly will be all over this.

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.

[chris_bdba]

No more GE anything for this household.

[Ditto]

" "What is good for General Motors is good for America - Chairman and CEO, Charlie Wilson, 1955

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.

[Ditto]

GE has been the driving force for Cap & Trade, since well before the 2008 election.

They picked up the ball after Enron fumbled. ;~))

[kabar]

Thanks for the information. I would have been inclined to agree with him then. Today, with so many of our companies being multinationals, there is no corporate allegiance to this country. I can recall Ralph Nader going to about 100 "U.S." corporations and requesting that they have those present at stockholder meetings recite the Pledge of Allegiance before the start of the meeting. I recall that only one agreed to do so.

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.

[Ditto]

I can recall Ralph Nader going to about 100 "U.S." corporations and requesting that they have those present at stockholder meetings recite the Pledge of Allegiance before the start of the meeting. I recall that only one agreed to do so.

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.