Its not politics as usual, feather the nest for oneself
Get in bed with a snake (fascist) and it will eventually eat you.
Many have learned this lesson already, Bermuda and Insurance companies for example.
Washington Examiner’s Timothy Carney:
“Government did us in,” says Dwayne Madigan, whose job will terminate when General Electric closes its factory next July.
Madigan makes a product that will soon be illegal to sell in the U.S. - a regular incandescent bulb. Two years ago, his employer, GE, lobbied in favor of the law that will outlaw the bulbs.
Madigan’s colleagues, waiting for their evening shift to begin, all know that GE is replacing the incandescents for now with compact fluorescents bulbs, which GE manufactures in China. Last month, GE announced it will close the Winchester Bulb Plant 80 miles west of D.C. As a result, 200 men and women will lose their jobs. GE is also shuttering incandescent factories in Ohio and Kentucky, axing another 200 jobs....
These men, waiting in the shade in front of the employees’ entrance to the plant on a hot afternoon, all know another pertinent fact about the light-bulb law that is killing their jobs: GE lobbied in favor of it.
Why did GE, founded by Thomas Edison, lobby to kill the incandescent light bulb?
The company said in 2007 it wanted to make sure it was working under a single federal efficiency standard, rather than a patchwork of state regulations. GE also touts its compact fluorescents as one of the green products in its “eco-magination” initiative.
The workers don’t buy the green arguments, pointing to the mercury gas that’s in the fluorescents...
So, GE gets environmentalist brownie points for selling “clean” light bulbs, and they also get to charge more for their bulbs. But there’s another advantage—they save on labor with fluorescents, because they make the fluorescents in China.
Not only are wages lower there, but so are the regulatory burdens, both environmental and labor. The Times of London recently reported, “Large numbers of Chinese workers have been poisoned by mercury, which forms part of the compact fluorescent lightbulbs.”
08/28 04:10 PMShare
GE stands to make zillions on this fraud—cap and trade. And Obama the puppet is lapping it up.
Unmasked? It’s not like they’ve been very secretive about it...
no one could seriesly believe that with nbc as in the tanks for libs as they are, that the parent co. didn’t approve.
it’s all about money, forget the entertainment or the message (unless it is a gay is OK one) , put on pigs playing poker, cows bbqing rabbits, joan rivers interviewing rich folks, the money still rolls in and their shills play on..
Obama’s I.G. Farben. History is a bitch.
our prez has conflict of interest.....
Obama is just another notch in their despotic belt.
Taking advantage of costs and markets are what capitalists do.
(Full disclosure: I work for a GE startup).
Pratt and Whitney's Geared Turbofan.
In an industy that would kill for a 1% reduction in TSFC (turbine specific fuel consumption) this engine will get 12 to 15% reduction and a 40% reduction in noise. Pratt has been perfecting the gearbox for the last 15 years. and will be "Type Certificated" if the project stays on track in 2012. That means FAA certified and ready for production.
GE's technical trump card?
Dusting off the old " undiucted fan" and start research.
IMHO in other words GE has Zero ZIP NADA...
Don't even get me started on the warning that went out about GE's financial Arms Real-Estate Portfolio that some say is off 60 billion....
GE seems to want to play I G Farben to Obama’s Hitler.
GE needs to be reminded of Westinghouse and politicians they think they own.
While this is not news to those of us who have been paying attention and are concerned about our liberty, I am afraid that the collective response from most Americans will be one big yawn. That scares me!
From NBC's standpoint, who cares about its low ratings and lack of advertising dollars when your parent company stands to profit handsomely from the cap-and-trade scheme.
What a shame. I was planning on buying another GE refrigerator to replace my old GE side by side with the door in door. Anyone recommend a good, reliable refrigerator manufacturer?