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GE Bringing Socialism and other Bad Things to Life
The Minority Report ^ | August 15, 2009 | Steve Foley

Posted on 09/08/2009 8:24:26 PM PDT by khnyny

The current dust-up between Fox News and NBC News/MSNBC has put the focus back on GE and their historically overwhelming penchant for supporting socialism and some would say the destruction of free markets.

Which brings me to General Electric or GE, GE under the tutelage of Jeffrey Immelt has not only brought the global giant to the brink of collapse but after doing business with Iran and Syria and receiving $139 Billion from the government to back up it’s debt, GE has positioned itself to be the government arm for both Cap-N-Trade and ObamaCare.

(Excerpt) Read more at theminorityreportblog.com ...


TOPICS:
KEYWORDS: economy; ge; healthcare; obamacare; socialism
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1 posted on 09/08/2009 8:24:27 PM PDT by khnyny
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To: khnyny

GE is already on my personal banzai boycott list along with GM and Chrysler.


2 posted on 09/08/2009 8:27:36 PM PDT by FlingWingFlyer (ObamaCare! When "natural causes" just isn't good enough!)
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To: khnyny
receiving $139 Billion from the government to back up it’s debt, GE has positioned itself to be the government arm for both Cap-N-Trade and ObamaCare.

The price they are expected to pay for getting on the communist party dole.

3 posted on 09/08/2009 8:28:44 PM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: khnyny

I worked for GE for a few years, early in my career. Wasn’t pleasant.


4 posted on 09/08/2009 8:29:35 PM PDT by Steely Tom
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To: FlingWingFlyer

Same here. No investments by me in any of those companies.


5 posted on 09/08/2009 8:30:26 PM PDT by Parley Baer
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To: Parley Baer

C’mon, you could make a killing in penny stocks!


6 posted on 09/08/2009 8:34:16 PM PDT by HiTech RedNeck (Proud Sarah-Bot.)
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To: FlingWingFlyer

I just bought a stove and fridge deliberately avoiding GE!!!


7 posted on 09/08/2009 8:39:15 PM PDT by bronxville
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To: khnyny

I used to believe the Democrat Party controlled the MSM.

Now I understand the truth: it is the other way around. The MSM controls the Democrat Party.

The propaganda machine controls the political machine in the Obama Whtie House, not the other way around.

That is why MSM hated Bush so much. They could not control him.


8 posted on 09/08/2009 8:40:49 PM PDT by FlyingEagle
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To: khnyny

GE will go the way of Westinghouse. When you deal with crooks and greedy POSs; you are going to pay for it in the end.


9 posted on 09/08/2009 8:42:30 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: FlyingEagle

http://greenhellblog.com/2009/08/19/gepac-advises-ge-employees-to-support-waxman-markey-because-of/

GE seeks support for GE-minded politicians

General Electric’s political action committee (GEPAC) issued the following letter to GE employees soliciting contributions so that it can support politicians who make money for the company, including with respect to the Waxman-Markey climate bill, financial services reform and military spending.

The e-mail (below) was apparently sent today by John Rice, the CEO of GE Technology Infrastructure:

Dear Colleagues:

I would like to invite you to join me in an important initiative available to GE leaders — the GE Political Action Committee (GEPAC). This year, Senior Professional Band (SPB) employees will have the choice to join other eligible employees to become members of GEPAC.

The intersection between GE’s interests and government action is clearer than ever. GEPAC is an important tool that enables GE employees to collectively help support candidates who share the values and goals of GE. While we must continue to engage elected officials to help them better understand our various businesses and how legislation affects our Company and our customers, we must also make sure that candidates who share GE’s values and goals get elected to office...

Read more at above link. I believe it’s called facism.


10 posted on 09/08/2009 8:45:21 PM PDT by khnyny (Barack Obama and Van Jones: another one bites the dust.)
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To: bronxville
I just bought a stove and fridge deliberately avoiding GE!!!

I was looking at a fridge over the weekend. One was on sale, but I saw the GE, and my wife and I walked on. Even if GE were the last refrigerator manufacturer standing, I would eat canned food, jerked meat, and pickles before I'd buy one of their fridges.

11 posted on 09/08/2009 8:46:41 PM PDT by ElectronVolt
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To: All
If you haven't read it, folks, this is a real eyeopener:

GE: A Corporate Sponsor by Andrew Wilkow and Nick Rizzuto

12 posted on 09/08/2009 8:58:24 PM PDT by rlmorel (You cannot reap the benefits right now of the planning ahead you didn't do in the past.)
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To: khnyny

From Wiki:

Nazi Minister of Propaganda

That was Joseph Goebbels (1897-1945). He and his family spent the last days of their lives in the Berlin bunker with Hitler. He and his wife poisoned their kids and then committed suicide.

Obowma Minister of Propaganda
That was ?

Jeffrey Robert “Jeff” Immelt (born February 19, 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of the U.S. based conglomerate General Electric.


13 posted on 09/08/2009 9:03:29 PM PDT by FlyingEagle
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To: rlmorel

That’s an excellent article. It’s incredible how there is a distinct monetary incentive to support the Obama administration. NBC = conflict of interest.


14 posted on 09/08/2009 9:06:11 PM PDT by khnyny (Barack Obama and Van Jones: another one bites the dust.)
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To: khnyny

I work in medicine...I have almost no choice but to deal with GE due to work decisions.

I know some of the people personally, and I don’t have a problem with them. I have a problem with the way GE does business.


15 posted on 09/08/2009 9:08:54 PM PDT by rlmorel (You cannot reap the benefits right now of the planning ahead you didn't do in the past.)
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To: khnyny

TO: Jeffrey Immelt

April 21, 2009

My Dear Mr. Immelt,

My late father worked for GE for many years in the Apparatus Service Division out of Cleveland, Ohio (specialized in marine work) and was always proud of his relationship with a grand old American enterprise. You were growing up down there in Cinci at the time and, one could assume, were inculcated with those same traditional values my father developed growing up in Coshocton, Ohio.

My wife and I are long-time GE shareholders and have remained thus through the current tumultuous period.

But we have become concerned, indeed ALARMED, at recent events at GE, the most telling of which is your evident embrace of a man who is clearly hell bent on dragging America into some sort of fascist or socialist nightmare. And make no mistake — that is PRECISELY where he is headed.

My wife and I have both signed the “We Surround You” letter at the Free Enterpriser web site so I shant belabor the points already made therein.

I served in the USAF for four years between ‘62 and ‘66. One day in May of ‘62, I raised my hand and swore an oath to God to “...defend the Constitution of the United States.”

To the best of my knowledge, that oath had no expiration date and is still active.

I would respectfully ask you to reconsider your recent activities vis-a-vis what many out here in fly-over country consider to be aiding and abetting an enemy of that Constitution and the IDEA of America envisioned by the Founding Fathers.

If you do nothing else, pray about that and think about what your continued course of action portends for your kids, your grandkids and, more importantly to me, mine.

Dick Bachert

Since I sent this email — to which I received a polite and completely useless computer generated reply — things have only gotten worse as Obama has hoisted the flag of state/corporate socialism even higher up the pole. And the public outrage now bubbling over the top will, I fear, cost GE far more than Jeffrey Immelt can know. I pray that America — THE IDEA — will somehow survive Obama. And I pray that an old and venerable firm like GE will somehow survive what I consider to be potentially death-dealing decisions by Jeff Immelt to throw in with the worst occupant of the White House in my 70 years.)

NOWHERE TO HIDE!
http://www.youtube.com/watch?v=dqw7kXG0kxU


16 posted on 09/08/2009 9:40:33 PM PDT by Dick Bachert (.)
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To: FlingWingFlyer

Don’t forget Ford, who is getting massive “retooling” loans for green cars. These loans can evidently be spent on whatever Ford needs to spend it on once the retooling is covered. Since they are already building “green” cars, it begs the question, are they spending it to keep the lights on?

Basically, it just leaves us with foreign manufacturers who build here. Not that I have a problem with that, if I actually liked foreign car designs (generally, I do not).


17 posted on 09/08/2009 10:36:21 PM PDT by Aqua225 (Wants to buy Ford, Chrysler, and GM products, but the idea hurts my conscience.)
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To: khnyny

GE lite!


18 posted on 09/08/2009 11:27:47 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: khnyny

You shall not covet your neighbor’s house; you shall not covet your neighbor’s wife, or male or female slave, or ox, or donkey or anything that belongs to your neighbor.

Tocqueville, a foreigner observer of the American experiment in the 1820’s observed, “Though man resembles the animals in many respects, one characteristic is peculiar to him alone: he improves himself and they do not.” Tocqueville’s major concern was that the quest for equality of results would conflict with the liberty that undergirds our prosperity. Tocqueville wrote that people want “equality in freedom, and if they can not have that, they still want equality in slavery.” The modern day class warfare is based on the eternal battle between liberty and the quest for the equality of results. Someone once observed that there are people, who so hate the rich that they are willing to destroy the ability of the poor to advance up the economic ladder. The modern day war against the wealthy is a war against all.

If things are so bad here in the U.S. why do people from Cambodia, Turkistaan, Senegal, Sri Lanka, Ghana and Mexico desire to come here and why don’t the poorest of our citizens clamor to emigrate to such socialist Utopias like Cuba, North Korea, Venezuela, Vietnam or even Canada? Why? Because they know they have it good all things considered. At least they are free and with their vote have redistributed income from the “rightful owners” to themselves. As Ben Franklin noted when a majority of the electorate realize they can vote themselves the wealth of the nation our republic will come to an end. Is that day fast approcahing?

Class warfare is not only immoral, but also bad economic policy.


19 posted on 09/09/2009 12:16:56 AM PDT by 2ndDivisionVet (I will raise $1 million for Sarah Palin if she runs; What will you do?)
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To: Dick Bachert

Thanks for sharing - that is a great letter.


20 posted on 09/09/2009 7:46:46 AM PDT by khnyny (DEMS: sucking from the cash cow teat of healthcare (slurp, slurp))
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