Beam me to Planet Gore !
Posted on 08/10/2010 9:04:49 PM PDT by Justaham
This is criminal…
FOX Business Channel’s Charles Gasparino told Bill O’Reilly tonight that GE CEO Jeffrey Immelt gathered the CNBC reporters together in early 2009 and scolded them for reporting negatively on Barack Obama. GE owns 80% of NBC Universal.
We already knew that Jeffrey Immelt was pushing non-existent global warming so that his company could benefit from cap and trade legislation. Now we know that GE’s CEO was sitting at meetings in the White House and scolding his reporters for being hard on Obama.
(Excerpt) Read more at gatewaypundit.firstthings.com ...
“Don’t forget the CFL (compact florescent Lights) that must be used in a year and a half.”
Mostly produced by GE, and costing 40,000+ Americanmostly Union jobs outforced overseas because NO ONE wants the liability for Mercury in the workplace.
In 20 years, Dems will be demanding TRILLIONS of dollars to clean these things out of the landfill.
GE is a bag of sh*t ponzi scheme rolling over short-term debt. They came close to getting their debt downgraded and they would have rapidly become bankrupt. The credit default swaps on their debt would have skyrocketed and GE would have been insolvent.
Uncle Hussein go the tereasury to back stop ALL of their debt.
Keep watching TV folks and supporting the regime. All networks own all channels and they ALL support Obama including Fox/Saudia.
No it is not. You are clueless. GE was about to become insolvent because their balance sheet is a debt bomb. The debt was going to get downgraded, which would have caused the credit default swaps (CDS) to skyrocket and the company would become insolvent overnight. See old KMart, Lehman, Bear, the list goes on.
Uncle Sam Obama backstopped all the GE debt which is in the hundreds of billions. GE kept their bogus AAA debt rating. Totally corrupt company and propagandists for the regime.
Dude - you need new friends. You should have kicked their arse to the kerb much faster. Typical parasites living off your back and good nature. Hopefully lesson learned by you.
Do us all a favor Immelt, go suck eggs and resign.
Free press means not directly controlled by the government.
It leaves all kind of room for the crony capitalism you describe.
Such shenanigans violate the spirit of The Free Press, not its letter. As for that matter does the shameless Obama-worship we see in the media.
Freedom includes the power to do stupid and corrupt things. What would be your solution? A law that would somehow enforce the spirit of the “freedom of the press?”
No kidding. Whatever Mr. Welch’s personal shortcomings, or Mr. Immelt’s, the sole yardstick by which a CEO should be measured is his management of the company. Mr. Welch enhanced shareholder value, Mr. Immelt has squandered it.
Are you quoting Immelt? If so you should provide the time and place this occurred, and who reported it. If this proceeds from your own imagination, omit the quotation marks.
GE and Obama is just like Mussolini and Fiat or Hitler with Daimler, BASF and many other German companies.
Technically bankrupt company (GE) and facist leader bailing them out as long as GE does his bidding.
I laugh when people say - why didn’t the Germans and Italians stand up? What we have may be even worse cause it is islam. The public are sheep controlled by Obama TV including Fox/Saudia. They are too lazy and cowardly to cancel cable/sat TV. Watch TV and support the regime.
The NFL, NBA, MBL, NCAA and ESPN are incredibly pro Obama.
After $1000’s of dollars Still Friends???
Believe Immelt was a Welch protege. He’s been Chairman since 2001.
Stock has rangened from $49.95 to $8.51 today it’s at $15.83. He did cut the dividend in half and is sitting on a lot of cash almost $74B.
“YOU HAVE MEDDLED WITH THE PRIMAL FORCES OF NATURE.....”
Disgraceful.
Well...Immelt fancies himself a Jack Welch syle CEO because he was there when Welch was, but Immelt is no Jack Welch.
Perhaps Mr. Immelt could use some of that cash to pay off the $600 Billion or so in company debt, of which, what, $225 Billion or so is short term or current?
The dollars don’t mean that much. The refrigerator full of rotting food after the electricity was shut off really sealed it though.
Immelt is pathetic and should be removed as CEO. More people will just boycott the company’s products. The only refrigerator I have bought that broke down before its time was a GE.
Yes, Jack endorsed him to the Board over 2 other guys and then they were both “retired” early.
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