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JACK WELCH, FORMER CEO GE SAYS 'NO' TO OBAMA
CNBC Kudlow & Cramer Show ^ | 10/29/08 | Kackikat

Posted on 10/29/2008 5:02:08 PM PDT by Kackikat

Jack WELCH, former CEO of GE said on Kudlow that 'I don't know how any businessman could (come out or vote?) for Obama.

Welch explained that Rhode Island has an 8% unemployment rate, and that's 40% higher than the 6% in the rest of country. Welch said that McCAin needs to hit that, because the reason for that 8% in R.I. is directly from the higher taxes in that state, which is highest taxed businesses in U. S.

Jack Welch also condemned the Obama support for "no secret votes on Unions", which Welch said should never happen.

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


TOPICS: Breaking News; Business/Economy; Extended News; News/Current Events; US: Rhode Island
KEYWORDS: 2008; economy; frg; jackwelch; jobs; mccain; nobama; obama; taxes; unemployment
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To: taildragger
Jack Welch was in the right place at the right time... he is an overrated demigod, you have it right.

Another spawn besides Nardelli was Larry Johnson - he deep sixed Albertsons in no time at all.

And speaking of overrated... why is Carly Fiorino on the McCain team? She's another one - nearly killed off HP before they finally got rid of her.

41 posted on 10/29/2008 6:13:19 PM PDT by american colleen
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To: ncfool

Yep, Jack is probably dying seeing what is happening to GE since he left, Immelt is a loser of a CEO.

GReat endorsement in my view, Welch and Schwarzkopf were the best leaders I’ve seen or read about, I’d take Welch over Buffet in a second.


42 posted on 10/29/2008 6:15:15 PM PDT by padre35 (Sarah Palin is the one we've been waiting for..Rom 10.10..)
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To: nufsed

The Employee Free Choice Act. It effectively repeals right-to-work laws in many states and eliminates the secret ballot for union elections. It would effectively unionize hundreds of businesses. There are basically three heavily unionized industries in this country: carmakers, airlines, and teachers. I don’t need to tell you how those groups are faring.


43 posted on 10/29/2008 7:00:34 PM PDT by St. Louis Conservative
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To: St. Louis Conservative

Thanx


44 posted on 10/29/2008 7:03:12 PM PDT by nufsed
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To: american colleen
"Jack Welch was in the right place at the right time ...

The right place at the right time for twenty years? Jack was CEO from 1981 to 2001.

Now I believe in luck, but twenty consecutive years of luck is something else.

45 posted on 10/29/2008 7:09:05 PM PDT by magellan (u)
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To: Tarpon

“Union thugs get to see how you vote, no secret ballot, when deciding to unionize and allows the thugs to unionize small business as well.”

We are going to see businesses close, the likes have never been seen before. The first worker to vote against a union will be dead in 24 Hrs.

Communism/socialism at its best. Time to prepare!


46 posted on 10/29/2008 7:13:52 PM PDT by dbacks (I would rather be Sarah Palin than Para-Sailin'!)
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Smart man.

Thank you Jack!

And it's clear that 70% of all CEO's think that NObama's presidency would be disastrous to business.

47 posted on 10/29/2008 7:20:19 PM PDT by NoRedTape
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To: Kackikat
But But But... I thought people with over $10 million in net worth are all supporting Obama because it is their patriotic duty to pay more taxes so the government can give the money to poor people! Get with the program, Jack! /s
48 posted on 10/29/2008 7:24:00 PM PDT by April Lexington (I'm voting for McCain in 2008 and Jefferson Davis in 2012)
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Looks like some MSM weasels removed the article quoting Jack Welch.
I can't find it anywhere now.......................

49 posted on 10/29/2008 7:28:30 PM PDT by NoRedTape
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To: Kackikat

A lot of good information in the run up to this election, I think this is the 6th post I’ve bookmarked today.

Thanks for posting.


50 posted on 10/29/2008 8:25:43 PM PDT by Sergio (If a tree fell on a mime in the forest, would he make a sound?)
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To: Nik Naym
GE owns NBC and MSNBC do they not?
GE is part of the problem, not victims of it.


Painful truth ping!
51 posted on 10/29/2008 8:33:27 PM PDT by Infidel Puppy
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To: dbacks

Not really, Jimmy Carter holds the records so far, not clear Obama will beat him out. Gonna be a close race though.

Socialists never learn.


52 posted on 10/29/2008 10:33:53 PM PDT by Tarpon (Barack Obama will ban all the guns he has the votes for ...)
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To: stockstrader

Bingo! McCain needs the star power and more legitimacy on the economy.


53 posted on 10/30/2008 1:05:40 AM PDT by TheThinker (It is the natural tendency of government to gravitate towards tyranny.)
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To: Tarpon
It really has two parts, they take away the secret ballot, and force unions on small businesses. Neither of which is anything but more thugocracy.

And a sign of things to come for the rest of us...

54 posted on 10/30/2008 6:04:33 AM PDT by rock_lobsta (Obama has never done anything hard)
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