Obama’s hidden bailout of General Electric

Washington Examiner ^ | 03-05-2009 | Tim Carney

[theruleshavechanged]

In short, GE plans to get rich by being one of the government’s closest partners — which it has always been, thanks to its unmatched lobbying efforts.

[theruleshavechanged]

The new lobbyists: CEOs and heads of corporations who are buddies with Obama!

[silverleaf]

http://market-ticker.org/archives/853-More-GE-IMPORTANT.html

better start bailing

[JaneNC]

BO is taking care of GE...no worries.

All the greenie billions go to GE

[misterrob]

He makes an interesting point. Is it really that GE is a badly run company or is it that the financial markets have a flaw that allow corporations to be executed through no fault of their own?

[DTogo]

YEP!

GE seeks government partnership in new economy (Glenn Beck nailed it!)

[Nephi]

Allow me to point out that that isn’t Capitalism. It’s fascism.

[ex-snook]

SAVE THE WHALES INDUSTRIES!

[EGPWS]

In short, GE plans to get rich by being one of the government’s closest partners — which it has always been, thanks to its unmatched lobbying efforts.

If GM can't make it on their own, partnering with the government isn't going to change the fact.

It's just going to create a job market for printing press technicians to keep the dollars flowing and law enforcement to hold the public at bay.

[EGPWS]

Uhmm, GE....

[penelopesire]

“In a letter this week, GE’S Immelt told shareholders that current events present an “opportunity of a lifetime,” because “capitalism will be ‘reset.’ ”

Immelt wrote: “The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner.””

Mr. Immelt should be hung for treason! Socialist/marxist pig!

[MeanWestTexan]

“Allow me to point out that that isn’t Capitalism. It’s fascism.”

Close. It’s traditional name was “national socialism.”

It was very, very good to certain well-connected companies.

[Williams]

Politics is all about the money, they are all stealing for one another to the tune of trillions. All legal, of course.

[Frantzie]

No wonder Chris Matthews tingle up his leg at MSNBC. Obama will control NBC, MSNBC and CNBC while the others follow along including Saudia-Fox.

[silverleaf]

http://market-ticker.org/archives/846-Here-It-Comes-GE.html

I think Denninger is concerned about manipulation to take down viable companies. There could be no stopping this without a takedown of the corporate economy, if true and if not addressed by zerO’s team. Which is either inept, or complicit.

[kcvl]

6.74 +0.05 (0.75%) Mar 5 2:17pm ET

[kcvl]

GE - 6.74 +0.05 (0.75%) Mar 5 2:17pm ET

GM - 1.82 -0.38 (-17.27%) Mar 5 2:18pm ET

[EGPWS]

Immelt wrote: “The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner.””

Mr. Immelt should be hung for treason! Socialist/marxist pig!

GE is just too big to fail....

Right?

[Nephi]

Call it whatever you are comfortable with, but don’t call it capitalism. That was my point.

[penelopesire]

I am praying that GE fails and fails big! These people are part of a plan to destroy our entire country with this globul warming hoax! He basically admits in the snipet that he is promoting the marxist take-over of our country and plans to profit from it.