Posted on 06/29/2009 6:29:56 PM PDT by FromLori
Jeff Immelt, chairman and chief executive of GE, has highlighted his fears of protectionism and called on President Barack Obama to steer US foreign policy toward more open relations with rest of the world, particularly China and the Middle East, to help American companies foster exports and drive economic growth.
Jeff Immelt has called for President Obama to initiate more open foreign relations
In an exclusive interview with The Daily Telegraph before the opening of the London Business School's Global Leadership Summit on Monday, Mr Immelt said: "US foreign policy needs to be first and foremost focused on the US citizen and the interests of the country. I do think it's helpful when we engage the Middle East, India, China and Europe - these are important relationships - the extent to which the US has open relations with these countries.
That's good for us. I worry about protectionism right now, particularly in a recession, particularly for a company the size of GE. We need free and open access."
Mr Immelt sits on President Obama's Economic Recovery Advisory Board and GE has recently locked horns with the administration over financial services regulation, which could affect the future ownership of its GE Capital finance arm.
(Excerpt) Read more at telegraph.co.uk ...
Ah yes, Jeffrey Immelt. I recall that guy. Loser, incompetent screwup. And now he’s just another corporate bitch in Bambi’s harem.
Who cares what Jeffrey Immelt has to say.
Least of all his Lord and Master, Bambi.
Buy American folks, as much as you can. Put our people back to work. Do it where it makes sense to you but at least think about it when you purchase goods.
I have a little trouble believing anything I hear coming out of GE (Green Energy) these days.
I agree. He is/was a big Obama supporter. I don’t think much of his leadership with his support of Obama’s programs.
Yup, Immelt is a big Obama cheerleader.
Well if the American made product is good and the price is reasonable I’ll buy it.. Plus it is not union made..
Immelt, Mr Cap and Trade is a C-word lips
I seem to recall a watershed moment back in W’s administration when several big companies (including GE) suddenly flipped from passively opposing the “climate change” hokum, to actively supporting it.
Of course, their reasoning was utterly transparent — they were supporting cap and trade cynically, not because they believed in the science, but because they saw there was a huge pot of $$$$$ to be made by getting in the game.
This happened not on Jack Welch’s watch, but on Immelt’s.
He’s a worthless POS.
ahh....the Lord of the Windmills seems suddenly disenchanted with Lord Bam...
Jeff Immelt is GE’s Steve Case.
golly, wonder how much engineering and manufacturing ge has going on in asia?
GE also made out like a bandit on the bank bailouts besides expecting untold billions from the stimulous for “green” energy!
The personification of GE culture.
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