This is what "Occupy Wall St" looks like.
But the MSM prefers to write headlines about "Tea Party Attacks".
GE doesn’t have to worry about its brand with me, I already avoid their products. Same as Government Motors and Dodgy Chrysler, Google, Apple and other openly hostile to America companies.
Does GE have a business line that isn't in bed with the government?
Probably not. If you'll recall, Jeffrey Immelt gave a speech a few years ago which openly admitted that GE's business model was no longer to produce products to make profits, but simply to grab as many government contracts as possible.
And guess who’s buying all those Volts?? And guess who has the monopoly on plug in stations??
I still don’t like the term “crony Capitalism”. “Corporate Socialism” seems to me to be more accurate.
This must cause a real problem for some here at FR. Making money for the shareholders is a corporation’s number one job. GE isn’t breaking any laws, and they are saving lots of money in taxes. They just have to cozy up to Obama to do it.
When lay down with dogs, you get fleas.
Immelt has poisoned the GE brand with his crony corruption. I know many people that now avoid GE the way they shun GM.
What is happening to GE is a good example of why businesses should avoid getting involved in politics. No matter what you do you are bound to make a large fraction of potential customers angry.
Well damn, tax payers are tired of GE sucking our tits, well damn.
This is what "Occupy Wall St" looks like.
But the MSM prefers to write headlines about "Tea Party Attacks".
When I went to the appliance store I told the salesman I wanted to look at anything except GE or Hotpoint. He asked why and seemed surprised when I told him.
Ended up with a Maytag and we're very happy with it.
Geoffrey Immelt is a corrupt crook of the worst kind. GE was always one of American’s great, innovative, dependable companies. He has taken it and made it into a crony capitalist venture company, headquartered in China, that pays NO TAXES at all. And he has given enormous donations to Zero, who has made him his chief corporate consultant.
If that isn’t crony capitalism, I don’t know what is. Who is going to make the jet engines and the locomotives for our country? Chinese workers? What happens if we get attacked by China a few years from now? Can our defense supplies survive the sudden disappearance of GE over to the enemy?
Walt Disney used to be a great film company, until after the founder died, and a gang of corrupt leftists moved in, changing it from a company that made family films like Snow White to a company that made gross anti-Catholic films like Priest, and even pornography. That has changed since, because moviegoers refused to put up with it. I hope GE has the same experience. Immelt needs to be kicked to the curb, and without the usual billion dollar parachute.
To some FReepers, anything a company does to make a buck - even if it’s illegal and it doesn’t get caught - is a great thing. They are one-issue (fiscal) conservatives. Just saying.
Their appliances are junk - and we have had enough of them to speak from experience.
We will never spend another dollar on anything manufactured by GE.
Pisses me off big time.
We have Government Electric to go with Government Motors.
I hate National socialism as much as global communism. Way too many of America’s richy riches have gone off the deep end. It reminds me of French and British Royal inbreeding problems. The “smart” people are stupid and corrupt.
And, I don't need him or what he's done to the GE brand. I sold my GE stock (since Immelt, GE's stock has dropped 60%) and will not replace my GE kitchen appliances with GE models, won't buy their light bulbs or anything else with GE's name on it and I avoid any of their subsidiaries.
He won't feel it, but my life is cleaner without them and my conscience is too. FUJI!
Then they must really hate Boeing.