Posted on 10/05/2009 6:05:35 AM PDT by jmaroneps37
This is an excerpt from a recently obtained internal E mail written by a gleeful GE executive.
On climate change we were able to work closely with key authors of the Waxman-Markey climate and energy bill, recently passed by the House of Representatives. If this bill is enacted into law it would benefit many GE businesses.
benefit many GE businesses becomes clearer by following the paper trail of donations from GEPAC the lobbying arm of General Electric Corporation.
GE/Democrat pay to play scheme Last year most of GEPACs contributions went to Democrats. This year almost all of its cash bought Democrats. Over 24 months GEPAC donated 2.4 million dollars to Democrats. GEPAC greases every greedy Democrat they see.
In return the Democrats get Chris Matthews tingling leg and kid glove treatment from NBC news.
Under the radar
GE, however, got two huge payoffs that have gone under the radar thus far.
Folded into the new version of the Cap and Trade bill is Section 821(c) which requires the EPA set new standards for greenhouse gas emissions for new aircraft and new engines used in new aircraft by December 12, 2012.
General Electric Corporation is the only company that can produce these engines in meaningful quantities by then. Even modest projections put the companys gross sales of green engines in coming years at $12 billion.
Last Friday GE it made an agreement with American Electric Power (AEP) to sell them 110,000 smart meters. On September 1, AEP applied for a $75 million, sure to be approved, Energy Department stimulus grant to pay for them. Again only GE is equipped to fill this order. Of course the $75 million is our money.
GE CEO Jeff Immelt is on Obamas Economic Recovery Advisory Board.
Do you think that helps America or Obama?
(Excerpt) Read more at collinsreport.net ...
Good stuff Coach.
G E pretty much wrote the bill. Since Obama is going down the tubes, it may be prudent to short GE again ;-)
All of the GE networks have been selling global warming theories. This administration is so corrupt
Shades of the tea pot dome scandal...only “green” now!
lets see the email.
Great work in calling attention to this, but its value is diminished if not accompanied by a direct reference to the source material.
The beauty of the internet is that it allows many to view direct source material and not depend on the “interpretation” of others.
SENT TO DRUDGE!
What is good for GE, is good for America.
Y’all make sure you send it to Breitbart as well!
Of course you are right in demanding the proof. When articles are excerpted from the Collins Report or anywhere else FR only allows 300 words. Writing these essays requires making choices about how to construct the text and say something important within 300 words. There is more on the C/R should anyone wish to read more.
" "What is good for General Motors is good for America - Chairman and CEO, Charlie Wilson, 1955
PING.
“There is more on the C/R should anyone wish to read more.”
Yes, (and I did read it prior to posting) but not an actual link to the email that’s referenced. (or in the Washington Examiner piece - if I missed it - my mistake)
Again, I think this is good work and very serious stuff; but when there’s a “smoking gun” it only counts as a smoking gun if we can see it. It’s not a smoking gun if someone assures us they’ve “seen the gun - and it’s smoking.”
It’s so easy to link to and post source documents like “emails” I just have to wonder why the people that claim to have such documents chose to not disclose them.
Ping.
PING FOR LATER!
Pay to play. I recall a certain state treasurer in a southwestern state known for slimy politics who went to prison for that.
Just as a side, GE has already begun to implement Obamacare with a change in insurance coverage for their employees.
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