Right Thinking From The Left Coast
The price of anything is the amount of life you exchange for it - Henry David Thoreau

Friday, January 21, 2011

For when a libtard tells you that capitalism & evil corporations are the problem

Here is some nice ammunition to prove them the party where corporations get the big favors from, in return for big campaign funds of course, is the donkey party. Not only do they get favors, they get to help government make the rules to squash their competition.

President Obama today will name General Electric CEO Jeff Immelt chairman of the new Council on Jobs and Competitiveness, the White House announced overnight. The Jobs and Competitiveness Council’s establishment signals that the president believes the economic recovery has entered a new, more productive phase. It will advise the president on job creation policies and on the establishment of a long-term growth strategy. Its composition was not immediately available.

The creation of the new entity coincides with the early February dissolution of the President’s Economic Recovery Advisory Board (PERAB), which was tasked principally with fixing the financial markets and restoring the American economy to equilibrium. Tonight, the administration formally announced the resignation of PERAB Chairman Paul Volcker. Immelt was one of 17 members of the board.

As I have mentioned repeatedly: GE is in bed with the left. It’s why it sheds jobs in the US and sends them overseas with impunity, gets big tax payer funded subsidies in return for that, and in general can be found with it’s nose firmly planted up some democrat stooge’s behind.

Immelt, GE’s CEO since September 2001, met with the president earlier this week and attended Wednesday’s state dinner with Chinese President Hu Jintao. He will guide the president on a tour of GE headquarters in Schenectady, N.Y., today. Immelt, a Republican, donated to both Hillary Rodham Clinton and John McCain during the last presidential cycle, but not President Obama, according to Bloomberg.

Heh, he is doing it all to help America!

Posted by AlexinCT on 01/21/11 at 08:05 AM in Decline of Western Civilization   Deep Thoughts   Fun and Humor   Left Wing Idiocy   Politics   Law, & Economics  • (0) TrackbacksPermalink
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