You know Jeffrey Immelt, right? The CEO of one of the world's most profitable corporations, and one of 147 such corps in the world that Carnegie U now says controls 40% of the world's wealth, right? The guy personally appointed by Obama to the President's economic advisory board and recently made Head of Obama's Jobs Council? The boss of GE which still holds 49% of NBC after selling Comcast 51% of NBC?
Yeah...
...that GE/Comcast/NBC/Obama World Conglomerate Combination. You can read more of that incestuous relationship in the second part of this report.
Meanwhile, on his present vacation, the President and his Senior Adviser, Valerie Jarrett, go-a-calling to the Chairman and CEO of Comcast/NBC...
...and while you're pondering truth, try not to forget Obama's boilerplate staple of the rich and their private jets spiel and your own preference to assign BIG CORPORATION bad stuff to anyone else but your own guy: he's a liar and he's on the take.
http://images.politico.com/global/politico44/110821_motorcade_522_ap_regular.jpg
Obama pays Sunday visit to Comcast NBC CEO
by Glenn Thrush 08/21/11
The presidential motorcade on Martha's Vineyard peeled out of Blue Heron Farms at 5:15 p.m. with the president and Valerie Jarrett in tow.
After 10 minutes, we made an abrupt left turn on John Cottle Road — an unpaved, deeply rutted eight-foot-wide private path hemmed in by ivy, scrub oak and big, scary boulders.
After bottoming out four times — we're talking two-foot holes in a sand-and-gravel road, along with one hairpin turn — Obama and Jarrett arrived at the West Tisbury home of their friends Brian and Aileen Roberts, spokesman Josh Earnest informs us. It was 5:30 p.m.
Roberts is chairman and CEO of Comcast.
http://www.politico.com/politico44/...ods_e6c4b4e2-aec1-417b-a8e7-3a2989b80c7f.html
GE, NBC, and Obama: Conflicts of Interest?
by Steve Tobak
September 9, 2009
It’s no secret that GE CEO Jeffrey Immelt is on President Barack Obama’s economic advisory board. And that GE is the parent company of NBC Universal. It’s also well known that NBC News is in bed with President Obama, who even joked about it at a recent media event:
“A few nights ago, I was up tossing and turning trying to figure exactly what to say. Finally, when I couldn’t get back to sleep, I rolled over and asked (NBC News anchor) Brian Williams what he thought,” Obama said.
But does that constitute a conflict of interest for either GE or President Obama?
How about the fact that GE Capital received a federal loan guarantee of $139 billion via the Wall Street bailout?
Or that Immelt is a member of the board of the New York Federal Reserve, formerly headed by Obama’s treasury secretary, Timothy Geithner?
Or, and this is the big ticket item, that GE stands to make billions off the Obama administration’s Cap and Trade and Alternative Energy initiatives?
From the Washington Examiner’s Obama’s hidden bailout of General Electric:
While many companies hire lobbyists to win earmarks, General Electric’s unmatched lobbying force has secured a tax increase — or its equivalent — in President Barack Obama’s budget.
Labeled “climate revenues” and totaling $646 billion over eight years, this line item in Obama’s budget has inspired confidence in GE Chief Executive Officer Jeff Immelt.
How can Obama generate “climate revenues”? By forcing companies to pay for the right to emit greenhouse gases such as carbon dioxide. In short, cap and trade requires businesses to spend “credits” to pay for their emissions.
GE has started a joint venture called Greenhouse Gas Services, which invests in — and hopes to manage the trade in — greenhouse gas credits. But these investments and this trading floor are of basically no use and nearly no value without government restrictions on greenhouse gases.
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.”
In short, GE plans to get rich by being one of the government’s closest partners.
Immelt’s own comments are by no means hyperbole; the scheme is brilliant. GE is one of America’s largest corporations. And GE’s Energy Infrastructure, Technology Infrastructure, and Capital Finance business segments - which in total comprise about 75 percent of the company’s revenues - will each benefit greatly from the Obama administration’s policies.
Now, does that constitute a conflict of interest for GE or for President Obama? I mean, how much is the unwavering support of one of America’s major news networks worth to the president of the United States? And how much is it worth to GE to give that support? I’m just asking.
http://www.bnet.com/blog/ceo/ge-nbc-and-obama-conflicts-of-interest/2804
Just remember...
...next time your disingenuous, hollow hearts start spewing crap about who favors big corporations, don't forget the current Democrat President of the United Socialist State of America is getting the biggest take.
Yeah...
...that GE/Comcast/NBC/Obama World Conglomerate Combination. You can read more of that incestuous relationship in the second part of this report.
Meanwhile, on his present vacation, the President and his Senior Adviser, Valerie Jarrett, go-a-calling to the Chairman and CEO of Comcast/NBC...
...and while you're pondering truth, try not to forget Obama's boilerplate staple of the rich and their private jets spiel and your own preference to assign BIG CORPORATION bad stuff to anyone else but your own guy: he's a liar and he's on the take.
http://images.politico.com/global/politico44/110821_motorcade_522_ap_regular.jpg
Obama pays Sunday visit to Comcast NBC CEO
by Glenn Thrush 08/21/11
The presidential motorcade on Martha's Vineyard peeled out of Blue Heron Farms at 5:15 p.m. with the president and Valerie Jarrett in tow.
After 10 minutes, we made an abrupt left turn on John Cottle Road — an unpaved, deeply rutted eight-foot-wide private path hemmed in by ivy, scrub oak and big, scary boulders.
After bottoming out four times — we're talking two-foot holes in a sand-and-gravel road, along with one hairpin turn — Obama and Jarrett arrived at the West Tisbury home of their friends Brian and Aileen Roberts, spokesman Josh Earnest informs us. It was 5:30 p.m.
Roberts is chairman and CEO of Comcast.
http://www.politico.com/politico44/...ods_e6c4b4e2-aec1-417b-a8e7-3a2989b80c7f.html
GE, NBC, and Obama: Conflicts of Interest?
by Steve Tobak
September 9, 2009
It’s no secret that GE CEO Jeffrey Immelt is on President Barack Obama’s economic advisory board. And that GE is the parent company of NBC Universal. It’s also well known that NBC News is in bed with President Obama, who even joked about it at a recent media event:
“A few nights ago, I was up tossing and turning trying to figure exactly what to say. Finally, when I couldn’t get back to sleep, I rolled over and asked (NBC News anchor) Brian Williams what he thought,” Obama said.
But does that constitute a conflict of interest for either GE or President Obama?
How about the fact that GE Capital received a federal loan guarantee of $139 billion via the Wall Street bailout?
Or that Immelt is a member of the board of the New York Federal Reserve, formerly headed by Obama’s treasury secretary, Timothy Geithner?
Or, and this is the big ticket item, that GE stands to make billions off the Obama administration’s Cap and Trade and Alternative Energy initiatives?
From the Washington Examiner’s Obama’s hidden bailout of General Electric:
While many companies hire lobbyists to win earmarks, General Electric’s unmatched lobbying force has secured a tax increase — or its equivalent — in President Barack Obama’s budget.
Labeled “climate revenues” and totaling $646 billion over eight years, this line item in Obama’s budget has inspired confidence in GE Chief Executive Officer Jeff Immelt.
How can Obama generate “climate revenues”? By forcing companies to pay for the right to emit greenhouse gases such as carbon dioxide. In short, cap and trade requires businesses to spend “credits” to pay for their emissions.
GE has started a joint venture called Greenhouse Gas Services, which invests in — and hopes to manage the trade in — greenhouse gas credits. But these investments and this trading floor are of basically no use and nearly no value without government restrictions on greenhouse gases.
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.”
In short, GE plans to get rich by being one of the government’s closest partners.
Immelt’s own comments are by no means hyperbole; the scheme is brilliant. GE is one of America’s largest corporations. And GE’s Energy Infrastructure, Technology Infrastructure, and Capital Finance business segments - which in total comprise about 75 percent of the company’s revenues - will each benefit greatly from the Obama administration’s policies.
Now, does that constitute a conflict of interest for GE or for President Obama? I mean, how much is the unwavering support of one of America’s major news networks worth to the president of the United States? And how much is it worth to GE to give that support? I’m just asking.
http://www.bnet.com/blog/ceo/ge-nbc-and-obama-conflicts-of-interest/2804
Just remember...
...next time your disingenuous, hollow hearts start spewing crap about who favors big corporations, don't forget the current Democrat President of the United Socialist State of America is getting the biggest take.
