In response to:

GE’s Immelt: The Damndest Scoundrel and the Damndest Fool

johnm h Wrote: Dec 12, 2012 6:27 AM
China works because they are Chinese and they are freeing huge chunks of their economy in spite of the government. But the heart of their liberalization success is that they can choose to produce products that already have markets in the West. So they don’t have to invent and design and they don’t require a free self organizing market because the West produces the new technology, generates prices in a free market and it’s consumers never stop buying. How will they do once Obama succeeds in destroying our creative juices?

“Jim Jett always used to say that his brother was the damndest scoundrel that was ever borne,” drawled Abraham Lincoln, “but by the infinite mercy of providence he was also the damndest fool.”

Jeffrey Immelt, the modern version of Jim Jett’s brother and Chief Executive Officer of General Electric, should be fired.

Actually, if it’s possible, he should be fired twice: once because he’s a scoundrel and another time because he’s a fool.

As a fool and as a scoundrel, the guy has wonderful timing; timing that can only be attributed to the vast Left-Wing conspiracy that aims to convince...