In response to:

Obama's Corporate Fool

Stuart95 Wrote: Dec 29, 2012 12:28 PM
"Obama's Corporate Fool"? Hardly. Immelt has struck the jackpot by (a) enjoying the power and prestige of heading a really big corporation, (b) enjoying the power and prestige of being in a sitting president's inner circle, and (c) using (a) and (b) to make himself a giant pile of money. Normal people don't aspire to the American Dream by stepping on other people. But we live in the Age of Obama, where it's OK to game the government for personal gain as long as you flatter those in power.
johnm h Wrote: Dec 29, 2012 12:40 PM
Exactly he is no fool. If he owned GE we might call him a fool as the end result will be unhappy for the owners, but Emelt gets to milk GE and the country.
Stuart95 Wrote: Dec 29, 2012 1:30 PM
I disagree. GE shareholders are likely to benefit from continued government contracts helped along by their gregarious boss. Bringing home the bacon makes Immelt even more powerful and adored. Taxpayers will be the losers if those government contracts are just more pork.

Question: Do you think Immelt requests reimbursement for his expenses when he attends the Jobs Council meetings?
Ken6565 Wrote: Dec 29, 2012 2:02 PM
In the short term, the government contracts and the government's creation of an oligopoly by prohibiting the use of the kind of bulb that can be made in the USA will mean profits for GE. In the longer term, the costs associated with the various Obama policies will be ruinous for it.

“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...