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GE seeks government partnership in new economy (Glenn Beck nailed it!)
WSJ Market Watch ^ | March 3, 2009 | Christopher Hinton

Posted on 03/03/2009 1:35:25 PM PST by DTogo

NEW YORK (MarketWatch) -- General Electric Co. is reading the tea leaves of the troubled global economy and has found a new partner to help it weather the storm: government. In the new economy, the interaction between government and business will be changed forever, with government as a stronger regulator, an industry policy champion, a financier and key partner, GE (GE 7.01, -0.59, -7.8%) Chief Executive Jeff Immelt wrote in a letter to shareholders, published late Monday.

...Another driver is infrastructure work tied to Obama's stimulus package, which seeks to rebuild highways, water systems, electrical grids and make government buildings more energy-efficient.

"Governments will invest to stimulate their economies, solve societal problems and create jobs. GE's broad portfolio and expertise position us as a natural partner," Immelt said

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: agenda21; ge; msnbc; ngo; thirdsector; thirdway
As Glenn's been saying, you have the Obama cheerleaders at MSNBC who got him elected, the massive conglomerate "partner" to help execute the new policies of "Change" (and profit from it), and again the NBC/MSNBC cheerleaders with on-going "green" propaganda.

1930s Germany anyone??

1 posted on 03/03/2009 1:35:25 PM PST by DTogo
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To: DTogo

I do not buy GE products anymore.


2 posted on 03/03/2009 1:38:20 PM PST by screaminsunshine (f)
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To: DTogo
Chief Executive Jeff Immelt
Is there anyone more slimy than this guy? Not to mention ...


3 posted on 03/03/2009 1:38:24 PM PST by oh8eleven (RVN '67-'68)
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To: DTogo

More like 1923 Italy. Obama is more like Mussolini than Hitler. But it IS fascism!


4 posted on 03/03/2009 1:38:28 PM PST by RobbyS (ECCE homo)
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To: DTogo

And Immelt is now one of Obama’s economic advisors.


5 posted on 03/03/2009 1:38:55 PM PST by PMAS
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To: DTogo

This is what is going to happen, as I noted in BlogTalkRadio yesterday afternoon, if “The Bezzle” is not removed from our system NOW.

http://market-ticker.org/uploads/ge.jpg

Take a look at that folks. That’s a snapshot of today’s volume for June GE $2.50 PUTs.

That’s over 52,000 contracts traded today, controlling 5.2 million shares.

They were purchased for about 30 cents, which means that the price has to be under $2.20 for them to go “in the money”.

This is a bankruptcy bet on General Electric by the third week of June.

That’s right - General Electric.


6 posted on 03/03/2009 1:39:42 PM PST by griswold3 (a good story is more compelling than the search for truth)
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To: DTogo

I would bet there are dozens of corporate bean counters trying to cook books to make themselves look much worse than they really are, just to get government bailout money.


7 posted on 03/03/2009 1:39:50 PM PST by TommyDale (I) (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: PMAS

Yes, the DJIA and GE’s stock price make a great dance pair!


8 posted on 03/03/2009 1:40:22 PM PST by DTogo (Time to bring back the Sons of Liberty.)
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To: DTogo

GE want a bailout, whack whack, Obamaloon and all around butt monkey NBC’s parent, GE wants a bailout ...

Since the CEO wrecked the company what’s he supposed to do.

Anyone see even a tiny conflict of interest here?


9 posted on 03/03/2009 1:41:09 PM PST by Tarpon (It's a common fact, one can't be liberal and rational at the same time.)
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To: oh8eleven

Damg. That looks like the NY Times stock chart.


10 posted on 03/03/2009 1:41:17 PM PST by NeoCaveman (hey who ordered the trillion dollar crap sandwich? FUBO. Ugly and incendiary entertainer fan.)
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To: Tarpon

Liberals never have a conflict of interest.


11 posted on 03/03/2009 1:42:05 PM PST by DTogo (Time to bring back the Sons of Liberty.)
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To: DTogo

This is why I don’t allow ANY GE products in my home. If it’s a choice of a GE only product I do without until I find a brand I will support.


12 posted on 03/03/2009 1:45:16 PM PST by Pilated
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To: DTogo

Naturally with the govt having a stake in GE it will pass laws that protect GE from competition. We all know where this goes. They do to. Why do they insist on following a doomed course for themselves and all of us?


13 posted on 03/03/2009 1:46:29 PM PST by Seruzawa (Obamalama lied, the republic died.)
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To: Seruzawa

Because it’s not a doomed course if you’re in the elite group of Kommissars making and enforcing the rules.


14 posted on 03/03/2009 1:53:16 PM PST by DTogo (Time to bring back the Sons of Liberty.)
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To: TommyDale

I picture all government and GE offices looking, and functioning, like the offices in the movie “Brazil!”


15 posted on 03/03/2009 2:06:35 PM PST by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: DTogo

The GE embrace of fascism.

So cute and cuddly!


16 posted on 03/03/2009 2:06:50 PM PST by VeniVidiVici (Yes, Gorbachev is better than Obama. At least Gorbachev admitted he was a Communist)
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To: DTogo

Imagine that. Lets make the NBC, MSNBC propaganda machine official.


17 posted on 03/03/2009 2:46:27 PM PST by GeronL (Will bankrupting America lead to socialism?)
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To: GeronL

Yes, the new State Media office in the White House where Matthews/Olbermann/Maddow will work.


18 posted on 03/03/2009 2:56:56 PM PST by DTogo (Time to bring back the Sons of Liberty.)
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To: oh8eleven
Chief Executive Jeff Immelt

Is there anyone more slimy than this guy?

Immelt was a very bad choice to lead GE. I never did like him.

19 posted on 03/03/2009 4:39:38 PM PST by SteamShovel (Global Warming, the New Patriotism)
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To: DTogo

HOW MUCH IS THIS GOING TO COST? (If they don’t pay for it with tax money, then they’re going to have to borrow it-debase the dollar) so we’ll be paying for it either way. I WOULD LIKE TO DECLARE INDEPENDENCE FROM THE FEDERAL GOVERNMENT, and THEIR FEDERAL RESERVE NOTES (Start using a private issued currency backed by Gold): Who’s with me?


20 posted on 03/03/2009 5:11:54 PM PST by JSDude1 (R(epublicans) In Name Only SUCK; D(emocrats) In Name Only are worth their weight..)
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To: All
Not a good morning for GE.
21 posted on 03/04/2009 7:18:26 AM PST by dighton
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To: screaminsunshine

That’s the ticket. Don’t buy any of their products and don’t watch ANYTHING on NBC or its affiliates.


22 posted on 03/04/2009 7:20:35 AM PST by jersey117
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To: DTogo
"green" is from the Green Party, a socialist party, in Germany. Times are very much like 1930's Germany only global.

Gro Harlem Brundtland, prime minister of Norway, significant contributor of the 'Green Movement' in Germany, was vice president of the Socialist International. She kicked off the destruction of our country through 'greening' with the United Nation's Rio Summit and GHW Bush's pledge to 'sustainable development'.

The "green" movement in this country is part and parcel of the push for global socialism from within our own government.

No one should be shocked that socialist PM of Britain Gordon Brown came here hat in hand for money for a global 'bailout'.
23 posted on 03/05/2009 12:09:44 PM PST by hedgetrimmer
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