Posted on 09/14/2010 1:47:36 PM PDT by Rufus2007
This could confirm what many suspected all along - the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage.
That's how former CNBC reporter and current Fox Business Network senior correspondent Charlie Gasparino explains it in his forthcoming book, "Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street."
According to Gasparino, GE CEO Jeffrey Immelt had "helped his company feast off of the subsidies of Obamanomics," including the green energy initiatives and health care reform. And although Immelt is a registered Republican, Gasparino detailed how Immelt would walk around his company's headquarters saying "we're all Democrats" now at the prospect of government checks going to GE. But later, Gasparino explained how Immelt would use his authority to manipulate the editorial coverage of on Obama for that reason:
...more...
(Excerpt) Read more at newsbusters.org ...
GE will be a penny stock after the 2012 elections.
Could it be that NBC is charging companies to list their stock prices .... or worse, giving limited visibility to shares in companies that the Obama administration is unfriendly to?
Why am I not surprised.
The big money Democrats see all the money made on stock exchanges on Wall Street and have decided to similarly cash in using Obama to create their own big money Climate exchange and Health Care exchange.
These big money Democrats plan to make huge money using the power of government to force Americans to buy products at these new exchanges. They will get a little commission on every dollar that rolls through those exchanges. Those plans are currently driving national politics.
...the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage. That's how former CNBC reporter and current Fox Business Network senior correspondent Charlie Gasparino explains it in his forthcoming book, "Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street."Thanks Rufus2007. Charlie Gasparino
Yes. This happens on both sides.
BTTT.
BTTT.
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