Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bamís angry adviser (Jeff Immelt is appalled at Obamanomics)
New York Post ^ | 03/20/2012 | Charles Gasparino

Posted on 03/20/2012 6:24:04 AM PDT by SeekAndFind

Back when he agreed to advise the Obama administration on economics, General Electric CEO Jeff Immelt told friends that he thought it would be good for GE and good for the country. A life-long Republican, Immelt said he believed he could at the very least moderate the president’s distinctly anti-business instincts.

That was three years ago; these days Immelt is telling friends something quite different.

Sure, GE has managed to feast on federal subsidies, particularly the “green-energy” giveaways that are Obamanomics’ hallmark.

But Immelt doesn’t think he’s had anywhere near as much luck moderating the president’s fat-cat-bashing, left-leaning economic agenda of taxing businesses and entrepreneurs to pay for government bloat.

Friends describe Immelt as privately dismayed that, even after three years on the job, President Obama hasn’t moved to the center, but instead further left. The GE CEO, I’m told, is appalled by everything from the president’s class-warfare rhetoric to his continued belief that big government is the key to economic salvation.

Or, as one friend recently put it to me, “Jeff thought he could make a difference, and now realizes he couldn’t.” Immelt’s conversion from public Obama supporter to a private detractor is important: It shows how even businessmen who feast off his subsidies worry about his overall economic agenda and its long-term impact on the economy.

Don’t expect Immelt to say anything publicly about the downside of president’s economic agenda anytime soon: He’s still serving as what is considered the top outside economic adviser to the White House. (A GE spokesman insists that the reports I’m sharing here about Immelt’s private criticism of Obama are “ludicrous.”)

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: ge; jeffimmelt; obama
Navigation: use the links below to view more comments.
first 1-2021-37 next last

1 posted on 03/20/2012 6:24:07 AM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Sorry, Jeff - you sleep with dogs, you get fleas.


2 posted on 03/20/2012 6:25:54 AM PDT by bolobaby
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
Hey, Jeff! There's a word for you:

Sucker!..............

3 posted on 03/20/2012 6:27:08 AM PDT by Red Badger (If the Government can make you buy health insurance, they can make you buy a Volt................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

So, someone found out all this starry-eyed, idealistic, utopian green-energy talk is simply a smokescreen for a political kleptocracy?

Welcome to the party, pal.


4 posted on 03/20/2012 6:28:59 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

I don’t buy it.


5 posted on 03/20/2012 6:30:12 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bolobaby

Right on or as Dave Ramsey says: play with snakes, you are going to get bit.


6 posted on 03/20/2012 6:30:31 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

It’s getting pretty crowded under that bus.


7 posted on 03/20/2012 6:31:42 AM PDT by ImJustAnotherOkie (zerogottago)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

8 posted on 03/20/2012 6:35:01 AM PDT by sayfer bullets ("...and if it stops moving, subsidize it." - RR)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

A lot of people got fooled by that fool. The important thing now is that everyone who got fooled not repeat it in November.


9 posted on 03/20/2012 6:35:23 AM PDT by Proud2BeRight
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

To even believe that the Obamaloon and his Clown Show of Felon/Cretins could run an economy demonstrates naivety of a magnitude previously unseen.

Inmelt is obviously an idiot...and he amply fits the “pointy haired boss” image of Dilbert.

He should thank his worthless butt that his company’s worth is due to their scientists/engineers/workers...and not to another of a succession of dopy MBAs.


10 posted on 03/20/2012 6:35:54 AM PDT by Da Coyote
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
Immelt/GE is gonna have to do better than repent through ‘confidential sources’ for what he's helped do to this country.
11 posted on 03/20/2012 6:36:04 AM PDT by skeeter
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

This guy runs GE and it took him three years to figure out socialism run by an idiot is bad? Wow!


12 posted on 03/20/2012 6:36:40 AM PDT by muir_redwoods (No wonder this administration favors abortion; everything they have done is an abortion)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
So, an CEO of a large multi-national corporation, serving as an economic advisor to a Socialist President, "supposedly" sees the light?

Trial balloon CYA to his friends in the socio-industrial complex.

13 posted on 03/20/2012 6:36:40 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

“...A life-long Republican, Immelt said he believed he could at the very least moderate the president’s distinctly anti-business instincts...” Jeff figured he could gain a lot of political favors for GE. ($$$$$) It’s the only reason he worked for “Team Obumma”.

He milked US for everything he could and now he’s bailing out.


14 posted on 03/20/2012 6:37:24 AM PDT by WellyP (REAL)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Proud2BeRight

RE: A lot of people got fooled by that fool.

In other news, Arlen Specter writes his memoirs and says he was BETRAYED and USED by the Democrats after he cast the 60th vote to pass Obamacare.

See here:

http://spectator.org/blog/2012/03/12/specter-feels-betrayed-after-b


15 posted on 03/20/2012 6:38:52 AM PDT by SeekAndFind (question)
[ Post Reply | Private Reply | To 9 | View Replies]

To: SeekAndFind

Immelt proves there’s always hope for stupid people - look, with a nice suit and the help of some friends, you can even become head of a major US corporation!


16 posted on 03/20/2012 6:40:26 AM PDT by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

He has spent too long being Obama’s poodle to be trusted on anything


17 posted on 03/20/2012 6:40:48 AM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

I don’t either. Looks like they either want to transfer to Romney because Obama is toast. Or else they are entering into the idea concept that big business is in Romney’s pocket in order to add credibility to Obama.

Of course we know they are sacrificing themselves for the cause. Same trick they use trotting out the Oracle of Omaha.


18 posted on 03/20/2012 6:40:55 AM PDT by dforest
[ Post Reply | Private Reply | To 5 | View Replies]

To: N. Theknow

Fortune 500 companies have played both sides of the political spectrum for years. That is why we are so screwed up with crony capitalism.


19 posted on 03/20/2012 6:41:37 AM PDT by tom paine 2
[ Post Reply | Private Reply | To 13 | View Replies]

To: WellyP

So while he was in charge of NBC and MSNBC they could be called “right wing media”??

lol

sure.


20 posted on 03/20/2012 6:44:50 AM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-37 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson