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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

1 posted on 03/20/2012 6:24:07 AM PDT by SeekAndFind
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To: SeekAndFind

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


2 posted on 03/20/2012 6:25:54 AM PDT by bolobaby
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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................)
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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)
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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?)
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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..)
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To: SeekAndFind

It’s getting pretty crowded under that bus.


7 posted on 03/20/2012 6:31:42 AM PDT by ImJustAnotherOkie (zerogottago)
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To: SeekAndFind

8 posted on 03/20/2012 6:35:01 AM PDT by sayfer bullets ("...and if it stops moving, subsidize it." - RR)
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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
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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
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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
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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)
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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.)
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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)
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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)
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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
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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)
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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
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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
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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)
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To: SeekAndFind

Sounds as though Jeffy isn’t that bright... BHO is that most destructive type of individual - an arrogant ignoramous - too convinced of his own brilliance despite obvious and daily evidence to the contrary.


21 posted on 03/20/2012 6:48:03 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: SeekAndFind

I could applaud Immelt’s intentions if it weren’t for the fact that he was at the trough like some kind of welfare queen on ‘roids.

Sell your sob stories somewhere else, Jeff, you’re part of the problem.


22 posted on 03/20/2012 6:48:58 AM PDT by Future Snake Eater (Don't stop. Keep moving!)
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To: SeekAndFind

Living off the fumes of gossip! Ignore hearsay from anyone’s friends/lovers/maids...


23 posted on 03/20/2012 6:50:07 AM PDT by avenir (I'm pessimistic about man, but I'm optimistic about GOD!)
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To: SeekAndFind

But you ain’t upset enough to quit, are ya Jeffie?


24 posted on 03/20/2012 6:51:08 AM PDT by Adder (Da bro has GOT to go!)
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To: SeekAndFind

The key point here is if you just paid attention to everything other than the MSM, you would have know Obama is a fraud. The lesson here is the MSM is a complete fraud also and only a fool would watch, read, or listen to it.


25 posted on 03/20/2012 6:56:53 AM PDT by bmwcyle (I am ready to serve Jesus on Earth because the GOP failed again)
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To: SeekAndFind
I don't believe a word he says. He want's what obama is doing. He's a part of the socialist reformation of Amerika and the world.

I used to love GE products and was proud of such an innovative and historic American company. Now, I avoid their products.

This is how they operate. Tear down icon after icon, institution after venerated institution, you tear down the society.

26 posted on 03/20/2012 7:00:01 AM PDT by GBA (America has been infected. Be the cure!)
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To: SeekAndFind

Don’t be fooled. This is a phony move from Immelt at the direction of Axelrod - to distance a key campaign liability from the President. GE and Immelt should be targets of ours, not allies.


27 posted on 03/20/2012 7:02:01 AM PDT by montag813
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To: bmwcyle

Does anyone really believe that Obama’s cadre of crony capitalists, like GE’s Jeffery Immelt, understand Obama for the Marxist he IS? No, because as long as Obama keeps feeding them off the taxpayer’s expense, these greedy swine will back him. For Immelt to say he’s had an epiphany about Barry and his ways is really a failed CYA. See ya, Jeff. Don’t let the door hit you in the butt as you leave.


28 posted on 03/20/2012 7:09:52 AM PDT by MasterGunner01 (11)
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To: muir_redwoods

Think of it as a shareholder for GE(I am not). He did a great job for them. The company made huge profits and paid NO taxes.

Guys like this knew that Obama was a scammer all along. They just learned how to benefit from it. Now that the bloom is off the rose they are trying to distance themselves and cozy up to the next winner so the get favors from them.

This guy is not a dummy. You do not get to run one of the largest corporations in the world if you are a stupid. This just shows that they think Obama is HISTORY. Therefore, they are looking to the future. It is good news.


29 posted on 03/20/2012 7:09:59 AM PDT by woodbutcher1963
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To: muir_redwoods
"This guy runs GE and it took him three years to figure out socialism run by an idiot is bad? Wow!

AMEN!!

30 posted on 03/20/2012 7:22:08 AM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: woodbutcher1963
This just shows that they think Obama is HISTORY. Therefore, they are looking to the future. It is good news.

Agreed. He's figured out which way the wind is blowing and is positioning GE for the return of a "Republican" administration and Congress. With their government contracts and sugar daddy tax treatment GE cannot afford to be on the wrong side come next January.

31 posted on 03/20/2012 7:27:52 AM PDT by Timocrat (Ingnorantia non excusat)
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To: SeekAndFind

I don’t buy it. Immelt is an opportunist. If he thought Obama was going to win re-election, he would be singing Bam’s praises right now. Instead he’s sucking up to Romney now.


32 posted on 03/20/2012 7:29:43 AM PDT by BO Stinkss
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To: SeekAndFind

I think a Forrest Gump-ism is in order here:

Stupid is as stupid does . . . .

Thank you Mr. Immelt for admitting you have been played as a stooge. Make that admisssion in front of a TV camera on Hannity and we will think about forgiving you and your company.


33 posted on 03/20/2012 7:55:26 AM PDT by RatRipper (I'll ride a turtle to work every day before I buy anything from Government Motors.)
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To: muir_redwoods

People who populate the ‘higher’ positions in corporate America are not normal. They don’t think. They live in an alternate false ‘reality’ made up of policies, goals and buzz words.


34 posted on 03/20/2012 8:12:27 AM PDT by vigilo
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To: cripplecreek

I don’t buy it for a second. GE has made a ton of money shilling for obama and they have given him cover in the business community.

You can’t sell your soul and then buy it back when the $$$ stops flowing your way.


35 posted on 03/20/2012 8:31:53 AM PDT by sarge83
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To: SeekAndFind
Sure, GE has managed to feast on federal subsidies, particularly the “green-energy” giveaways that are Obamanomics’ hallmark

Immelt was pushing the green agenda hard to bankrupt big oil. He is an environazi.

And he wants us to think he's pro-business? Right.

36 posted on 03/20/2012 9:04:10 AM PDT by what's up
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To: SeekAndFind

Arlen can still go piss up a rope!


37 posted on 04/12/2012 7:36:43 PM PDT by snuffy smiff (Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.)
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