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  #1  
Old 01-21-2011, 10:42 AM
waterboarding w/medmech
 
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Sleeping with the enemy

GE reaps unfair benefits, as CEO cozys up to the administration....mega corp politics at its worst..

http://www.nationaljournal.com/whitehouse/ge-s-immelt-to-head-obama-s-new-jobs-and-competitiveness-board-20110121

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  #2  
Old 01-21-2011, 10:49 AM
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So, like, when Bush hired the head of Goldman Sachs to be Treasury Secretary, and in 2008 Goldman's competition Lehman Brothers and Bear Sterns were thrown into bankruptcy while Goldman got a bail out, that was like, OK, right?
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  #3  
Old 01-21-2011, 10:52 AM
Craig
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From what I'm reading, Immelt has been a member of the board for about a year and was just named chairman.
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  #4  
Old 01-21-2011, 11:02 AM
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Originally Posted by JollyRoger View Post
So, like, when Bush hired the head of Goldman Sachs to be Treasury Secretary, and in 2008 Goldman's competition Lehman Brothers and Bear Sterns were thrown into bankruptcy while Goldman got a bail out, that was like, OK, right?
No....
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  #5  
Old 01-21-2011, 11:06 AM
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I don't know the merits of this Immelt hire. It does seem as if GE might benefit. The part I don't get is the title of this thread. When was Obama ever anti-business? Or liberal, for that matter? People keep saying that he moved to the right. I don't see it at all. He held some left-wing positions way back when, but he long ago became a pragmatic center/left guy, IMHO.
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  #6  
Old 01-21-2011, 11:27 AM
Craig
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Originally Posted by Honus View Post
I don't know the merits of this Immelt hire. It does seem as if GE might benefit. The part I don't get is the title of this thread. When was Obama ever anti-business? Or liberal, for that matter? People keep saying that he moved to the right. I don't see it at all. He held some left-wing positions way back when, but he long ago became a pragmatic center/left guy, IMHO.
He's just your garden variety moderate democrat.

Calling him liberal is a (not very clever) way of trying to move the perception of "moderate" to the right. Very old trick, not very effective with anyone who has a clue.
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Old 01-21-2011, 12:02 PM
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You mean he's not a Muslim Socialist out to destroy America from within?
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Old 01-21-2011, 12:38 PM
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Originally Posted by Honus View Post
I don't know the merits of this Immelt hire. It does seem as if GE might benefit. The part I don't get is the title of this thread. When was Obama ever anti-business? Or liberal, for that matter? People keep saying that he moved to the right. I don't see it at all. He held some left-wing positions way back when, but he long ago became a pragmatic center/left guy, IMHO.
I would suggest he became "pragmatic", as you say, on Election Night 2010.

Since his career is so brief and berift of footprints, it's hard to conclude what his bedrock principles are. Words are meaningless, especially when campaigning. The agenda for the last 2 years I submit was much more a product of the Congress than the White House.
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Old 01-21-2011, 01:18 PM
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I would suggest he became "pragmatic", as you say, on Election Night 2010...
He's been pragmatic all along, which means he adapts his policy position to fit the situation he faces. The mid-terms seems to have made him shift even further to the right. I think he is striking a sensible balance, overall.
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  #10  
Old 01-21-2011, 03:35 PM
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Originally Posted by JollyRoger View Post
So, like, when Bush hired the head of Goldman Sachs to be Treasury Secretary, and in 2008 Goldman's competition Lehman Brothers and Bear Sterns were thrown into bankruptcy while Goldman got a bail out, that was like, OK, right?
here we have it folks: If Bush did it then it is perfectly ok for Obama to do it.

Hopey-changey, y'all!
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  #11  
Old 01-21-2011, 04:09 PM
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here we have it folks: If Bush did it then it is perfectly ok for Obama to do it...
That's not what he said.
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  #12  
Old 01-21-2011, 11:56 PM
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Pragmatic implies an intelligence and level of smarts he has never exhibited. he has pissed off even his own party, ran through a horrendous healthcare bill, lost the largest chunk of the house in 75 years, and will most likely do so in 2012. His socialist big-government agenda is blatantly obvious and anyone saying he his moderate is nuts.

Where do you see pragmatism?


Quote:
Originally Posted by Honus View Post
He's been pragmatic all along, which means he adapts his policy position to fit the situation he faces. The mid-terms seems to have made him shift even further to the right. I think he is striking a sensible balance, overall.
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Old 01-22-2011, 01:41 AM
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That's not what he said.
Did you actually try to read it?
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  #14  
Old 01-22-2011, 09:01 AM
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The idea is to build up international competitiveness and GE is a big player. I for one would rather see an American corporation benefit if it generates jobs and new opportunities. How else would you go about doing it?
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  #15  
Old 01-22-2011, 10:40 AM
Craig
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Originally Posted by raymr View Post
The idea is to build up international competitiveness and GE is a big player. I for one would rather see an American corporation benefit if it generates jobs and new opportunities. How else would you go about doing it?
I agree with the intention of generating new jobs, there is really no such thing as an "american corporation," but there are corporations that have a presence in the US and generate US jobs. GE may have started in the US and trades on the US stock exchange, but it has facilities and employees all over the world.

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