This is criminal…
FOX Business Channel’s Charles Gasparino told Bill O’Reilly tonight that GE CEO Jeffrey Immelt gathered the CNBC reporters together in early 2009 and scolded them for reporting negatively on Barack Obama. GE owns 80% of NBC Universal.
We already knew that Jeffrey Immelt was pushing non-existent global warming so that his company could benefit from cap and trade legislation. Now we know that GE’s CEO was sitting at meetings in the White House and scolding his reporters for being hard on Obama.
This news was first reported back in April 2009.
That’s why it’s called the democratic-media complex.
Related… ABC suspended a reporter this week for reporting the truth on Obama.
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Published May 24, 2012 at 8:46 pm - 90 Comments
kato commented:
As a CEO, Immelt is a loser. Just look at his track record. But he is unsurpassed as an Obama asskisser.
He wants GE to get hold of some of that Obama Money to compensate for dud assets like NBC.
Ruebacca commented:
GE gets green energy kickbacks and Obama gets a propaganda channel.
aro5o75 commented:
“That’s why it’s called the democratic-media complex”.
.
And they broke their first commandment.
jjones commented:
while I believe this is probably true and supports what many have suspected for a long time, this is by no means confirmation. this is a report of what some guy was told that took place at a meeting. far cry from confirmed
NeoKong commented:
The news divisions of NBC and MSNBC will never generate the revenues that cap and trade and digitizing medicals records mandated by Obamacare will.
That will generate billions and billions for GE.
The news divisions are just marketing arms of the parent company.
A necessary business expense.
NC Cop commented:
“That’s why it’s called the democratic-media complex.”
No, no, no, that’s just what those paranoid, right wing, militia loving, violent, racist Republicans think!!!! There’s absolutely NO truth to it.
arnonerik commented:
jjones, you are absolutely right. Hearsay evidence is not admissable in court. And just because my lying eyes and lying ears tell me that NBC is biased hugely toward the left, it is probably just my over active imagination.
jjones commented:
arnonerik
___________
I never said CNBC/MSNBC/NBC wasn’t biased. They blatantly and unashamedly are. All I’m saying that this does not confirm that reporting and editorials were directed or influenced by GE/Immelt.
DocScience commented:
GE needed someone who could make “neutron” Jack Welch look good.
They found him.
Toaster802 commented:
Just to point out; There are people out there who remember that the Bill Clinton 1999 Serbian Rules of Engagement, making a corrupt media and other intellectual supporters of tyranny legitimate targets of war is still in effect.
Ut sementem feceris ita metes
AuntieMadder commented:
I’ve been trying to get you people to read about this for over a year.
Obamagate – The tangled web of Obama, GE, Immelt, Cap & Trade, GE Healthcare and Daschle part I
http://www.examiner.com/x-9100-Boston-Conservative-Independent-Examiner~y2009m5d16-Obamagate–The-tangled-web-of-Obama-GE-Immelt-Cap–Trade-GE-Healthcare-and-Daschle-part-I
Part II
http://www.examiner.com/x-9100-Boston-Conservative-Independent-Examiner~y2009m5d19-Obamagate–The-tangled-web-of-Obama-GE-Immelt-Cap–Trade-GE-Healthcare-and-Daschle-part-II
TennDon commented:
That’s why it’s called the democratic-media complex.
Strike the ‘ic’ and ya got it right.
AuntieMadder commented:
Part III
http://www.examiner.com/x-9100-Boston-Conservative-Independent-Examiner~y2009m6d15-Obamagate–The-tangled-web-of-Obama-GE-Immelt-Cap–Trade-GE-Healthcare-and-Daschle-part-III
Obamagate part IV -The ‘3 Congressional stooges’ of Healthymagination – Daschle, Gingrich and Frist
http://www.examiner.com/x-9100-Boston-Conservative-Independent-Examiner~y2009m6d16-Obamagate-part-IV-The-3-Congressional-stooges-of-Healthymagination–Daschle-Gingrich-and-Frist
Granny commented:
GE has also been awarded a multi-billion dollar contract to develop a national database that will contain all of the health records of all of us. Probably the single worst idea I’ve ever heard. Not to mention that GE is hardly known for this kind of development.
seven commented:
Immelt is a whore. The TARP money went to GE Credit.
This is the same whorehouse that was punished for bribes in Iraq.
The SEC alleges that two GE subsidiaries and two companies the conglomerate later acquired paid $3.6 million in kickbacks to the Iraqi Health Ministry and Iraqi Oil Ministry for valuable contracts.
Immelt is running a whorehouse and anything goes.
Everything they say and do is to load up greedy GE. (who doesn’t pay income taxes)
evil monger commented:
Yeah, but how many times has Rupert Murdoch done something like that in a leftist’s imagination?
Stanley commented:
jjonesNo Gravatar
August 10th, 2010 | 7:21 pm | #5
while I believe this is probably true and supports what many have suspected for a long time, this is by no means confirmation. this is a report of what some guy was told that took place at a meeting. far cry from confirmed
I notice you didn’t use the word US?
Stephen Lowe commented:
move along, nothing to see here!
Stanley commented:
Stephen LoweNo Gravatar
August 10th, 2010 | 9:10 pm | #20
move along, nothing to see here!
Oops. You forgot the sarc on.
LaFong commented:
The same Modus Operandi is obvious between the corrupt Washington Post and the democrats who larded vast amounts of education giveways, Federal Student Loans, Pell Grants testing, etc on behalf of Kaplan Education/WaPO in return for obscenely biased coverage.
eir
Also ABC/Disney served up absurdly biased reporting and the Obamnoids helped Disney get a theme park in China among other services.
Jake Lingle has nothing on the modern press sluts.
Charley commented:
Gasparino was with CNBC at the time. The post does not say he was at the meeting. However he was on the NBC / MSNBC / CNBC team at the time. And there was a large shift to pure Obama puffery at CNBC. The fellow they call an economist is a 100% shill for Obama all the way. Whenever Obama gives a wave to anyone from anywhere, CNBC will cut away to show it. The continuous coverage of the speeches must be getting embarassing for a business station. GE is going to benefit from whatever the energy programs and other govt spending programs are, and it is expected.
The real behinnd the scenes deal must be the govt. backing of the GE Credit debt. They were very close to default as they could not roll over the commercial paper. They still have a very large bag of worms with their real estate deals, particularly in Europe. With the govt. guarantee they were able to roll it over and got very cheap rates. Compare it with the outcome for CIT which went bankrupt paying rates of 11% for financing. GE has a major competitor taken out and makes nice profits from the cheap costs of funds, rather than going kaput.
Dr. Bob commented:
If you don’t like what GE is doing, you can boycott everything GE, including NBC, Universal, MSNBC and other related cable channels like USA network and boycott their sponsors as well.
In his farewell address, President Eisenhower warned against the power of a Military-Industrial complex.
We need not have feared that – what we should have feared ladies and gentlemen, is the abusive power of the political-industrial complex.
And it’s protected by the Democrat-media corruption complex as revealed by the Journolist files.
Jim Rose commented:
So can we expect to hear from Noam Chomsky and Robert McChesney and others who rail against “corporate media?”
Hello?
Judith commented:
JJones is right – it’s misleading to say that the report has been “confirmed.” What Gasparino told O’Reilly was hearsay. Probably well-informed hearsay and I agree with all the other posters here that the proof of bias is on the screen every night – but that doesn’t make this report “confirmed.” You really should change the headline.
Andy Freeman commented:
> In his farewell address, President Eisenhower warned against the power of a Military-Industrial complex.
Leftists like to mention the military industrial complex, but if you read the speech, you’ll see that he was more concerned about something else, namely
“Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific technological elite.”
AuntieMadder commented:
Granny
August 10th, 2010 | 8:19 pm | #16
That’s in the four-part expose that I linked to in the comments here. Ol’ Newty Gingrich sits on the board of that product/database, Healthymagination, by the way, as reported (with sources cited) in the expose.
AuntieMadder commented:
Charley
August 10th, 2010 | 9:48 pm | #23
If you want to know what the deal behind the scenes is, read the expose I linked to in the comments here. (There are multiple deals, by the way.)
AuntieMadder commented:
evil monger
August 10th, 2010 | 8:52 pm | #18
Yeah, but how many times has Rupert Murdoch done something like that in a leftist’s imagination?
Constantly. Murdoch, Beck, O’Reilly and the rest of Fox News live rent-free in your lefturded heads.
Dialla commented:
So much for the GE Name, Immelt has turned GE Meatballs into Dustballs in the dust pan of history.
Stanley commented:
The he said, she said, rumor mill, should always be taken with a grain of salt but that mind set doesn’t apply when you get your information from well placed spy’s. LOL
Stanley commented:
JJ? Hello Judeth Jones.
Mark commented:
I don’t agree with the headline that this is “criminal”, since I believe in private property, and that NBC has the right to spin their news however they like. Just as I have a right to boycott them, which i do.
Either the author of this post disagrees with the concept of private property, or he is overcome with hyperbole. The latter, I guess, is understandable.
Rick Caird commented:
@Mark That is a strange comment. The issue is not whether GE could do this, but whether CNBC was being disingenuous trying to claim neutral reporting while also satisfying a corporate CEO who wanted slanted coverage.
We all remember the Santelli rant. But, it was clear to anyone who watched CNBC that Santelli was muzzled after that rant.
The issue is not, as you claim, private property. The issue is misleading your audience by trying to serve two masters.
BTW, GE and Immelt got bit after all. Immet is now quite down on Obama and has said so publicly. It is fun to watch all these previous Obama supporters come to their senses and ask themselves “What was I thinking?”.
big L commented:
Please don’t support this guy and his companies. Please. It is so easy to avoid these companies.Connect up your brain. Don’t be a ‘disconnect”. You don’t need to think boycott.
Just buy somewhere else.
biff commented:
How Immelt keeps his job is beyond me. In a normal corporation, he would have been fired long ago. GE’s stock price has performed horribly since Immelt took control and that poor performance extends prior to the recession. Again, if GE were a normal corporation, rather than a political entity focused on rent seeking, he would be gone and with good reason.
LibsAreCommies commented:
Liberals are lying Commies. Every single thing they say and do is a calculated, underhanded lie. Stalin would be proud. Why anyone would grant such people any power whatsoever is anyone’s guess…
Wake the F up, peeps.
Granus commented:
I worked at General Electric during the Welch years. He was dynamic, focused, decisive, tough, unpopular in many places, and, above all else, nobody’s fool. No one’s. And he loved GE. The “meatball” was in his blood. He surrounded himself with a mature staff of grown ups and got rid of them as he saw fit. Putting aside his personal marital problems (and subsequent choices), one wonders if he doesn’t believe his choice of Immelt as successor is the biggest blunder of his career. The company has performed no worse than many others under Immelt, and certainly no better; that would have been unacceptable to Welch. Worse, the company is publicly, openly, and deservedly mocked and disparaged. That must hurt him.
Early in Immelt’s tenure, Welch would speak occasionally about the company and Immelt. That stopped and there has been complete silence from Welch for a number of years now. One wonders what Immelt has on him.
jodetoad commented:
Haven’t bought a GE product for years. Whether or not this is proved, it is beyond dispute that GE could make their subsidiaries perform balanced reporting, if GE cared to do so.
Neither do I ever click on a NYTimes link, and recently added Politico to my list of “no go” sites. Usually any good content they have is discussed elsewhere.
Revnant Dream commented:
Welcome to the Fourth Reich. Brought to you by the Marxist folks of advertising. The MSMedia & sundry other Progressive organizations like ACORN.
When it comes to the materialistic messiah. Him & his groupies are sacrosanct.
Nothing should or can be told of him. The one who the media liberals have waited for. Sarcasm off.
Personally Its pretty apparent to me the MSM died in 08. Its just the propaganda wing of the Democrats. Much like CBC is in the Canada’s.
You ain’t seen nothin yet!!!
TXSense commented:
The reason that Immelt and GE are now not happy with Obama is because Immelt woke up and realized that GE Power and GE Oil and Gas under Obama’s offshore drilling ban and slamming of fossil fuel plants was going to see this two profitable units U.S. sales volume fall like a rock.