“We are all democrats now.”
GE Chief Executive Officer
No wonder Jeffrey Immelt loves the democrats and this far left adminstration.
Yesterday, Barack Obama announced that G.E. CEO Jeffrey Immelt will lead his new Council on Jobs and Competitiveness.
FOX News reported on this controversial move:
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Whether it is pushing the president’s plan for global warming fees in order to create demand for his “Ecomagination” line of windmills, solar panels, etc., boosting the president’s national health-care law as part of an effort to sell more medical equipment, or enthusing over the Obama strategy of making loans available for industrial exporters, Immelt has been an Obama stalwart all along. Immelt has also consistently argued to shareholders that there is big money to be made in advancing the Democratic agenda.
While most corporate leaders have taken a wait and see approach to Obama’s occasional overtures to the private sector, G.E., along with Google, Goldman and few others, have backed him to the hilt.
Also yesterday, the Department of Interior announced that it would offer nearly $1 billion in loans for an Arizona power plant.
Guess who sells solar panels?… That’s right, General Electric.
This was another jackpot win for GE. What a day!
No wonder Immelt loves Obama.