Comments on: GE CEO Jeff Immelt: Businesses Spending Money To Preserve The Status Quo Is ‘Just Lunacy’

By: seslikent

seslikent — Wed, 01 Jul 2009 21:53:10 +0000

Thank you..

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By: denklem

denklem — Tue, 30 Jun 2009 23:06:19 +0000

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By: Online Full Free

Online Full Free — Sat, 27 Jun 2009 18:19:52 +0000

Daniels, great examples, and only a few of many. You asked:

“How is any of this possible under conservative logic?”

Either through the use of ignorance, or outright lies. Take your pick. It’s the conservative business model, and it had a rather limited shelf life, as we have seen.

By: katy

katy — Sat, 27 Jun 2009 15:38:42 +0000

GE opening research center in Michigan
Fri Jun 26, 2009 12:06pm EDT

DETROIT (Reuters) – General Electric Co plans to open a research center in the economically ailing U.S. state of Michigan, where it will develop new manufacturing technologies.

The $100 million site will eventually employ more than 1,100 people and will be part of GE’s network of Global Research Centers, the largest U.S. conglomerate said in a statement on Friday. It will be located in Van Buren Township, in Michigan.

Michigan, home to the nation’s auto industry, faces high unemployment as a result of the car makers’ struggles.

GE Chief Executive Jeff Immelt told reporters in a press conference that hiring for the facility would start by the end of this year.

GE “can tap into some of the great labor resources that already exist in the state,” Immelt said, adding that, “We view this as a long term commitment.”

The announcement by GE comes on the same day that General Motors Corp is expected to announce that it will build a small car at an existing plant in Orion, Michigan.

GE, the world’s biggest maker of jet engines and electricity-producing turbines, also has research centers in Niskayuna, New York; Bangalore, Shanghai and Munich.
[...]
http://www.reuters.com/article/domesticNews/idUSTRE55P4JE20090626

again, thank you….

By: Daniels

Daniels — Sat, 27 Jun 2009 07:21:44 +0000

Daddy-O Says:
——————————————————————————–

Daniels, great examples, and only a few of many. You asked:

“How is any of this possible under conservative logic?”

Either through the use of ignorance, or outright lies. Take your pick. It’s the conservative business model, and it had a rather limited shelf life, as we have seen.

Dont count on it. I remember people saying reaganomics and conservatives were dead in the early 90’s……

By: Daddy-O

Daddy-O — Sat, 27 Jun 2009 06:25:48 +0000

Check out ‘watchdog’s’ URL:

youngobamafiringcrackrocks.jpg

A paragon of credibility, this guy is.

By: Daddy-O

Daddy-O — Sat, 27 Jun 2009 06:21:55 +0000

Daniels, great examples, and only a few of many. You asked:

“How is any of this possible under conservative logic?”

Either through the use of ignorance, or outright lies. Take your pick. It’s the conservative business model, and it had a rather limited shelf life, as we have seen.

By: Daniels

Daniels — Sat, 27 Jun 2009 05:10:23 +0000

If a public plan would destroy the private sector, can anyone explain this to me?

The United States Postal Service is a “public” option of sending items or mail. Yet, companies like UPS, FedEx, DHL, and the many other shipping/trucking companies are still in business and doing fine.

Social Security is a public retirement plan. Yet, I can still goto a private bank and get a private retirement plan.

Foreign countries such as Canada still have private health insurance plans, right beside the public plan.

How is any of this possible under conservative logic?

By: Daniels

Daniels — Sat, 27 Jun 2009 05:05:07 +0000

watchdog Says:

“What about the new Toyota’s plant in Tupelo, Mississippi?”

Should read this watchdog. They don’t make cars at that plant. They were supposed to start making cars but have delayed it over and over again. Just administration staff currently there. 100 people. They are going to be relocated to georgetown plant. They prolly just wanted the free land, Haley Barbour seemed all to eager to give it to them. Good ole tax credits for a foreign company. How sad.

http://www.autonews.com/article/20090610/ANA02/906109987/1176

By: cw

cw — Sat, 27 Jun 2009 02:20:42 +0000

Here’s my major concern with the idea of a healthcare ‘compromise’ that takes single payer off the table:

A big focus in Healthcare these days is the Electronic Medical Record (EMR). While it’s a spiffy idea that will streamline medical record keeping, reduce treatment errors and make you records accessible no matter where you go for treatment, it creates an incredible database of ALL your prior medical records that the Insurance Companies will be able to use AGAINST you when you get yourself a new policy. You think denials because of pre-existing conditions are bad now? every time you sneeze it will be laid out right there for the insurance companies to see, and many will suffer as a result.

It is CRITICAL that we get single-payer established. Every employer in the U.S. would SAVE MONEY, and it will PREVENT the EMR from being used as a tool against patients by the insurance companies!

(sorry for the rant – I’m a frequent lurker but I just had to open an account and post because I work in healthcare IT and I think this is a grave risk.)

By: katy

katy — Sat, 27 Jun 2009 00:35:06 +0000

had enough Says:
[...]
Grip of the CEO’s will hold until we can manage to get some kind of campaign finance reform.

it’s true.

campaign finance reform… can’t wait for that battle… not.

’cause you KNOW that one’s gonna be a ROYAL battle…

looking forward to it.

By: citizen_pain

citizen_pain — Fri, 26 Jun 2009 23:52:33 +0000

Hey, don’t forget that GE also makes nuclear warhead detonating devices! Let’s give credit where credit is due.

By: had enough

had enough — Fri, 26 Jun 2009 23:50:01 +0000

As congress actually votes for their contributors interest hoping through corporate owned media voters will not notice, isn’t GE CEO Jeff Immelt and others like him really running the show?

Grip of the CEO’s will hold until we can manage to get some kind of campaign finance reform.

By: COProgressive

COProgressive — Fri, 26 Jun 2009 23:42:06 +0000

watchdog Says:GE also owns MSNBC and NBC.

This has nothing on Cheney’s relationship with Haliburton.

You’re right. GE has nothing on Cheney’s relationship with Haliburton. Cheney’s relationship with Haliburton was one of the catalysts for the invasion of Iraq.

Cheney, the former CEO of the Oil Field company and soon to become one of the largests defense contractors, Haliburton, was the big winner on two fronts for bringing a war for the defense contractor side of Haliburton and for blowing up all the oil producing equipment that the oilfield side of the company would have to rebuild. Cheney had one foot for pushing for war and the other foot planted in making big bucks in the oilfield business.

GE has nothing of the kind.

Cheney is a war profiteer from the war of choice that he help start.

By: had enough

had enough — Fri, 26 Jun 2009 23:38:37 +0000

Bilbo Hussein Baggins Says:

That’s something I never could figure out. Why isn’t big business in this country firmly behind a single payer health care system.

This particular group, GE, is invested in health care insurance, defense and I believe the media.

By: The Moderate Squad

The Moderate Squad — Fri, 26 Jun 2009 23:29:09 +0000

Wayne A. Schneider said:

I think it’s because they know that while millions of people may come to the United States to find work, Americans are not fleeing the country by the millions to live and work elsewhere. So they don’t need to offer any incentives to keep us here, as opposed to going to Canada or Mexico. That’s just IMHO.

I never considered that point before, but I think you’re onto something there Wayne…

By: flight

flight — Fri, 26 Jun 2009 22:58:47 +0000

Consider the following. Companies like GE and GM are heavily involved in their employees’ health care costs. The Chamber of Commerce may represent those companies that do not provide or provide very limited health care programs for their employees. The battle in congress may end up a battle of corporate interests; who would profit the most from a particular approach?
A recovery from the present set of circumstances may depend on this reform. This should have been done in the Clinton years.

By: katy

katy — Fri, 26 Jun 2009 22:47:24 +0000

i wondered how long it would take before calling up the NBC/MSNBC boogeyman…

all things considered, it’s rather generous of GE to offer 3 hours of cable evenings to fact-based, reality-being-liberal-biased reporting…

thanks for that too, mr. immelt.

and GE is not the only mfgr. of light bulbs nor medical equipment…

and, really, halliburton??? is immelt the v.p.???

jeez… no wonder it’s so hard to people to do “the right thing”…
bam bam bam… damned if ya do, damned if ya don’t…

just sayin’…

By: wiley

wiley — Fri, 26 Jun 2009 22:30:48 +0000

When employees no longer have to rely on employers for the health insurance that their lives and the lives of their children may depend on, then the employees will gain a hell of a lot of bargaining power, and a lot of employers may suddenly discover that they can kiss a lot of asses.

By: paleolib

paleolib — Fri, 26 Jun 2009 22:28:23 +0000

Point out where my facts are wrong Watchpuppy. Tell me how paying enormous insurance premiums doesn’t hurt the competitive profile of US exporters. I’ll check back later to see how you’ve done.