Yesterday, the Obamanation went to a General Electric plant in New York to announce that Jeffrey Immelt, General Electric CEO, has been named to head some bogus job-creation scheme, allegedly to show the Obamanation’s new-found love for business.
This is the same Jeffrey Immelt who uses his company’s television networks (the NBC family) as the Obamanation’s primary propaganda organ. The same Jeffrey Immelt who bilked the government out of billions of TARP money (that his company did not even need) by somehow convincing the administration that General Electric is a bank. The same Jeffrey Immelt who loudly championed Obamacare, not because he thinks it a good thing for the nation but because his company stands to profit immensely from its implementation, despite the damage he knows it will do to others.
What this truly is is an example of crony capitalism, of a totally corrupt relationship between a corrupt administration and the corrupt upper-management team of a once respected company. It is so rotten you can smell it in every corner of the nation. Yet, when it is ultimately exposed for what it is, you can bet that the progressives will hold it up as yet another example of the “failure of capitalism”. As evidence that ever more government regulation is needed to keep those greedy businessmen from robbing us all.
There is nothing remotely capitalistic about this disgrace. Only a nation that has intentionally been rendered ignorant by the destruction of its news media and its education facilities could be convinced otherwise.
BTW, Mr Immelt claims to be a Republican.
For those of you who think my assessments of the national condition have been too negative… does this help you see the light? Or will it take an outright collapse to get your attention?
Troy L Robinson