No wonder jobs aren't being created. The President listens closely to Jeffrey Immelt, the CEO of corporate welfare recipient large multinational General Electric about jobs policy. So what's GE doing about jobs? Bloomberg reports: General Electric Co.’s health-care unit, the world’s biggest maker of medical-imaging machines, is moving the headquarters of its 115-year-old X-ray business to … Continue reading President Obama’s Jobs Advisor Ships Jobs Overseas.
This morning the news came that more than 2 weeks after the tsunami in Japan, 4 of the 6 nuclear reactors at Fukashima are still not stable. Indeed, 1 or 2 of the reactors are suspected of having leaks from, at best, the pipes into and out of the core reactor containment housing, and, at … Continue reading Corporate Influence – GE and Radioactive Fallout
Follow-up to my post Fox, Hen House, Economic Advisors on appointing GE boss Jeff Immelt to advise President Obama. So Obama begins enforcing new environmental rules, but GE gets an exemption. How convenient. As Mel Brooks used to say, It's good to be the king. I think it's pretty nice to just be the king's … Continue reading It’s Nice to Advise the King