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LEFT WING LOONS Title: Obama names GE CEO Jeffrey Immelt as another Usurper Czar WASHINGTON – President Barack Obama wants to cast some light on economic success stories in the shadows of a slow recovery. And he is looking to find some more. On Friday, the president travels to Schenectady, N.Y., birthplace of the General Electric Co., to showcase a new GE deal with India and announce a restructured presidential advisory board to focus on increasing employment and competitiveness. Obama is naming GE CEO Jeffrey Immelt as the head of a Council on Jobs and Competitiveness. The panel replaces Obama’s Economic Recovery Advisory Board, which had been chaired by former Federal Reserve Chairman Paul Volcker. Obama announced late Thursday that Volcker, as expected, was ending his tenure on the panel. Obama, in a statement after midnight, said the council’s mission will be to help generate ideas from the private sector to speed up economic growth and promote American competitiveness. “We still have a long way to go, and my number one priority is to ensure we are doing everything we can to get the American people back to work,” the president said. For Obama, the visit to upstate New York is also an opportunity to claim credit for tax, trade and energy policies pursued by his administration as the nation attempts to recover from the worst recession since the 1930s. It’s the first of many treks during the second half of his term that the president is expected to take to put a more hopeful countenance on the economy amid stubbornly high unemployment. The GE plant is benefitting from a power turbine contract with India announced during Obama’s Southeast Asia trip in November. Immelt also has been an advocate of alternative forms of energy, and the GE facility, the company’s largest energy plant, is the future site of GE’s advanced battery manufacturing program. New battery technology has become something of an Obama pet project as a symbol of innovation, clean energy and job creation. “This is a company that has brought jobs from overseas back into the United States,” Obama spokesman Robert Gibbs said. Obama also plans to take note of GE employees as examples of middle class Americans who are benefiting from the payroll tax cut he negotiated with Republicans in a December economics package that retained Bush-era tax rates for all taxpayers. In Immelt, Obama has a useful corporate ally. As chief executive of a multinational company, Immelt was one of 20 CEOs who met with the president during a daylong summit at Blair House last month. He was one of 14 U.S. business leaders invited to meet with Chinese President Hu Jintao this week at the White House and was among the guests for the lavish state dinner that followed. In an opinion piece Friday in the Washington Post, Immelt said the restructured council under his leadership would focus on manufacturing and exports, trade and innovation. “The president and I are committed to a candid and full dialogue among business, labor and government to help ensure that the United States has the most competitive and innovative economy in the world,” he wrote. His appointment adds another corporate insider to the White House orbit, underscoring the administration’s efforts to build stronger ties to the business community. Earlier this month, Obama named former Commerce secretary and JPMorgan Chase executive William Daley as chief of staff. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 9.
#6. To: Mad Dog (#0)
These arrogant motherf****ers, they have no shame. They steal and loot and pilfer and trash the free market system right in front of our faces. It used to be corrupt scumbags like Obama & Immelt & ACORN & SEIU & Holder & Geithner, etc, etc etc would have to do shit like this behind our backs so they wouldn't get busted. This cocksucking collection of Democrat Socialists are so used to getting away with anything they want now they do whatever they want in broad daylight with no fear of any law or the Constitution.
Please clean up your language, Client 9.
Blow it out your shorts, Freddy.
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