After Shipping 25,000 Jobs Overseas, GE Chairman Tells Business Owners To Stop Blaming Obama And Hire More Workers…
The needle just snapped off the hypocrisy meter.
Today:
NEW YORK (CNNMoney) — The head of General Electric told a jobs summit at the U.S. Chamber of Commerce Monday that businesses needed to take the lead on job creation.
At a conference where many of the comments were focused on government barriers to hiring, GE Chairman and CEO Jeffrey Immelt acknowledged there needed to be some policy changes by Congress and the Obama administration. But he said that the responsibility for hiring lay with businesses.
“The people who are part of the business sector, the people in this room, have got to stop complaining about government and get some action underway,” he told the group. “There’s no excuse today for lack of leadership. The truth is we all need to be part of the solution.”
Immelt is the chair of President Obama’s Council on Jobs and Competitiveness. He said the group has made a number of recommendations for changes in government policies that should be able to help job creation, such as the executive order announced Monday asking independent agencies to rid their books of old and outdated regulations.
January 21, 2011:
(Huff Po) — Jeffrey R. Immelt, the chairman and chief executive of General Electric Co. tapped by President Barack Obama as his next top outside economic adviser, will be asked to guide the White House as it attempts to jump-start lackluster job creation and spur a muddled recovery.
Immelt’s firm stands as Exhibit A of a successful and profitable corporate America standing at the forefront of the recovery. It also represents the archetypal company that’s hoarding cash, sending jobs overseas, relying on taxpayer bailouts and paying less taxes than envisioned. . . .
As the administration struggles to prod businesses to create jobs at home, GE has been busy sending them abroad. Since Immelt took over in 2001, GE has shed 34,000 jobs in the U.S., according to its most recent annual filing with the Securities and Exchange Commission. But it’s added 25,000 jobs overseas.
HT: Drudge
Posted by ZIP on Tuesday, July 12, 2011, at 2:18 pm | 
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Rush ripped him a new one this morning. It was great!
The look on Obama’s face says, “I’ve got this sucker so deep in my pocket. Another useful puppet.”
Pattymelt; add him to the list of detainees when this is all over and the trials begin.
And GE paid no taxes.
“But he said that the responsibility for hiring lay with businesses.”
Say what?! Businesses hire people so that they can make money in their business, not to give that person a job! If the employee will cost the business more money than the business can make from the employees labors, then the business will not hire that employee.
And immelt knows this. That is why is labor for his business is overseas. But he needs to toot barry’s line, because he wants barry to continue to force us all to buy his toxic light bulbs.
How did we get here?
Jeffrey R. Immelt, the chairman and chief executive of General Electric Co.that paid NO income taxes in 2010
sorry ohio. simulatanous post.
Immelt…Middle finger to you!
Immelt carrying Hussein’s ball sack!
Fuck this Obama slobbing dickhead……when the fuck has this dickhead ever paid taxes…..how many corporate jets does he let fly everyday……Odumbo you want results kick this clown to the curb first…………..
Immelt should be investigated in 2013 for selling timing devices to the Republic of Iran, that later turned up on an Iraqi battlefield.
And far from being a “successful and profitable corporate America standing”, Immelt was running GE into the ground for 8 years. It wasn’t until he made a deal with the Democratic party to exclusively promote their policies on NBC affiliates that the company started to recover.
GE was a recipient of TARP funds even though it didn’t qualify for the “assistance”.
By playing partisan politics, GE ensured that would have a steady stream of government money to prosper from; Wind and Solar projects, military contracts that were already rejected once, were renewed……legislation was written so that GE could close it’s American light bulb factory (union workers), and the entire factory was moved to China!
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All animals are equal.
Some animals are more equal than others.
Imelt is a do as I say not as I do demonicrat . GE needs to be boycoted until they fire the pompus bastard
They said that a certain leader in the early 1900′s in Germany used to shoot a load in his pants everytime he gave a speech…..looks like Odumbo is cut from the same cloth as that previous leader…….this photo makes it look like he just got done speaking and is letting that warm stream of worm juice run down his leg….
Fortunately, not a single appliance in my home is made by GE. Unlike Immelt, I gotta pay my taxes and I just don’t have enough money to spring for their products.
fubar says:
Great minds think alike!
Like I’m going to listen to that guy? What a poser.
That’s O’tards white twin brother, a Marxist supporter.
Two peas in a pod.
He ruined it for GE shareholders just like the O’bastid ruins America.
Don’t waste a bullet on either of them, hang ‘em!
%-) I meant, FEDERAL tax, not income tax.
oops
Lord Jesus rebuke and end obmama.
Even a jet engine has systems to limit an over speed. This guy has exceeded that parameter.
Lets install our own system by voting to oust Barry. This guy would have never made this comment unless he felt he was immune to any financial back lash.
————-
Protestors disapprove of Immelt’s keynote speech on creating jobs
http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/protestors-disapprove-immelts-keynote-speech-creating-jobs
Protestors chanting “Hey! Hey! Ho! Ho! Cronyism has got to go!” marched during the lunch hour today in front of the U.S. Chamber of Commerce’s Washington, D.C. headquarters.
The marchers were protesting the appearance of General Electric CEO Jeffrey Immelt in the chamber’s day-long conference on job creation, Jobs for America Summit. Immelt, who is chairman of President Obama’s Council on Jobs and Competitiveness, was the event’s keynoter.
(continued)
And I’m sure that Immelt flew coach on Southwest Airlines to get to the meeting and didn’t take anything so vulgar as a private jet or hitch a ride on Air Force 1……
Two liberal wankos TWEEDLE DEE and TWEEDLE DUMB
And THIS is who runs GE?
Hire new workers? Just… go out and hire new workers? And pay them with what? So they can do what?
So Obama doesn’t look bad? Really?
What a goddamned asstool. And this coming from the man who runs one of the wealthiest, largest companies in the world and STILL got taxpayer-backed loan money from the government and then never paid a dime on $5 billion in profits.
This should go over well with the business community.
Carolina Girl – great point! I wish one of these blogs or Breitbart, or someone would follow this guy to see about his… method of transportation.
Where are ovomits hands?
I dont buy GE bulbs i cant afford them
biggest. asshat. ever.
-President FFM
@Spurwing
More like Tweedle-Dumb and Tweedle-Dumber
What’s worse than seeing and hearing O-Zone Man speak?
Seeing and hearing Mr. I-melt-when-he-bats-his-big-brown-eyes-at-me slobber the nonsense he’s just vomited forth (and fifth and sixth, ad nauseum).
Alternate nom-de-plum: Mr. I-melt-when-I-see-the-money….
It ain’t only our politicians that are the best people money can buy!
All of what @ gastorgrab said!
Those GE timers have killed and maimed alot of our troops! I personaly think he deserves a round in the head for that alone!!! FUCKER!!!
I believe GE did the same “slimey” action as Goldman Sachs (a former investment house), that literly overnight became a BANK and was elgible for TARP! In Goldmans case, the largest user of TARP! Never in our USA history has anyone become a bank so quickly! ALL WZ’ers would be billionaires if you could borrow unlimited money at less than half a percent interest and payback the money whenever you felt like it! Oh, and your”shit paper” that you were holding that was worthless, you could give to the government er taxpayers and be credited at full face value!! If you were not of an investor mindset, you could always lend said money back to government at 3%! Fuck, a monkey could become an overnight billionaire with that scam! Calling Issa, crickets!
I use alot of electrical and electronic controls and switch gear in my business. I will pay more ,and go out of my way (costing my company more) NOT to use GE products. I NEVER use any of their products! Many times we have gone through job spec sheets to eliminate their products, not always an easy task! I will NEVER knowingly give a USA tratior one penny of my money!
BuLLitz at 2:21pm is correct: The look on Obummer’s face is key. It’s also revolving and induces vomitting.
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Should be:
BuLLitz at 2:21pm is correct: The look on Obummer’s face is key. It’s also revolting and induces vomiting.
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Now, which one of the two beauts above is the sycophant?
Hey Idiot, If those jobs aren’t here for Americans, I think you and GE need to take your ass on out of the U.S. and go live where those jobs are and stop sucking up Americas air supply and farting in our space. Start paying some huge TAXES on your Imports, and WE might let you back in to visit for a couple of days and only charge you extra for……..Everything!, until GE brings those jobs back here and without unions.
Now, which one of the two beauts above is the sycophant?
Since it’s not a full-length shot, we can’t tell which one is wearing the knee pads today.
Repeat after me……. Crony Capitalism and Corporatism.