Home » Uncategorized » Season Of Hope: Immelt Obama = GE and Big Brother reunited after 80 years

Season Of Hope: Immelt Obama = GE and Big Brother reunited after 80 years

I first reported this on Feb. 12, 2009

OH SO OBVIOUS of Jeffery Immelt of MSNBC (The “MEDIA VETTORS” of Obama) AND part owner and CEO of General Electrics (which BTW has LOST allot of money since he took over), to accept the “kickback” job of being an ‘adviser’ on the NEW Recovery PORK-US BILL and now we hear everyday about all those GREEN JOBS–If  people can not FOLLOW the MONEY and the PAYBACKS , I think you are either BLIND or in on the plan to destroy our nation!

Oh and did you also know that GE was also in on the last NEW DEAL during the 1930’s under FDR? Can anyone tell me that HISTORY does NOT repeat itself? Talk about a Chess game!

I miss the simple days of “GO Fish”!

As I was watching Glenn Beck one afternoon, I saw the segment about the National Recovery Act by FDR. After looking up the Act online, I was very surprised to see where General Electric played a BIG part in this act back during FDR’s day and NOW, we have Jeffery Immelt, Current owner and CEO of General Electric who just “happened” to be brought in by Pres. Obama, as an advisor in HIS “President’s Economic Recovery Advisory Board”. How interesting to see how HISTORY DOES REPEAT ITSELF. –


The NIRA was strongly supported by many leading businessmen, some of whom had helped draft the legislation. Gerard Swope, head of General ElectricAhhhhh—Does ANYONE see a coincidence of Jefferey Immelt here besides me??-—was one of the first champions of this legislation which legalized cartels and funded massive government spending on public works through the PWA. This increased spending was designed to restore prosperity and benefit General Electric and all businesses.

 

Harry Harriman, president of the U.S. Chamber of Commerce and a leading supporter of the legislation, argued that “it constitutes a most important step in our progress towards business rehabilitation.”  The National Association of Manufacturers opposed passage.

After passage a prominent opponent was Henry Ford (who was railroaded by those that ‘enforced’ this ‘Act.) The NIRA was famous for its rules, all of which were written by committees of businessmen from the specific industry involved. Journalist Raymond Clapper reported that between 4,000 and 5,000 business practices were prohibited by NIRA orders that carried the force of law, which were contained in some 3,000 administrative orders running to over 10,000 pages, and supplemented by what Clapper said were “innumerable opinions and directions from national, regional and code boards interpreting and enforcing provisions of the act.” There were also “the rules of the code authorities, themselves, each having the force of law and affecting the lives and conduct of millions of persons.” Clapper concluded: “It requires no imagination to appreciate the difficulty the business man has in keeping informed of these codes, supplemental codes, code amendments, executive orders, The NIRA was overturned in May,1935 when the Supreme Court of the United States unanimously ruled in the case +Schechter Poultry Corp. v. United States+ (295 U.S. 495, 1935), sometimes called the “sick chicken” case, that the Act infringed upon states’ authority, unreasonably stretched the Commerce Clause, and gave legislative powers to the executive branch in violation of the Nondelegation doctrine.

Additionally, the opinion fell back on the question of consti^ Section 7(a) helped promote the formation of labor unions, and led to the establishment of the National Labor Board. The Act’s lack of clarity and enforcement powers regarding unions led to passage of the Wagner Act in 1935, which incorporated Section 7(a).

Moreover, some economists consider the act to be downright damaging to the stability of theeconomy as it weakened antitrust laws and allowed collusion.
http://en.wikipedia.org/wiki/National_Industrial_Recovery_Act http://www.civics-online.org/library/formatted/texts/recovery_act.html NRA Explained in Theory http://eh.net/encyclopedia/article/alexander.nra http://en.wikipedia.org/wiki/Gerard_Swope The President and Volker announced the board’s membership on February 6, 2009. Members from the business world include General Electric chief executive Jeffrey Immelt; James W. Owens, head of Caterpillar; Robert Wolf, chairman and CEO of UBS Group Americas; Mark T. Gallogly, founder and managing partner at Centerbridge Partners L.P.; Penny Pritzker, chairman and founder of Pritzker Realty Group; John Doerr, partner at Kleiner, Perkins, Caufield & Byers; Monica C. Lozano, publisher and CEO of La Opinion; and Charles E. Phillips, Jr., president of Oracle Corporation. Members from labor are Richard L. Trumka, secretary-treasury of the AFL-CIO, and Anna Burger, secretary-treasurer of the Service Employees International Union. Members who are known for their prior government service include former SEC chairman William H. Donaldson; Clinton administration economic adviser Laura D’Andrea Tyson, who is a professor at the Haas School of Business at the University of California at Berkeley; Martin Feldstein, who was President Ronald Reagan’s chief economic adviser and is an economics professor at Harvard University; and Roger W. Ferguson, Jr., former vice chairman of the Federal Reserve and now chief executive of TIAA-CREF. David F. Swensen, CIO at Yale University, is also a member.

Jeffrey Immelt (born February 19, 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of the U.S. based conglomerate General Electric. He was selected by GE’s Board of Directors in 2000 to replace John Francis Welch Jr. (Jack Welch) following his retirement. Previously, Immelt had headed up GE’s Medical Systems division (now known as GE Healthcare) as its President and CEO. In February, 2009, Immelt was appointed as a member to the President’s Economic Recovery Advisory Board to provide the president and his administration with advice and counsel in fixing America’s economic downturn http://en.wikipedia.org/wiki/Jeffrey_R._Immelt http://en.wikipedia.org/wiki/President%27s_Economic_Recovery_Advisory_Board http://en.wikipedia.org/wiki/NBC_Universal

GENERAL ELECTRIC As of 2003 Television Holdings: * NBC: includes 13 stations, 28% of US households. * NBC Network News: The Today Show, Nightly News with Tom Brokaw, Meet the Press, Dateline NBC, NBC News at Sunrise. * CNBC business television; MSNBC 24-hour cable and Internet news service (co-owned by NBC and Microsoft); Court TV (co-owned with Time Warner), Bravo (50%), A&E (25%), History Channel (25%). The “MS” in MSNBC means microsoft Other Holdings: *

GE Consumer Electronics. * GE Power Systems: produces turbines for nuclear reactors and power plants. * GE Plastics: produces military hardware and nuclear power equipment.

GE Transportation Systems: runs diesel and electric trains.

Related Posts:

https://lisaintx.wordpress.com/2009/12/05/obamas-season-of-hope-2010-more-federal-taxes-less-state-representation/

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8 thoughts on “Season Of Hope: Immelt Obama = GE and Big Brother reunited after 80 years

  1. Pingback: President Obama mandates forced power outages?? « LisaInTX's Blog

  2. Issac
    WOW!! What was done to you is SO wrong!!! To take away your living is unbelievable, but considering what our whole nation is currently going thru is not unexpected. Enough of this destruction to We The People…2010 is coming and I’m praying ALL that are elected who do this crap are HELD RESPONSIBLE and prosecuted as the criminals they are.
    Hang in there my friend.

  3. It really soured my day to learn of GE sitting on the left hand of Obama. I had a Trucking company that went under and GE Capitol was my finance company for my truck. I had a breakdown and needed capitol for repair and was refused . Incidentally I only had 6 more payments on the truck, was never late on payments and my credit score was 680. The truck was repoed and I lost out big time for the money I paid as well as my job and my credit score now . I only needed $10,000 to keep working and I told them it was in everyone’s best interest to keep mee working. Well they got the truck and all the money I had sent them so they did pretty well. I knew I was due for engine work and inquired a few months earlier if I was eligable for refinace for the engine work and was told yes. I stuck that in my back pocket as my ace in the hole and went forward squeeking every last mile I could out of my engine before it blew. It threw a rod Dec. 25th,2008. I haven’t worked since. BOYCOT GE ? YESSSSS !!!!!! They also own Lowes. I shop at a local store instead. You would be amazed at what all GE ownes. http://en.wikipedia.org/wiki/Category:General_Electric_subsidiaries

  4. Here is a small link I found—looks American owned, but that does not mean anything these days—we need to find the share holders……and who they are aligned with!

    Comcast Corporation

    Brian L. Roberts is the CEO of Comcast Corporation.

    Comcast Corporation is the largest cable system operator in the USA, and a significant player in cable television programming, live and televised sports and motion picture production.

    Comcast Cable provides services to over 21 million subscribers, and is America’s leading cable company, ahead of Time Warner Cable, which is owned by Time Warner Inc.. Comcast offers cable television, high speed Internet and telephone services via cable.

    Comcast television programming interests include Outdoor Life Network and Golf Channel, and it owns a large part of E! Entertainment Television and Comcast Sports Net.

    Comcast has made many acquisitions over the years to build its huge cable business. The company bought 25% of Group W Cable in 1986, and in 1988 purchased 50% of Storer Communications, Inc.. In 1994 Comcast acquired Maclean Hunter’s cable business. Comcast acquired AT&T Broadband in November 2002.

    One third of Comcast is controlled by CEO Brian L. Roberts, son of Ralph Roberts who was one of the founders and a former chairman of the company.

    Comcast had total revenue of $20.3 billion in 2004.
    http://www.mediaowners.com/company/comcast.html

  5. Boycott
    I couldn’t agree more. Thank you for your comment and link….GE is being run by corrupt Elitists—maybe they have always been this way even since the days of FDR?
    GE looks to gain billions and billions in so many different fields of our industry it is just MIND BLOWING!!
    I would not care if they did, IF it was done honestly and not as paybacks for getting Nobama elected—this is unethical and wrong and they need to be exposed as the Cartel they are!

  6. Immelt hopes to gain BILLIONS with his ‘GREEN JOBS” incentives….I could NOT believe that Obama is gonna send OUR tax dollars to states that are bankrupt, OH and handout Incentives/credits to those that will GREEN their homes!!! LMAO…….Like HOW MANY people can afford to “Green” their home, when they can’t buy food or pay their utility bills!!! Now just HOW STUPID is this FAKE Leader?????

  7. GE, Jeff Immelt and his direct reports are a bunch of scam artists. GE is nothing but scam company with a bunch of lying exeuctives covering each other A$$es!

    Folks at the end of the day, if the SEC do a forensic laptop scan…GE will not be in buiness today.

    Immelt had to sell NBC because he needs real CASH in order to survive this economy. GE Capital is one complete mess with lots of losses that the world does not know about.

    I can guarantee you all, if Immelt had a buyer for GE Capital he would sell it without wink one eye.

    GE investors beware..this below link says it all about GE and it’s executives…”General Electric to pay $50 million in settlement with SEC” see link below.

    http://ca.news.finance.yahoo.com/s/04082009/2/biz-finance-general-electric-pay-50-million-settlement-sec.html

    Immelt and a few “think” above the law executives ruined many Americans Dreams – Now these dreams are heading to India and China because according to Immelt they’re well educated or work for cheap labor…meaning Immelt’s end of year bonus get bigger and bigger!

    That’s it’s folks….

  8. Pingback: Obama’s Season of Hope 2010: More Federal Taxes, Less State Representation « LisaInTX's Blog

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