Tuesday, July 12, 2011

Curse GE and Its CEO

We are are now being lectured by the CEO of the company that paid no federal taxes in 2010. GE Chairman and CEO Jeffrey Immelt stated:
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. There's no excuse today for lack of leadership. The truth is we all need to be part of the solution.
This socialist diatribe and payback from a man that benefited specifically from this Democrat administration.

He attempted to buffer it with some comments about the need for policy changes by Congress and the Obama administration.

The problem with hiring is not because business leaders don't want to hire, they are hesitant because of the inherit risk that this government has laid on every America with its high taxes, growth of debt-ridden entitlements and its incessant regulation and bureaucracy.

The arrogance of these people. I for one will try my best to avoid all things GE, as difficult as that has become.

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