Off-Topic: Don't Shoot the Messenger

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	Name:	water_watcher -
	Subject:	Don't Shoot the Messenger
	Date:	1/24/2011 6:36:33 AM

I don't disagree that jack welch would have been a better choice. But GE only used TARP in their GE Capital division and were one of the first to pay it back. They even said at the time, they did not need it, but took it just in case things got much worse and did not impact their other divisions.

GE is selling NBC Universal to Comcast and I believe it closes tomorrow. But I do agree NBC and MSNBC have both had a liberal stance, and Comcast is very conservative company and would bet that is why Oberman is gone.

On the CFL bulbs ... GE lobbied against them since they were only made in China and have mercury. They wanted holgen and LED bulbs which are both on the market competing against CFL.

I have been a long time investor in GE (and rather sizable), so I felt the pain through the down turn ... but it is finally looking up and they are raising their dividend.

Inmelt has on his agenda to allow multinational companies to bring cash back to the US that they earned in another country without the double taxation .... this will create jobs in the US and help US companies. Just another thing Obama was against and now acting like a republican and agreeing to.

I agree with Rush on a lot of things ... but have to say he seems off the mark on this one.

Other messages in this thread:

View Entire Thread

Don't Shoot the Messenger - lotowner - 1/24/2011 6:18:43 AM

Don't Shoot the Messenger - lotowner - 1/24/2011 6:25:48 AM

Don't Shoot the Messenger - water_watcher - 1/24/2011 6:36:33 AM

Jack Welch - water_watcher - 1/24/2011 6:46:17 AM

Jack Welch - GoneFishin - 1/24/2011 3:53:21 PM

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