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 Post subject: communism was what got things done???
PostPosted: Tue Dec 11, 2012 11:57 pm 

Joined: Sat Jul 31, 2010 12:34 am
Posts: 3829
Glenn has a storied history with General Electric CEO Jeffrey Immelt, having been his neighbor when Glenn lived in New York City. Is it any surprise that Glenn moved to Texas when he had a neighbor like this guy? The man who serves as a the Chairperson of President Obama’s Council on Jobs and Competitiveness recently claimed that state-run communism was what got things done!On Monday morning, Immelt appeared on CBS to discuss China’s growth rate with Charlie Rose.

“Look, I think it’s good for China,” he said. “To a certain extent, Charlie, 11 to 12 percent is unsustainable. You end up getting too much stimulus or a misallocation of resources. They are much better off working on a more consumer-based economy, less dependent on exports, driving technology and innovation harder. Really, the one thing that actually works, state run communism may not be your cup of tea, but their government works.”

“It works because they get things done. Because they’ve got somebody dictating how things are happen. This is not how our country is supposed to work,” Pat said.

Advertisement“The people like Jeffrey Immelt were fans of Mussolini and most of them at the beginning of Hitler,” Glenn said. “Of course Communism works for them because they’re in with the power structure. But if you’re not in the power structure it ain’t going to work for you, jack. Because it works because there’s somebody dictating what has to happen.”

“Common sense had better kick in on the lower end. It better kick in on the college age or we are – I mean I can’t believe it. They have done such an effective job that the people in power, the man, the people like GE, the people in Congress, the people in the White House, they’re actually siding with the man. That’s how effective their brainwashing has been on youth. The youth always rebel against the people in power,” Glenn said. “It’s incredible. The world is upside down.”
Watch Immelt’s comments below: [b]`~~~~Go figure obamas jobs czar GE hot shot lost us jobs here and sent GE jobs to china ,now says "communism was what got things done!" 4 more yrs of this ?~~and from the party that busted romney for the same :roll: [/b] July 27th, 2011
05:43 PM ET
_---GE moving X-ray business to China. What message is sent to U.S.?
FROM CNN's Jack Cafferty:

Here is more evidence of the suicide mission this country is on: General Electric announced it's moving its 115-year-old X-ray business from Waukesha, Wisconsin to Beijing, China.

---GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace By Michael, on July 29th, 2011 Jeffrey Immelt, the head of Barack Obama's highly touted "Jobs Council", is moving even more GE infrastructure to China. GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it "is moving the headquarters of its 115-year-old X-ray business to Beijing". Apparently, this is all part of a "plan to invest about $2 billion across China" over the next few years. But moving core pieces of its business overseas is nothing new for GE. Under Immelt, GE has shipped tens of thousands of good jobs out of the United States. Perhaps GE should change its slogan to "Imagination At Work (In China)". If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?

~~just do a google search "GE and jobs to china"~~


 Post subject: Re: communism was what got things done???
PostPosted: Fri Dec 14, 2012 5:22 pm 

Joined: Sun Aug 01, 2010 10:08 am
Posts: 1743
What Jeff fails to understand is that growth did not occur in China until they freed their businesses from communist control.

Profit motives drive investment and allocation of resources, not central planners. Communism has failed the economy everywhere it has been tried because it is impossible to account for the trillions of consumer desires day to day.

Only a free market can tell business where to best invest their time and $ for maximum results.

"Liberty is not a thing for the great masses of men. It is the exclusive possession of a small and disreputable minority, like knowledge, courage and honor." - H.L. Mencken

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