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New World Order Title: ‘Is GE betraying its customers and its country?’ General Electric is one of America's most storied companies. Founded in 1892, the global conglomerate has over 300,000 employees and business units that are involved with every aspect of industry, from finance to light bulbs. In the process, however, GE has become emblematic of crony capitalism with its deep and intricate ties to the Democrat Party and the Obama administration in particular. At Daily Finance, Peter Cohan describes how GE's recently announced aviation deal in China endangers America's economic and national security interests. How GE Is Arming China to Compete With Boeing -- and America General Electric (GE) plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just flight-tested a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S. But if China does decide to get aggressive with the U.S., GE will have provided it with the aircraft technology it will be using. According to The New York Times, GE is signing a deal to sell avionics technology -- electronics that control an aircraft's basic in-flight operations -- to Commercial Aircraft Corp. of China (CACC), which aspires to build commercial and military aircraft. GE will do this through a joint venture with a Chinese company, Aviation Industry Corp. of China (Avic). Avic makes avionics for CACC and for China's military -- including its stealth fighter. Cohan, a Babson College professor, believes "GE [is] betraying its customers and its country" because China represents a $400 billion market for its aircraft products by 2030. Cohan believes that Crony Capitalists like GE's senior management are "making the decisions that will determine America's fate." This is a discomfiting thought indeed -- and General Electric's shareholders need to make their voices heard before this deal is a fait accompli. Infomercials for Socialized Medicine This isn't the first time that GE has appeared to have a dramatic conflict with the best interests of the American people. Consider its actions related to socialized medicine -- better known as Obamacare -- and its advocacy efforts of same. Remember that GE Capital -- another unit of General Electric -- received approximately $140 billion in taxpayer funds in 2008 as part of the initial financial bailout. Which makes it curious that the Obama administration earmarked another six billion in GE funds (or are they taxpayer funds?) to a new GE firm called Healthymagination.
Healthymagination's advisers include Tom Daschle, Barack Obama's initial nominee for secretary of Health and Human Services. At a recent conference, GE CEO Jeffrey Immelt claimed that America's economic crisis was not simply an economic crisis. It was instead a "reset", where companies that intersect with government will "prosper... and people who don't understand that will get left behind." Immelt, a member of Mr. Obama's economic recovery advisory board, went on to say that, "The intersection of government and business will be changed, maybe for a generation." The business case behind Healthymagination hinged on nationalization of the health care industry. Computerization of health care records is not only a vaunted component of the Obama stimulus package, it is also a $75 to $100 billion business over the next ten years. Coincidentally, Healthymagination just happens to be building a health care record management system. Oh, and did I mention NBC? It was involved, too. In 2009 Health Imaging reported that the GE-owned media conglomerate -- something out of the movie Rollerball -- would also do its part. NBC Universal and NBC News would air more than 5,000 televised reports annually on health and wellness. MSNBC would launch a new, daily program dedicated solely to health information... in addition to medical issues it would also examine health policy. The plan was simple: the media would broadcast pro-Obamacare propaganda; government would enact policy "by popular demand"; and the chosen corporation would profit at taxpayer expense. As Andrew Wilkow observed, "Healthymagination states its target dates for the completion of its various initiatives as 2015, well into a second Obama term. This means GE will have a deep financial interest in Mr. Obama's re-election; a fact that will no doubt be reflected in its media divisions. It will certainly be interesting to see if the left-wing watchdogs howl, or if they will conclude this is an acceptable level of collusion between the White House and a multinational conglomerate." The sale of NBC to Comcast may have thwarted those plans, but the plans themselves were downright disturbing. It's up to shareholders to call GE CEO Jeff Immelt on the carpet What GE appears to be engaging in is not capitalism: it is an unholy alliance of governmental and corporate interests that thwarts the national security and economic interests of the American people to benefit a chosen few senior executives and politicians. GE's shareholders must rebel against these un-American -- and, frankly, anti-American -- activities. GE is a national institution -- but its recent activities smack of pure, unmitigated evil.
Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 3. At Daily Finance, Peter Cohan describes how GE's recently announced aviation deal in China endangers America's economic and national security interests. How GE Is Arming China to Compete With Boeing -- and America On the board of American IG in 1930 were a number of Americans. They were; * Edsel B Ford (Ford Motors) * Herman A Metz (IG Farben, Bank of Manhattan) * Charles E Mitchell (Federal Reserve Bank of New York, National City Bank) * Walter Teagle (Federal Reserve Bank of New York, Standard Oil of New Jersey) * Paul M Warburg (Federal Reserve Bank of New York, Bank of Manhattan) Of note is the presence of three directors of the Federal Reserve Bank of New York, including Paul Warburg who was the architect of the Federal Reserve system. Paul Warburg's brother Max sat on the board of IG Farben in Germany. It must be remembered that Max sent Lenin into Russia in 1917. The Federal Reserve Bank of New York was considered the most powerful bank in the USA because it had the most power within the Federal Reserve system. Why would THREE of its directors want to direct the American subsidiary of a German chemical corporation? One of the German directors was Max Ilgner, the nephew of IG Farben creator Hermann Schmitz, who also sat on the board of American IG. Ilgner ran the Berlin NW7 office of IG Farben, which was the key Nazi overseas espionage centre and housed the economic intelligence unit of the Wehrmacht. Also of note is the presence of Edsel B Ford of Ford Motors. In 1928 Ford in Germany merged with IG Farben. Henry Ford was admired so much by Hitler that Ford was awarded the Grand Cross of the Supreme Order of the German Eagle. This was the highest honour that could be bestowed by Germany on a non-German. Ford was the first American to receive the award. One of the three previous recipients was Benito Mussolini. During WW2 Ford of France and Ford of Germany supplied Germany with trucks and parts, while Ford's factory in the Soviet Union supplied the USSR with trucks, and Ford plants in the USA supplied the Allies with trucks. This is the classic "help all sides and control who wins" scenario. Parrot: By the way,...a Senior SS official of IG Farben was part of the Bilderberg org's creation . US money interests supplied Nazi's who killed Americans during WW-2.
#2. To: Parrot with speed dial (#1) You left out the Japanese end of things pre WW2 where exactly the same thing happened. You also left out WW1, and the indian WARS, and the Civil WAR/WAR between the states, and the Mexican WAR, and the Barbary Coast WARS and the WAR of 1812 and the Revolutionary WAR and ... ALL THROUGH OUT ALL OF HUMAN HISTORY'S WARs? This isn't just an American phenomena, it's a HUMAN thing. NOT that I'm in any way try to excuse such treason. It just IS what it IS, and what it ALWAYS has been. What do mean? COULD it happen again? It IS happening with Communist China as the major player. But the islamists have been in the mix for years, as have the Russians and ... name an enemy. Talk about not learning from the past. GREASE is GREASE, and pigs are pigs. Always have been always will be. It's just that in all of human history you seldom have seen such joyous bald faced and public treason as we in America see NOW.
#3. To: Mad Dog (#2) The other day,...listened to an interview which discussed the Then period Banker/Elite/Preist class...pushing Athens to attack Sparta. It keeps repeating over and over thru history. If you actually get to live your life out without a Banker war engulfing your nation,...you've indeed lived a blessed life : )
Replies to Comment # 3. #4. To: Parrot with speed dial (#3) If you actually get to live your life out without a Banker war engulfing your nation,...you've indeed lived a blessed life : ) WAR always has been, and likely always will be, "good" business. I just finished Alistar Horne's "Verdun, the price of Glory". TEN months of fighting in an area of only ten square kilometers. Total, (German and French), casualties about 1 1/2 MILLION, half that, about 3/4 of a MILLION, men DEAD. What a fucking insane waste of good men and material. If you haven't ever read it you might find it interesting.
End Trace Mode for Comment # 3. Top • Page Up • Full Thread • Page Down • Bottom/Latest |
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