Tuesday, March 29, 2011

General Electric: Obama's Halliburton?

General Electric: Obama's Halliburton?

The hypocrisy permeating the policy decisions emanating from the Obama White House continues. General Electric will directly benefit from Obama’s decision to renege on a deal to provide Eastern Europe with missile defense systems (the obvious implications of which go well beyond the topic in this blog). As reported in the Washington Examiner:
“General Electric may be the companywith the closest ties to the Obama administration (if not, GE is second only to Goldman Sachs), and here we see thecompany benefiting from an abrupt foreign policy change made by President Obama…

GE CEO Jeff Immelt sits on Obama's Economic Recovery Advisory Board, and GE owns MSNBC, the network famously friendly to Obama.”

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