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Thursday, February 18, 2010

11/6/09 GE former CEO blasts Obama n crew

http://tinyurl.com/y9fe7pd

IN CASE YOU NEVER KNEW OR FORGOT, Jack Welch had this little job back in the day...not but a few years ago...as the CEO of GENERAL ELECTRIC. If you don't know about GE i am not even getting into that 4 page event just google current CEO Jeffrey Immelt and then look into GE's massive work with foreign countries especially where Bin Laden and his kin are concerned....then that little thing called The Cap and Trade bill and the fact that GE would be about the only entity to make more $ than Al Gore's properties...oh and low and behold Mr. Immelt is also on a one ...or maybe a couple...of PREZbo's various advisory groups, boards, committees or WTF ever they are generally calling these ass clowns these days.

Jack Welch blasts President Obama, Barney Frank

By Thomas Grillo
Thursday, November 5, 2009 - Updated 1d 8h ago

Jack Welch, the former CEO of General Electric, blasted the Obama administration and Congressman Barney Frank this morning telling a banking audience that the Democrats’ actions to restructure the entire economy are “insane.”

“I hope that the New Jersey and Virginia governor’s race will put some realism into this administration,” Welch told an enthusiastic crowd at the Bank Administration Institute convention at Boston’s Convention and Exhibition Center. “I hope it will cause them to pause and not just jump into anything they encounter.”

Welch was referring to the races on Tuesday where Republicans bested Democrats, a sign some say that voters are unhappy with President Barack Obama’s handling of the country.

“I desperately want more thought so we don’t throw out some of the great things we have in this country,” Welch said to more than 1,000 bankers who watched the 73-year-old via video hookup. “Right now, Barney Frank has the floor. He can send us down paths that might be bad for us. That’s frightening. I hope the elections in those two states will slow the speed at which we are attacking climate change, financial regulations and health care. We can’t just pile up deficits and restructure the entire economy in 12-18 months. It’s not doable. It’s insane.”

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