posted 04-26-2011 07:49 AM                  

^^ = VV

posted 04-27-2011 08:36 AM                  

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Originally posted by heynow14:

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GE CEO Immelt to Lead White House Advisory Council

by Dustin Ensinger on January 21, 2011 - 2:20pm
In a move designed to appease business leaders who have soured on the administration, President Barack Obama appointed General Electric CEO Jeffery Immelt to lead a newly created Council on Jobs and Competitiveness.

The move may make business leaders happy, but average workers should be less than excited. Immelt has consistently supported the same failed trade policies that have cost America millions of jobs. As the leader of one of the world’s largest companies, he has been at the forefront of the outsourcing movement.

“You would have difficulty finding a company that has outsourced more jobs and closed more American factories than GE,” Scott Paul, Executive Director of the Alliance for American Manufacturing writes. “While they have slashed their American workforce to fewer than 150,000, GE has dramatically expanded its global presence, now employing over 300,000 workers worldwide.”

In the past, Immelt was a vocal supporter for China’s entry into the World Trade Organization. He also spoke out against the proposed “buy American” provision.

Now Immelt is bringing those same worn out ideas to the White House, where he will lead the newly created council, which will replace the President’s Economic Recovery Advisory Board.

“Immelt's prescription for boosting manufacturing harkens back to the days of bloodletting as a medical procedure -- bad policy with consistently poor results,” Paul writes.

Immelt, like the president, harps about exports, exports, exports, which is fine. Except in the big scheme of things, exports do not matter one iota unless you discuss their relation to imports. America can double exports in the next five years and still lose tens of thousands of jobs each year if the amount of imports it accepts increases accordingly.

“We must set as our highest economic priority not just increasing our exports, as the president has pledged, but also making the United States the world's leading exporter in the 21st century,” Immelt writes in The Washington Post.

Immelt also believes that America needs more free trade, not less. More free enterprise, less regulation. More open borders, less tariffs.

“We should seek to conclude trade and investment agreements with other fast-growing markets and modernize our systems for export finance and trade control,” he writes “Those who advocate increasing domestic manufacturing jobs by erecting trade barriers have it exactly wrong.”

Immelt’s fervor for free trade, and other jobs-killing policies makes him perhaps the worst choice for the job.

posted 05-10-2011 10:56 PM                  

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Originally posted by ed monahan:

His birth certificate lists his dad's birthplace as Kenya, which didn't exist until 2 years after BHO was born. The hospital was a different name back then, also. Google Kenya, it was formed in 1963, certified in 1964.

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No wonder this guys letter from 1956 never got through. http://www.thingspostal.org.uk/eastafrica/stationery/regenv-1956f-u.html
Kenya East Africa was a British Colony before 1961.