Open Forum: More political paybacks
President Obama recently named General Electric CEO Jeffery Immelt, to head his Council on Jobs and Competitiveness.
Under his leadership, Immelt seems to have lost 34,000 GE domestic jobs, while creating 25,000 jobs overseas. He ran NBC/MSNBC at losses, but provided great outlets for Obama propaganda.
GE received $140 billion in TARP funds. Remember TARP was intended to help financially troubled banks. The last time I looked, GE wasn’t a bank, but Obama made an exception.
He certainly seems eminently qualified to provide leadership on jobs and job creation.