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Sweet Justice for Jeffrey Immelt

BEGIN TRANSCRIPT

RUSH: General Electric, crony socialism, anybody?  Remember crony capitalism?  I call it crony socialism.  This is where major CEOs, corporate executives get in bed with the government, forgetting anything but what it might mean to the bottom line of the company.  In fact, this whole thing kind of amazes me.  I saw a story while I was out.  You know, golf is having a popularity problem.  Fewer people in the Millennial age group are taking the game up, and the golf gods are trying to figure out why. 

They're doing all kinds of tests and analysis and they're experimenting with different ways to attract more people to the game and so forth.  And of all places here I am reading my tech blog and I find out why the problem exists.  These little tech bloggers, it's country clubs, man, it's white rich people banding together with their exclusionary policies, who wants to be part of that?  You gotta join a white rich man's country club to play golf, and who wants to play by those rules? Who wants to have to earn that kind of money?  Who wants to have to wear a jacket to dinner every night and play stuffed-up mister this and that, play those kind of games with corporate chieftains. 

The attack on corporate CEOs, the left hates them.  The left hates corporations, hates CEOs, but every damn one of them is in bed with Obama, and leading the pack with Jeffrey Immelt at GE, which used to own NBC, which just hired a psychological consultant to fix David Gregory.  And GE, which didn't need a dime of federal money for research and development took all kinds of federal money for their green energy expansion program, which was bogus. 

There isn't any profit in green energy.  It was just a way for the corporation to get close to Obama so Obama wouldn't penalize the corporation, in theory.  That's the reason for crony capitalism or crony socialism. You get close to the center of power and you're protected by it and you're insulated from whatever power does to the masses. 

Well, it turns out General Electric is telling its investors that Obamacare is to blame for recent losses in the company's health care division.  Well, now, is this not just sweet justice?  Hospitals and clinics appear to be delaying purchases of GE manufactured -- like they make MRIs and stuff. 

"'Hospitals and clinics appear to be delaying purchases and responses to the ACA [Affordable Care Act],' stated GE senior vice president and CFO Jeffrey S. Bornstein in the company’s first-quarter earnings call. General Electric CEO Jeffrey Immelt, an outside economic adviser to President Obama --" he was on the Jobs Council, "-- confirmed at a shareholder meeting Wednesday that the health sector is experiencing uncertainty."

Really?  You think?  The health sector is experiencing uncertainty?  Really?  Who knew?  So even GE who decided to get in bed almost literally with Obama in order to be protected against whatever Obama was gonna do to everybody else is still finding itself up the creek without a paddle.  Its investors are wondering what's going on with the health division, and GE says, "Well, Obamacare is to blame for recent losses."  The investors would have every right to say, "Wait a minute, you got in bed with Obama.  You're supposed to be able to prevent these kind of things from happening by virtue of your relationship, your association with Obama." 

Didn't work.  Suckers.  It just amazes me.  This is another reason why I say -- it sounds simplistic -- but if people would just employ a little ideology, if people would just understand what happens when liberals gain control of things. I'll tell you, you know the biggest change in the last 20 years?  It's not your old Democrat Party anymore.  The biggest change in the last 20 years is the left now being braggadociously open about who they are and what they want.  They are fascists.  There is no debate. They don't have any desire for debate.  They want to stifle and end dissent.  They don't want anybody disagreeing.  Anybody that does is gonna be done away with or dispatched or what have you. 

There's no amount of cozying up to them. There's no amount of walking across the aisle. There's no amount of bipartisanship. There's no amount of compromise.  The only thing that can be done is to defeat these people.  They cannot be reasoned with or worked with.  They don't want to be reasonable.  That's not what they're about.  If more people in powerful positions just understood world history.  Now you got this guy Piketty with his book out, which is just recycled Marxism with modern day technology and the left is just eating it up.  

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