Generalissimo Electric…

I’m gonna juxtapose a couple of quotes, which I found via the website Political Capitalism:

“Capitalism’s biggest political enemies are not the firebrand trade unionists spewing vitriol against the system but the executives in pin-striped suits extolling the virtues of competitive markets with every breath while attempting to extinguish them with every action.”
Raghuram Rajan and Luigi Zingales, Saving Capitalism from the Capitalists. New York: Crown Business, 2003, p. 276.

“The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner.”General Electric CEO Jeffrey Immelt, Letter to Shareholders, GE 2008 Annual Report

Now some notes. General Electric owns NBC, and MSNBC, the infamously liberal “news” network. NBC does “green week” where they celebrate going “green”. NBC-Universal owns the SciFi and Nickelodeon networks, whereby nerds and children are similarly indoctrinated with environmental mumbo jumbo. None of this would be particularlly sinister, except that GE is highly involved in the politics surrounding energy policy and Klimacht, and of course are heavily invested in renewables. In fact, GE Wind was once Enron Wind, and we know how well that worked out (fortunately, in a way). Jeff Immelt is, arguably, the Administration’s largest ally in the energy industry. They lobbied for incandescents to be banned…naturally they produce and sell compact flourescents and stand to benefit massively from such chicanery. GE is the epitome of the political capitalist company, and a great friend to liberal fascists such as the Administration, which similarly believes in Immelt’s corporatist ideology (corporatism, was, in fact, invented (at least the term, which he used to describe his view of the role of government in business) by Mussolini, although the Progressives pioneered it-now we are full circle, America is perfecting this system under Obama…They will “bury the putrid corpse of liberty” in Benito’s words.

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2 Comments

Filed under energy, Fascism, History, Klimacht, Liberals

2 responses to “Generalissimo Electric…

  1. Big bureaucratic businesses have gone beyond mere capitalism. They’ve got theirs and screw the rest. Even WalMart has jumped into bed with Obama on “mandated” healthcare.

  2. timetochooseagain

    Indeed. It really is sad.