7/01/2010

General Electric President attacks Obama

GE has gotten a lot of subsidies from the Obama administration. So this is a pretty remarkable attack.

Mr Immelt also had harsh words for Barack Obama, US president, lamenting what he called a “terrible” national mood and expressing concern that over-regulation in response to the global financial crisis would damp a “tepid” US economic recovery. Business did not like the US president, and the president did not like business, he said, making a point of praising Angela Merkel, Germany’s chancellor, for her defence of German industry. . . .

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1 Comments:

Blogger Paul_In_Houston said...

I sometimes wonder if I've only been indulging in wishful thinking in my post "...and the sharks will come.", and then I see something like this and think they are truly on their way.

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7/01/2010 10:34 PM  

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