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April 16, 2009

And NBC's biggest hack is...?

Dan Gordon and Richard Baehr
This is incredible. GE is concerned CNBC is too critical of Obama, according to the New York Post.  I guess MSNBC was fair and  balanced towards Bush.  First homeland security memorandums, now this. Do you feel a chill?  Maybe Immelt should  be more concerned with other parts of his company since the stock has gone from 60 to 11 under his "leadership."

Ed Lasky adds:

GE is deeply dependent on the goodwill of Obama. They needed the bailout money and may need more; furthermore they have a vested interest in green energy -- a huge investment for them; plus involved in cap and trade. Just finished a great book on how business gets in bed with Democrats -- and has for decades. Cuts off competition, get govt. money, control the regulatory process to hurt competitors -- all at our expense.