Topic: Jeffrey Immelt

GE Chairman Jeffrey Immelt's interview with Charlie Rose is scrutinized for his praise of the Chinese government's efficiency. Immelt, who advises the President on jobs, suggests that state-run communism "works" and encourages his team to study China's 12th five-year plan. The hosts characterize these statements as corporate pandering intended to facilitate GE's sales of jet engines to the Chinese market.

General Electric (GE) received $26.5 billion in Pentagon contracts in August. The discussion highlights the close relationship between GE CEO Jeffrey Immelt and the Obama administration, as well as GE's move to relocate its x-ray division to China.

Senator John McCain tweeted about a business delegation in Egypt featuring executives from General Electric, Coca-Cola, and Exxon Mobil, which is framed as the "elites" taking over after the revolution. The discussion shifts to the hacking group LulzSec, which is characterized as a "lone wolf" distraction used by political entities to release documents or create chaos. The hosts question why the government hasn't taken down the LulzSec website if they are truly a threat.

Jeffrey Immelt, CEO of General Electric and chair of the President's Council on Jobs and Competitiveness, authored an op-ed calling for a partnership between the private sector and community colleges. Immelt argues that despite high unemployment, 2 million jobs remain open because workers lack advanced manufacturing skills. Critics suggest this initiative is a way for corporations like GE to shift the cost of worker training onto the public education system.

The hosts read the roster of the President's Advisory Council on Jobs and the Economy, noting the heavy presence of CEOs from companies like Intel, Comcast, and Facebook. They define this alliance between government and major corporations as modern corporatism or "intellectual fascism." The segment argues that these appointments prioritize corporate profits over public interest.

President Barack Obama visited an Intel facility in Portland, Oregon, where he named Intel CEO Paul Ottolini to his advisory panel on the economy. This move follows the previous appointment of GE CEO Jeffrey Immelt, leading to claims of collusion between big business and the federal government. The trend is characterized as a form of corporate fascism where major CEOs exert direct influence over government policy.

Fox News has begun attacking General Electric (GE) for its low corporate tax rate, which is reportedly around 3% compared to the standard 30-36%. The hosts suggest that since GE sold its media arm (NBC Universal), the "gentleman's agreement" between networks to avoid criticizing each other's parent companies has ended. They predict GE will become a major target for tax reform advocates.

President Obama appoints GE CEO Jeffrey Immelt to lead the Council on Jobs and Competitiveness. Senator Bernie Sanders is heard criticizing Immelt for his 2002 comments praising China's low-cost manufacturing and for GE's extensive outsourcing. The hosts define the close partnership between the corporation and the government as a form of corporatist fascism.

A viral clip from a CNBC town hall features a woman claiming to be "exhausted" from defending President Obama. The hosts argue that the woman was a plant, asserting that participants in presidential forums are strictly vetted and that her "spontaneous" criticism was likely scripted to serve a specific political narrative.

Charlie Gasparino reports that GE CEO Jeffrey Immelt held meetings with NBC and CNBC executives to demand more favorable coverage of the Obama administration. The hosts discuss CNBC's history of being "market boosters" and the pressure on financial news networks to align with government economic narratives.

The 2010 Washington Correspondents Dinner is reviewed, contrasting President Obama's successful stand-up routine with Jay Leno's poorly received performance. Speculation is raised that the event was structured to favor the President's image. Obama's use of a CNN clip featuring Rick Sanchez is noted as a highlight of the evening.

Kenneth Feinberg, the official overseeing executive pay cuts for bailed-out companies, is criticized for his previous role managing the 9/11 Victim Compensation Fund. In that role, he required families to waive their right to sue the government in exchange for payments. Questions are raised about why GE CEO Jeffrey Immelt's pay remains untouched despite GE Capital receiving government bailouts.

Recent episodes of the television drama *Law & Order* featured graphic descriptions of late-term abortion procedures and characters questioning the validity of Roe v. Wade. The inclusion of such polarizing content on NBC, often viewed as a pro-Obama network, is seen as a potential distraction or a shift in media programming. The hosts speculate on the underlying political or religious agenda behind these scripts.

General Electric (GE), the parent company of NBC, is accused of using its news outlets to promote "cap and trade" legislation that would financially benefit the corporation. The hosts discuss reports that GE leadership encouraged employees to support specific politicians to advance these business interests. This is presented as a fundamental conflict of interest for MSNBC and NBC News.

Keith Olbermann denied reports of a "gentleman's agreement" between GE CEO Jeffrey Immelt and News Corp's Rupert Murdoch to end the public feud between MSNBC and Fox News. Olbermann used his "Worst Person in the World" segment to attack Murdoch, claiming the News Corp chairman has muzzled Bill O'Reilly to protect corporate interests.

The hosts analyze a report from Salon and the New York Times regarding a "gentleman's agreement" between GE's Jeffrey Immelt and News Corp's Rupert Murdoch to end the public feuding between Bill O'Reilly and Keith Olbermann. They discuss how corporate interests and parent company reputations lead to self-censorship among high-profile media personalities.

President Obama's Economic Recovery Advisory Board is scrutinized for its heavy inclusion of corporate CEOs and venture capitalists. Named members include Jeffrey Immelt of GE, John Doerr of Kleiner Perkins, and Charles Phillips of Oracle. The hosts characterize this alliance between government and major corporations as a move toward corporatism or fascism.