FNC's Bill O'Reilly has already reported how General Electric, which is headed up by Jeffrey Immelt, a strong Obama ally who is on his economic recovery team and owns MSNBC an Obama media lapdog, will win big if Obama's Cap and Trade scheme is passed. Now we learn from the Washington Examiner that General Electric, and other companies, will benefit big from Obama's killing of the missile defense shield in Europe through contracts with the Russian government. I guarantee you, the same Media and far leftists who screamed about Halliburton and the Iraq war will not react in the same manner about the new cozy relationship that General Electric now has with Russia as a result of Obama's betrayal of Poland and the Czech Republic:
Reuters reports an interesting nugget in the wake of President Barack Obama's decision to grant Vladimir Putin his wish and kill the Eastern European missile shield:Shortly after the pullback on the shield programme was announced, Russia's government said Prime Minister Vladimir Putin would meet several U.S. executives on Friday from firms including General Electric, Morgan Stanley as well as TPG, one of the world's largest private equity firms
General Electric may be the company with the closest ties to the Obama administration (if not, GE is second only to Goldman Sachs), and here we see the company benefiting from an abrupt foreign policy change made by President Obama. But GE isn't the only company benefiting.
Obama told us yesterday that this was all about a faster and better missile defense system. It was a missile system we have never heard of before yesterday. A missile system that has never been tested thoroughly from ships (JLawson commented below that the SM-3 missile has been tested once when it shot down satellite. How it will perform against a weapon is an entirely different matter). Now we know what was really going on behind closed doors with Putin. They were working on the ways to line Obama's corporatists' pockets. The Poles and the Czechs were the lambs sacrificed on the altar of cronyism and corruption that has become the hallmark of the Obama Administration.
Note: I have never believed Halliburton was a kick back scheme created by Bush/Cheney, even though the MSM tried to paint it that way. General Electric, however, has been a close ally of Obama's that is set to hit it big, really big, with the Cap and Trade thing alone. On top of that GE owns MSNBC which is nothing but a media lapdog for Obama that heaps praise on the president no matter what he does. And now the connection between GE and Russia immediately after missile defense sheild was scrapped shows how tight the relationship between Obama and GE really is.