From the July 11 Washington Examiner:
Protestors chanting “Hey! Hey! Ho! Ho! Cronyism has got to go!” marched during the lunch hour today in front of the U.S. Chamber of Commerce’s Washington, D.C. headquarters.
The marchers were protesting the appearance of General Electric CEO Jeffrey Immelt in the chamber’s day-long conference on job creation, Jobs for America Summit. Immelt, who is chairman of President Obama’s Council on Jobs and Competitiveness, was the event’s keynoter.
“We think it’s ludicrous and outrageous that Jeff Immelt should be speaking at a job summit when he is the leading corporate job killer in America,” said Myron Ebell, director of the Center for Energy and Environment at the Competitive Enterprise Institute (CEI).“He is willing to hurt the U.S. economy if it will help GE.”
CEI and Freedom Action, a conservative activist group, were the largest presence at the protest.
“The people who are part of the business sector, the people in this room, have got to stop complaining about government and get some action underway. There’s no excuse today for lack of leadership. The truth is we all need to be part of the solution … We can’t always be fighting. We need to act, and the private sector can do more.”
Yeah, it’s easy to do that when you have the President of the United States on speed dial. But what about everyone else? Meanwhile, Jammie Wearing Fool and others have noted that while GE has made a big deal out of bringing 1300 union jobs back to America this fall, GE has actually shed over 36,000 jobs worldwide since 2009. GE also paid no US income tax on $5 billion in profits from its American operations in 2010.
Once again, it’s great to be a favorite of the king.