Received an email today about the difference between GE and IBM, and how they have been treated by Obama and his cronies. The portion about GE:
General Electric is planning to move its 115-year-old X-ray division from Waukesha, Wis., to Beijing. In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers. This is the same GE that made $5.1 billion in the United States last year, but paid no taxes-the same company that employs more people overseas than it does in the united States.
So let me get this straight. President Obama appointed GE Chairman Jeff Immelt to head his commission on job creation (job czar). Immelt is supposed to help create jobs.
I guess the President forgot to tell him in which country he was supposed to be creating those jobs.
If this doesn’t show you the total lack of leadership of this President, I don’t know what does.
Because Immelt has supported Obama’s Cap & Tax agenda, only because GE leads in many of the alternative energy fields and is positioned to rake in billions of dollars from EPA and Dept of Energy edicts, he gets a leadership position at the job creation table. While at the table, he does what most businesses will do when faced with the onerous regulations spewing forth from our government, move the jobs to more receptive venues.
Now we go to the portion of the email about IBM:
What if I told you that the Chairman and CEO of IBM, Samuel J. Palmisano, approached President Obama and members of his administration before the healthcare bill debates with a plan that would reduce healthcare expenditures by $900 billion? Given the Obama Administration’s adamancy that the United States of America simply had to make healthcare (read: health insurance) affordable for even the most dedicated welfare recipient, one would think he would have leaned forward in his chair, cupped his ear and said, “Tell me more!”
And what if I told you that the cost to the federal government for this program was nothing, zip, nada, zilch?
And, what if I told you that, in the end and after two meetings, President Obama and his team, instead of embracing a program that was proven to save money and one that was projected to save almost one trillion dollars – a private sector program costing the taxpayers nothing, zip, nada, zilch – said, “Thanks but no thanks” and then embarked on passing one of the most despised pieces of legislation in US history?
Well, it’s all true.
Samuel J. Palmisano, the Chairman of the Board and CEO for IBM, said in a recent Wall Street Journal interview that he offered to provide the Obama Administration with a program that would curb healthcare claims fraud and abuse by almost one trillion dollars but the Obama White House turned the offer down.
Mr. Palmisano is quoted as saying during a taping of The Wall Street Journal’s Viewpoints program on September 14, 2010:
“We could have improved the quality and reduced the cost of the healthcare system by $900 billion…I said we would do it for free to prove that it works. They turned us down.”
A second meeting between Mr. Palmisano and the Obama Administration took place two weeks later, with no change in the Obama Administration’s stance. A call placed to IBM on October 8, 2010, by FOX News confirmed, via a spokesperson, that Mr. Palmisano stands by his statement.
Speaking with FOX News’ Stuart Varney, Mort Zuckerman, Editor-in-Chief of US News & World Report, said, “It’s a little bit puzzling because I think there is a huge amount of both fraud and inefficiency that American business is a lot more comfortable with and more effective in trying to reduce. And this is certainly true because the IBM people have studied this very carefully. And when Palmisano went to the White House and made that proposal, it was based upon a lot of work and it was not accepted. And it’s really puzzling. These are very, very responsible people and don’t have a political ax to grind.
In Mr. Obama’s shunning of a private sector program that would have saved our country almost $1 trillion in healthcare expenditures, presented to him as he declared a “crisis in healthcare,” he proves two things beyond any doubt: that he is anti-Capitalist and anti-private sector in nature and that he can no longer be trusted to tell the truth in both his political declarations or espoused goals.”
Makes you wonder if the President really cares about any of the citizens of the US, whatever color. He has an agenda, and that agenda is not to build our country’s economy and increase the well being of it’s citizens. It is to install in our Nation, a “New World Order” that borders on Socialism.