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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Jan. 24, 2011 / 19 Shevat, 5771

Jeffery Immelt: A Crony Capitalist In Charge of Job Creation

By Arnold Ahlert




http://www.JewishWorldReview.com | As we head into the 2012 election campaign, it is critically important for Republicans to make Americans aware of the difference between genuine free-market capitalism and "crony capitalism." The former is practiced by those Americans who wish to succeed by taking risks, working hard and, most importantly, playing by the rules. The latter are people who "already have theirs" and want to keep up-and-coming potential competitors at bay, using government as a club to do so. Exhibit A for the cronies? Newly-appointed head of the newly-created President's Council on Jobs and Competitiveness, General Electric CEO Jeffrey Immelt.

Mr. Immelt has made no secret of his intention to advance the fortunes of General Electric using government contracts as his vehicle of choice. Thus, it was no coincidence that NBC TV, which is owned by GE, has run a three-year "Going Green" advertising campaign, promoting an agenda which directly benefits the parent company. Were such an ad campaign limited to news and information shows it would be bad enough. But NBC also slipped pro-environmental messages into the scripts of its prime-time television line-up, with shows such as "The Biggest Loser," "The Office," "Heroes," "Community," and "30 Rock" in the mix.

Beginning in 2007, General Electric was also directly involved in the successful campaign to eliminate incandescent lights bulbs, a reality partly occurring in California already, and one which will be in full force nationwide by 2014. They did this because they are very well-positioned to manufacture the incandescent bulb's replacement, compact fluorescents. Those are the bulbs which have been laughingly touted as "good for the environment," even though they contain enough mercury that, if one breaks, cleaning up the breakage entails haz-mat disposal procedures. Bad enough, but here's the capper: on September 8, 2010, GE shut down its last incandescent bulb factory in the United States, laying off 200 American workers in the process. Where will they be manufacturing their new fluorescent bulbs?

In China.

Such a reality is an integral part of GE's "Ecomagination" strategy, which is nothing more than crony capitalism on steroids. Backing both the Obama administration's health care bill and their "green jobs" agenda is a ham-fisted effort by GE to promote its products, such as medical equipment, solar panels and the aforementioned light bulbs. Immelt is so confident about his company's "special" relationship with the Obama administration that, according to Fox News, he has "consistently argued to shareholders that there is big money to be made in advancing the Democratic agenda." Not the American agenda. The statist, crony capitalist, corporation-nationalizing, Obama administration agenda. The one which most recently demonstrated that agenda by granting waivers from the health care bill to over 200 "favored" constituencies, including unions in favor of the bill.

The one in which government, not the marketplace, determines "winners" and "losers." How good are Immelt's credentials regarding job creation? During his tenure, GE has seen a decline in the number of its employees, and its stock underperform the Dow and the S&P by 60%. More importantly, GE was given a $139 billion government bailout for its lending subsidiary, GE Capital, during the financial crisis. All of this begs an obvious question: in a country filled with genuine job creators, how does a man who arguably brought one of America's largest corporations to its knees get appointed as the leader of job creation for the Obama administration? Perhaps the only thing more surreal is the president's statement regarding Immelt's appointment: "Jeff Immelt's experience at G.E. and his understanding of the vital role the private sector plays in creating jobs and making America competitive makes him up to the challenge of leading this new council." Spare me. Jeffery Immelt may be the biggest government-anointed "winner" of all.

And perhaps, as a result of Mr. Immelt's new appointment, we may have our first "loser" as well. On Friday night, MSNBC staple, Keith Olbermann, abruptly announced he was leaving that network's highest-rated news show — effective immediately. Coincidence? There is speculation Olbermann lost his job due to NBC's merger with Comcast, in which NBC retains a 49% share of the company to Comcast's' 51%. But Comcast spokesman, Jeremy Gaines, was having none of it. "We pledged from the day the deal was announced that we would not interfere with NBC Universal's news operations. We have not and we will not," he said. MSNBC claimed Mr. Olbermann had simply reached the end of his contract and it would not be renewed.

Yet there was also a troubling NY Times article written in 2009, which claims a deal was brokered between FOX chairman Rupert Murdoch and Immelt to tamp down an ongoing between TV hosts Olbermann and Fox's Bill O'Reilly. The feud apparently extended to railing against the corporate leaders of both companies. Part of O'Reilly's salvos included references to GE's legal sales of energy and medical technology to Iran, which resulted in hundreds of angry emails being sent to GE. The company claims its business relationship with the Islamic republic has ceased. After the meeting, the attacks by both men reportedly stopped. Draw your own conclusions.

Unfortunately, America itself is also a loser. The President's Council on Jobs and Competitiveness replaces the President's Economic Recovery Advisory Board which had been led by former Federal Reserve Chairman Paul Volker. Volker was highly instrumental in helping Ronald Reagan's administration undo America's last economic catastrophe, courtesy of America's last radical leftist president, Jimmy Carter. Yet Volker was virtually ignored by the administration during his tenure. Why? Try this statement he made in 2009:

"I do not think it reasonable that public money — taxpayer money — be indirectly available to support risk-prone capital market activities simply because they are housed within a commercial banking organization. Heavy proprietary trading almost inevitably entails risks. I want to question any presumption that the federal safety net, and financial support, will be extended beyond the traditional commercial banking community."

Translation: let the crony capitalists sink or swim on their own — without being able to pick the pockets of the American taxpayer.

So Volker is out and "job creator" Jeffrey Immelt is in — and a certain political commentator with a loose cannon reputation will no longer be around to possibly dub him the "Worst Person in the World." America's unemployment problem? A crony capitalist fox is in charge of the job-generating henhouse. It's up to House Republicans to remind Americans about this unholy alliance every chance they get. It's up to Americans themselves to use the 2012 election to finish the job they started in 2010. Free-market capitalism is the greatest economic system the world has ever known. What we're getting from the Obama administration is a cruel joke.

Sadly, the joke's on us.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment on JWR Contributor Arnold Ahlert's column, by clicking here.



Previously:


01/20/11:
An ‘Intimate’ Prime-time Interview
01/17/11: Progressives: Always Angry, Newly Desperate
01/12/11: Twain vs. the Totalitarians
01/10/11: Politically Correct Passports?
01/05/11: Showdown at the Fiscal Corral
01/03/11: Reading the Constitution Aloud is a Good Start
12/30/10: Getting Our Moral Mojo Back
12/27/10: PC Airport Safety is an Oxymoron
12/23/10: Getting America Back On Track
12/20/10: A Collectivist Coalition of Convenience
12/15/10: The President Who Wasn't There
12/13/10: Tech-No!
12/08/10: A Lethal Military, Inclusive or Not
12/06/10: The ‘Unexpected’ Consequences of Progressivism
12/01/10: Leakers and Losers
11/29/10: ‘We Won’, Part One
11/22/10: Keep Your Hands Off My Constitution
11/17/10: Grope and Change
11/14/10: Taking Back Our Country, One School At a Time
11/11/10: Checks (and Balances), Please
11/08/10: Curtain Up, Progressives Down
11/04/10: Last Chance, Republicans
11/01/10: By Their Own Words Shall Ye Know Them
10/28/10: Progressive Determination to Undermine American Elections
10/25/10: Shock, but more importantly, action: De-Unionize Public Schools now
10/20/10: Multiculturalism? Check, Please
10/18/10: Healthcare: ‘Alice in Wonderland’ vs. The Constitution
10/11/10: Vote for Restoring the Rule of Law in November
10/11/10: Dems: Running From Clarity
10/07/10: Hypersensitive Hogwash
10/04/10: ‘Comprehensive’ Con Artists
09/29/10: Why Dems Are Going Down in November
09/27/10: The Unholiest of Unholy Alliances
09/22/10: Two Words for Republicans to Remember: ‘I Won’
09/20/10: Purging ‘Me First’ Politicians
09/17/10: No More ‘Lesser of Two Evils’
09/15/10: ‘Recovery’ Arms Race
09/13/10: ‘Bigots’ in the Majority --- Again?
09/09/10: Giving Voters Something to Vote For
09/07/10: Irresponsible Dems, Incomprehensible Bills
09/02/10: War Weary Americans vs. Implacable Islamists
08/31/10: A ‘Dream’ Debased
08/25/10: American ‘Bigots’ Versus Media Propagandists
08/23/10: Recovery Bummer
08/19/10: An Unholy Alliance of Radicals
08/16/10: You've Lost America, Mr. President
08/13/10: The Twin Towers of Progressive Disconnect
08/11/10: A Far Better ‘National Discussion’
08/09/10: It's ‘Only’ One Dead Nun
08/06/10: Incremental Tyranny
08/04/10: Ground Zero Mosque: Context Counts
08/02/10: The Arizona Ruling: a Gift for November
07/29/10: The United Cities of America
07/26/10: JournoList: ‘Coordinated’ Ideological Bankruptcy
07/20/10: Go For Broke Or Get Out of the Way
07/14/10: You're a Liberal/Progressive if You Believe…
07/12/10: $33-an-hour--For Sleeping On the Job
07/08/10: Extortionist Government
07/06/10: ‘Commerce Clause’ Totalitarians
07/01/10: Another Public School Travesty in MA
06/30/10: Calling YOUR Bluff, Mr. President
06/28/10: A Trifecta of Progressive Corruption
06/23/10: Plug the Darn Hole --- In Our Border
06/21/10: Our Empty-Suit-in-Chief
06/16/10: Betraying Our Children
06/14/10: Who Gets the Benefit of the Doubt?
06/07/10: Politically Correct Warfare
06/01/10: Bill Maher's ‘Black’ President
05/25/10: A Mosque At Ground Zero
05/23/10: Libs Stand Tall --- For Mexico
05/19/10: The 'Unintended Consequences' of Liberalism
05/17/10: 'Los' Suns: Stuck on Stupido
05/12/10: Union Audacity: Yes We Will!
05/10/10: Greeks, Leaks and and Double-Speak
05/05/10: Twelve Million Illegals --- or Thirty?
05/02/10: Republicans: Playing Not to Lose Doesn't Cut It
04/28/10: Arizona: Progressivism's Waterloo?
04/26/10: Son of Amnesty
04/22/10: Mortgages and Moral Meltdowns
04/20/10: Bashing Christians — Or Gays?
04/15/10: Personal Integri-‘tea’
04/12/10: Fools, Tools and Ghouls
04/08/10: (Tea) Party On
04/05/10: The Triumph of Mediocrity
04/02/10: Two For the Road
03/29/10: The Innate Immorality of Liberalism
03/24/10: The Art of War
03/22/10: I Want My Country Back
03/18/10: A Perpetual Process
03/17/10: American Exhibitionists
03/15/10: A Light Bulb Moment of Clarity
03/10/10: Little Things Mean A Lot
02/03/10: Budgetary Fork in the Road
02/01/10: Liberal Economic Illiteracy
01/27/10: ‘Roe-ing and Wade-ing’ Back to Reason
01/25/10: Arrogance When Up, Denial When Down
01/20/10: Connecting the Educational Dots
01/19/10: The Next Tea Party?
01/15/10: The Myth That Keeps on Giving
01/13/10: Airport Security Begins Away From the Airport
01/11/10: Secrets and Lies
01/08/10: Embracing Bigotry — or Rejecting Bullying?
01/06/10: Hanging by an Ideological Thread
01/04/10: Our ‘Wonderama’ Bureaucracy
12/30/09: A Day Off
12/28/09: Dangerous Myths
12/25/09: I, Me, Mine
12/23/09: A Very Harry Christmas
12/21/09: My Opinon
12/18/09: The Party of Repeal
12/15/09: Privileged Exemption
11/30/09: ‘Settled’ Science and Unsettled Children
11/30/09: American Sharia Law
11/23/09:The Trial (Travesty) of the Century
11/04/09: American Vampires and Their Political Enablers
11/01/09: ‘Opting Out’ of Insanity?
10/28/09: Cell Phones Cause Brain Cancer. Brain Required
10/26/09: Communism: Nazism With Better PR
10/21/09: Just Asking
10/16/09: Cost Projections vs. Actual Costs, or Hope and Change vs. Reality
10/14/09: News you can use …
10/07/09: Incremental Insidiousness
10/05/09: MIA: Common Sense and Common Decency
09/30/09: Iran: Bad Options and Unpreparedness
09/21/09: Crying Racism: the Last Refuge of Scoundrels
09/11/09: 9/11 Cannot Be Sanitized
09/08/09: ‘Truthers’ and Consequences
09/01/09: A ‘Paper Trail’ Challenge for the Mainstream Media
08/31/09: Drowning in Amorality
08/26/09: The Republican Recovery Program

© 2010, Arnold Ahlert

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