Brilliant! Obama names GE CEO Jeffrey Immelt to replace Pal Volcker

obama-asleepWhat a better choice to help “fix” the U.S. economy, than GE CEO Jeffrey Immelt. The same man who has not only ran General Electric into the ground, but also NBC/Universal (before their sale to Comcast) will replace Paul Volcker and head Obama’s economic panel. Could you think of a better choice than Immelt to help fix the economy? I sure can’t (/sarcasm). From Fox News/AP

“Since my campaign for president, I have relied on Paul Volcker’s counsel as we worked to recover from the worst economic crisis since the Great Depression,” Obama said in a statement late Thursday. “Paul Volcker is not only one of the wisest economic minds in our country, he’s an individual who has for decades fought for policies that help American families and strengthen our economy.”
“I have valued his friendship and skill over the years, and I will rely on his counsel for years to come,” Obama said.

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January 20, 2011 · Filed Under economy


Comments

  • WAGNERGIRLE

    I want to know what Obummer means when he says “and I will rely on his counsel for years to come,”

    Truly a scary, scary thought!!