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    Senior Member AirborneSapper7's Avatar
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    GE Stabs the US in the Back

    Jeffrey Immelt, GE epitomizes how federal policies, cronyism, and rent seeking is destroying America from within

    GE Stabs the US in the Back


    - Alan Caruba
    Friday, August 26, 2011

    In 1876 Thomas Alva Edison opened a laboratory in Menlo Park, New Jersey, for the purposes of exploring how to produce and distribute electricity. History records that he invented the incandescent electric light bulb there. By 1890, he had established the Edison General Electric Company, now know simply as GE.

    In 2011, Jeffrey Immelt, the CEO of GE and the chairman of President Obama’s “Jobs Councilâ€
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    Senior Member AirborneSapper7's Avatar
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    You light up my life: The motive behind the bulb ban was money: Incandescents have a low profit margin

    Shipping jobs to China to produce costly light bulbs most people don’t want


    By Amy Ridenour
    Friday, August 26, 2011

    WASHINGTON, D.C. — When General Electric blamed “a variety of energy regulations that establish lighting efficiency standardsâ€
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