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GE Will No Longer Design Projects
to Please Climate Change Advocates

Breitbart´s Big Government, by William Bigelow

Original Article

Posted By:KarenJ1, 2/21/2014 8:45:15 PM

In a watershed moment and a huge victory over environmentalists, General Electric has agreed to stop projects that are designed solely for the purpose of carbon dioxide reductions to please those who lobby for climate change concessions. The National Center for Public Policy Research, a non-partisan, free-market, independent conservative think-tank which has been fighting GE for years because of GE’s liberal bias under CEO Jeffrey Immelt, scored a huge victory after receiving the commitment from General Electric. Late in 2013, the National Center submitted a shareholder proposal as part of GE´s 2014 proxy statement and annual meeting materials. The proposal: ...request[ed] that the

Comments:
Wow. This is really a hugh change for GE. How soon before Immelt gets a call from 0bama for this huge change in policy?

      


Post Reply  

Reply 1 - Posted by: ruready?, 2/21/2014 8:50:15 PM     (No. 9741759)

His butt is on the line.

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Reply 2 - Posted by: KTWO, 2/21/2014 9:05:13 PM     (No. 9741773)

Nice. But watch GE and don´t expect them to change because of words in some legal agreement or even what stockholders want.




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Reply 3 - Posted by: Grampstosix, 2/21/2014 9:11:01 PM     (No. 9741779)

What took so long?

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Reply 4 - Posted by: Bur Oak, 2/21/2014 9:21:14 PM     (No. 9741790)

Trust but verify.

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Reply 5 - Posted by: steph_gray, 2/21/2014 9:30:11 PM     (No. 9741801)

This has been an exciting week for sanity. I hear the sound of a very big worm turning.

I also hope a certain moonbat with whom I had a screaming fight about this issue last year is daily bombarded by Charles K, the WSJ, and now GE. Ha!

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Reply 6 - Posted by: kate318, 2/21/2014 9:39:35 PM     (No. 9741811)

From your lips to God´s ears, #5.

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Reply 7 - Posted by: nimby, 2/21/2014 10:54:56 PM     (No. 9741880)

Immelt has always been a sorry excuse for a CEO. He is looking at his ownretirement now that thia presidency is done!

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Reply 8 - Posted by: The Advocate, 2/21/2014 11:15:06 PM     (No. 9741888)

Imhelt sees himself as Obamas Albert Speer.
GE deserves better.
Boycott GE until Imhelt is fired.
Stopping global warming fraud and carbon credit scam is a good way to start.

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Reply 9 - Posted by: Ret.TxLeo, 2/21/2014 11:22:42 PM     (No. 9741892)

Cough cough cough bullbutter cough cough cough.

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Reply 10 - Posted by: smcchk, 2/22/2014 12:26:29 AM     (No. 9741916)

Profit motive scores!

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Reply 11 - Posted by: Lucky4, 2/22/2014 1:35:08 AM     (No. 9741926)

It has to start somewhere. This climate change monster is like the freaking titanic now.

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Reply 12 - Posted by: pineledger, 2/22/2014 6:53:56 AM     (No. 9741996)

Immelt needs to go, no matter how he tries to save his skin.

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Reply 13 - Posted by: Janjan, 2/22/2014 7:06:38 AM     (No. 9742000)

Corporations exist to create shareholder value, not to creat social experiments at the behest of some Marxist idiot in the WH. If Obama wants to run GE then let him put his own money where his mouth is.

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Reply 14 - Posted by: Starlady, 2/22/2014 7:13:40 AM     (No. 9742007)

I have avoided buying anything GE for years. So have many other Americans. I guess it is having an effect on GE´s bottom line. I can´t see myself ever going back to GE products, maybe if they hired a conservative, global warming denier as a CEO I would.

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Reply 15 - Posted by: Rinktum, 2/22/2014 8:06:00 AM     (No. 9742058)

Yep, #14. We don´t buy GE either. Crony capitalism is feeding government corruption. It is government by and for the biggest donors. What I don´t understand is why these guys at the top of these corporations who are supposed to be so darn smart fall for junk science whose data has proven to be doctored. Hey, big shot. Think for yourself. This is not high school. Approval of ones peers is not the be all and end all. Show some courage and maturity. Just because Obama says the science is settled does not make it so. Educate yourself. Don´t be a lemming.

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Reply 16 - Posted by: LouD, 2/22/2014 8:11:50 AM     (No. 9742071)

Haven´t bought GE for years, and don´t intend to. Also won´t buy any Government Motors or Chrysler vehicles, either. It may not be much, but I do what I can to protest this administration and its followers/flunkies.

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Reply 17 - Posted by: jofel, 2/22/2014 8:14:18 AM     (No. 9742075)

#14 & 15 We too are boycotting anything GE. We recently upgraded our old high energy refrigerator and freezer and the new lower energy appliances are NOT GE.

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Reply 18 - Posted by: stablemoney, 2/22/2014 8:14:40 AM     (No. 9742076)

Really? I don´t think I believe Immelt, whatever is said.

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Reply 19 - Posted by: trapper, 2/22/2014 8:16:41 AM     (No. 9742080)

GE, that guy who owns the shirt company, and other big money guys saw the handwriting on the wall and placed huge bets on American socialism (read "crony capitalism") and all the associated crackpot causes. They´re not stupid, and all have extremely acute financial survival instincts. With Obamacare crumbling, it seems those same instincts are now telling some of them that it´s time to begin unwinding those positions.

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Reply 20 - Posted by: Daisymay, 2/22/2014 8:19:46 AM     (No. 9742084)

I guess there a lot of folks out there like me who refuse to buy GE products (especially their light bulbs). I refused to buy a new, energy efficient washer that only filled the machine with 1/4 of the washer capacity. I bought the old fashioned kind that still fills to MY needs and still has a agitator in the center. I refuse to give in to the energy efficient crowd ideas that do not meet MY expectations on cleanliness. I also refuse to try to read by the light of their nasty blue light squiggly bulbs! I guess time will tell if the young generation will go along on these things, but my generation isn´t likely to roll over and let the Immelts of the world stomp on us!

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Reply 21 - Posted by: Mobyclik, 2/22/2014 8:33:08 AM     (No. 9742096)

You mean THIS Jeffrey Immelt?

´´The one thing that actually works, state run communism a bit– may not be your cup of tea, but their government works."

http://www.weeklystandard.com/blogs/immelt-communist-china-works_665280.html

And there´s this:

http://theeconomiccollapseblog.com/archives/ge-ceo-jeffrey-immelt-the-head-of-obamas-jobs-council-is-moving-jobs-and-economic-infrastructure-to-china-at-a-blistering-pace

Thousands of lost jobs here, billions spent in Communist China, all while he was the Head of obamas Jobs Council.



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Reply 22 - Posted by: PoliticalJunky, 2/22/2014 8:46:24 AM     (No. 9742112)

I have a soft spot in my heart for GE, once a great company. Since the 1930´s down to recent years five members of my family have worked for GE. Four retired early and well to do. One worked longer and frittered it away. I hope the company turns itself around.

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Reply 23 - Posted by: Udanja99, 2/22/2014 8:50:04 AM     (No. 9742120)

Does this mean thar GE will have to start paying taxes?

No GE in my home for almost a decade.

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Reply 24 - Posted by: jeffkinnh, 2/22/2014 8:54:46 AM     (No. 9742124)

The important thing here is that a major corporation has decided that they can safely turn away from Climate Change orthodoxy. The Alarmists and their supporters are so weak that cannot force people to comply any longer.

In reality, this was an easy decision for GE to make. The officers of public companies are required, by law, to protect and develop shareholder equity, i.e. maximize income for shareholders. Everything else is secondary.

All GE did is say it would comply with its corporate fiduciary duty. It did close the backdoor to Immelt´s games. But the biggest thing is that it said that reason and law will be respected over unsubstantiated panic and PC. That´s a sea change.

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Reply 25 - Posted by: EnsignOToole, 2/22/2014 8:58:44 AM     (No. 9742130)

At my house, we don´t even consider purchasing anything made by GE.

This whole Climate Change scare is exactly that - a scare tactic. First it was global warming, but Mother Nature didn´t cooperate with that crowd, and now she has produced some of the coldest weather in years. The Great Lakes are completely frozen over as well as the Straits of Mackinac. One could walk over to Mackinac Island if they wanted to brave the cold.

The global warming crowd have been embarrassed over the last decade by some very cold weather. Since the public wasn´t buying it, they changed the name to climate change hoping that enough lo-fos will buy into it. Of course natural events like gravitational pull, sun spots, shifting trade winds, etc are too complex for many people to understand; thus, climate change (which it does all the time regardless of how many people there are) seemed just the right ruse.

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Reply 26 - Posted by: mc squared, 2/22/2014 9:21:59 AM     (No. 9742159)

Immelt must have been taken to the woodshed by investors so he threw them a bone. Nothing will change.

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Reply 27 - Posted by: jpinpa, 2/22/2014 9:33:14 AM     (No. 9742171)

It sure is comforting to see that so many are in step with a long-standing GE boycott, as are we. Maybe it´s finally working?? Now, how do we stop all of this global warming/climate change baloney? Even Fox News seems to tread very lightly here.

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Reply 28 - Posted by: Ida Lou Pino, 2/22/2014 9:55:13 AM     (No. 9742198)

What has happened at GE is a perfect analogy for what has happened to our country.

GE went from having the great patriot and freedom-lover - - Ronald Reagan - - as its spokesman - - to commie-loving, 0bama-suckup Jeff Immelt.

If they boot Immelt - - that will be a refreshing sign that progress is still GE´s most important product.

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Reply 29 - Posted by: Arby, 2/22/2014 10:13:33 AM     (No. 9742219)

Immelt gets socked with a huge dose of reality. Will he hobble to the phone and apologize to Fauxbama? No more cash from Uncle Sugar.

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Reply 30 - Posted by: starboard, 2/22/2014 10:32:31 AM     (No. 9742234)

This is a start and a sign. I´m sure Immelt has had pressure from GE shareholders to trim the fat and the obvious place to start would be with ridiculous climate control.

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Reply 31 - Posted by: uno, 2/22/2014 10:34:08 AM     (No. 9742237)

We´ll see how long this lasts when GE finally has to start paying taxes...

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Reply 32 - Posted by: nevernaught, 2/22/2014 11:20:55 AM     (No. 9742291)

I´m boycotting so many companies and organizations right now that once and awhile I have to look at my list to refresh my memory.

As another poster said ´trust but verify´.

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Reply 33 - Posted by: jglas, 2/22/2014 11:32:46 AM     (No. 9742315)

What a slap in the face to the global warming crowd when one of the president´s most favorite crony capitalists rejects their agenda. They have to take that as an indication that they´re being moved down the line behind other advocacy groups like illegal aliens, unions, gays, blacks, other minorities, abortion advocates and maybe even gun control advocates. I mean, crony capitalists don´t make such moves without permission.

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Reply 34 - Posted by: peterfleming, 2/22/2014 11:55:19 AM     (No. 9742341)

To be truthful, it´s fascism, not crony capitalism.

Corporate power, making privileged, lobbied, Congress bribed deals, in exchange for Congress also gaining more power over all business, is by classic definition,
FASCISM. Legendary economists Von Mises and Hayek, described this phenomena years ago, showing it
first in Mussolini´s Italian dictatorship in the 1920´s, and then in Hitler´s German socialist dictatorship in the 1940´s. Our President, Franklin D Roosevelt, admired the absolute power that fascism provided to these two dictators, so he started his own fascist power trip in the depression. That´s how corporate, Congress bribed mad power got its start in America, and believe it, once
any business, large or small, lobbies for special privileges available to nobody else, IT IS NO LONGER
CAPITALISM, crony or otherwise.

Capitalism, in honest practice, is still open, free market exchange in an open market place, still the mechanism that works beat and made the biggest, best parts of America the best country in the world.

Silicon Valley, the pride of America and the world, is the perfect example of an industry that did not go to Washington for exotic, special favors! In fact, these computer geniuses have IGNORED THE FASCIST SEEKING CONGRESS IN WASHINGTON ! And have built the most amazing business in modern history !

Capitalism WORKS ! Fascism succeeds, but it always creates imbalance and

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Reply 35 - Posted by: Rumblehog, 2/22/2014 11:56:41 AM     (No. 9742344)

This was all in the cards for GE.

During the first Oblamo administration Jeff Immelt was a lap dog for Obama and played along with all the "green" non-sense, even running commercials showing how they love Mother Nature. They sided with the administration that oil and gas were BAD. They showcased their bird chopper business (wind energy) and other idiotic "green" ventures, while petroleum stocks were getting hammered through fear of regulation by the Fed b-tards. Yet, while all that was going on, GE went on a buying spree for anything petroleum. They bought up a huge operation (Hydrill) in Houston and some other things when the prices were low. Now we find out they´re "bullish" on petroleum! Cue up the Gomer Pyle...

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Reply 36 - Posted by: peterfleming, 2/22/2014 11:58:55 AM     (No. 9742347)

....................and harmful DISTORTIONS in the market.

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Reply 37 - Posted by: Butch59, 2/22/2014 12:31:53 PM     (No. 9742401)

Count me as one that doesn´t own any GE products either. But just a word of caution. If you are going to stay clear of GE products, make sure that you avoid other names that are made by GE. I think that Hotpoint is made by GE. So, just do your homework.

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Reply 38 - Posted by: SouthTxRat, 2/22/2014 1:07:12 PM     (No. 9742443)

I´ll believe it whenever GE stops buying those Electric Vehicles for their company cars.

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Reply 39 - Posted by: Aubreyesque, 2/22/2014 2:38:53 PM     (No. 9742523)

Would also like to warn against any GE credit as well...we´ve had some rather nasty dealings with them concerning payments to an account we opened with them. They have worked with a lot of retail business to fund credit card sales.

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Reply 40 - Posted by: RedWhiteBlue, 2/22/2014 4:07:37 PM     (No. 9742577)

No trust here. They´ve been wallowing in the dirt and filthy for too long to all of a sudden turn. This will not make be buy GE anything for a long time. I won´t even buy their lousy lightbulbs or do business with stores that sell them!!!! That how I roll.

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Reply 41 - Posted by: ScarletPimpernel, 2/22/2014 4:18:42 PM     (No. 9742586)

Amen, #20! I couldn´t have said it better.

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Reply 42 - Posted by: danvillebill, 2/22/2014 5:41:14 PM     (No. 9742625)

With all due respect to #23, I quit buying GE consumer goods long before the BoD pulled CEO Immelt out of an Ayn Rand novel for the simplest of reasons: they made crappy products.

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Reply 43 - Posted by: cat2, 2/22/2014 6:01:06 PM     (No. 9742648)

Does this mean we can have our incandescent light bulbs back, and the people who made them can have their jobs back? Yeah, right.

Some of you may remember the civil rights song that begins: O-oh freedom, oh freedom, oh freedom over me. . . .
I´ve been humming it a lot lately

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Reply 44 - Posted by: barbara joy, 2/22/2014 6:26:15 PM     (No. 9742666)

Recently built a house which came with top of the line GE appliances. Dishwasher wasn´t cleaning dishes so had a repairman out. He has been working for GE 20+ years.
He explained the cause - GE was now making
the dishwasher with shorter cycles - wash, rinse, dry and not heating the water nearly as much. Also he said the ingredient in the
detergent which cleaned dishes had been removed. Said all of the above were to please environmental groups and solution was to buy a separate product to add to the regular detergent, run the hot water for a long time before turning on and then hope for the best because most people were still not happy with the results.

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Reply 45 - Posted by: Ida lil, 2/22/2014 7:10:55 PM     (No. 9742698)

Boycots don´t mean much when a company falls into bed with foreign interests.
The board meetings hint that anti-immelt-anti OBAMA board members finally collected enough small investor´s proxys to hand the CEO his backside.
Or GE is so deep with China they are not afraid they will have to pay billions in suddenly discovered unpaid taxes.
It could also mean GE may see the fall of Obe coming before 2016 and are bailing out now.

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50 replie(s)
Washington Post, by Soroya Nadia McDonald    Original Article
Posted By: MissMolly- 4/18/2014 5:02:40 AM     Post Reply
After presenting at the Academy Awards this year, Kim Novak didn’t want to leave her house. The Hitchcock screen siren, 81, was too humiliated to venture from her home near the Rogue River in Oregon. She read the cruel posts and Internet snark about her appearance, and it was just too much. “It got to me like it gets kids and teenagers,” she told the Associated Press. The “Vertigo” actress, considered one of the great beauties in her day, posted a note on her Facebook wall Thursday, acknowledging that she’d gotten fat injections in her face and addressing her halted

Analysis: Obama Celebrates
Eight Million ´Enrollments,´
Again Declares Debate ´Over´

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Townhall, by Guy Benson    Original Article
Posted By: KarenJ1- 4/17/2014 8:56:28 PM     Post Reply
President Obama addressed the White House press corps today, announcing that with the final numbers in, Obamacare´s exchanges have attracted eight million sign-ups -- 35 percent of whom are "under the age of 35," he said. Several elements of his comments were misleading: (1) At first blush, the 35 percent stat is both significant and impressive. As recently as last month, the share of "young invincibles" signing up for plans was struggling in the 25 percent range, far short of the actuarial target of nearly 40 percent. A leap into the mid-30´s, while still shy of the goal, would constitute a major step, and would bode well for the risk pools'

Students Demand Acknowledgement of
Robert E. Lee´s ´Racist and Dishonorable Conduct´

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Breitbart´s Big Government, by AWR Hawkins    Original Article
Posted By: Desert Fox- 4/18/2014 12:35:28 PM     Post Reply
A group of seven multiracial Washington and Lee University (W&L) students are demanding the school remove all Confederate flags from campus and "acknowledge" General Robert E. Lee´s "dishonorable side." According to the Roanoke Times, "seven multiracial students, calling themselves ´The Committee,´" have also demanded the school "acknowledge and apologize for participating in chattel slavery." They want recognition of "Martin Luther King Jr. Day on the undergraduate campus" and an end to "neo-Confederates" marching across campus "to the Lee Chapel on Lee-Jackson Day." The students say they will "engage in civil disobedience" if their demands are not met by September 1st. They added: "The

The Folly Of The Bundy Ranch Rebellion
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The Federalist, by Grace Olmstead    Original Article
Posted By: Pluperfect- 4/18/2014 4:21:46 AM     Post Reply
It’s the stuff of Westerns: a showdown on the desert plains, the big bad government against an underdog farmer. Though the story has only grabbed national headlines in the past several days, rancher Cliven Bundy has illegally grazed cattle on the Nevada land surrounding his farm for over 20 years. He hasn’t paid grazing fees since 1993, and refuses to renew the necessary grazing permit.(Snip)Rather than using the avenues and pathways presented to him, Bundy has staunchly declared his own law and allegiances. Unfortunately, reality doesn’t work this way. If only it did—we could rebel for paying stupid taxes, refuse to

Michelle Obama Riverdances
Through Dublin to the Tune
of $7,921,638

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Breitbart Big Peace, by Tom Fitton    Original Article
Posted By: JoniTx- 4/17/2014 6:45:16 AM     Post Reply
When it comes to tracking the cost of Obama family vacations, there are two primary challenges. First, the Obamas are prolific jet-setters, so there are many details to track. Second, the Obama administration, clearly embarrassed by these lavish and frequent family vacations, stonewalls the release of records at every turn. But we have been relentless in pursuit of this information. Our attorneys file the lawsuits and make our case, and our investigators pour through pages of records and crunch the numbers. And the information we’ve uncovered – information that would otherwise remain under lock and key – shows that the

Pelosi assists in Holy Week
foot-washing ritual

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San Francisco Chronicle, by Staff    Original Article
Posted By: Harlowe- 4/18/2014 11:46:54 AM     Post Reply
To "honor the dignity and work of immigrants," Democratic House Minority Leader Nancy Pelosi helps Bishop Marc Andrus wash the feet of two children Thursday at Saint John the Evangelist Episcopal Church in San Francisco. Pelosi also used the occasion to talk about passing HR15 - bipartisan immigration legislation that her office says would "reduce the deficit by nearly $1 trillion, secure our borders, unite our families, protect our workers and provide an earned pathway to citizenship." The Democratic leader´s ceremony coincides with Pope Francis´ similar ceremony in Rome to mark Holy Week.

Deadbeat on the Range
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New York Times, by Timothy Eagan    Original Article
Posted By: Pluperfect- 4/18/2014 3:52:52 PM     Post Reply
Imagine a vendor on the National Mall, selling burgers and dogs, who hasn’t paid his rent in 20 years. He refuses to recognize his landlord, the National Park Service, as a legitimate authority. Every court has ruled against him, and fines have piled up. What’s more, the effluents from his food cart are having a detrimental effect on the spring grass in the capital. Would an armed posse come to his defense, aiming their guns at the park police? Would the lawbreaker get prime airtime on Fox News, breathless updates in the Drudge Report, a sympathetic ear from Tea Party Republicans?

Illinois Dems to offer $100 million in
taxpayer money to lure Obama library site

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Investor´s Business Daily, by Andrew Malcolm    Original Article
Posted By: SurferLad- 4/18/2014 9:15:50 AM     Post Reply
First, the good news: We are close enough to the end of the Obama presidency for his crowd to talk about a presidential library. Now, the bad news: Obama´s retirement is still 1,008 days distant. Plenty of time though to round up the dough to build it somewhere. Figure they need Solyndra-style money, at least $500 million. The last two presidents – Bill Clinton and George W. Bush -- built their legacy edifices totally with private money. [Snip] However, Obama supporters have a different take. They think taxpayers should put up $100 million in public money for Obama´s library.

Every Media Outlet: Hillary
Grandkid the Most Consequential
Baby Since Jesus

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Mediaite, by Tina Nguyen    Original Article
Posted By: JoniTx- 4/18/2014 10:34:40 AM     Post Reply
Less than 16 hours after Chelsea Clinton announced she was pregnant, a lot of major news outlets started staring into the crystal ball of Chelsea’s womb, wondering what this currently floating zygotic multicellular being meant for the prospects of Hillary Clinton’s 2016 campaign, which is also a floating, zygotic, multicellular being. Their answer: The immaculately conceived Clinton child could mean everything. And no, it’s not just the fact that having a grandchild could be personally fulfilling to Hillary and Bill (mazel tov, by the way), or that a cute baby would be a sweet cherry on top of Hillary’s already

Glen Campbell has been
moved into a facility

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People Magazine, by Gilliam Telling    Original Article
Posted By: Hazymac- 4/17/2014 6:58:48 PM     Post Reply
Glen Campbell has been suffering from Alzheimer´s for over three years, but the Grammy-winning singer, 78, has recently moved into a facility, PEOPLE has confirmed. "He was moved to an Alzhemier´s facility last week," says a family friend. "I´m not sure what the permanent plan is for him yet. We´ll know more next week." The "Rhinestone Cowboy" crooner first opened up about having Alzheimer´s to PEOPLE in an exclusive 2011 interview. Campbell and his fourth wife, Kim Woolen, decided to go public with the news because Campbell hoped to embark on a final farewell live tour. The couple wanted his

Even Hillary Clinton Isn’t Sure What
We Should Like About Hillary Clinton

23 replie(s)
PJ Media, by Stephen Kruiser    Original Article
Posted By: StormCnter- 4/18/2014 4:33:53 AM     Post Reply
The first step is admitting… It was a simple question to someone accustomed to much tougher ones: What was her proudest achievement as secretary of state? But for a moment, Hillary Rodham Clinton, appearing recently before a friendly audience at a women’s forum in Manhattan, seemed flustered.(Snip)So…no definitive successes and some clear-cut failures. And that’s the generous New York Times assessment. The Democrat fantasy story about Mrs. Clinton paints her as strong and accomplished on her own. In reality, this is a woman who is professionally defined almost entirely by two men in her life, both of whom happen to have

Those ‘rogue’ agents
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New York Post, by Editorial    Original Article
Posted By: StormCnter- 4/18/2014 4:37:07 AM     Post Reply
Remember when Lois Lerner, in answering a planted question at an American Bar Association conference, admitted the IRS had targeted conservative groups but tried to pass it off as the work of rogue agents — “our line people in Cincinnati”? Today we know there were indeed federal agents involved. But they weren’t rogue, and they weren’t confined to IRS workers in Cincinnati. Thanks to a Freedom of Information request by Judicial Watch, we now have an e-mail Lerner sent to colleagues noting the Department of Justice was looking into criminal prosecutions of these tax-exempt groups. We know something else, too. These investigations


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