Stephan: Finally the truth SR readers have been hearing for years is beginning to be confirmed elsewhere. This is why nothing has been done about jobs. As this report makes clear, 'Unfortunately for America's workers, men like President Obama put their faith and trust in people like Jeff Immelt. And CEO's like Jeff Immelt admittedly pledge their loyalties not to their country or their countrymen, but instead to maximizing profits for their corporate shareholders. If higher profits come at the price of devastating their country, so be it.'
BEIJING — Workers are celebrating in the streets and thanking America’s Jobs Czar for moving so many high-paying, high tech jobs to their communities today. The only problem is, they are Chinese workers throughout China. Jeff Immelt is not only President Obama’s Jobs Czar, he is also the CEO of General Electric. In addition to being the parent company all the NBC family of broadcasting networks, GE is also one of the largest military contractors in the US.
In 2008, GE CEO Jeff Immelt called China the company’s ‘second home market