<http://scottystarnes.wordpress.com/author/scottystarnes/> Obama Administration Gave General Electric—Parent Company of NBC--$24.9 Million in ‘Stimulus’ Grants <http://scottystarnes.wordpress.com/2010/10/11/obama-administration-gave-general-electric%e2%80%94parent-company-of-nbc-24-9-million-in-%e2%80%98stimulus%e2%80%99-grants/> *Scotty Starnes <http://scottystarnes.wordpress.com/author/scottystarnes/>*| October 11, 2010 at 5:48 PM | Tags: Barack Obama <http://scottystarnes.wordpress.com/tag/barack-obama/>, GE<http://scottystarnes.wordpress.com/tag/ge/>, General Electic <http://scottystarnes.wordpress.com/tag/general-electic/>, Jeff Immelt <http://scottystarnes.wordpress.com/tag/jeff-immelt/>, NBC<http://scottystarnes.wordpress.com/tag/nbc/>, Obama <http://scottystarnes.wordpress.com/tag/obama/>, President Obama<http://scottystarnes.wordpress.com/tag/president-obama/>, propaganda arm <http://scottystarnes.wordpress.com/tag/propaganda-arm/>, recovery.gov <http://scottystarnes.wordpress.com/tag/recovery-gov/>, stimulus cash <http://scottystarnes.wordpress.com/tag/stimulus-cash/>, stimulus grants <http://scottystarnes.wordpress.com/tag/stimulus-grants/>, tax dollars <http://scottystarnes.wordpress.com/tag/tax-dollars/> | Categories: Uncategorized <http://scottystarnes.wordpress.com/category/uncategorized/> | URL: http://wp.me/pvnFC-32r
It truly does pay to be the propaganda arm of the Obama administration. No conflict of interest since the CEO of GE, Jeff Immelt, sits as a Obama economic adviser. Nothing to see here folks. Move along. CNSNews.com <http://www.cnsnews.com/news/article/obama-administration-gave-general-electr> reports: *The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.* Despite getting $24.9 million from U.S. taxpayers, GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report. Yes, GE shut down a light-buld factory and shipped the jobs overseas and to Mexico. Your tax dollars are working to ship jobs out of America. According to Standard & Poor's, GE took in $156 billion in revenue in 2009. *GE was the primary recipient of 14 stimulus grants, a spokeswoman for Recovery.gov confirmed to CNSNews.com. These 14 grants provided GE with $24.9 million in tax dollars. On four additional stimulus grants, the primary recipient of the federal money hired GE as a contractor. Recovery.gov is the administration’s website that tracks stimulus expenditures.* At the end of 2008, GE employed 152,000 U.S. workers, according to its 2009 annual report. But at the end of 2009, according to the report, it employed only 134,000 U.S. workers, a decline of 18,000 workers. The Energy Department provided GE with 9 stimulus grants, the Department of Health and Human Services provided the company with 3, and the Justice Department and the Commerce Department each gave the company 1 stimulus grant. All of these federal stimulus grants went to GE’s Global Research Center. The earliest of the stimulus grants went to GE in July 2009 and the latest in April 2010. CNSNews.com asked a GE spokesperson if the company contested Recovery.gov’s representation that GE had received 14 stimulus grants worth $24.9 million, and also whether the company now employed more or fewer workers as a result of receiving the grants. In an e-mail response, GE spokeswoman Anne Eisele said, “I’m afraid I must politely decline to comment.” Add a comment to this post<http://scottystarnes.wordpress.com/2010/10/11/obama-administration-gave-general-electric%e2%80%94parent-company-of-nbc-24-9-million-in-%e2%80%98stimulus%e2%80%99-grants/#respond> <http://feeds.wordpress.com/1.0/gocomments/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/godelicious/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/gofacebook/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/gotwitter/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/gostumble/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/godigg/scottystarnes.wordpress.com/11683/> <http://feeds.wordpress.com/1.0/goreddit/scottystarnes.wordpress.com/11683/> [image: WordPress] WordPress.com <http://wordpress.com/> | Thanks for flying with WordPress! Manage Subscriptions<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com>| Unsubscribe<http://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315d&email=baconlard%40gmail.com&b=ujip-nXL%3Fn%26Pct-vBflpVWsS98Iyf8%5Dty%3FzWq%3D_q%2F>| Express yourself. Start a blog. <http://wordpress.com/signup/?ref=email> *Trouble clicking? Copy and paste this URL into your browser:* http://subscribe.wordpress.com -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
