It is not a pretty sight to watch ALL of the commentators on CNBC try to put a sweet face on the pig WHENEVER GE misses earnings, reduces its dividend or has any other type of negative news regarding the parent company, GE. These people almost ought to recuse themselves from reporting on it due to their obvious conflict of interest and their discomfort on TV when reporting it !! I mean what the hell is Jeff Immelt or Jack Welsh going to do them, fire them for reporting accurately on GE ????????
Were it a competitor of GE who had an issue, they would be all over them like the kitchen sink !!!
As well if the govt. is going to run up deficits as it is doing, why not bail out main st. the way they bailed out wall st ?? I make less than $ 250,000 per year and as such believe I might get a tax refund under Obama's PLan, but you can bet if I did, I wouldn't spend it, rather it would go into savings or debt pay down immediately, just like the last one did !!!
Democrats have arguably been the party of spenders BUT Robert Rubin under Clinton not only balanced the budget but left that SOB "W" a big budget surplus, which he has promptly pissed away !! No one in the GOP should utter a (Fking) word about budget deficits after this Administration, as no one in it has ever put their money where their mouth is on economic issues, but rather dawdled until such a time as we were in a near depression and then attempted to turn out all stops in trying to make order out of the chaos they created !!!
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It is not a pretty sight to watch ALL of the commentators on CNBC try to put a sweet face on the pig WHENEVER GE misses earnings, reduces its dividend or has any other type of negative news regarding the parent company, GE. These people almost ought to recuse themselves from reporting on it due to their obvious conflict of interest and their discomfort on TV when reporting it !! I mean what the hell is Jeff Immelt or Jack Welsh going to do them, fire them for reporting accurately on GE ????????
Oct 13 15:08 pm
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All Comments by pel »CNBC's Gasparino Problem [View article]
Were it a competitor of GE who had an issue, they would be all over them like the kitchen sink !!!
As well if the govt. is going to run up deficits as it is doing, why not bail out main st. the way they bailed out wall st ?? I make less than $ 250,000 per year and as such believe I might get a tax refund under Obama's PLan, but you can bet if I did, I wouldn't spend it, rather it would go into savings or debt pay down immediately, just like the last one did !!!
Democrats have arguably been the party of spenders BUT Robert Rubin under Clinton not only balanced the budget but left that SOB "W" a big budget surplus, which he has promptly pissed away !! No one in the GOP should utter a (Fking) word about budget deficits after this Administration, as no one in it has ever put their money where their mouth is on economic issues, but rather dawdled until such a time as we were in a near depression and then attempted to turn out all stops in trying to make order out of the chaos they created !!!