CaptD

General Electric: Genuine Risk of Collapse?

Thanks for a well written post!

General Electric: Genuine Risk of Collapse?

Ge is also a MAJOR military supplier for the USA; for that reason alone It is and will continue to get special treatment...

It seems Bush is putting the finishing touches on his good bye presents for the US & the World... Big oil/Foreign Oil is now positioned to buy up Corp. America (including GE) and Obama will have MANY MORE problems to deal with as Bush's in-action is driving the US/World into MAJOR economic collapse, BYE GEORGE!.

Consider what will happen if we begin to reduce our oil dependency, what then will happen to Big Oil? The answer is that they will have INCREASED earnings having bought all the major suppliers of energy and any other segments of America's industry that look promising for "pennies" on the dollar, having just earned record MEGA profits!

Unless Obama gets Bush to stand up and ask for joint effort now, OUR economy will continue to go downward faster and faster fueled by international foreign Oil fueled shorting.

Would Obama have the votes to nationalize the Big Oil companies for the "good" of the US?

History may note that Bush's final gift to America was another WW I (Worldwide Woes) or EWW 1 (Economic World War One) that will make it MUCH harder for Obama to change as many things as he indicated during his election speeches. Then in four years of desperate times globally, the Rep.'s will say that he did not keep his promises to the American people, the campaign to be funded by Big Oil (and it's investors) which finally controls most of the industrial might of America!

Earnings Preview: General Electric

GE is under attack from the GLOBAL shorts (Oil $) and as a MAJOR US Defense contractor it is just one of the most visible companies in what I am now calling the (FIRST) ECOMONIC WORLD WAR or EWW 1. Get ready to discover many straGEtic US companies that are getting ripe for foreign takeover UNLESS SHORT TRADING IS HALTED ASAP BY THE SEC, LIKE YESTERDAY. Imagine if Boeing was owned by Iran or China or Russia!