Jack Welch - US 'Cooked' If Deficits Continue to Mount

[loudog53165]

Fuck Neutron Jack. This puss sack came close to killing my city, the city that gave birth to GE.

[MegaFlyingPilot]

America needs but one thing.

A FIRE ALARM.

It needs to be pulled, and we each need to panic and head for the exits, climbing over each other like cockroaches. This solution will ensure that some of us will make it. It works in every other dire situation.

Our situation is dire.

We are unwilling to be humble, repent and plead with God to heal our land.

[RedMarineNex]

What a moron.

[aviomaster]

--  WHy did you borrow this much money , and why did you do this ...

You dumb scum bag imperilist bastards ...

GOD bless Russian Federation and China ,,, they are shining light in this time of USA imperialism where weak and OIL rich countries are blamed for all the sins Capitalists in USA made ... USA fuck OFF ...

[beancube2010]

Big govt is a lie. Small govt is also a lie. What we need is a functional govt which responses to majority of voters and be result oriented. Small businesses represent our democracy, not Wall St. or money bombs. Speculation and money don't represent constructive and consistent efforts.

[beancube2010]

I always have no worry about Obama. I worry who are working around him and shield him from the real strength of United States of America but all these people need is just a short break after they crashed and crooked Wall St with cooking books. The infrastructure must be built beyond these multinational corporations' scams so it won't be choked off by money bombs, credit crunches or investment wars among them.

[apelove4u]

Short GE. It will be gone in 3 years.

[olli81koblenz]

by 2020 the usa is a third world nation, depending on china and other creditors. bush made the first step, obama does the second. and he is made by the same people who helped bush to become president. why are most of the people around obama working for the fed or wallstreet? any suggestions? open your eyes america!

[biggsrr]

Jack Welch for president!!! Neutron Jack will come in and fire hundreds of thousands of useless government employees and return us to prosperity.

[JejuLee]

Welch finally repents! Now hang him!

[sysopkc]

I know how, they did triple that in the 50's. It was called World War II. And growth ECLIPSED anything from the 70's up during that time.

[WestPhillyCat]

great analysis!

[FRTothus]

This talk of the deficit is so much nonsense and distraction. As long as the US is borrowing money, at interest, on every dollar of fiat currency issued by the private bankers of the FED, the US will ALWAYS be in debt. Yet, ignorant Americans will continue to ignore the massive welfare given to the private tyrannies called corporations while they focus on the pittance suggested by some to alleviate poverty, all the while groveling at the feet of the idol of the imaginary 'free market'.

[meccaturbo]

@FRTothus You stupid fuck, it's not just given to private tyrannies...it's given to useless stimulus programs, forgiving of foreign debt, and plenty of socialist leaning welfare programs.

[FRTothus]

@meccaturbo Consider yourself among the rude and ignorant. America is chock full of people like you.

[meccaturbo]

@FRTothus You're nothing more than a petulant narrow minded fool, with no knowlege of the workings of government. Whine on, you fucking moaner.

[FRTothus]

@meccaturbo Were you beaten as a child? Where does such hatred and loathing for any opinion other than your own come from? I wonder what kind of horrible world you grew up in. You are disrespectful, and your language and comments speak volumes about your poor upbringing. I pity you, and I pity the people who have to put up with your callous disregard for others, your profound self-serving ignorance. Your parents must be so proud of you!

[meccaturbo]

@FRTothus No, but i think you're a child molester. Considering that you were the first to whine about being rude and arrogant, I think it's fair to say you loathe any opinions other than your own. The only person you should pity is yourself, you fucking geriatric whore.

[LesLess]

Jack Welch should own up to the hanky panky at GE while he was there. Most of those spectacular profits that he is famous for during his tenure were at the financial section of GE - a black box of shaky derivitive deals. The same kind of deals that nearly took down the country. He will be long dead before we work our way out of the mess that people like him helped to create.

[ObamaEqualsStupid]

Tell me more about these shaky 'derivitive deals' - it's spelled derivative by the way. It's my educated opinion that there were little if any shaky deals during Welch's time there.  I mean if you consider turning an 82 Billion dollar company into a 650 billion dollar company shaky - then shake the hell out of me.

[sugarpuddin88]

European & American state aid is interlocked into the International Bank of Settlements, which is tied to World Bank, which is tied into the IMF, which is like all things: Tied into Goldman Sachs!

AIG is run by Edley of Goldman Sachs!

All roads lead to: Goldman Sachs!

Why don't sheeple want to be independent of Goldman Sachs & JP Morgan?

Instead their lives are dictated to by a bunch of arbitrage wielding sycophants & sociopathic criminals who profit by destroying the system!

[sugarpuddin88]

Paulson, former CEO of Goldman Sachs & Treasury Sec under Bush, "I never saw the banking industry so strong", is involved in Bear Stears & Lehman Brothers & with Geithner (also of Goldman Sachs) & the privately owned FED Res Bank & other banking oligarchs.

These oligarchs torpedoed pensions to create the new peasant class of indentured servants without medical, retirement or savings, (with the FED tripling money supply in 6 mos inflation is astronomical & wiping out savings)

[sugarpuddin88]

Geithner, who has been wrong about everything for 15 straight years, also former President of the illegal privately owned NY Fed Reserve, convinced Clinton that counterfeit derivatives were a solution & thereby created the Community Reinf Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act

Now the money supply has been tripled over the last 6 months!

[sugarpuddin88]

Gimme a Break!

After the Tax Payer bailed out Merrill Lynch, they turned around and gave their executives 3.6 billion in Christmas Bonuses!

AIG awarded $500 million in bonuses to its executives after accepting a $173 billion government bailout

UBS bank was fined 700 million for tax evasion; then Congress gives them 5 billion free tax payer dollars

102 tril SS & medicare

25 tril TARP & bailouts

53 tril from other trusts

Every single American man, woman & child owes over $600K in FED Gov debt

[VisitingXenoc133]

Gov't should step out of the business, it was all the regulations put there in the first place that also contributed to the failure (so don't call this a failure of free market we never had) by bailing out some failing companies and not letting them die so others can come along simply creates monopolies.

the great depression ended with WW2, not the new deal of FDR, so it doesn't look like any of the stimulus programs will work, and neither will spending trillions, stop wasting money.

[ArgonEva]

ww2 ended the great depression because it forced the government to spend LOTS OF MONEY. so the thinking behind the new deal was right, but the scale was too small.

[sysopkc]

Thats so incorrect its shocking to me that its posted. The new deal was a disaster, the historical evidence is overwhelming.