Friday, September 18, 2009

Putin to meet with GE--what a surprise

"Reuters reports an interesting" aspect " in the wake of President Barack Obama's decision to grant Vladimir Putin his wish and kill the Eastern European missile shield:

Shortly after the pullback on the shield programme was announced, Russia's government said Prime Minister Vladimir

Putin would meet several U.S. executives on Friday from firms including

General Electric, Morgan Stanley as well as TPG, one of the world's largest private equity firms

General Electric may be the company with the closest ties to the Obama administration

  • (if not, GE is second only to Goldman Sachs), and here we see the company benefiting from an
  • abrupt foreign policy change made by President Obama. But GE isn't the only company benefiting. Reuters paints the broader picture:

"U.S. companies have arguably lost out to some European companies in joint ventures, and better diplomacy will likely improve the chances for investors in the strategic sectors of the Russian economy," said Carlo Gallo, senior Russia analyst at London-based consultancy Control Risks.

GE CEO Jeff Immelt sits on Obama's Economic Recovery Advisory Board, and GE owns MSNBC, the network famously friendly to Obama." "Obama Helps Strengthen General Electric-Putin Ties," 9/17/09, Washington Examiner, by Timothy P. Carney

  • It's not so much to do with Obama. It's about those who put him in power--that's how politics works. Being against Obama's policies is really about being against Immelt and Soros. And Goldman Sachs. For those who like to talk about Bush, I'd say his policies were more about pleasing Saudi Arabia, Goldman Sachs, Communist China, and certain companies who have robbed us blind and continue to rob us blind doing business in Iraq and Afghanistan. While we're focused on Obama making the US into a third world nation, he's busy giving what's left of it to the greedy money changers who put him in power.

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