Community | November 19, 2010 | 0 comments

Obama's Halliburton

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TomTucker
There have been volumes written about the George W. Bush/Dick Cheney presidency and its connection with energy company Halliburton.

You may know Halliburton from such events as laying the bad cement which may have caused the BP oil well blowout that sent record amounts of crude oil into the Gulf of Mexico.

It is no secret that former Vice President Dick Chaney was the CEO of Halliburton Co. from 1996 to 1998, and again in 2000. During that time, Halliburton moved from number 73 to 18 on the list of the Pentagon's top contractors.

Nor is it news that people with connections in government peddle influence and make deals.

Quid pro quo is the Washington way.

Never bring a knife to a gunfight when you can bring a subcontractor.

President George W. Bush was in office from January 20, 2001, to January 20, 2009. If you had invested in his pet stock over those eight years, you would have a made 785% return on your money.

Now, I'm not here to change the world. As an investor, I really don't care about the long list of graft, corruption, and government waste attributed to Halliburton over the years...

I live in the real world, and I want to make money.

MAKE WASHINGTON PAY

Forget about the past. As investors, we want to know the safe, sure, and easy way to make almost eight hundred percent off the graft, corruption, and bribery of the current administration...

Meet Jeffrey Immelt, CEO of General Electric Company (GE), the second largest company in the world.

I first really became aware of Mr. Immelt in the run-up to the 2008 presidential election. He was on one of those PBS talk shows like Charlie Rose, singing the praises of the future Obama presidency.

My first thought was, why would a major business player want to go along with the anti-business agenda of Obama?

But then Mr. Immelt said, “I look at things like energy security, renewable energy... Both of them are good for GE."

It was at that point I realized GE capital was in a world of hurt and needed a bailout. Futhermore, GE makes a lot of health care technology...

The more I thought about it, the more I realized that GE and Obama were Siamese twins. GE had its thumbs in wind turbines, medical equipment, nuclear, water, power storage, charging stations for EVs, and a whole host of government subsidized green technologies.

Since 2005, GE has created and run a PR and advertising campaign called "Ecomagination." Immelt recently said of this initiative: "Ecomagination is GE's commitment to address challenges such as the need for cleaner, more efficient sources of energy, reduced emissions and abundant sources of clean water."

MSNBC PROPAGANDA

GE also owns NBC, which in turn owns a ton of cable networks — including MSNBC. That's the one where Chris Matthews was famously quoted as saying “I felt a thrill going up my leg as Obama spoke.”

There is little doubt that MSNBC is a Obama propaganda machine. Just as there is little doubt that Murdoch owned The Wall Street Journal, and that Fox News pulls for the right.

For his help in getting Obama elected, Jeffrey Immelt got a seat at the table.

A SEAT AT THE TABLE

More...
http://www.wealthdaily.com/articles/obamas-halliburton/2838
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