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Day by Day February 5, 2011 – Sleeping with the Enemy
General Electric is playing Crony Capitalism with President Obama. When GE owned NBC and NBC News they did everything they could to perpetuate a Democratic Party majority.OOPS. General Electric sold NBC to Comcast and the GOP won the House.
But, Immelt is continuing his relationship with the President in hopes of sleeping with the enemy of business will help him and GE.
I don’t think American voters and GE stockholders are going to buy it.
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The Day By Day Archive -
Drama at General Electric Shareholders Meeting: Why is MSNBC Slanting LEFT?; Updated: Jesse Waters Audio
Bill O’Reilly responds to Janeane Garofalo’s comments on teabaggers by blaming GE and NBCBill O’Reilly Show and Fox News Producer Jesse Waters ambush General Electric Executives at annual stockholder meeting again this year.
The hostility between Fox News Channel and MSNBC reached a fever pitch Wednesday when a Fox producer infiltrated the GE shareholders meeting.
Just before GE re-elected board members, company brass were hit with questions from shareholders critical of an alleged leftward political slant at MSNBC.
But one of those questions came from Jesse Waters, a producer on “The O’Reilly Factor” whose criticisms were cut short when his microphone was cut off, according to several attendees. Waters apparently did not publicly identify himself as a Fox employee.
Waters has built a reputation as an ambush interviewer, specializing in on-the-street confrontations. But this is arguably the boldest move by a Fox newsie to utilize the tactic inside their chief rival’s tent, as it were.
O’Reilly and MSNBC anchor Keith Olbermann have been involved in a running feud for several years, but the pissing match between the two has of late started to envelope other parts of the News Corp. and GE empires.
GE pointed out that Waters had Fox News cameras waiting outside the Orlando meeting.
Attendees who spoke to The Hollywood Reporter said shareholders asked about 10 politically charged questions concerning MSNBC as well as one about CNBC.
It should be noted that Jesse Waters is a shareholder of General Electric and asked questions last year at the annual meeting. Apparently, the shareholders were upset with MSNBC because of its leftward lean politically.
When he got the floor, Waters focused his question about MSNBC on Olbermann’s interview of actress Janeane Garofalo, who likened conservatives to racists and spoke of “the limbic brain inside a right-winger.”
“He (Waters) was complaining that Olbermann didn’t bother to challenge her,” another GE shareholder said.
Immelt told the assembled he takes a hands-off approach to what is reported on the company’s news networks, which prompted a shareholder to criticize him for not managing NBC Uni more effectively.
But, it is not just MSNBC’s talking heads that are ALL LEFT all of the time. The NBC News division both national and Los Angeles are filled with left-leaning stories, interviews and personalities.
So, are the GE shareholders worried about the sinking of the once mighty General Electric Corporation?
I wouldn’t own their stock.
Update:
Here is the audio of Jesse Water’s asking his question. Note the applause and the boos that follow Immelt’s response.
Technorati Tags: Bill O’Reilly, Jesse Waters, Fox News, MSNBC, Jeffery Immelt
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Michael Ramirez on Ford Motor Company
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Re/Max Real Estate WebSite to Show All U.S. Listings
The Los Angeles Times has a piece today, Re/Max Site to Show All U.S. Listings.
The nation’s second-largest real estate brokerage is expected to announce today a plan to pool all U.S. residential property listings on its website, a move that would create a formidable national competitor to industry-backed Realtor.com.
The move by Re/Max International Inc. also could eventually help reduce consumers’ costs of buying and selling homes, as competition with other Web-based brokerages heats up.
This is a great move for homebuyers for it will give them real time information. No more opening up the newspaper to look at too many ads and never find the home(s) you desire.
This is good news for homesellers since increased competition for the display and marketing of sales will lower the standard 6% commission here in California. No need to pay for print advertising and other marketing tools when your property will have high visibility.
This is BAD news for newspapers, especially local and regional ones who sell real estate print advertising.
Online real estate companies and consumer advocates have long complained about the real estate industry’s efforts to limit access to property listings on the Internet. They see it as an attempt to thwart competition from Web-based upstarts, which typically charge lower commissions or charge referral fees.
The issue has attracted the attention of federal antitrust officials, who have been investigating the online policy of the industry’s powerful trade group, the National Assn. of Realtors, which gives its members the right to withhold their listings from online brokerages.
But Re/Max, which has supported the trade group’s policy, will announce today that it will compete head-on with online companies and create a national database that would include any property listing, whether it is a Re/Max listing or not.
“It’s a very big positive for consumers,” said Steve Murray, an industry consultant and editor of the trade newsletter Real Trends. “With competition and with more choice, my bet is this will lead to more efficient pricing.”
Indeed.
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What Wendy’s Learned in Finger Flap
Food for Thought
What Wendy’s learned from the fingertip hoaxWe all recall the story.
The CEO of Wendy’s has written this piece in Opinion Journal:
There’s nothing quite as unnerving as becoming the target of fraud. For us at Wendy’s, that nightmare became reality when a customer falsely accused the Wendy’s on Monterey Road in San Jose, Calif., of putting a human fingertip in a bowl of chili. Within an hour the story was on TV news, and soon after, Wendy’s was fodder for Jay Leno. It was painful for us to watch unfold.
As funny as the story was to us in the blogosphere many of us realized what a calamity this fraud was for this business and employees.
Flap loves chili and when possible will frequent Wendy’s.
How about some low fat turkey chili guys?
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Wendy’s International Sales, Profit fall
Well we all knew the manicured finger in the chili would not bolster business.
Read the sad news here.
