By: Timothy P. Carney
Examiner Columnist
09/17/09 2:06 PM EDT
(AP Photo/Alexei Nikolsky, Pool) Reuters reports an interesting nugget 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.
I vaguely recall some talk about the most ethical administration ever.
Vaguely.
E.Williamson,
Thanks for posting this article. Barack Obama is providing favors at the risk or our national security unashamedly. Just when we think “he’s really done some damage now”, yet he goes and does worse. This is a frightening pattern of behavior! This gives us cause to believe that this pattern will continue and that he can indeed do worse than what he has already done.
This is a great script for a movie: President gets elected with the assistance of a corrupt voter registration group that he funded; further funds the group after the election (basically selling his country out); goes on the foreign apology tour (selling out the country, again); returns to shove a vastly expensive health care program down the throats of Americans, possibly only to satisfy special interest groups (Oops, selling us out again); which in turn launches the national debt out of control (way big sell out); only to diminish our national security and our allies to satisfy Putin and GE (uber sell-out!); while hiring Czars who circumnavigate laws to undermine the Constitution on their way to Marxism. Wow! I wish I were an author… The ultimate sell out artist has come to Washington.
Paul,
I am sure there will be a movie script written in the future regarding Obama’s failed policies. It could already be written.