O'Reilly Points Out Corruption and Bias At NBC/MSNBC

[red states rule]

GE owns NBC and MSNBC, two of the biggest cheerleaders of Obama.




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and


Obama’s hidden bailout of General Electric
By: Timothy P. Carney
Examiner Columnist
03/03/09 8:12 PM While many companies hire lobbyists to win earmarks, General Electric’s unmatched lobbying force has secured a tax increase — or its equivalent — in President Barack Obama’s budget.

Labeled “climate revenues” and totaling $646 billion over eight years, this line item in Obama’s budget has inspired confidence in GE Chief Executive Officer Jeff Immelt. As Immelt put it in a letter this week, he believes that the Obama administration will be a profitable “financier” and “key partner.”

On page 115 of Obama’s fiscal 2010 budget is Table S-2, titled “Effect of Budget Proposals on Projected Deficits.” The chart forecasts the costs of Obama’s spending proposals and the added revenue of his proposed tax increases. It also forecasts, beginning in 2012, billions of dollars a year in “climate revenues.” This budget line, which has struck fear into some lawmakers from coal-dependent states, could spell salvation for GE in these times of uncertainty.

How can Obama generate “climate revenues”? By forcing companies to pay for the right to emit greenhouse gases such as carbon dioxide.

A tax on greenhouse gas emissions could accomplish this, but Obama’s preferred policy — and the approach embraced by a few congressional bills in recent years — is called “cap and trade.” In short, cap and trade requires businesses to spend “credits” to pay for their emissions. Businesses can buy or sell these credits, and the market — not the government — would directly set the price of a credit. Government would initially auction them off, generating revenue.

GE — a member of the U.S. Climate Action Partnership, which advocates cap and trade — leads the push for greenhouse gas restrictions.

http://www.washingtonexaminer.com/po...-40686707.html

[red states rule]

Seems Bill may onto something


GE Calls for U.S. Cap and Trade System

July 30, 2008 - A top executive at General Electric told Congress this week that the best way to beat climate change is to assign a dollar value to carbon emissions, Reuters reports. Speaking at a U.S. congressional panel Monday, GE vice chairman John Rice argued that market pricing for carbon emissions, along with government tax credits, will encourage new investments in emerging low-carbon technologies.

"A lot of times we get questions like, 'Is this possible, can it be done?'" Rice said. "Carbon capture and sequestration can be done today, it's technically viable. Is it commercially viable? Not yet ... We have to be thinking in terms of both technical viability and commercial viability."

GE has a lot to gain from goosing the alternative-energy market. The company's $20 billion Ecomagination program, aimed at developing new environmental products and services, is fast turning into one of its biggest moneymakers. Revenues from the Ecomagination portfolio crossed $14 billion in May and are expected to pass $25 billion by 2010.

http://www.sustainablelifemedia.com/...d_trade_system



O'Reilly continually stated "if the story turns out to be true".

It appears that he knows something about an on going investigation and knows where it is headed.

[theHawk]

And here I thought it was just Republicans who were in bed with "big corporations".


Change you can believe in!!!

[red states rule]

And here I thought it was just Republicans who were in bed with "big corporations".


Change you can believe in!!!

Not only in bed, but making sure the news is slanted and provides glowing coverage of Obama and the Dem party

Meanwhile, as the company orders the pom poms be waved constantly for Obama and the Dems, the value of the company continues to tank - and stockholders and retired folks lose their investments

[actsnoblemartin]

this is old news

[red states rule]

this is old news

Boy you really have become a Dem Martin

[actsnoblemartin]

Boy you really have become a Dem Martin

oh common rsr, you know me better then that.

i meant its old news, as in, of course msn it bias

now lets try that again

[red states rule]

oh common rsr, you know me better then that.

i meant its old news, as in, of course msn it bias

now lets try that again

It is all about a liberal network in bed with a liberal president. They are pushing a liberal agenda so they can make money

Meanwhile, they wave the pom poms for Obama, their ratings tank, their stockholders lose money - and if they speak out at a stockholders meeting their michophone is turned off

[actsnoblemartin]

you think their making money

It is all about a liberal network in bed with a liberal president. They are pushing a liberal agenda so they can make money

Meanwhile, they wave the pom poms for Obama, their ratings tank, their stockholders lose money - and if they speak out at a stockholders meeting their michophone is turned off

[red states rule]

you think their making money

They have been losing money which is why the stockholders are pissed off. Part of the reason for lack of viewers is because of their blatant liberal bias

[actsnoblemartin]

but you are not a stockholder, you dont know any stockholders do you?

yes, i am not pleased how their running a channel into the ground, or how imelt sold stuff to iran, etc etc etec

but no sense being mad about what you cant control mate

Why would anyone not be? You have retired folks losing their retirement funds, you have stockholders being silenced when they point out the bias, and thre CEO lying to stockholders that he would not cut the dividend

Like most liberal nets, it is sinking yet they think the answer to act more liberal and hire more liberals as "reporters" and hosts of shows

[actsnoblemartin]

so what are you so angry about then

They have been losing money which is why the stockholders are pissed off. Part of the reason for lack of viewers is because of their blatant liberal bias

[red states rule]

so what are you so angry about then

Why would anyone not be? You have retired folks losing their retirement funds, you have stockholders being silenced when they point out the bias, and thre CEO lying to stockholders that he would not cut the dividend

Like most liberal nets, it is sinking yet they think the answer to act more liberal and hire more liberals as "reporters" and hosts of shows