July 12, 2010

Obama Clueless About Business

[From article]
“The chief business of the American people is business,” Calvin Coolidge said in 1925. The words are as true today as they were then. But Jeffrey Immelt, the CEO of General Electric, was obliged to provide an unfortunate update. The FT reported that he had said that “Business did not like the US president and the president did not like business.”

http://www.nypost.com/p/news/opinion/opedcolumnists/tim_geithner_excuses_for_obama_FLoZzopA7SwqzKRwvRfevJ

Tim Geithner's excuses for Obama

They can't cover up the president's distaste for private industry

Kyle Smith
New York Post

Last Updated: 5:20 AM, July 11, 2010

Posted: 1:14 AM, July 11, 2010

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