FABULOUS…JUST FABULOUS…LET’S TRY SOME OF THAT COMMUNISM…OOPS…THINK WE ARE ABOUT THERE
The chairman of President Barack Obama’s job council has endorsed China’s style of crony capitalism, saying “state-run communism may not be your cup of tea, but their government works.”
Jeff Immelt is the dual-hatted chairman of the President’s Council on Jobs and Competitiveness, and of General Electric, a huge company with businesses in many domestic and international sectors, including China.
He used a Dec. 10 television interview to suggest that China’s type of state-run capitalism has been great for business while lamenting the state of the American economy.
SOURCE: http://dailycaller.com