16 December 2012

Uncommon Commentary #310: Is the CEO of GE an SOB?

As you may have heard, General Electric head and Obombast economic advisor Jeffrey Immelt has said (in speaking of mainland China) that "state-run communism" is "the one thing that actually works"!  One tries to be charitable and assume that he didn't mean his remarks to sound the way that they did, but, if that be the case, why has he made no effort to explain what he did mean?