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Donnerstag, 17. Februar 2011

Dancing Elephants

Jeffrey R. Immelt is the Chairman of GE. He succeeded the legendary Jack Welch, who opened new, unprecedented Visions for GE; to this Day, Mr. Welch remains a deeply respected Figure both inside and outside of the Business Community. Just recently, Mr. Immelt was also selected by The White House to head The Economy Advisory Panel, previously headed by Paul A. Volcker, a towering Figure who had steered the Fed during very, very troublesome Waters more than a Quarter of a Century ago. Earlier, Mr. Volcker, a crusty, No Nonsense Individual, had been fired by President Reagan because, among other Reasons, he had not been an avid enough 'Deregulator' and we all know what 'avid Deregulation' has brought the Economy to.

Mr. Immelt's Company, on the other hand, is fast becoming known as the Company which is bringing to us Entertainment in the Form of TV Ads featuring Dancing Animated Elephants, People dressed in funny Costumes who, instead of working, are dancing and singing on GE Factory Floors and, just now, a 500 Million Dollar GE Capital Loan to Borders Book Stores, which has just filed for Chapter 11.

One could well wonder, what Ideas Mr. Immelt is going to be suggesting to President Obama but Things like Dancing Animated Elephants are not likely to be of much use.