Dancing Elephants - Continued - The New York Times

Jeffrey R. Immelt? Ain't this the Fellow at GE with the Dancing Elephants who was chosen by The President to head the Council of Economic Advisers?

Now, Boys, shouldn't he also be given a Hefty Raise or be paid a Huge Bonus by GE? And, given the Expertise of John Samuels, who formerly worked for The Treasury and now works for GE, it should not be too difficult, if at all, to claim either Payment as an Expense Deduction for GE. No Social Security Withholding Taxes need to be paid to The Treasury for this, either, since the additional Compensation would be over the Threshhold. What the Heck! Give'm both the Raise and the Bonus! There would be no Adverse Impact on GE's Earnings if you do this, Boys; the Money will come from the U. S. Treasury! Oh, lest we forget; no Social Security Withholding Taxes to be taken from Mr. Immelt's Compensation for his 'Services' to the Government as an 'Economic Adviser.'

The earlier Reference to 'Dancing Elephants' in this Forum appears to be corroborated by the Article which appeared on 24 March 2011, in The New York Times (Link below). The New York Times also makes Reference to GE's Slogan in the 'Dancing Elephants' Ad: 'Imagination at Work!' NO KIDDING!!!

http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=1&nl=todaysheadlines&emc=tha2

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.