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Obama talks to CEOs of GE, Amex about jobs proposal

President Barack Obama delivers a statement on Libya from his vacation on Martha's Vineyard in Massachusetts August 22, 2011. REUTERS/Kevin Lamarque

President Barack Obama delivers a statement on Libya from his vacation on Martha's Vineyard in Massachusetts August 22, 2011.

Credit: Reuters/Kevin Lamarque

VINEYARD HAVEN, Massachusetts | Wed Aug 24, 2011 12:23pm EDT

VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama had a conference call with the chief executives of General Electric (GE.N) and American Express (AXP.N) to discuss a jobs package he will propose next month, a White House spokesman said on Wednesday.

Spokesman Josh Earnest said Obama and the chief executives talked about some of his ideas including retrofitting buildings for energy efficiency.

(Reporting by Laura MacInnis, Editing by Sandra Maler)

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Comments (3)
dpendable wrote:
Why does this guy keep consulting with Obama sympathizers? Immelt is nothing more than an Obama parrot. I guess we can deduce that comrade O doesn’t like conflicting opinions.

Aug 24, 2011 2:37pm EDT  --  Report as abuse
ginchinchili wrote:
dpendable: Perhaps he (Obama) should allow his corporate supporters to formulate US policy behind closed doors like Dick Cheney and the Bush Administration did with our energy policy.

You can’t fault Obama, or any president, for seeking advice from those with the experience to give it, such as Immelt. And it makes sense that Obama goes to someone who doesn’t hate him, believe he wasn’t born in the US, or isn’t beside himself because we have a black man in the White House, something far too many on the right just can’t come to grips with. Yes, I know the talking point, it’s not about race. Get over your racist ignorance and join the future today.

That being said, I think corporate America already has too much say-so in our government. We can pretty much figure that CEOs from large companies want lower corporate taxes (not the GE pays any anyway) and less regulations. The problem with that is that it won’t do a thing to create jobs. It just helps the companies’ profit margins which makes shareholders happy.

The US has security to offer multi-nationals. In return for the security we can offer, we should lower tax rates on businesses, end all tax loopholes and shelters, and offer additional tax incentives for companies who hire American workers. We should also place an additional tax on corporations who ship jobs overseas. We should also do what we can to encourage and support small businesses here in our own country.

Aug 24, 2011 5:14pm EDT  --  Report as abuse
truetoearth wrote:
Ron Paul would hold these meetings in front of a camera for all americans to see instead of hiding behind doors working dirty little deals.

Aug 24, 2011 9:30pm EDT  --  Report as abuse
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