Selective Outrage on Corporate Involvement in Government Policy

Assigned Reading: GE a Corporate Sponsor
(FROM: The Washington Times)

As the health care debate moves to the forefront, I think it’s important that we know exactly who the main players are. This piece, written in part by conservative talk radio host Andrew Wilkow, does an excellent job in showing exactly what’s happening behind the scenes, and who is pulling the strings.

General Electric, who stands to benefit from President Barack Obama’s alternative energy/”green” policy, also seems ready to benefit from the implementation of Obama’s nationalized health care plans. Of course, GE owns Obama administration spokesmouths MSNBC and NBC News, and will not hesitate to promote the administration’s plans. Furthermore, GE honcho Jeff Immelt has also tapped a familiar name for the board of Healthymagination, which Wilkow describes as “an initiative launched by General Electric in partnership along with Intel, which will invest $6 billion over the next six years on “health care innovation that will help deliver better care to more people at lower cost.”

In other words, health care rationing.

Oh — and that familiar name? Tom Daschle, whose take on health care focuses on prioritizing care with a focus on costs and life expectancy rather than actual patient care.

So, what does all of this mean? Wilkow does a good job of bringing it all together:

The profitability of GE’s new venture will depend heavily on the nationalization of the health care industry. The standardization and streamlining of health care recordkeeping, something on which Mr. Obama ran in 2008, would require a massive government contract for the technology to achieve such standardization.

Mr. Obama has introduced a plan to computerize all health records within five years. Independent studies from Harvard, Rand Corp. and the Commonwealth Fund have estimated that such a plan could cost at least $75 billion to $100 billion over the next 10 years. Healthymagination is readying just such a technology, claiming that they will seek to “increase the use and capability of electronic medical record (EMR) technology and other information technology.” With Mr. Obama’s ally Mr. Daschle on board, Healthymagination is sure to have more than a leg up on its competition when it comes time to dole out these massive contracts.

Under the cloak of corporate responsibility, General Electric seeks to benefit to the tune of billions from the passage of Mr. Obama’s health care reform. On its corporate Web site, Healthymagination admits it will use every tool at its disposal to achieve its goals, including NBC Universal, the parent company of MSNBC which offers nearly uncritical coverage of Mr. Obama and his policies.

In effect, NBC Universal would become the propaganda arm of the administrations drive for the nationalization of health care, pushing its passage in its print and television properties.

Healthymagination states its target dates for the completion of its various initiatives as 2015, well into a second Obama term. This means GE will have a deep financial interest in Mr. Obama’s re-election; a fact that will no doubt be reflected in its media divisions. It will certainly be interesting to see if the left-wing watchdogs howl, or if they will conclude this is an acceptable level of collusion between the White House and a multinational conglomerate.

What amazes me is that liberals everywhere shouted to the rooftops about Dick Cheney’s Halliburton history and George W. Bush’s ties to the oil industry, simultaneously decrying big business and claiming that the two were somehow profiting off of America’s addiction to oil, not to mention the Iraq War, yet we will likely not hear a peep from the same liberals on this issue, where the health care system for 300-plus million Americans is to be remade to benefit General Electric, Barack Obama, the Democratic Party, and the entire political left.



  1. Anonymous says:

    Rand has gestimated the savins in healthcare costs to be $511 billon.

    see attached web page.

  2. Gail B says:

    I’m sick.


    Well, Gail, according to the cost effectiveness formula put forth by Daschle and company, it’ll be cheaper to just let you pass on.

    That way, some twentysomething can get a rhinoplasty.

  4. HOW IRONIC says:

    I thought Europes universal healthcare was the answer to EVERYTHING (and that Hollywood was goofy in love with it).

    LONDON – “Titanic” stars Leonardo DiCaprio and Kate Winslet have pledged to help the last survivor of the sinking of the ocean liner.

    The stars say they have thrown their support behind a fund that would subsidize Millvina Dean’s nursing home fees. Dean was 2 months old when the Titanic sank beneath the waves on the night of April 14, 1912. She has been living at a nursing home in the English city of Southampton since she broke her hip about three years ago but has struggled to pay the fees.

    In October she sold several Titanic mementoes to raise cash.

    DiCaprio and Winslet said in a statement that they hoped Dean could rest easier knowing that her future was secure. The Millvina Fund was launched Monday in Belfast, Northern Ireland.

  5. sharon says:

    Every day there is something..My one wish for the GOP in DC, is that they can develop a backbone and get this information out there…


    Maybe universal healthcare IS WHAT WE NEED if it will cause these old geezers on Hospice Hill to drop off a little quicker. Arlen first.

  7. Gail B says:

    Jeff, I just spent a small fortune (even at a senior discount and not being charged to come to this town) on my computer to increase the memory and speed it up a LOT. You know that I won’t go down without a fight!

    Just read something from Human Events–

    “Right now Congress is debating the largest tax hike in history. It’s up to you and me to stop it. And we only have one shot.

    “The big-government politicians and special interests might call it ‘Cap and Trade’ and frame it as a market-based ‘global warming solution.’ But you and I know better.

    “Amazingly, so does liberal activist group, and they admit so in an illuminating email to their members: ‘If Republicans convince voters that clean energy legislation amounts to a new tax, Obama’s plan is toast.’”

    Did you get that last sentence?
    “If Republicans convince voters that clean energy legislation amounts to a new tax, Obama’s plan is toast.”

  8. tm says:

    Excellent article Jeff.
    They should have dropped Mr. Immelt as chairman a very longtime ago – It is sad that this company that was built up by the Ironhorse Jack Welch has been destroyed by a political agenda.
    My hope for all this is someone out there will follow the money – the scope of all this will make enron and haliburton pale in corruption.
    I feel very sorry for the older GE retirees who had their entire retirement and GE stock portfolio disappear.
    What we can do: BOYCOTT GE products
    television: NBC, MSLSD, CNBC, and their sponsers

    It will help.

  9. cal says:

    I am not going to buy any GE products. I have already stopped watching NBC, MSNBC and CNBC. This medical records business smacks of invasion of privacy and I know will lead to huge problems. Government does nothing well. You know that data will be entered incorrectly. The trouble is in this case, when you are dealing with healthcare, people may die as a result of government mix-ups.

  10. Anonymous says:

    No wonder Warren Buffet supports Hussien Obama. He is going to make a bucket load of money by having Hussien Obama in power.

    This excerpt from a 10/1/2008 article:

    Warren Buffett’s Berkshire Hathaway Inc. is investing $3 billion in General Electric Co.

    Berkshire also has the option to buy $3 billion worth of GE common shares for $22.25 each at any time over five years.

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