REP DENNIS KUCINICH (D-OH) DEMANDING THE RESIGNATION OF JOB CZAR GE CEO JEFFREY IMMELT – CONFLICT OF INTEREST OF JOB CREATION IN THE US VERSUS CHINA

General Electric(GE_) chief Jeffrey Immelt should resign from his position as head of the President’s Council on Jobs and Competitiveness because many of his company’s goals conflict with the council’s goal of boosting U.S. employment and economic output, Rep. Dennis Kucinich (D-Ohio) argued Wednesday in a little-noticed press release.

“If he does not resign, the White House should remove him,” Kucinich said in the statement.

Kucinich’s statements came in response to a story in the Washington Post describing General Electric’s transfer of sophisticated aviation technologies it has developed to a Chinese joint venture.

American taxpayers subsidized the development of this advanced technology, but U.S. taxpayers’ investment will end up creating jobs in China. In the short term, GE is selling products to the Chinese, which will help GE’s bottom line. In the long term, the Chinese will end up manufacturing and selling products using the same technologies that were made in America,” read the statement from Kucinich, a seven-term congressman who has run for President in the past, and who is known for taking positions that are well outside the politicial mainstream.

CAN ANYONE SAY THE BIGGEST MOLE WORKING FOR THE WHITE HOUSE. FIGHTING AGAINST NATIONAL SECURITY AND THE AMERICAN PEOPLE.

http://www.thestreet.com/story/11232091/1/kucinich-to-immelt-resign.html?cm_ven_int=wibilive

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