Pretty much every time former GE CEO Jack Welch is on CNBC it’s strange, but his most recent visit was beyond nuts. If one were to believe Welch, President Obama would be the most daring socialist infiltrator with dictatorship tendencies that ever lived in the US.
Like the Teabaggers, Welch seems to believe that Obama has an enemies list, and that the President is only about dividing the country. (This criticism was curiously absent during the Bush years.)
Welch continues his rant with the ever-popular (in the Teabagging world) remarks about “the peoples republic of Massachusetts” – a state Welch hates so much that he lives there. He also criticizes Romney for his “lack of authenticity,” but can overlook that since he’s a great leader. The two share a love for closing down factories and destroying the livelihood of middle class workers.
One day it would be a pleasant surprise to hear an extremist such as Welch show an ounce of concern for the middle class. Don’t hold your breath though, because he’s much too interested in hobnobbing with his friends in the 1%. This is the man who showered himself with gifts and perks while at GE, including his own retirement, as if GE never grew before or after it was graced with his presence.
“It was the insurance executives in health care. It was the bankers in the collapse. It was the oil companies as oil prices go up. It was Congress if things didn’t go the way he wanted. And recently it’s been the Supreme Court,” he said.
“He’s got an enemies list that would make Richard Nixon proud.”
Welch, who helmed GE for 21 years and founded the Jack Welch Management Institute at Strayer University, penned an op-ed article for Reuters with wife Suzy Welch this week in which he tackled the idea of Obama’s enemies list.
“Surely his supporters must think this particular tactic is effective, but there can be no denying that the country is more polarized than when Obama took office,” Welch wrote, making a case for presumptive Republican presidential nominee Mitt Romney.
More polarized than the days of “you’re either with us or against us”? Hmmm.