A Quote by Jeffrey R. Immelt
I think this notion that it's the population of the U.S. against the big companies is just wrong.
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The notion that we won the war against Iraq is like saying we won a war against Arizona. I mean, the fact of the matter is it's not that big of a country. Nobody, I don't think, had any notion that we would do anything but win it.
So when you go up against the Far Right you go up against the big financial special interests like the Halliburtons of the world, the big oil companies, the big energy companies who work so hard to rip us off.
Majorities can be wrong, majorities can overrule rights of minorities. If majorities ruled, we could still have slavery. 80% of the population once enslaved 20% of the population. While run by majority rule that is ok. That is very flawed notion of what democracy is. Democracy has to take into account several things - proportionate requirements of people, not just needs of the majority, but also needs of the minority. Majority, especially in societies where the media manipulates public opinion, can be totally wrong and evil. People have to act according to conscience and not by majority vote.
When we first started our internet company, 'China Pages', in 1995, and we were just making home pages for a lot of Chinese companies. We went to the big owners, the big companies, and they didn't want to do it. We go to state-owned companies, and they didn't want to do it. Only the small and medium companies really want to do it.
Well, normally I’m against big things. I think the world is going to be saved by millions of small things. Too many things can go wrong when they get big.” — Pete Seeger (on how he felt about attending his big 90th birthday bash last year)
It is wrong to divide the nation white against black, native born against immigrant or one religion against another. It is also wrong to divide people by income. East Germany was not an improvement over South Africa. Obama divides Americans against each other. This is wrong.
I think the general population of people just don't think. It's actually proven that people just use the part of the brain they have to, to get through the day. They don't sit there and ponder over the big picture stuff.
I think 80 percent of the population are really great, caring people who will help you and tell you the truth. That's just the way it is. And I think 20 percent of the population are crooks and liars. It's just a fact.
You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big and live big.
They have a policy in China for their big companies called "Go abroad." It's a rational thing for both the company and the country to say, "We want big, successful companies." Particularly in areas where they need it: agriculture, energy, technology. I think banking, too. One or two have bought a trading house. Some have already begun expanding around the world. Of course they're going to have those ambitions. Why wouldn't they? They're just doing it methodically. It's a logical strategy and, well-executed, they will succeed.
I think big data companies only like good news. So I think they're just hoping that they don't get sued, essentially.
People think that the big companies make songs and their artists just release it. It's not like that.
They sense that there's a majority out there and that the emotions are all on the other side-if they can be heard. They think the politicians are going to yield to the emotions. I think the corporations are wrong about that. I think the companies will have to give in only at insignificant levels. Because the companies are too strong, they're the establishment. The environmentalists are going to have to be like the mob in the square in Romania before they prevail.
The insurance companies make about $15 billion a year. They have doubled their profit margin under Obamacare. And so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. And I just think that's wrong. I just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. An analogous situation would be this: We all complain that new cars cost too much. Why don't we have a new car stabilization fund and give $130 billion to car companies?
Indeed one streak in our economy, we're missing the big oil companies. We're missing other big energy companies. We're missing the big picture, and I have a record of trying to go at the problems that actually exist, and I will continue to do that.
Well all the big companies are really panicked by the internet thing and all that, and sales went down, although sales have gone up again in this country a bit and also the big companies, because they're so big, they need big sales really so they're not really interested.
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