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Old 05-08-2009, 06:35 AM
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Originally Posted by Anikdote View Post
Even in cases where no other company can preform the work?
If no other company can perform the work..there really is no need for a no bid contract....there is no competition, hence there would not need to be a no bid. A company, even if only there is one that can be used, still needs to put in a quote or bid for the job.
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  #12 (permalink)  
Old 05-08-2009, 06:36 AM
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Originally Posted by LeonCoDem View Post
Insulting isn't nice. Now, GE received $140B in assistance. However, this is to be paid back. GE is a very lucrative company that sells durable household appliances, builds engines for our Air Force, healthcare equipment, energy transfer technology, oil and gas technology. How much of U.S. industry do you want to vanish? On their site, I don't see where they are getting anything other than a leg up.
There getting a leg up from the Government...Obama wants to support them because they support Obama.

What about all the other companies and small businesses that are failing and have failed in the past? Why isn't Bam Bam giving small businesses money to stay afloat?
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Old 05-08-2009, 06:40 AM
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The trouble with government work is people put in bids, and they always mysterious run over budget.
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Old 05-08-2009, 07:09 AM
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Originally Posted by Consmike View Post
there really is no need for a no bid contract....
What contract is this? For what?
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Old 05-08-2009, 08:47 AM
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Originally Posted by Consmike View Post
Lets see....GE is going to be given this no bid contract to help in the universal healthcare field. Something that Obama is pushing big time. GE was a big supporter of BO and all of their major news networks push the Obama agenda.

Wow...Tom Dashle is on their board now...someone who could have been our HHS secretary.

This whole Healthmagination company..is going to be one that works on a universal healthcare Database. Which is going to have EVERYONE's information on it. This violates the 4th amendment of the constitution.

I just left GE after 12+ years so I'll respond. What contract are they being given exactly? Your article doesn't reference any government contract. Additionally, where did you read that GE is going to maintain a database with everyone's personal information. If that is part of their plan it's new and news to me.

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I don't know about you...but this whole thing stinks...a major corportation...one that does alot of business with one of our enemies, Iran, is in bed with, and getting sweet deals from the Obama administration.
A lot of business? A bit of an exaggeration and also old news. What deals did they get from Obama?

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Like to hear the libs take on this...I guess its ok since Obama is a dem to some of you, however, this is going to make all the (*)(*)(*)(*)(*)ing and moaning you did about Haliburton look like a small thing.
I'm not a lib, but I'll still respond. This is an initiative much like ecomagination. It's GE money being invested heavily in R&D to develop cheaper ways for them to prodcue their equipment and others to operate it. They're also investing money in ways for rural areas to receive more care and access to their equipment. They also are doing what they normally do, the GE model. The GE model is to take a cost center and turn it into a profit center. That's how ecomagination started. They took their own energy costs and created a team to focus on expense reduction. It lead to several innovations that they in turn have decided to market. That's how GE Capital started. It's how many of their businesses started. This is exactly the same. GE has health care techs on site at major offices and provides free flu shots and other minor services. If you work in a more remote area (like I did) then they pay you to get a flu shot. They also partnered with several gyms across the country and if one was near you then you got a free membership. If not, you were reimbursed up to $600 a year for a membership at any other gym. They are taking these ideas and working with other companies to promote them and other ideas to reduce health care expenses. This isn't a government initiative.
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Old 05-08-2009, 08:58 AM
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Seems to me like GE is just trying to get out in front of a market and when they are using their own money, I honestly don't care and hope they do well.
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Old 05-08-2009, 09:03 AM
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Sounds like good market capitalism. We progresives want business to survive. Many of us own stock and want corporations to do well.
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Old 05-08-2009, 09:48 AM
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GE is kind of being bailed out by the government, the FDIC is insuring their bonds, It would be a lot harder for them to sell these bonds without the government guaranteeing that investors won't lose.
GE bonds backed by the FDIC

GE will make lots of money off Cap n Trade, its not really a no bid contract. Simplified, its just the government allowing GE to make billions more by charging citizens more for their utility bills and most goods they buy. Ohh but don't forget the negligible if any effect on global warming.
GE to profit from Carbon Credits
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GE needs all the help it can get right now, with its stock hurtling closer towards $0 on a daily basis. The company obviously stands to benefit from infrastructure buildout, and from capturing its share of green (energy) dollars. The more wind-turbines we erect, the better for GE.

But there’s a nexus between its green ambitions and its finance unit in the form of a new venture called Greenhouse Gas Services, which will facilitate the trade of carbon tax credits.

Thus as Tim Carney* notes, GE has been lobbying heavily for a cap-and-trade system, rather than a straight tax system which wouldn’t require a market.
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Old 05-08-2009, 09:55 AM
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Default Question to you lefties

Can anyone, especially the left, please post where Obama has demanded Halliburton submit their bids to our government?

It's a fair question since the Bush haters for 8 years hammered on this issue, just curious at what Obama has done with Halliburton and Blackwater. My guess is, they are doing exactly the same thing, but for a different president.
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Old 05-08-2009, 10:00 AM
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Seems to me like GE is just trying to get out in front of a market and when they are using their own money, I honestly don't care and hope they do well.
Indeed. Jack Welch wasn't listed the most admired business man in history and GE the world's most admired company for several years running by a variety of sources without good reason. There are some very very smart people over there. This, much like the energy initiative, is a way for them to make money as well as help people.
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