Is Jack Welch A Lunatic?

[grunion]

In any other news cycle I would find it ridiculous that a Tweet be the subject of national news. But for the last two or three days Jack Welch has been making a string of media appearances in which he defends the substance of a Tweet in which he accuses the Obama team ("those Chicago guys") of putting pressure on the Bureau of Labor Statistics to artificially push the Unemployment Rate to 7.8% right before the election.

This is a flabbergasting accusation to make without any evidence whatsoever, that one may expect from a typical neotard still sitting at his computer after running out of tissues and lotion. But the media types of all shapes and sizes fawning all over him as America's Greatest CEO need to seriously ask themselves - is this guy demented?

Now apparently he can't take the heat at that Socialist magazine Fortune after some criticism leveled at him there. The man is seriously irrelevant. I question whether he was at all competent in his stewardship of GE. Now he is too incompetent to be entrusted with a Twitter account. Somebody needs to give him a warm glass of milk and cookies and change his diapers and put him to bed.

 

[Brown]

As George Carlin said, some people are stupid, some people are full of [fertilizer] and some people are [extremely] nuts. And some people are a combination of these.

Jack hasn't struck me as being a lunatic, that is, not as [extremely] nuts. But he has on many occasions shown himself to be full of [fertilizer].

 

[grunion]

Jack hasn't struck me as being a lunatic, that is, not as [extremely] nuts. But he has on many occasions shown himself to be full of [fertilizer].

I think maybe it is his diaper that is full of [fertilizer.] Apparently he is now denying he ever commented on the Obamas.

 

[Puppycow]

Just senile and thin-skinned.

 

[Puppycow]

I think maybe it is his diaper that is full of [fertilizer.] Apparently he is now denying he ever commented on the Obamas.

Yeah, "those Chicago guys" was a reference to the Cubs. They lost a "debate" (that's slang for a ball game) so they changed the numbers (reshuffled their lineup).

 

[Olowkow]

Welch is just another rich guy who wants more stuff. Obama wants to ruin their fun. YMMV

 

[BStrong]

I'm not a fan or foe of the President, but I haven't believed the job numbers during Bush II - why should I start now?

 

[Puppycow]

I'm not a fan or foe of the President, but I haven't believed the job numbers during Bush II - why should I start now?

Why did you stop believing them?

 

[jj]

He didn't used to be a lunatic. But times and people change.

 

[Eddie Dane]

I get the impression that older people cling to stuff they happen to believe, and as they age are completely unwilling to re-evaluate these things.

See Clint Eastwood, Chomsky, Gore Vidal etc.

Their beliefs become regurgitated clichés, rather than reasoned opinions.
I hope I can avoid that as I get older, but I'll probably be some old grumpy guy complaining about how much I hate such-and-such and so-and-so.

 

[Eddie Dane]

He didn't used to be a lunatic. But times and people change.

His management ideas always were psychotic.

Fire the "worst performing" 10% of employees on a yearly basis?
Based in a five-point system?

I know people that work in an organisation that uses that system, it's an absolute disaster that works only on paper. Much like Atlas Shrugged.

 

[jj]

His management ideas always were psychotic.

Fire the "worst performing" 10% of employees on a yearly basis?
Based in a five-point system?

I know people that work in an organisation that uses that system, it's an absolute disaster that works only on paper. Much like Atlas Shrugged.

Sounds like the old Lincoln Labs Ladder. I can pretty much imagine that the politics involved make it unworkable. Ditto its effect on anyone who has the misfortune to get seriously ill for a month or two.

 

[eeyore1954]

In any other news cycle I would find it ridiculous that a Tweet be the subject of national news. But for the last two or three days Jack Welch has been making a string of media appearances in which he defends the substance of a Tweet in which he accuses the Obama team ("those Chicago guys") of putting pressure on the Bureau of Labor Statistics to artificially push the Unemployment Rate to 7.8% right before the election.

This is a flabbergasting accusation to make without any evidence whatsoever, that one may expect from a typical neotard still sitting at his computer after running out of tissues and lotion. But the media types of all shapes and sizes fawning all over him as America's Greatest CEO need to seriously ask themselves - is this guy demented?

Now apparently he can't take the heat at that Socialist magazine Fortune after some criticism leveled at him there. The man is seriously irrelevant. I question whether he was at all competent in his stewardship of GE. Now he is too incompetent to be entrusted with a Twitter account. Somebody needs to give him a warm glass of milk and cookies and change his diapers and put him to bed.

Never paid that much attention to him but everytime his name has made headlines in the past 20 or so years it made me wonder how he rose to the top.

 

[eeyore1954]

I get the impression that older people cling to stuff they happen to believe, and as they age are completely unwilling to re-evaluate these things.

See Clint Eastwood, Chomsky, Gore Vidal etc.

Their beliefs become regurgitated clichés, rather than reasoned opinions.
I hope I can avoid that as I get older, but I'll probably be some old grumpy guy complaining about how much I hate such-and-such and so-and-so.

I get the impression that younger people cling to stuff they happen to believe, and are completely unwilling to re-evaluate these things.
Their beliefs are regurgitated clichés, rather than reasoned opinions.


Not my real belief but I think it makes as much sense.


My real belief some young people seem unable to change their positions, some old people seem unable to change.
I have also seen many older people mellow out in their harsh positions as they age.

 

[LarianLeQuella]

He's just doing a rich version of, "You kids get off my lawn!"

Nothing but a cranky old man having a hissy fit.

 

[jj]

Nothing but a cranky old man having a hissy fit.

Interesting, somebody from Ohio said the same thing to me when I pointed out a major flaw in their reasoning.

Cranky old men get that way because they've seen too much stupid.

So that doesn't, by itself, mean they are wrong. Besides, I shoe bambi off of my lawn and out of my garden, too.

 

[SezMe]

I question whether he was at all competent in his stewardship of GE.

I read a day or two ago that over the period of his CEOing of GE, that company lost over 100,000 jobs. Now that number can be finagled in countless ways that might be misleading but I'll just throw it out there. No citation because this is pretty much a throw-away comment and not worth digging into.

 

[grunion]

I think because he's old, it's easy to use terms as "crotchety" and "ornery" and dismiss it as a symptom of aging. But as stated, there are plenty of elderly that are not like that, and plenty of youngsters on the blogosphere with equally insane conspiratorial views about the Obamafia and disregard for the damage their words can do to people. I think it is a kind of psychosis.

I didn't follow his personality much prior to this, but I would guess he was equally nasty and selfish as "America's Greatest CEO^TM."

 

[Robert Prey]

Jack Welch Says "I Was Right about that Strange Jobs Report"

In any other news cycle I would find it ridiculous that a Tweet be the subject of national news. But for the last two or three days Jack Welch has been making a string of media appearances in which he defends the substance of a Tweet in which he accuses the Obama team ("those Chicago guys") of putting pressure on the Bureau of Labor Statistics to artificially push the Unemployment Rate to 7.8% right before the election.

This is a flabbergasting accusation to make without any evidence whatsoever, that one may expect from a typical neotard still sitting at his computer after running out of tissues and lotion. But the media types of all shapes and sizes fawning all over him as America's Greatest CEO need to seriously ask themselves - is this guy demented?

Now apparently he can't take the heat at that Socialist magazine Fortune after some criticism leveled at him there. The man is seriously irrelevant. I question whether he was at all competent in his stewardship of GE. Now he is too incompetent to be entrusted with a Twitter account. Somebody needs to give him a warm glass of milk and cookies and change his diapers and put him to bed.

Jack Welch is no incompetent, but a super successful businessman who can smell a fraud and cites facts and figures to back it up:

"The economy would need to be growing at breakneck speed for unemployment to drop to 7.8% from 8.3% in the course of two months..."

"...Even if the BLS had a perfect process, the context surrounding the 7.8% figure still bears serious skepticism. Consider the following:

In August, the labor-force participation rate in the U.S. dropped to 63.5%, the lowest since September 1981. By definition, fewer people in the workforce leads to better unemployment numbers. That's why the unemployment rate dropped to 8.1% in August from 8.3% in July."

Meanwhile, we're told in the BLS report that in the months of August and September, federal, state and local governments added 602,000 workers to their payrolls, the largest two-month increase in more than 20 years. And the BLS tells us that, overall, 873,000 workers were added in September, the largest one-month increase since 1983, during the booming Reagan recovery."

"These three statistics—the labor-force participation rate, the growth in government workers, and overall job growth, all multidecade records achieved over the past two months—have to raise some eyebrows. There were no economists, liberal or conservative, predicting that unemployment in September would drop below 8%."

Rush Limbaugh predicted this would happen a year ago, based on the fact that no President had ever been re-elected with an 8 % unemployment rate. Thus the was Liar-in-Chief's solution to simply cook the BLS stats?

Utterly predictable.

http://online.wsj.com/article/SB100...8046260406091012.html?mod=WSJ_Opinion_LEADTop

 

[hgc]

Jack Welch is no incompetent, but a super successful businessman who can smell a fraud and cites facts and figures to back it up:

...

What facts and figures did he cite to back up this:

Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers