Morning Joe Breaks Out Into General Electric Infomercial (VIDEO)

With General Electric's stock price hovering somewhere in the vicinity of seven and a half dollars, the possibility of the company becoming a fully-owned subsidiary of the Sheinhardt Wig Company or being devoured by krakens, in accordance with the prophesy, has never been greater. That's probably why General Electric employee Erin Burnett went on General Electric's Meet The Press to tell General Electric employee David Gregory that right now, it would be nice if the media stopped using such alarming terms as "carnage, apocalypse, bleeding, hemorrhaging, [and] crash." That's also probably why MSNBC's improv comedy troupe, Morning Joe, broke out in an impromptu infomercial for General Electric today on the air.

SCARBOROUGH: The thing is, while Jack's children and grandchildren are disappointed in GE's stock level, I'm actually excited for my children and grandchildren. This is how recessions work and this is how the market turns recessions around, into rallies, because I'm going to start investing heavily in General Electric because they've actually created things over the past twenty-five years. It is not some Wall Street organization that just shuffled around money and played shall games. And Mike, we know the future for General Electric, it's our parent company, I know. I'm just saying, that's the type of company I can build an economy on over the next twenty-five years. There are so many other companies that are collapsing because they don't have the fundamentals right.

BARNICLE: You know what the key to what you just said is? GE makes things.

SCARBOROUGH: They make things. America has stopped making things, for the most part. GE makes things.

I believe the line you are looking for is "GE brings good things to life!" Anyway, SAVE OUR BLUTHS!

[WATCH.]

Comments

[mattamorr]

Jack Welch is no hero. He is a heartless overpaid executive that single-handedly and callously eliminated tens of thousands of American jobs...Jobs that supported American families...and shipped those jobs overseas to India.
He is part of the problem we are all facing today.
A hero would have restructured the business at GE to keep jobs here in the United States while innovating. That's how Thomas Edison did it when he started GE in the first place.
Jack Welch is a mega-wealth coward!

[Cat401]

Whenever some one mention Regean on Joe S. show, watch how he act. He gets so excited and just don't stop talking about Regean. Also, he looking for a Republican leader, why doesn't he run for Rep. leader since he has the answer for everything.

[duchamp2008]

Jack Welch is seriously over-rated. Why do people trot out these washed up former CEOs to talk about their old bankrupt companies?

One way to save GE's hide would be to create a network for Erin Burnett. Erin 24/7....has a nice ring to it.

[richdoll]

GE wants that stimulus money or rather that corporate welfare to stay afloat.
i say get rid of pat Buchanan with his racist remarks, joe, put equal liberal voices on the tube. i'.m tired of lies on meet the press with gregory, chuck is a joke ..
don't give them the bailout = watch c-span for the news

[ObjectiveRealist]

"Making things" is indeed important to business. I think John Deere and Caterpillar will both recover, not to their 52-week high, but maybe halfway back, say to $40 or $50 / share. I'm sure other companies that have tanked recently will also be helped by infrastructure spending but I don't know all their names. The things that will make the real money, though, the next "big things" are family-sized windmills and solar panels, and the electrical control/storage systems for both.

[BIG JOHN]

HOW MANY DAMN TIMES DOES JOE SAY " WHEN I WAS IN CONGRESS, EVERY MORNING.

[dmspeech]

I first wrote to Morning Joe and asked for a liberal guest. Right before I stopped watching I would have settled for a moderate. I think the ratio of conservatives to moderates is5-1 before any guests (Mika, Joe, Willie, Pat, Mark to Barnacle). Yuck. I watch CNN now. Joe ranting, Mika simpering, Pat postulating, Mark acting hip. Looks just like my high school English class.

[restoreamerica]

GE makes things but for the most part, their "things" are outsourced to China and India. Only engineering and onsite service are done in the USA. Most phone support is outsourced.

It is still good that they create "things", I just wish they would "make" them in the USA.
Locomotives and Aircraft engines might be made in the USA. I am not sure.

[WonderingImriel]

Yes...they make things...like bombs we sold to the Iraquis, the Taliban etc. etc.

[Misha1234]

Oh brother.

[solarian]

morning joe is just like cnbc both totally clueless

[coco51]

Actually GE makes money not from "things" but because it's FINANCIAL SERVICE company.!!!


And Joe, the word is "shill" not "shall" be careful lately you'e been showing us more and more just how much your brain is in sync with NBC's logo...bird brain!

[Bude]

My favorite Jack Welch quote.

"I was afraid of the internet... because I couldn't type."

[PhilipTaylor]

A TOOL kissing BU__!

His ramblings and rantings belongs on FOX!

[MorningJoeMikaIsMarried]

Well if this was supposed to convince people to buy GE stock then they failed. Once the old man started flipping out and the rest of the panel looked like a GOP Meeting I just clicked the channel.

If you want to know why GE Stock is slipping it is because you have a terrible marketing strategy.