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GE and Ronald Reagan: The Mutual Gift That Keeps On Giving
By Matt Lewis - Politics DailyAs part of a one-year celebration to honor the 100th anniversary of Ronald Reagan's birth, General Electric will run ads honoring the 40th president's legacy -- and will donate $10 million to the Ronald Reagan Presidential Foundation and Library, along with an additional $5 million in scholarships. This is fitting. In a very real way, General Electric was the vehicle that Reagan rode in his journey from film star to politician. It was a symbiotic relationship, too: Although GE paid Reagan $150,000 in the mid-1950s -- when his movie career had stalled and such a salary was worth more than $1 ...
Bill O'Reilly - Keith Olbermann Feud Escalates; GE Responds to 'Smear Campaign'
By Emily Miller - Politics DailyGeneral Electric jumped into the long-standing feud between Fox News Channel's Bill O'Reilly and MSNBC's Keith Olbermann after O'Reilly said that the company -- which owns NBC and MSNBC -- possibly supplies terrorists with material used in roadside bombs. GE said Wednesday that "The O'Reilly Factor" report is "irresponsible and maliciously false." Fox said the GE accusations are unrelated to the battles with MSNBC.The latest round in the O'Reilly-Olbermann fight started Tuesday when O'Reilly, reporting on a possible FBI probe of U.S. companies supplying components for bombs aimed at American ...
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