From Fox Nation January 24, 2011:

Last Friday, President Obama selected General Electric Chief Executive Jeffery Immelt to chair the newly created President’s Council on Jobs and Competitiveness. Obama and Immelt released statements claiming the new council would “put our economy into overdrive,” boosting economic growth, job creation, and global competition. President Obama’s latest executive appointment is crony corporatism in its purest form.

FreedomWorks and the Free Enterprise Project believe that Jeffrey Immelt will use the Council to continue lobbying on behalf of rent-seeking General Electric, and to restrict its competitors in the marketplace. To expose this case of special interest politics, both organizations are launching a nationwide educational campaign including online video ads, and an online petition to fire Jeffery Immelt. A cable TV ad buy is also being planned.

 Sign the petition at BigBusinessWatch.org