General Electric Quotes & Sayings

When I talked about Boeing and I talked about General Electric, what I was referring to is an outrage. Right now you have a loophole such that these guys are putting their profits, multi-billion dollar profitable corporations putting billions of dollars into the Cayman Islands, Bermuda, and other tax havens. — Bernie Sanders

If India is an emerging economy with millions of new consumers, sell them the Volvo. Sell them the Cielo car. Sell them whatever you can, hamburgers and KFCs. It's the middle classes who have moved into being able to own a car, a refrigerator. For them there is this mantra that the General Electric refrigerator is better than some other model, that the Cielo car is fancier than the Ambassador. — Vandana Shiva

[In the case of research director, Willis R. Whitney, whose style was to give talented investigators as much freedom as possible, you may define 'serendipity' as] the art of profiting from unexpected occurrences. When you do things in that way you get unexpected results. Then you do something else and you get unexpected results in another line, and you do that on a third line and then all of a sudden you see that one of these lines has something to do with the other. Then you make a discovery that you never could have made by going on a direct road. — Irving Langmuir

The real problem with the IRS is that they let General Electric not pay any taxes
and 50 other corporations
that's the real scandal — Michael Moore

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term. For instance, you might pay $200,000 a year to buy a ten-year credit default swap on $100 million in General Electric bonds. The most you could lose was $2 million: $200,000 a year for ten years. The most you could make was $100 million, if General Electric defaulted on its debt any time in the next ten years and bondholders recovered nothing. It was a zero-sum bet: If you made $100 million, the guy who had sold you the credit default swap lost $100 million. It was also an asymmetric bet, like laying down money on a number in roulette. The most you could lose were the chips you put on the table; but if your number came up you made thirty, forty, even fifty times your money. — Michael Lewis

To date, there is no strong empirical support for claims that automating medical record keeping will lead to major reductions in health-care costs or significant improvements in the well-being of patients. But if doctors and patients have seen few benefits from the scramble to automate record keeping, the companies that supply the systems have profited. Cerner Corporation, a medical software outfit, saw its revenues triple, from $1 billion to $3 billion, between 2005 and 2013. Cerner, as it happens, was one of five corporations that provided RAND with funding for the original 2005 study. The other sponsors, which included General Electric and Hewlett Packard, also have substantial business interests in health-care automation. As today's flawed systems are replaced or upgraded in the future, to fix their interoperability problems and other shortcomings, information technology companies will reap further windfalls. — Nicholas Carr

Ralph J. Cordiner, chairman of General Electric, expressed the attitude of top business management toward education this way: "Two of our most outstanding presidents, Mr. Wilson and Mr. Coffin, never had an opportunity to attend college. Although some of our present officers have doctor's degrees, twelve out of forty-one have no college degrees. We are interested in competency, not diplomas. — David J. Schwartz

So we and our elaborately evolving computers may meet each other halfway. Someday a human being, named perhaps Fred White, may shoot a robot named Pete Something-or-other, which has come out of a General Electric factory, and to his surprise see it weep and bleed. And the dying robot may shoot back and, to its surprise, see a wisp of gray smoke arise from the electric pump that it supposed was Mr. White's beating heart. It would be rather a great moment of truth for both of them. — Philip K. Dick

The GE press release went to the papers the very next day: "Scientists of the General Electric Company, flying an airplane over Greylock Mountain in western Massachusetts yesterday, conducted experiments with a cloud three miles long, and were successful in transforming the cloud into snow. — Ginger Strand

I became a so-called science fiction writer when someone decreed that I was a science fiction writer. I did not want to be classified as one, so I wondered in what way I'd offended that I would not get credit for being a serious writer. I decided that it was because I wrote about technology, and most fine American writers know nothing about technology. I got classified as a science fiction writer simply because I wrote about Schenectady, New York. My first book, Player Piano, was about Schenectady. There are huge factories in Schenectady and nothing else. I and my associates were engineers, physicists, chemists, and mathematicians. And when I wrote about the General Electric Company and Schenectady, it seemed a fantasy of the future to critics who had never seen the place. — Kurt Vonnegut

If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do. — Warren Buffett

More than 30 of America's 100 nuclear power reactors have the same brand of General Electric reactors or containment system used in Fukushima. — Bill Dedman

I'm out talking about this company (General Electric) seven days a week, 24 hours a day, with nothing to hide. We're a 130-year-old company that has a great record of high-quality leadership and a culture of integrity. — Jeffrey R. Immelt

In the 1980s and 1990s, Jack Welch, the CEO of General Electric, laid off over 100,000 employees. His reward? When he retired from GE, he received a golden parachute of over $400 million dollars. This is the kind of corporate greed and irresponsibility that is destroying the middle class and must be ended. — Bernie Sanders

Take General Electric, for instance. Its happy ad jingle, "We Bring Good Things to Life," doesn't tell you that GE has been (1) a major maker of nuclear weapons parts, — Gloria Steinem

The most common definition of [the word information] is: the action of informing; formation or molding of the mind or character, training, instruction, teaching; communication of instructive knowledge.
This definition remained fairly constant until the years immediately following World War II, when it came in vogue to use 'information' as a technological term to define anything that was sent over an electric or mechanical channel. 'Information' became part of the vocabulary of the science of messages. And, suddenly, the appellation could be applied to something that didn't necessarily have to inform. This definition was extrapolated to general usage as something told or communicated, whether or not it made sense to the receiver. Now, the freedom engendered by such an amorphous definition has, as you might expect, encouraged its liberal deployment. It has become the single most important word of our decade, the suspense of our lives and our work. — Richard Saul Wurman

I have always consistently opposed high-tension and alternating systems of electric lighting ... not only on account of danger, but because of their general unreliability and unsuitability for any general system of distribution. — Thomas A. Edison

General Electric rather miraculously came back with a bid of $554,000. But Westinghouse, whose AC system was inherently cheaper and more efficient, bid $399,000. The exposition went with Westinghouse, and helped change the history of electricity. — Erik Larson

Much of the big media outlets in North America are owned by arms manufacturers, like Westinghouse, or G.E. [General Electric]. That's unacceptable. So we're not getting editorial policy, we're not getting a vision of truth. People just don't know what is going on anymore, and that's really dangerous stuff. — Denis Halliday

No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric. — John Kenneth Galbraith

the laboratories established by German pharmaceutical and dye manufacturers in the 1880s and 1890s as the first truly institutionalized research laboratories, and to General Electric's 1900 laboratory as the pioneer in America.17 — Josh Lerner

Legalize racing in every State. Sure people will bet, but they get to see the horses run and you certain can't see General Motors and General Electric and General Utility run when you bet on them. — Will Rogers

Official Washington cannot tell the American people that the real purpose of its gargantuan military expenditures and belligerent interventions is to make the world safe for General Motors, General Electric, General Dynamics, and all the other generals. — Michael Parenti

(When the company was finally broken up in the 1980s to satisfy antitrust regulators, it was worth more than the combined worth of General Electric, General Motors, Ford, IBM, Xerox, and Coca-Cola, and employed a million people.) Bell moved to Washington, D.C., became — Bill Bryson

According to the L.A. Times, Attorney General John Ashcroft wants to take "a harder stance" on the death penalty. What's a harder stance on the death penalty? We're already killing the guy? How do you take a harder stance on the death penalty? What, are you going to tickle him first? Give him itching powder? Put a thumbtack on the electric chair? — Jay Leno

While in general I avoid the use of torture - torture locates the opponent and mobilizes resistance - the threat of torture is useful to induce in the subject the appropriate feeling of helplessness and gratitude to the interrogator for withholding it. And torture can be employed to advantage as a penalty when the subject is far enough along with the treatment to accept punishment as deserved. To this end I devised several forms of disciplinary procedure. One was known as the Switchboard. Electric drills that can be turned on at any time are clamped against the subject's teeth; and he is instructed to operate an arbitrary switchboard, to put certain connections in certain sockets in response to bells and lights. Every time he makes a mistake the drills are turned on for twenty seconds. The signals are gradually speeded up beyond his reaction time. Half an hour on the Switchboard and the subject breaks down like an overloaded thinking machine. — William S. Burroughs

General Electric backed the Carousel of Progress, which featured an Audio-Animatronic housewife, standing in her futuristic kitchen, singing about a great big beautiful tomorrow. — Eric Schlosser

Although Herbert Hoover in many ways prefigured him, it was Franklin D. Roosevelt who first tried to create an explicit corporate state in America with his National Recovery Administration (NRA). With its fascist-style Blue Eagle emblem, the NRA coordinated big business and labor in a central plan, and outlawed competition. The NRA even employed vigilante groups to spy on smaller businesses and report if they violated the plan. Just as in Mussolini's Italy, the beneficiaries of the U.S. corporate state were - in addition to the government itself - established economic interest groups. NRA cheerleaders included the National Association of Manufacturers, the U.S. Chamber of Commerce, the American Bar Association, the United Mine Workers, the Amalgamated Clothing Workers, and - above all - Gerard Swope of General Electric, who helped draft the NRA act. Only — Ludwig Von Mises

He liked however the open shutters; he opened everywhere those Mrs. Muldoon had closed, closing them as carefully afterwards, so that she shouldn't notice: he liked
oh this he did like, and above all in the upper rooms!
the sense of the hard silver of the autumn stars through the window-panes, and scarcely less the flare of the street-lamps below, the white electric lustre which it would have taken curtains to keep out. This was human actual social; this was of the world he had lived in, and he was more at his ease certainly for the countenance, coldly general and impersonal, that all the while and in spite of his detachment it seemed to give him. — Henry James

During the 1950s, I decided, as did many others, that many practical problems were beyond analytic solution and that simulation techniques were required. At RAND, I participated in the building of large logistics simulation models; at General Electric, I helped build models of manufacturing plants. — Harry Markowitz

We're taught to talk about the world as a world of as states conceived as unified, coherent entities. If you study international relations (IR) theory, there's what's called "realist" IR theory, which says there is an anarchic world of states and states pursue their "national interest." It's in large part mythology. There are a few common interests, like we don't want to be destroyed. But, for the most part, people within a nation have very different interests. The interests of the CEO of General Electric and the janitor who cleans his floor are not the same. — Noam Chomsky

What's amazing to me? General Electric has a bigger budget for - special interest budget than all of the oil companies combined, and yet nobody says anything. — Glenn Beck

If you look at firms like General Electric or other large companies, they don't just do one thing; they do many different things to generate sources of revenue. — Jan Koum

I left the Middle West for Schenectady because the General Electric Company offered me a more congenial, better paying job than did anyone else. — Kurt Vonnegut

Jack Welch, the transformational former CEO of General Electric and business guru, says that an effective mission statement answers the question "How are we going to win in this business?" He believes, after years of experience, that this is the most effective way to convey your business' mission to the world, and that winning should be your business objective. — Devon Wilcox

I started my career at General Electric in a small office under a guy named Greg Liemandt, and his direct boss was Jack Welch. I would say those two have had the most profound impact on my career. — Peter Barris

I'll tell you who doesn't have any personal responsibility. Companies like General Electric and others who pay absolutely no income tax. — Michael Moore

When I worked with General Electric, again this was soon after the Second World War, you know, I was keeping up with new developments and they showed me a milling machine and this thing worked by punch cards - that's where computers were at that time, and everybody was sort of sheepish about how well this thing worked because in those days machinists were treated as though they were great musicians because they were virtuosos on these machines. — Kurt Vonnegut

Other examples of granfalloons are the Communist party, the Daughters of the American Revolution, the General Electric Company, the International Order of Odd Fellows - and any nation, anytime, anywhere. — Kurt Vonnegut

At great, great remove sit the head of General Electric, the head of News Corp, the head of Viacom, or the head of this giant international corporation that wants these ratings. — Norman Lear

From our group, we've had joint ventures with a lot of international companies: Procter & Gamble, General Electric, Sara Lee, currently with Hershey's and Tyson. We've learned a lot of the best practices. — Adi Godrej

Standing before costly objects of technological beauty, we may be tempted to reject the possibility of awe, for fear that we could grow stupid through admiration. We may feel at risk of becoming overimpressed by architecture and engineering, of being dumbstruck by the Bombardier trains that progress driverlessly between satellites or by the General Electric GE90 engines that hang lightly off the composite wings of a Boeing 777 bound for Seoul. And yet to refuse to be awed at all might in the end be merely another kind of foolishness. — Alain De Botton

USA belongs to a handful of men who also control the media. Look at General Electric. It produces nuclear weapons for the Pentagon and also owns the NBC News cable channel, which is a very sophisticated censure apparatus, intrinsic to the system. It's genius. It's like an electronic cage around the nation which blocks information from getting through. — Gore Vidal

General Electric.' It has a rather nice ring to it, doesn't it? — Graham Moore

In recent years a fashionable alternative to "make money and grow sales" was that organizational purpose was to steadily grow shareholder value. But now the king of shareholder value, General Electric's retired chairman Jack Welch, has acknowledged - thank goodness - that this is a result, not a strategy for achieving this result.2 Now — Jim Womack

General Electric, NBC's parent, is one of the largest corporations in the world, with an anti-labor history of outsourcing jobs and with financial links to military and nuclear power industries. — Bernie Sanders

Obstetrics went about improving the same way Toyota and General Electric went about improving: on the fly, but always paying attention to the results and trying to better them. And — Atul Gawande

The unsolved problems of the physical world now seem even more formidable than those solved in the twentieth century.

Though in application it works splendidly, we do not even understand the physical meaning of quantum mechanics, much less how it might be united with general relativity.

We don't know why the dimensionless constants (ratios of masses of elementary particles, ratios of strength of gravitational to electric forces, fine structure constant, etc.) have the values they do, unless we appeal to the implausible anthropic principle, which seems like a regression to Aristotelian teleology. — Gerald Holton

General Electric CEO Jack Welch said in Winning: No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards. — Eric Schmidt