 |
 GE General Electric CN50 CN60 3 Deck Pizza Oven $2,500.00 Time Remaining: 29d 3h 19m Buy It Now for only: $2,500.00 |
 General Electric Tabletop Fryer Model HK3 Basket Kitchen Deep Restaurant $24.95 Time Remaining: 19h 32m |
 General Electric XND17X10 Steam Solenoid Valve 3 4 120V $226.72 Time Remaining: 6d 4h 7m Buy It Now for only: $226.72 |
 GENERAL COUNTER TOP ELECTRIC GRIDDLE $259.00 Time Remaining: 3d 18h 31m Buy It Now for only: $259.00 |
 General Electric Relay Magnetic 240v $20.00 Time Remaining: 2d 1h 19m Buy It Now for only: $20.00 |
 General Electric 4 slot Toaster $195.00 Time Remaining: 14d 1h 37m Buy It Now for only: $195.00 |
 General Electric 349384 1 Pump Seal $30.29 Time Remaining: 6d 4h 4m Buy It Now for only: $30.29 |
 General Electric XNC12X204 Fryer Element 240V 5500W $144.55 Time Remaining: 6d 4h 5m Buy It Now for only: $144.55 |
 General Electric Broiler Grill Model CR 40 $499.00 Time Remaining: 20d 11m Buy It Now for only: $499.00 |
 General Electric XND19X32 Pump Seal $30.29 Time Remaining: 6d 4h 7m Buy It Now for only: $30.29 |
 General Electric XNC5X4 Infinite Switch 240V 15A $35.16 Time Remaining: 6d 4h 6m Buy It Now for only: $35.16 |
 General Electric CX206 Twin Basket 12 1 8L 6 3 8W 5 3 8D $49.08 Time Remaining: 6d 4h 4m Buy It Now for only: $49.08 |
 General Electric XNC11X144 Warmer Element 208V 1600W 18 X 8 1 2 $45.36 Time Remaining: 6d 4h 5m Buy It Now for only: $45.36 |
 General Slicing Red Goat Disposers SM 9A Electric $399.00 Time Remaining: 13d 20h 15m Buy It Now for only: $399.00 |
 General Electric XNC11X22 Warmer Element 208V 1000W 18 X 8 1 2 $41.64 Time Remaining: 6d 4h 5m Buy It Now for only: $41.64 |
 General Electric HX100 Twin Basket 9 3 8L 4 3 4W 5 3 8D $48.69 Time Remaining: 6d 4h 5m Buy It Now for only: $48.69 |
 General Electric HX99 Twin Basket 9 3 8L 4 3 4W 5 3 8D $49.08 Time Remaining: 6d 4h 5m Buy It Now for only: $49.08 |
 General Electric CX207 Twin Basket 12 1 8L 6 3 8W 5 3 8D $49.08 Time Remaining: 6d 4h 4m Buy It Now for only: $49.08 |
 General Electric XNC5X5 Infinite Switch 208V 15A $32.50 Time Remaining: 6d 4h 6m Buy It Now for only: $32.50 |
 General Electric XNC10X2 Warmer Element 115V 1000W $35.16 Time Remaining: 6d 4h 5m Buy It Now for only: $35.16 |
 General Electric XNC12X23 Warmer Element 240V 1000W $41.64 Time Remaining: 6d 4h 5m Buy It Now for only: $41.64 |
 General Electric XNC12X164 Warmer Element 240V 1600W 18 X 8 1 2 $42.68 Time Remaining: 6d 4h 5m Buy It Now for only: $42.68 |
 General Electric XNC32X4 Oven Timer $35.68 Time Remaining: 6d 4h 6m Buy It Now for only: $35.68 |
 General Electric XNC10X71 Warmer Element 115V 1600W $49.08 Time Remaining: 6d 4h 5m Buy It Now for only: $49.08 |
 GENERAL ELECTRIC COMMERCIAL FRENCH TOP OVEN COMBO $799.00 Time Remaining: 1d 21h 54m Buy It Now for only: $899.00 |
 General Electric XNC11X9 Griddle Element 208V 1025W $40.69 Time Remaining: 6d 4h 5m Buy It Now for only: $40.69 |
 General Electric XNC25X20 Signal Light 11 16 Red 250V $53.14 Time Remaining: 6d 4h 6m Buy It Now for only: $53.14 |
 General Electric XNC12X9 Griddle Element 230V 1025W $40.69 Time Remaining: 6d 4h 5m Buy It Now for only: $40.69 |
 General Electric XNC11X155 Griddle Element 208V 2700W $45.88 Time Remaining: 6d 4h 5m Buy It Now for only: $45.88 |
 General Electric XNC12X183 Griddle Element 230V 2700W $45.88 Time Remaining: 6d 4h 5m Buy It Now for only: $45.88 |
 General Electric XNC8X74 Thermostat S 3 16 X 12 3 4 36 $78.08 Time Remaining: 6d 4h 6m Buy It Now for only: $78.08 |
 General Electric XND16X50 Rinse Thermometer 2 100 220F Front Flan $64.24 Time Remaining: 6d 4h 7m Buy It Now for only: $64.24 |
 General Electric XNC11X240 Griddle Element 208V 2700W $63.34 Time Remaining: 6d 4h 5m Buy It Now for only: $63.34 |
 General Electric XNC8X67 Thermostat S 3 16 X 10 36 $66.18 Time Remaining: 6d 4h 6m Buy It Now for only: $66.18 |
 General Electric XNC11X156 Griddle Element 208V 4000W $65.29 Time Remaining: 6d 4h 5m Buy It Now for only: $65.29 |
 General Electric XND13X11 Dishwasher Heater 480V 5000W 2 Npt $286.57 Time Remaining: 6d 4h 7m Buy It Now for only: $286.57 |
 General Electric XND14X9 Dishwasher Heater 240V 5000W 2 Npt $286.57 Time Remaining: 6d 4h 7m Buy It Now for only: $286.57 |
 General Electric XNC8X93 Thermostat Sp 3 16 X 6 7 16 14 $86.76 Time Remaining: 6d 4h 7m Buy It Now for only: $86.76 |
 General Electric XNC6X126 Contactor 4P 30 40A 120V $64.64 Time Remaining: 6d 4h 6m Buy It Now for only: $64.64 |
 General Electric XNC11X126 Oven Element 208V 3333W $85.05 Time Remaining: 6d 4h 5m Buy It Now for only: $85.05 |
 General Electric XNC8X68 Thermostat S 3 16 X 8 3 8 36 $91.13 Time Remaining: 6d 4h 6m Buy It Now for only: $91.13 |
 General Electric XNC32X33 Timer $95.09 Time Remaining: 6d 4h 6m Buy It Now for only: $95.09 |
 General Electric XNC11X175 Broiler Element 208V 3000W $70.31 Time Remaining: 6d 4h 5m Buy It Now for only: $70.31 |
 General Electric XNC11X239 Griddle Element 208V 4000W $71.20 Time Remaining: 6d 4h 5m Buy It Now for only: $71.20 |
 General Electric XNC8X1 Thermostat Knp 5 32 X 8 1 4 36 $104.98 Time Remaining: 6d 4h 6m Buy It Now for only: $104.98 |
 General Electric XND16X49 Wash Thermometer 2 100 220 Front Flang $69.42 Time Remaining: 6d 4h 7m Buy It Now for only: $69.42 |
 General Electric XND16X2 Vacuum Breaker $77.60 Time Remaining: 6d 4h 7m Buy It Now for only: $77.60 |
 General Electric XNC8X91 Safety Thermostat Lch 1 4 X 6 1 2 30 $90.32 Time Remaining: 6d 4h 7m Buy It Now for only: $90.32 |
 GENERAL ELECTRIC FRYER $395.00 Time Remaining: 5d 15h 58m |
 General Electric XNC8X86 Thermostat S 3 16 X 8 3 8 36 $91.13 Time Remaining: 6d 4h 7m Buy It Now for only: $91.13 |
 General Electric XNC12X268 Griddle Element 230V 2700W $63.34 Time Remaining: 6d 4h 5m Buy It Now for only: $63.34 |
 General Electric XNC8X80 Thermostat Sa 3 16 X 10 36 $89.83 Time Remaining: 6d 4h 7m Buy It Now for only: $89.83 |
 General Electric XNC11X167 Oven Element 208V 3400W $117.13 Time Remaining: 6d 4h 5m Buy It Now for only: $117.13 |
 General Electric XNC8X134 Thermostat Sa 1 8 X 23 3 16 36 $119.39 Time Remaining: 6d 4h 6m Buy It Now for only: $119.39 |
 General Electric XND5X1 Contactor W Enclosure $91.13 Time Remaining: 6d 4h 7m Buy It Now for only: $91.13 |
 General Electric XNC8X73 Thermostat Kx 3 16 X 11 5 8 24 $120.51 Time Remaining: 6d 4h 6m Buy It Now for only: $120.51 |
 General Electric XNC8X90 Thermostat Kx 3 16 X 11 5 8 24 $120.51 Time Remaining: 6d 4h 7m Buy It Now for only: $120.51 |
 General Electric XNC11X125 Oven Element 208V 3333W $94.61 Time Remaining: 6d 4h 5m Buy It Now for only: $94.61 |
 General Electric XNC11X127 Oven Element 208V 3333W $85.05 Time Remaining: 6d 4h 5m Buy It Now for only: $85.05 |
 General Electric XNC14X61 Oven Element 480V 3400W $117.13 Time Remaining: 6d 4h 5m Buy It Now for only: $117.13 |
 General Electric XND3X4 Contactor W Enclosure $91.13 Time Remaining: 6d 4h 7m Buy It Now for only: $91.13 |
 General Electric XND5X4 Contactor W Enclosure $136.72 Time Remaining: 6d 4h 7m Buy It Now for only: $136.72 |
 General Electric XNC8X81 Thermostat Sa 3 16 X 6 7 16 24 $89.42 Time Remaining: 6d 4h 7m Buy It Now for only: $89.42 |
 General Electric XNC12X127 Oven Element 236V 3333W $75.49 Time Remaining: 6d 4h 5m Buy It Now for only: $75.49 |
 General Electric XND16X5 Vacuum Breaker $77.60 Time Remaining: 6d 4h 7m Buy It Now for only: $77.60 |
 General Electric XNC8X119 Thermostat Kxa 3 16 X 6 7 16 24 $104.65 Time Remaining: 6d 4h 6m Buy It Now for only: $104.65 |
 General Electric XNC35X11 Motor 230V 1 3Hp 1P 1725 $601.47 Time Remaining: 6d 4h 6m Buy It Now for only: $601.47 |
 General Electric XNC8X113 Thermostat Kx 3 16 X 11 5 8 12 $118.31 Time Remaining: 6d 4h 6m Buy It Now for only: $118.31 |
 General Electric CX311 Oven Rack 20 1 2 F B X 28 L R $81.65 Time Remaining: 6d 4h 5m Buy It Now for only: $81.65 |
 General Electric XNC38X11 Blower Wheel 9 7 8D X 2 3 16W 5 8 $83.84 Time Remaining: 6d 4h 6m Buy It Now for only: $83.84 |
 General Electric XND16X1 Rapid Action Valve 1 2 $194.29 Time Remaining: 6d 4h 7m Buy It Now for only: $194.29 |
 GENERAL ELECTRIC FRYER $395.00 Time Remaining: 6d 23h 11m |
 General Electric XNC8X69 Thermostat D1 D18 3 16 X 14 1 8 3 $154.68 Time Remaining: 6d 4h 6m Buy It Now for only: $154.68 |
 General Electric XNC8X12 Thermostat K 3 16 X 10 72 $156.27 Time Remaining: 6d 4h 6m Buy It Now for only: $156.27 |
 General Electric XNC11X124 Oven Element 208V 10000W $354.59 Time Remaining: 6d 4h 5m Buy It Now for only: $354.59 |
 General Electric XNC35X22 Motor 230V 1 3Hp 1P 1725 $601.47 Time Remaining: 6d 4h 6m Buy It Now for only: $601.47 |
 General Electric XNC8X20 Thermostat K 3 16 X 10 72 $156.27 Time Remaining: 6d 4h 6m Buy It Now for only: $156.27 |
 General Electric XNC8X102 Safety Thermostat Lch 1 4 X 6 1 2 30 $113.49 Time Remaining: 6d 4h 6m Buy It Now for only: $113.49 |
 General Electric XNC8X78 Thermostat W Dial Kxp 3 16 X 6 1 2 24 $119.72 Time Remaining: 6d 4h 6m Buy It Now for only: $119.72 |
 General Electric XNC8X101 Safety Thermostat Lch 1 4 X 6 1 2 30 $113.49 Time Remaining: 6d 4h 6m Buy It Now for only: $113.49 |
 General Electric XNC11X148 Range Element 208V 5300W $94.61 Time Remaining: 6d 4h 5m Buy It Now for only: $94.61 |
 General Electric XNC12X128 Oven Element 236V 3333W $98.91 Time Remaining: 6d 4h 5m Buy It Now for only: $98.91 |
 General Electric XNC12X129 Oven Element 236V 3333W $93.72 Time Remaining: 6d 4h 5m Buy It Now for only: $93.72 |
 General Electric XNC12X174 Range Element 240V 5300W $103.12 Time Remaining: 6d 4h 5m Buy It Now for only: $103.12 |
 General Electric XNC12X184 Griddle Element 230V 4000W $88.61 Time Remaining: 6d 4h 5m Buy It Now for only: $88.61 |
 General Electric XNC12X195 Oven Element 240V 3400W $117.13 Time Remaining: 6d 4h 5m Buy It Now for only: $117.13 |
 General Electric XNC13X144 Range Element 480V 5300W $119.72 Time Remaining: 6d 4h 5m Buy It Now for only: $119.72 |
 General Electric XNC4X44 Oven Rack 20 1 2 F B X 28 L R $81.65 Time Remaining: 6d 4h 6m Buy It Now for only: $81.65 |
 General Electric XNC8X103 Safety Thermostat Lcc 1 4 X 6 1 2 30 $122.39 Time Remaining: 6d 4h 6m Buy It Now for only: $122.39 |
 General Electric XNA5X2 Water Inlet Relay 4P 8 16A 115 230V $294.22 Time Remaining: 6d 4h 5m Buy It Now for only: $294.22 |
 General Electric XNC12X126 Oven Element 236V 10000W $306.18 Time Remaining: 6d 4h 5m Buy It Now for only: $306.18 |
 NEW General Electric Commerial Warming Light Drawer Warmer Model CF24 $699.99 Time Remaining: 7d 20h 11m Buy It Now for only: $699.99 |
 DOUBLE ELECTRIC DEEP FAT FRYERS BY GENERAL ELECTRIC $1,450.00 Time Remaining: 17d 23h 27m Buy It Now for only: $1,450.00 |
 GENERAL ELECTRIC HIGH TEMP COMM DISH WASHER $1,750.00 Time Remaining: 22d 5h 19m Buy It Now for only: $1,750.00 |
General Electric
General Electric, Aig And The Cleansing Effects Of Crisis: Part I
Justice Litle, Editorial Director, Taipan Publishing Group
Could there be any possible upside to global recession and market declines to rival the Great Depression? Believe it or not, the answer is yes... General Electric gives answer as to why.
Though it seems hard to believe at times, there are positive aspects to a crisis. Just as nature renews itself through a cycle of death and rebirth, markets have to renew themselves too.
A classic example of renewal in nature is the routine forest fire. Over time, brush and debris build up on the forest floor. Meanwhile, old growth trees dominate the landscape. When fire comes, the brush and debris burn up like a fuel - as do the trees that have weakened or died over the years.
Then, after the fire burns itself out, the forest begins the cycle anew. The debris and dead wood of the past cycle have been naturally cleared, making room for new growth. The forest grows back in a healthier state than before.
Those of us in the western U.S. are painfully aware of how man has botched this natural cycle. Through a constant pattern of suppressing small fires, hapless forest managers created the conditions in which BIG fires occur.
When debris and dead wood are burned out every few years - as happens with nature's way - the fuel build-up never reaches catastrophic levels. But when a forest area is allowed to accumulate layer after layer of dry fuel, turned into a tinderbox through many years of overzealous fire suppression, a single spark can touch off an inferno.
At a cost of untold billions in rampant fire destruction, forest managers seem to have learned the hard lessons. But the movers and shakers of global monetary policy have not. Refusing to allow for a downturn - suppressing it at all costs with easy money - is the economic equivalent of overzealous fire suppression. Let the "debris" of bad behavior, bad ideas and bull market hubris build up for too long, and what you get is a tinderbox.
Through poor stewardship of resources, a constant feeding of dry tinder and an utter disregard for risk, we created the conditions that now feed this inferno. Not just one man did this, but many men... Alan Greenspan not least among them, plus a virtual conga line of successors and enablers that followed.
Fire Still Works
So the bad news is, we've got our inferno. The fires are raging now. What else can you call it when the S&P is down more than 60% (!) from inflation-adjusted highs and the World Bank predicts a shrinking of the global economy this year for the first time since World War II.
The good news is that fire still works as a cleansing element.
A number of gross excesses, bad ideas and flat-out rotten Wall Street practices, born of a long and cushy bull market run, are turning to ash now, hopefully never to return. This is the good that comes of all this pain. So when you look around and wonder whether the incredible wealth destruction was worth it, for the most part the answer is "no" - no one really needed this. But in at least some respects the answer is yes.
That old market stalwart, General Electric (GE:NYSE), is a clear example of the cleansing process at work.
In keeping with our fire analogy, GE has been burnt to a cinder. The mighty colossus that once went head to head with Exxon (XOM:NYSE) for the title of "world's largest company" now sports a market cap on par with Apple Computer ."
As a business, General Electric has a bit of a split personality. One side builds things, invents things and repairs things. The other side engages in mysterious acts of financial engineering. The troubles now are not to be found in the jet engine or light bulb side of the business. They are in GE Capital , the mysterious financial entity with disclosures so complex that analysts never truly understood it from day one.
Much as a magician pulls a rabbit out of a hat, for many years GE Capital was the black box from which the company pulled out perfectly managed earnings. Quarter after quarter, General Electric would beat estimates by a penny or two - just like clockwork.
Jack Welch, the current CEO's legendary predecessor, pulled off this smoothing trick by moving things around on the GE Capital side with an eye for gaming the quarter. Assets would be sold or shuffled around to get the numbers just right.
Now that the world has met Bernie Madoff we're all a little more distrustful of perfectly smooth trends. But back in the halcyon days of the late 20th century bull market, managed earnings were seen as a good thing, not a bad thing.
The Wall Street analysts covering GE may not have been geniuses, but they certainly weren't idiots. They knew there was a fair amount of hocus-pocus going on... and they knew GE Capital's disclosures were too complex to be reasonably understood. But Wall Street loved the reliability of that penny or two beat, quarter after quarter, which is why Jack Welch did it. And he was feted as a hero for it.
Some Habits Just Have to Die
Let's not put any gloss on it: The whole concept of "managed earnings" is dumb.
In the real world, things move around. Earnings go up and earnings go down. Apart from businesses that rely exclusively on locked-in contracts with minimal fluctuation in labor costs and material inputs, hardly any business makes the same amount of profit every single quarter. The idea that a company could hit its estimated target bang on the nose every single quarter, without fail, is silly too. The real world is unpredictable. The real world is lumpy.
But investors like preternatural stability - or at least they thought they did, pre-Madoff - and so they happily accepted the managed earnings process that Welch pioneered. They smiled and nodded and happily ignored the fact that fully half of General Electric's earnings came from a strangely high-handed entity (GE Capital) that no analyst understood.
These are the kind of bad habits and bull market indulgences we can say goodbye to as a result of the current crisis.
Old habits die hard - sometimes too hard - and it can often take a massive, wrenching dislocation to remove them. (Some refer to this as "the moment of forced awareness." One bumper sticker I like reads, "Avoid painful forced awareness: accept reality now.")
Now that General Electric has been laid low and forced to ponder the very real risk of its own demise, it is unlikely that the bad old ways of GE Capital will return. And now that investors have taken a collective frying pan to the face as payback for their artificial smoothness addiction, it is unlikely that black boxes will be playing a large role in the post-crisis markets to come.
Reason to Take Hope
All in all, the humbling of General Electric gives us reason to take hope. As mentioned, the jet engine and light bulb side of the business - the bringing good things to life side - will probably survive, and perhaps down the road even thrive once again.
And so when the question arises, "What good has come of this crisis," we can at least point out that the likes of managed earnings, black boxes, and off-balance-sheet shenanigans are set to go the way of the dodo. The absence of such things will make for a sounder economy and a better investing future.
And we can further point out that, as stubborn and foolish as investors can be on a collective basis, if you hit them hard enough over the head they can still learn something. In rooting out and burning up the entrenched bad habits of yesteryear, the odds are improved for a better tomorrow.
This represents the "silver lining" side of things. Next we'll take a closer look at the AIG mess and plunge into the dark cloud.
http://www.taipanpublishinggroup.com/taipan-daily-031009.html
About the Author
Justice Litle is editorial director for Taipan Publishing Group. He is also a regular contributor to Taipan Daily, a free investing and trading e-letter, and editor of Taipan's Safe Haven Investor. He is the founder and editor of Taipan’s newest research advisory service, Justice Litle’s Macro Trader.
Where can I find attachments (egg beater) for a General Electric sitting kitchen mixer?
I have searched on their site and my mixer (which was made in the 90's is not on it), I have also searched ebay, Bed, Bath and Beyond, Walmart and Target. Any store suggestions?
Try your local appliance repair parts store. They won't have it in stock, but they will sure order it for you unless the parts are no longer available. Make sure you take the model # with you because they will need it to pull up the parts list.
GE Theater Introduction