General Electric, where the chairman of Obama’s “Council on Jobs and Competitiveness” Jeffrey Immelt is CEO, PAID ZERO TAXES ON ITS $14.5 BILLION PROFIT last year, and now they want a $3.2 billion tax rebate!
And in January, Barry “Suck-Up” Obama praised Immelt as a business leader who “understands what it takes for America to compete in the global economy.”
What it takes, evidently, is shifting profit and jobs abroad: Only one out of three GE workers is now based in the U.S., and almost two-thirds of the company’s profit is sheltered in its foreign operations.
Tag: GE
Mar 30 2011
Barry “Suck-Up” Obama’s New Daddy
Aug 05 2009
WTF Is Going On???
Big Orange has been all over the Birfers and Teabaggers of late, which I’ve found fairly boring and pointless, but then, I just follow for the news and occasional good analysis. They can bitch endlessly about anything they see as threatening to their cause. Whatever that is at this point.
I have been fairly intrigued with what’s happened with Keith O’s getting quashed on his Bill-O-Baiting by GE (which owns NBC) so that Bill-O would quit exposing their corporate hijinks in retaliation for getting his itty feewings hurt by Keith. I also found it fascinating yesterday when Keith, just back from vacation, informed Kossacks that Richard Wolffe wouldn’t be his live-in ‘independent’ analyst and occasional show-sitter anymore, given that Wolffe has been exposed as a corporate PR hack. Today, however, MSNBC’s management has contradicted Keith by stating they don’t mind at all if Wolffe wants to be their live-in ‘independent’ political analyst even if he’s on the payroll of the corporations that are often making the news being analyzed. Hmmm…