FLASHBACK: GE Files 57,000-Page Tax Return, Pays No Taxes on $14 Billion in Profits...
Protesters chant: 'Pay your fair share'...
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Way to out source. :icon_roll:
GE is Moving from Wisconsin ...
Keep your eye on Waukesha, Wisconsin ....their biggest employer just moved out.
General Electric is planning to move its 115-year-old X-ray division from Waukesha , Wis. to Beijing CHINA.
In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers.
This is the same GE that made $5.1 billion in the United States last year, but paid no taxes
The same company that employs more people overseas than it does in the United States .
So let me get this straight. President Obama appointed GE Chairman Jeff Immelt to head his commission on job creation (job czar). Immelt is supposed to help create jobs.
I guess the President forgot to tell him in which country he was supposed to be creating those jobs. Thanks, Jeff, you're a "real" American...give Barrack our Best!
If this doesn't show you the total lack of leadership of this President, I don't know what does. Please pass this information to others and think about it before you buy a GE product.
This move was not necessary and could have created jobs here in the USA.
For Snopes verification of this information, goto:
http://www.snopes.com/politics/business/ge.asp
How can the job czar do his job when the presidents economic panel hasn't met in 6 months.