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. 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. If this doesn't show you the total lack of leadership of this President, I don't know what does.
A pretty clear example of a complete lack of leadership from our President. Removing Immelt from his position would be the smart thing to do, the logical thing to do, and the right thing to do. But, I guess it's so much easier to blame the other side of the aisle for not creating jobs.
Our countries 'Job Czar' is killing jobs and investing overseas. This should be front page stuff, but for some reason it goes largely ignored.
I agree with Congressman Kucinich on this one.........
“As 14 million Americans struggle with unemployment, General Electric, under Mr. Immelt’s leadership, is exporting highly-sophisticated technology to the Chinese in order to book short-term profits for GE. GE strives mightily to avoid paying federal income taxes, but goes ‘all in’ on a deal to transfer U.S. government-subsidized technology
to the Chinese. Jeffrey Immelt has a conflict of interest. He cannot ethically advise the President on how to create American jobs and promote American competiveness, while at the same time leading a company that is exporting American technology and, along with it, American jobs,” said Kucinich.
OmniScience wrote: A pretty clear example of a complete lack of leadership from our President. Removing Immelt from his position would be the smart thing to do, the logical thing to do, and the right thing to do. But, I guess it's so much easier to blame the other side of the aisle for not creating jobs.
Our countries 'Job Czar' is killing jobs and investing overseas. This should be front page stuff, but for some reason it goes largely ignored.
I agree with Congressman Kucinich on this one.........
“As 14 million Americans struggle with unemployment, General Electric, under Mr. Immelt’s leadership, is exporting highly-sophisticated technology to the Chinese in order to book short-term profits for GE. GE strives mightily to avoid paying federal income taxes, but goes ‘all in’ on a deal to transfer U.S. government-subsidized technology
to the Chinese. Jeffrey Immelt has a conflict of interest. He cannot ethically advise the President on how to create American jobs and promote American competiveness, while at the same time leading a company that is exporting American technology and, along with it, American jobs,” said Kucinich.
Once again, more of our tax dollars wasted.
Pretty clear example that our president is a lying son-of-a-bitch. But we already knew that.
