General Electric a household name, one that we’ve cherished in our hearts as a company that is truly an American Icon. A company who has grown into a global infrastructure and from all appearances has become the giant that can take on the toughest most difficult challenges of our time.
Is it possible the global giant has long lost its Patriotism and loyalty to our Nation? Although based in the USA, G.E. has lost its identity! None of us know much about General Electric anymore and it seems they’ve joined ranks with those who wish harm upon our Country.
Their values have changed and their moral perception has gone down the tubes for they have relegated America to the ancient history shelves.
G.E. orchestrated thru lobbying a series of tax breaks actually alienating themselves as a strong leader of our community? It’s on record that G.E. although posting a loss in 2009 has taken a lion’s share of American profits to the tune of about 26 billion dollars along with that they’ve received a net tax benefit from the I.R.S. of over 4 billion.
Should we continue embracing a company like G.E. that avoids taxes by transferring domestic manufacturing overseas and continues doing business as usual overseas which in turn discourages hiring in the United States at the same time tromping on investment.
We’re not talking about the homegrown company of 130 years ago – we talking about an “octopus” that spent millions of dollars lobbying for the “Cap N Trade” scheme of Obama’s Administration. They have joined with Obama for two reasons; (1) Tax credits they will receive, and (2) The fact that G.E. is manufacture of the largest wind turbine generator.
Another long arm of G.E. has been the purchase of NBC Universal snatching up 51% of the shares in order to control our news media. Yes, there’s other monopolies controlling our news media just to mention a few, Disney, Viacom International Inc., Westinghouse/CBS Inc. and by the way the “MS” in MSNBC means Microsoft, but does the fact that others have followed in G.E.’s footsteps give General Electric a “get out of jail free card?
By now, you’re probably starting to understand who controls the news media and why journalists are nailed to the cross of “Liberalism.” The scariest part of all is the way General Electric has taken control of the White House under Obama’s regime. Taxpayers have a right to ask G.E. many questions during these harsh economic times.
Does G.E. owe back taxes – that of course will be an ongoing debate? Did Obama appoint Jeffrey R. Immelt, the chairman and chief executive of General Electric Co. to be an outside economic adviser? Yes Obama has asked Jeffrey R. Immelt to be one of his right hand job creating czars.
Good old Jeffrey is responsible for laying off Americans, correct me if I’m wrong, but I believe about 18,000 jobs were lost do to General Electric’s layoffs.
Wasn’t General Electric one of the very first to request a waiver from Obamacare? Why would they receive immunity from this albatross? Why did Obama stop by to visit India while on his Asian tour? I believe that Obama said the reason he stopped off in India during his Asian trip was to try to secure a G. E. turbine contract from India.
How many billion did G.E. receive from TLGP (Temporary Liquidy Guarantee Program) oh its believed to be in the ball park of about 340 billion or more?
Furthermore, there weren’t any restriction placed on Immelt’s salary. G.E. can crow about being the recipient of many, many stimulus grants, but for me I feel nothing but shame for a company who is a disgrace to America.
It’s pretty evident that G.E. has lost their loyalty to the USA along the way and during that interim they’ve taken control of the White House and some of our news media.
For me I’m thinking old Edison would be turning over in his grave about now due to the shame he must be feeling about G.E. Frankly, I’m feeling the shame too and it is becoming evident why we are under control of many of the corporate giants.
I t wouldn’t help to yell and scream, but you could go to this site and write a review about General Electric.
Or you could take a minute to call them at +1 203 373 2211 and better yet go to this site which is for feedback and inquiries.
Taxpayers now know where billions of their dollars are going for there are many corporations in America doing business just like General Electric. Can we stop them; absolutely not we’re only the pawns in their game of chess.
May God Bless America