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Post by sbraney on Fri Aug 19, 2011 3:12 pm


Well, well, well, 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's get this straight. President Obama appointed GE Chairman Jeff
Immelt to head his commission on job creation (job czar). Maybe they neglected to indicate the country.

Why would anyone be surprised? So they're using their tax avoidance to invest in China?? We've allowed them to turn so many communities into ghettos after they've burned up the areas, destroyed families, abused our military to protect their ventures and caused so much misery while pillaging other countries as well as our own for resources and cheap labor, but it was sooo profitable --ladies and gentleman, is there anything more we can do to support the global investor class?

The final insult will be a depression era jolt when Wall Street knocks the little players off the board as they did in the 30s - hope this comes soon, because ALL Americans need the lightning to shock them out of their inertia. General Electric is the world's largest arms manufacturer - since these transnationals are stateless, will they eventually help build China's military? China also has the cash to purchase nuclear power plants. China is also world leader in renewable energy - since GE also builds turbines, they'll be set up, and eventually we'll be buying from China since we're now a third world nation that doesn't manufacture anything but death and destruction.


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