Jul 29, 2011

CNN's Jack Cafferty: GE Moves $14 Billion Per Year X-Ray Business To China, And They Still Don't Pay Any U.S. Taxes - Home - The Daily Bail


Video - Jack Cafferty On GE's Latest Announcement - July 27, 2011

Jack is pissed off at CEO Jeff Immelt and rightfully so, as GE announced plans yesterday to offshore its massive radiology manufacturing business to China.  Cafferty and Blitzer also remind viewers that that GE paid no corproate income taxes for 2009 and 2010 despite making several billion in U.S.-based profits.  Don't forget that Immelt is the head of Obama's Jobs Council and a board member of the New York Federal Reserve.


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