According to Snopes, this is TRUE: http://www.snopes.com/politics/business/ge.asp
According to our typical political scene of late, it's another example of either sheer stupidity or outright treason! Which one is it Obama?
> > 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 my heart could do my thinking And my head begin to feel, I would look upon the world anew And know what's truly real." Van Morrison
REAL EYES REALIZE REAL LIES
Aug 23, 2011
Corporatocracy GE & Jobs
Messages in this topic (1)