Tag Archives: g.e.

  people unclear on the concept

Jack Welch: People Making Fun Of Me Is Worse Than A Siberian Gulag

What is up with conservatives and the First Amendment? For years now, all those people who love the Constitution so much they carry it around in the breast pockets of their bespoke suits have had this totally sane and logical notion that criticising someone for being an idiot is the same as taking away their freedom of speech. Logic, it is what’s for dinner! But Jack Welch — the poor little billionaire who axed a hundred thousand jobs as head of GE and now has only his plum perches at CNN and Fortune to huff away from — has taken his case to the Wall Street Journal, noted comforter of the comfortable and afflicter of the afflicted, and raised it to a whole new crazy. Imagine a country where challenging the ruling authorities—questioning, say, a piece of data released by central headquarters—would result in mobs of administration sympathizers claiming you should feel “embarrassed” and labeling you a fool, or worse. Soviet Russia perhaps? Communist China? Nope, that would be the United States right now, when a person (like me, for instance) suggests that a certain government datum (like the September unemployment rate of 7.8%) doesn’t make sense. Oh. Oh my. Read more on Jack Welch: People Making Fun Of Me Is Worse Than A Siberian Gulag…
  the hydra head

G.E. So Good At Evading Corporate Taxes That IRS Owes G.E. $3.2 Billion

This is going to get repetitive, we’re afraid, but every aspect of the “financial crisis” in the United States is due to corporations not paying taxes and the very richest .01% individuals not paying taxes. That’s it, that’s the whole thing — your crumbling schools, your sinkhole highways, your abandoned state parks, the laid-off city maintenance worker who leaps to his death in Costa Mesa after half the town’s workforce is replaced by hourly contractors and the mayor hires a $12,000-a-month P.R. manager, everything. General Electric, America’s largest corporation and the second-biggest company on Earth, simply does not pay any taxes at all. You try that! Read more on G.E. So Good At Evading Corporate Taxes That IRS Owes G.E. $3.2 Billion…