No one really wants to report on what GE’s approach to taxes is. To the extent they do, they accept GE’s explanation unquestioningly. But if the AP had a sense of what GE’s real approach to taxes is, they would never have fallen for the hoax in the first place.
|By: emptywheel Wednesday April 13, 2011 3:01 pm|
|By: Jim White Thursday March 31, 2011 8:00 pm|
I don’t understand why Little Melting Jeff is so mean to our government. His company made $14 billion last year, but they won’t give any of that money to the government. Companies like Little Melting Jeff’s are a big reason why our government doesn’t have enough money.
|By: emptywheel Sunday January 23, 2011 6:30 am|
I spent much of the day Friday pointing out how stupid it was for Obama to put outsourcer, China nut, and TBTF bankster Jeff Immelt in charge of his Council on Jobs and Competitiveness. Meanwhile, Paul Krugman and Robert Reich have been focusing on Obama’s frame for the problem as “competitiveness.”
|By: emptywheel Friday January 21, 2011 1:20 pm|
Immelt and GE aren’t about building the jobs American needs (for graphic representation of that, see this post). Rather, they’re about transforming the fruits of American manufacturing into yet more destabilizing casino games.
|By: emptywheel Friday January 21, 2011 6:02 am|
No matter how many times GE’s CEO Jeff Immelt gets up on a podium or in an op-ed and feigns an interest in American jobs, his actions make him the poster child for everything wrong with the U.S. economy right now.
And that’s what Obama is rolling out, as he moves into campaign mode, to convince Americans he’s going to do a damn thing about jobs.