Posted on 08/30/2015 8:07:02 AM PDT by 2ndDivisionVet
Neither Dallas Mayor Mike Rawlings nor officials from General Electric would confirm on Friday reports that General Electric Co. had decided against relocating its global headquarters to the city because of Texas politicians’ opposition to the Export-Import Bank.
Republicans Rep. Jeb Hensarling and Sen. Ted Cruz have each been outspoken in their opposition to the Ex-Im Bank, a federal agency that offers loans, loan guarantees and credit insurance to help U.S. firms sell their products overseas.
Hensarling’s opposition to the bank has grown from a small movement two years ago to a full-scale rebellion, dismaying the bank’s supporters among major business lobbying groups. The bank’s charter expired June 30, and it had to suspend consideration of new deals...
(Excerpt) Read more at dallasnews.com ...
Word has it that Atlanta is making a major pitch to bring them here.
I have not even bought GE light bulbs for many years and I have 100s of Sylvania light bulbs stashed. Replaced last GE appliance last year. It is personal for me. Texas will be better off not having those sunny beaches in their midst.
What reports (rumors ?) is his reporter reporting on?
“Neither Dallas Mayor Mike Rawlings nor officials from General Electric would confirm on Friday reports that General Electric Co. had decided against relocating its global headquarters to the city because of Texas politicians’ opposition to the Export-Import Bank. “
I dumped my GE holdings 20 years ago.
The current CEO has Obama knee pads.
California was once the Golden State that business flocked to. It was conservative and pro business. But then people like Nancy Pelosi came here and other like her from states like Maryland and Connecticut.
Texas, Do you really want all these headquarter people from Connecticut?
Full disclosure, I have been a GE employee for 30 years.
GE is a multi-national corporation that has no loyalty to the USA by definition. They do what is best for GE. If that includes things that are bad for the USA or individual states, they don’t care. Whatever maximizes profits is what they will do. Nothing else matters. They are the epitome of the ruthless robber baron corporation.
It wasn’t always this way, but that is what they have become. I don’t even buy any of their products anymore.
We don’t want GE and their Marxists ilk here in Texas.
Their CEO is an Obama boot licker and scumbag democRAT.
This is proof GE has a social agenda.
Better yet, open a new Electrical equipment manufacturer to compete with GE and run them out of business. Bring jobs back to the US!
No but my house was full of GE appliances and now it has none. I do what I can.
Let them locate in a state that has an INCOME TAX and see how much their execs like it.
Why should a State accommodate an incoming Company's political stance rather than the incoming Company accommodating and accepting the state's political rightness?!?
Texas ain't New York...good luck finding a State Income Tax FREE 'liberal' leaning State.
GE, you've made your bed, now enjoy your resting place.
GE disses Texas for opposing the Import-Export Bank. That’s a Badge of Honor for Texans.
GE stands for “Government Electronics.”
Remember GE not paying taxes for at least the first two years of the obummer Admin? You know there had to be some serious knee and butt action going on there.
Loophole Helps GE Benefit From Bank Rescue Program
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/28/AR2009062802955.html
F.D.I.C. to Back $139 Billion in GE Capital Debt
http://dealbook.nytimes.com/2008/11/12/fdic-to-back-139-billion-in-ge-capital-debt/?_r=0
Corporate welfare queens
Screw GE. They are at the top of the crony capitalist heap. You don’t want that kind polluting Texas.
GE buys liberal politicians for pennies on the dollar... they’ve done very well in the ‘green’ scams....
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.