Posted on 04/01/2011 8:50:42 AM PDT by maggief
Just days after General Electric got some bad press over how the company made huge profits, but didn't pay anything in income taxes, Congress was told the Obama Administration gave the company money to help preserve health benefits for GE retirees.
"I understand you gave General Electric $36 million to help their early retirees," Rep. Cliff Stearns (R-FL) said at a House hearing.
(snip)
The committee dustup over General Electric came in the wake of news stories that said the company made $14 billion in profits, but paid nothing in income taxes in 2010.
GE isn't the only well known company that received money in the Early Retiree Reinsurance Program, as Republicans ticked off companies like AT&T, which received $140 million to help provide insurance to its retirees.
(Excerpt) Read more at wokv.com ...
btt
So, Obama gave Immelt a jobs czar position, hook him to Brazil with him for God knows what reason, GE pays no taxes and, now, this?
Hook= took. Fat fingers and iPads are a bad combination.
This is the slimiest president this country has ever had. He has to be defeated.
I’m starting off awfully mad today. Corruption on a level we have never before witnessed.
Crony Capitalism X tax cheats.
And just what in the hell will the milk toast crowd do about getting the tax payers money back. Crickets
If you are not paying at least $600 per month for individual health insurance, you are subsidized by the government.
It’s all so damn far out of hand, I just don’t know how to fix it without overthrowing this regime.
“This is the slimiest president this country has ever had. He has to be defeated.”
This is the slimiest president this country has ever had.
He has to be IMPEACHED!
Obama + GE = Love story three
As others have pointed out this vile POS 0dumbo MUST be voted out
the problem is look how many members there are in those unions and public employee orgainzations.
Think they will vote to end their gravy train?
To reduce health care costs for everyone, GE should slash the prices of their outrageously expensive imaging equipment.
UAW got over 200 Million for early retirees health care. This is so unreal.
The only thing missing is bureaucrats walking around with Peoples' Hero medals pinned to the lapels of their ill-fitting Gum Department Store suits.
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