GE: Those newly recruited servicemen and women will join over 10,000 U.S. military veterans currently employed by GE (about one in every 14 GE employees in the U.S. is a vet). “We’re expecting an influx of troops coming back from Iraq and Afghanistan, and they need jobs,” said Kris Urbauer, program manager for GE’s veterans’ initiative
The new tax credit of 2,400 per veteran perhaps? Did my math work out right? One point two million in tax credits? I wonder how long they must keep a veteran to receive the credit? Aren’t tax credits paid by the rest of us? I am a veteran, have two flag- draped coffins in my family before folks start the foolishness. This is just GE PR stunt to bilk taxpayers and probably veterans as well. I just don’t trust them.
The Obama buy out of our military is complete.
I almost was acquired by GE and have seen the whites in their eyes, so I could say a lot about the GE culture and values. But I don’t think it’s appropriate.
US jobs are US jobs, and that’s a good thing. I know the Dayton area for one can sure use ‘em. And hiring veterans is not only good PR but it’s good business.
That said, don’t infer any altruistic motives on the part of GE. This is a business calculation and the entire GE culture is about reducing every decision to that of a business calculation. What they know, as Boston Consulting Group and others have been saying for the past year or so, is that the pendulum is swinging back to favor US-based manufacturing, especially in certain industries.
GE isn’t perfect but they’re not the devil incarnate either. Overall this is good in the short-term for job growth and in the long-term indicates a positive trend for US manufacturing.
Buying votes. All it is with GE and our King.
Jeffery Immelt, CEO of General Electric (GE) since 2001, parent company of NBC.
In 2009, GE’s number of U.S. employees dropped 18,000, GE has reduced the number of U.S. employees by 31,000 since Immelt signed on.
Head of President’s Council on Jobs and Competitiveness. This position was created by Executive Order, meaning, nobody but Obama had any say in this.
Leader in the push for Cap and Trade, where businesses are fined for producing Carbon emissions and paid for reducing them.
Delivered software and oil supplies to Iran until 2008
Gave orders to NBC news reporters to not say anything negative about Obama during election year.
Partnering with China to build high speed rail in the U.S.
Partnering with China to build commercial airliners
GE was the source behind the outlawing of incandescent light bulbs. We now get our Mercury filled bulbs from China.
Sold GE’s precious metals mine to China, America’s only precious metals mine, and China promptly closed it. Now China is the major supplier of precious metals necessary for windmills, efficient electric motors, magnets, and solar.
Enron’s former CEO Ken Lay was pushing the Clinton and Bush White Houses to ratify the Kyoto Protocol on Climate Change.
When Enron collapsed, AES and General Electric absorbed Enron’s assets.
Ken Lay had set up a plan to build coal fired energy plants in third world counties, not affected by the Kyoto Protocol.
The Kyoto Protocol would have closed the coal fired power plants in the U.S., increasing the cost of natural gas and decreasing the U.S.’s dependency on coal, making it cheaper for their operations in Asia, South America and Africa.
In 2010, GE earned $14.2 billion in international profits, $5.1 billion in the U.S., they paid no taxes.
GE was given $36 million from the Obama administration for their early retirees.
Immelt’s compensation doubled to $15.2 million.
April 1, 2011 a report comes out that Obama gave GE $36 million to help out GE’s early retirements.
GE is closing its 115 year old X-ray business in the U.S. and relocating to China.
In 2009, GE employed 36,000 more people abroad than it did in the U.S.
GE just invested $2Billion in China just this year!
http://www.chinadaily.com.cn/bizchina/2010-11/10/content_11527967.htm
this seems like mere attrition replacement.
GE commercials see coordinated with the Obama message.
GE is exporting jobs but the commercial says they have A factory in the USA. IOW a joke.
This is big brother propaganda. Our 20 gram ration of chocolate is being increased to 20 grams. big brother loves you.