On Sun, 21 Aug 2011 09:12:03 -0400, John H
wrote:

I wonder which has more of an impact on this country - Perry's ownership of Blockbuster stock ages
ago or GE's continuous exportation of jobs.


General Electric is planning to move its 115-year-old X-ray division from Waukesha , Wis.
to Beijing . In addition to moving the headquarters, the company will invest $2 billion in China
and train more than 65 engineers and create six research centers. This is the same GE that made
$5.1
billion in the United States last year, but paid no taxes-the same company that employs more people
overseas than it does in the United States .
So let me get this straight. President Obama appointed GE Chairman Jeff Immelt to head his
commission on job creation (job czar). Immelt is supposed to help create jobs. I guess
the President forgot to tell him in which country he was supposed to be creating those jobs.
If this doesn't show you the total lack of leadership of this President, I don't know what does.


TRUE
http://www.snopes.com/politics/business/ge.asp


"As the company grows more global, it's increasingly important for us to become close to our
customers," Ms. LeGrand said, adding that she expects 20% to 25% of GE Healthcare's X-ray products
to be developed in China during the next three to five years for sale around the world.

Gosh, I wonder if that 'close to the customers' bit holds true for AlGore light bulbs also?

Maybe we should give them a tax break for moving the jobs offshore.

Of course, none of this happened under Bush. Moron.