Posted by: The Elephant Owner in Free Markets on March 28th, 2011

Does this pass the smell test?

  1. GE’s CEO Jeffery Immelt and Barack Obama are close friends. President Obama has appointed him as an adviser.
  2. GE Capital is not a bank, but TARP restrictions where loosened so that GE could receive billions of dollars in government bailouts
  3. GE has laid off approximately 20% of its US workforce while simultaneously increasing its worldwide sales force
  4. GE has invested heavily in green technologies
  5. GE is lobbying for cap and tax legislation
  6. GE has spent hundreds of millions of dollars lobbying for tax loopholes
  7. GE made billions of dollars in 2010
  8. GE paid no taxes in 2010

GE Stinks to high heaven. I just restocked my kitchen with appliances and I had only one demand that was unwavering.

No GE!

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