Don't stay in bed, unless you can make money in bed. - George Burns
Point out that the facts don’t back that lie up and that the big corporations know the party that will help them rake in the cash while giving them all those evil loopholes moonbats go bonkers over are the donkeys. Don’t expect the MSM regulars to say anything: they are usually too busy covering for the crooks in this administration, but the WSJ has the scoop.
General Electric Co. reported a 77% increase in first-quarter earnings, lifted by marked improvement at its GE Capital financing arm and gains at most of its industrial units. The company also boosted its quarterly dividend by a penny to 15 cents. The move marks GE’s third dividend increase in the past year, although the payout remains well short of GE’s 31-cent dividend from before the financial crisis and economic downturn.
“Our environment continues to improve and get better,” said Chairman and Chief Executive Jeff Immelt on a call with analysts, noting that the restructuring of GE Capital was ahead of plan while the quarter saw a record backlog of orders for its industrial products and services.
See that bolded section above? That’s corporate speak for “Them donkeys are helping rig the game so we can send jobs overseas, rake in big cash from both government subsides and sales, and avoid paying taxes in the US - which usually really means they avoid making their consumers pay taxes - while squashing anyone that could compete with us, and they do it for peanuts on the dollar”. Obama didn’t make Immelt a member of his Czar entourage for nothing. That billion dollars he wants to raise for the 2012 campaign is going to come from big unions and big corporations like GE, which love how the government helps them squash the competition - with the consumer losing out all the time - in return for cash. And GE isn’t the only one they do this for. They made the tax payers bail out the unions and turned General Motors into Government Motors for a reason. Now they want to sell off GM stock, at a big loss for the tax payers to boot. Maybe that move is so the GM execs can then start raking in big money and donate big money, right in time for the 2012 race, since when GM is no longer owned by the Obama Admin, it becomes free to hand out huge pay raises and bonuses to the GM execs again. I don’t buy the story that they are panic selling because it will be good for the tax payer.
The next time some moron tells you how the republicans are the party in bed with corporate America, remember and remind them that corporate America, those mega-billion dollar giant companies, are always friends with demcorats. That’s not a coincidence or a fluke, but precisely because those large corporations know, not just who is for sale and whom they can get to write laws that let them avoid taxes or competition, but that demcorats love the relationship between big government and big industry. It’s one of the mechanics behind the whole government planned economies bullshit you get in collectivists governments. Look how well it worked for the USSR.
Posted by AlexinCT
on 04/21/11 at 08:42 AM (Discuss this in the forums
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