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Larry posted a new pictureKeep your eye on Waukesha, Wisconsin… Their biggest employer just moved out.
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 CEO 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.
Soon, you all will understand that Obama has an agenda, this agenda is to remove the last super power from the world. He is getting very close.
Please pass this information to others and think about it before you buy a GE product.
Well, even the pro liberal GE cannot afford to remain in the USA, because the liberals in government have taken control of how to ruin all industry in this nation. Soon the government employees union pensions bubble will burst and they will want all the citizens to pay ridiculous participation on the employees behalf. I was shocked when I saw the pitiful amount the NEA teachers contribute and the amount that is participated on the governments behalf. AND the interest they collect is incredible. Talk about a scam. It is outrageous. All retirement benefits should be equal matches.
http://www.snopes.com/politics/business/ge.asp They are moving an office, but it will not result in any job loss in the US. Don’ tget me wrong I’m not an OBama or GE fan, but when we fight let’s get the facts straight.
Snopes comes from a leftist slant but even THEY say the above statement is TRUE. To suggest that moving the HQ of the X-ray Division of GE from Wisconsin to Beijing will not take jobs (even if it is only four in the beginning) from the US is not accurate. This administration keeps nibbling away at America like a parasitic cancer.