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Would you still think that Obama's idea of placing GE's CEO as head of economic recovery?
Just watch the documentary...it's long, but very informative.
http://www.youtube.com/watch?v=YH4OwBYDQe8
Wake up call....
6 Answers
- suthrnlyts™Lv 71 decade agoFavorite Answer
I think it's a complete joke. GE gets away with murder. Just look at the percentage they've paid in taxes per every dollar of profit made over the past three years.
Company Effective Tax Rate
Winners
General Electric 3.6%
Merck 12.5%
Pfizer 17.1%
Medtronic 19.7%
Cisco Systems 19.8%
Hewlett-Packard 20.0%
Johnson & Johnson 22.0%
Losers
CVS Caremark 38.8%
Target 37.2%
Disney 36.5%
Home Depot 35.4%
United Health Group 35.4%
Aetna 34.6%
Wal-Mart 33.6%
See anything wrong with this picture? Obama is constantly whining about corporations not paying their fair share, but turns around and places the biggest tax cheat as head of economic recovery? This certainly makes sense, eh.
- Bluemax lllLv 61 decade ago
Your question is: Would you still think that Obama's idea of placing GE's CEO as head of economic recovery?
My answer is: yes
- T-BoneLv 71 decade ago
To answer your question;
Under Immelt GE stock dropped 60% of its value. To place this buffoon in charge of the economy is the stupidest move Obama could have made. The equivalent thing to do is to put the captain of the Titanic in charge of the Navy......
- Anonymous1 decade ago
I wonder how much money GE gave him as he just gave them an exemption from the EPA emission regulations, now this.. hmm, sounds like Barry has his hands in the pockets of the big corporations too not just the right
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- Anonymous1 decade ago
Obama's doing a great job! He actually knows what he's doing.
- Anonymous1 decade ago
Still think what? Complete your sentences/questions so we can understand you.