Benefits Of Being A "Clown Prince" Buddy!
Jeff Immelt is proving that 'it pays' to be one of the "Clown Prince's" a$$hole buddies. Immelt was appointed by owe-bama to chair the "President's Council on Jobs and Competitiveness;" pretty much a no-show job, given that jobs are nonexistent and America's competitiveness is being 'sold down the river!'
Immelt's "other job" is CEO of General Electric, a recipient of $16 Billion in PORKulus funds the company really didn't need-other than it was free 'owe-bama money' and Immelt could pay it back on HIS schedule, if ever. Now we find that G.E. had American profits of $5.1 Billion out of the worldwide total profit of $14.2 Billion. The company sure needed their share of 'owe-bama money,' didn't they?!? Care to hazard a guess as to how much tax the American profits generated to the Treasury Department?!? Zero-Zip-NAD'DA!! Not only did G.E. not pay any taxes, the company actually qualified for and claimed a $3.2 Billion tax credit!! That's how being an owe-bama "a$$hole buddy" pays off!!
Til Nex'Time....
Saturday, March 26, 2011
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