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Politics : Politics for Pros- moderated

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From: Brumar89	7/27/2011 7:43:20 PM
	3 Recommendations Read Replies (1) of 793758

Obama's #1 crony capitalist moving unit to China.. Say zai jian to more jobs: GE Healthcare Moves to Communist China General Electric is the quintessential crony capitalist corporation. Presumably in return for the financial and propaganda (through NBC) support it has provided Obama, it has received bailout loot and massive grants and subsidies for useless “green energy” boondoggles, and does not pay federal taxes. Here‘s what the American people are getting out of the deal: General Electric Co.’s health care unit, the world’s biggest maker of medical imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing. … The headquarters will move from Wisconsin amid a broader plan to invest about $2 billion across China, including opening six “customer innovation” and development centers. … “Over the next five years, China will be GE Healthcare’s most important growth market,” said Rachel Duan, the China unit’s chief executive. CEO Jeffrey Immelt is a top economic advisor to Obama. The advice he’s giving with this move is to get out of America. It’s not a good place to do business anymore. Socialists and crony capitalists get along fine. The picture above comes from a story headlined, “Obama Names GE’s Immelt to Lead Fresh Push on Jobs.” Looks like he’s pushing the jobs all the way over the Bamboo Curtain. On tips from Stormfax and G. Fox. moonbattery.com

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