RE: GE moving to China

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Sanity -> RE: GE moving to China (8/20/2011 1:41:15 PM)
Welcome to the forums, ordinary Hint - if you want to veer off into an entirely new topic, use the "New Post" button in the main forum area to start a new thread quote: ORIGINAL: extraordinarydom Jeffrey Immalt also makes sure that GE doesn't pay any US income taxes, thanks to three floors of CPAs and tax lawyers that his company employs to take advantage of loopholes enacted when Republicans controlled both houses of Congress during Bush The Younger's reign of error and terror. Of course, neither does Exxon, Mobil, etc., etc. We could close the deficit and begin paying down the debt if corporate deadbeats paid their fair share and the wealthy - those earning more than $1-million - simply paid at the same rate they paid during the Clinton administration. The US doesn't have a spending problem, it has a revenue problem.

Politesub53 -> RE: GE moving to China (8/20/2011 1:50:00 PM)
quote: ORIGINAL: willbeurdaddy ROFL. Yeah the top executives will still have jobs. The jobs created by the 2 billion invesment will all be for top execs. Why is Obama to blame? You apparently havent read anything here or in the newspapers about his plans for spending, taxes, Obamacare, EPA regulations........need I name more? Normal stupid reply from Wilbur. A usual suspect if ever there was one. Unabale to see further than your right wing posturing, regardless of any benefits to the US. On the one hand you wish to have no government interference, and companies being able to please themselves, yet on the other hand you wish to blame Obama if said companies exercise any kind of choice. I suspect you are only for free choice as long as its your free choice. It may have escaped your attention (dunno why i said may) just what GE are doing, not heading for the cheapest labour source, but planning to build research and development centres in China, the worlds largest emerging market. Sure they will employ some engineers but no current US jobs will be lost, indeed I suspect many will be made supplying machinery for the news plants. No doubt the likes of you and Sanity wish to see the return of some good old fashioned hardly regulated companies, like errr..... Enron. How did that work out for you last time around ?

Lucylastic -> RE: GE moving to China (8/20/2011 2:42:15 PM)
quote: ORIGINAL: Sanity Welcome to the forums, ordinary Hint - if you want to veer off into an entirely new topic, use the "New Post" button in the main forum area to start a new thread quote: ORIGINAL: extraordinarydom Jeffrey Immalt also makes sure that GE doesn't pay any US income taxes, thanks to three floors of CPAs and tax lawyers that his company employs to take advantage of loopholes enacted when Republicans controlled both houses of Congress during Bush The Younger's reign of error and terror. Of course, neither does Exxon, Mobil, etc., etc. We could close the deficit and begin paying down the debt if corporate deadbeats paid their fair share and the wealthy - those earning more than $1-million - simply paid at the same rate they paid during the Clinton administration. The US doesn't have a spending problem, it has a revenue problem. Its more relevant than your whinging

Edwynn -> RE: GE moving to China (8/20/2011 3:01:52 PM)
quote: ORIGINAL: Politesub53 No doubt the likes of you and Sanity wish to see the return of some good old fashioned hardly regulated companies, like errr..... Enron. How did that work out for you last time around ? "Persactly," as they say. Speaking to tweakabelle here also, the "maximization of profit" thing actually works, when markets are sufficiently regulated. That is to prevent mergers that would be demonstrably in detriment to consumer interests, to use the phraseology there. Oh, and that avoidance of collusion or other form of ghost monopoly power. Things like that. We should note that the same people who are oblivious or otherwise unaware of the 30 year onslaught against regulation in the US (a devastatingly effective effort, it should be noted) are the same ones stamping their feet about too much regulation and not giving enough tax dollars to the rich being the problem here. Yes, even after 8 million jobs lost, tens of thousands of foreclosed homes, numerous business failures, draining of over a trillion in tax dollars for bailouts, from these very policies, all they can do is repeat the same mantra, in what I an only guess as some mistaken effort as an audition for the latest "Night of the Living Dead" sequel.

willbeurdaddy -> RE: GE moving to China (8/20/2011 3:11:24 PM)
quote: ORIGINAL: Politesub53 On the one hand you wish to have no government interference, and companies being able to please themselves, yet on the other hand you wish to blame Obama if said companies exercise any kind of choice. I suspect you are only for free choice as long as its your free choice. Bullshit. Ive blamed Obama and prior Dem Congresses for the REASONS companies make those choices, not the companies for making them. If you want to lie about what Ive written go right ahead. Typical for a socialist who claims he isnt.

Edwynn -> RE: GE moving to China (8/20/2011 3:17:56 PM)
Yeah yeah, Willbe, "It has electrolytes, that plants crave" Etc.

willbeurdaddy -> RE: GE moving to China (8/20/2011 3:19:14 PM)
quote: ORIGINAL: Edwynn Yeah yeah, Willbe, "It has electrolytes, that plants crave" Etc. Whatever thats supposed to mean.

Edwynn -> RE: GE moving to China (8/20/2011 3:22:03 PM)
From the movie "Idiocracy." If seeking like minds, you should definitely watch that one.

willbeurdaddy -> RE: GE moving to China (8/20/2011 3:24:01 PM)
quote: ORIGINAL: Edwynn From the movie "Idiocracy." If seeking like minds, you should definitely watch that one. As if you would know if someone had a "like mind".

Edwynn -> RE: GE moving to China (8/20/2011 3:26:56 PM)
Much easier to spot like minds in those who hardly have a mind at all. Not taking credit for any great accomplishment here.

willbeurdaddy -> RE: GE moving to China (8/20/2011 3:30:01 PM)
quote: ORIGINAL: Edwynn Much easier to spot like minds in those who hardly have a mind at all. Not taking credit for any great accomplishment here. Good, because your only accomplishment was proving once again that you have no game.

Edwynn -> RE: GE moving to China (8/20/2011 3:37:10 PM)
No game. Only facts, even as troublesome as that has always been and always will be for for you.

Politesub53 -> RE: GE moving to China (8/20/2011 4:29:14 PM)
quote: ORIGINAL: willbeurdaddy Bullshit. Ive blamed Obama and prior Dem Congresses for the REASONS companies make those choices, not the companies for making them. If you want to lie about what Ive written go right ahead. Typical for a socialist who claims he isnt. Read a few facts on the subject and get back to me, try and find one where GE use the issues you put forward as an excuse. Put up or shut up, since you are starting to bore me.

erieangel -> RE: GE moving to China (8/20/2011 4:40:53 PM)
GE locomotive division, long based in my city, recently announced they are opening another plant in TX. Division president has assured the city of Erie mayor they have no plans to close down the plant here, but that opening a second plant in TX is only a natural progression because of "shipping costs, etc." whatever that means. For years, 99% of the locomotives GE has built in Erie have been sold in countries like China...

willbeurdaddy -> RE: GE moving to China (8/20/2011 11:02:45 PM)
quote: ORIGINAL: Politesub53 quote: ORIGINAL: willbeurdaddy Bullshit. Ive blamed Obama and prior Dem Congresses for the REASONS companies make those choices, not the companies for making them. If you want to lie about what Ive written go right ahead. Typical for a socialist who claims he isnt. Read a few facts on the subject and get back to me, try and find one where GE use the issues you put forward as an excuse. Put up or shut up, since you are starting to bore me. Awww poor baby. Your stupidity has bored me for over a year.

Termyn8or -> RE: GE moving to China (8/20/2011 11:41:24 PM)
"Jeffrey Immalt also makes sure that GE doesn't pay any US income taxes, thanks to three floors of CPAs and tax lawyers that his company employs to take advantage of loopholes enacted when Republicans controlled both houses of Congress during Bush The Younger's reign of error and terror. Of course, neither does Exxon, Mobil, etc., etc. We could close the deficit and begin paying down the debt if corporate deadbeats paid their fair share and the wealthy - those earning more than $1-million - simply paid at the same rate they paid during the Clinton administration. The US doesn't have a spending problem, it has a revenue problem. " I say they have both. By that I mean I will never participate unless I am on the winning side and that is not likely to happen. And I do not care. So now that you have expressed that you do understand these problems, what is your prognosis ? Your diagnosis. And moreso, your prescription ? T^T

willbeurdaddy -> RE: GE moving to China (8/20/2011 11:51:36 PM)
quote: ORIGINAL: Termyn8or "Jeffrey Immalt also makes sure that GE doesn't pay any US income taxes, thanks to three floors of CPAs and tax lawyers that his company employs to take advantage of loopholes enacted when Republicans controlled both houses of Congress during Bush The Younger's reign of error and terror. Of course, neither does Exxon, Mobil, etc., etc. We could close the deficit and begin paying down the debt if corporate deadbeats paid their fair share and the wealthy - those earning more than $1-million - simply paid at the same rate they paid during the Clinton administration. The US doesn't have a spending problem, it has a revenue problem. " I say they have both. By that I mean I will never participate unless I am on the winning side and that is not likely to happen. And I do not care. So now that you have expressed that you do understand these problems, what is your prognosis ? Your diagnosis. And moreso, your prescription ? T^T The only thing he expressed was that he has no clue what was passed when Bush was POTUS and had both houses.

Termyn8or -> RE: GE moving to China (8/21/2011 12:20:21 AM)
I reiterate : So now that you have expressed that you do understand these problems, what is your prognosis ? Your diagnosis. And moreso, your prescription ? You have the floor. T^T

willbeurdaddy -> RE: GE moving to China (8/21/2011 12:25:06 AM)
quote: ORIGINAL: Termyn8or I reiterate : So now that you have expressed that you do understand these problems, what is your prognosis ? Your diagnosis. And moreso, your prescription ? You have the floor. T^T How many times does it have to be repeated? Get all of the social engineering out of the corporate tax system. VAT, flat tax, whatever. Its not that hard.

Termyn8or -> RE: GE moving to China (8/21/2011 2:05:57 AM)
OK, a flat tax, would that include corporations ? What if they move out ? How do we tax them then, by saying "The mioney you make here, you pay". That might work. But flat means flat. NO fucking deductions. This is not a tax on middleclassism, it is a tax on income. And no matter what you say about this aspect of it, get them to pass an ACTUAL law about it. Let's not get back into that. Everyone pays. Now this VAT sounds pretty much like a sales tax. If it is to be implemented like in Europe, how is it ? Anything bought for resale is exempt until sold to the ultimate user ? Why ? Why not collect every time. They do on cars. In fact in some states you pay sales tax every year even if you didn't sell or buy the car. I think Indiana or Illinois is like that. That's fucking ridiculous. If you are going to tax everything that moves, make sure it moves. I don't mean down the road, I mean changes hands for money. And what about barter ? Are barterers cheaters ? I'll have to think on the results of this. Of course the revenue would be there, but after this social engineering we have had for so long, this would actually qualify as social engineering. It would certainly be a change. T^T

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