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2014-04-24 Government
General Electric to investors: Obamacare is hurting our medical business
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Posted by DarthVader 2014-04-24 16:07|| || Front Page|| [1 views ]  Top

#1 Considering how hard GE lobbied for Obamacare to be passed...

Cause, meet effect.
Posted by DarthVader 2014-04-24 16:08||   2014-04-24 16:08|| Front Page Top

#2 No worries. Extra special tax credit will soon be available to GE. Their taxes owed will be negative.
Posted by Airandee 2014-04-24 16:19||   2014-04-24 16:19|| Front Page Top

#3 But, but, but I thought the 'fix' was in ?

In February 2009, >[former GE CEO and close Champ advisor] Jeff Immelt was appointed as a member to the President's Economic Recovery Advisory Board to provide the president and his administration with advice and counsel in fixing America's economic downturn.[14] When President Obama chose to put Jeffrey Immelt at the head of the Economic Advisory Board, he felt that Immelt had attributions in knowing what would help the global economy. Obama has reported that Immelt has emerged as one of his top economic advisors in regards to trying to rebuild America's economy.[15]

On January 21, 2011, President Obama announced Immelt's appointment as chairman of his outside panel of economic advisers, succeeding former Federal Reserve chairman Paul Volcker.

Posted by Besoeker 2014-04-24 17:49||   2014-04-24 17:49|| Front Page Top

#4 In the end, the Obama-supporting execs will not feel the pain. That's reserved for others.
Posted by Uncle Phester 2014-04-24 21:16||   2014-04-24 21:16|| Front Page Top

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