Amazing…
It seems there is no sense of shame anymore…
And why should there be when no one holds anyone accountable?
This has all crossed from the absurd to the unbelievable…
The message coming from Washington can’t be taken any other way than that Corporations are not only “people”, they are more important than most people….
And this is barely being reported on MSNBC or NBC– because GE owns them…
You’ve likely already read Lauren Kelley’s piece from last week about how GE is milking the system like you’ve never seen before. The company made $14.2 billion, $5.1 billion of which came from the US, but, through some creative bookkeeping, GE paid no US taxes. That’s right, none. And to make matters worse they actually claimed a $3.2 billion tax benefit. So, that means we owed them money!
Can this story get any worse?
Apparently, yes. Mike Elk reports, “After not paying any taxes and making huge profits, ThinkProgress has learned that General Electric is expected to ask its nearly 15,000 unionized employees in the United States to make major concessions.”
via GE Pays No Incomes Taxes and Now Wants Workers to Make Concessions | AlterNet.
Lost in the 21st Century 