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Not paying taxes and going nuclear is good for business

GE reported better-than-expected earnings and revenue. Their total earnings were $3.4 billion, but over half that came from the company’s banking division, whose earnings tripled from just a year ago.

GE has recently faced criticisms because it paid no US taxes last year, and because it designed all six failed nuclear reactors at Japan’s Fukushima Daiichi nuclear power plant.

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7 Comments

  1. PatriotSGT wrote:

    And the CEO still works for the President.

    Thursday, April 21, 2011 at 2:27 pm | Permalink
  2. Laurie wrote:

    Patsgt… Keep your friends close & your rivals even closer.

    Thursday, April 21, 2011 at 3:05 pm | Permalink
  3. PatriotSGT wrote:

    You know Laurie, I never tought of it that way. It could be smart business if you want to be reelected. Probably the same reasoning behind selecting Hillary.

    Thursday, April 21, 2011 at 6:49 pm | Permalink
  4. Laurie wrote:

    This Prez will learn whatever he can from any/all sources & if we ever needed someone that could play all the angles, it’s right now. But first, he’ll need to understand those angles.

    Plus, I really believe he has the best interests of this nation (as a whole) at the center of his goals & belief structure.

    Good things can take a long time & I, for one, am going to give the guy another four years to figure out this convoluted mess that we are in.

    Simply put… I still trust his intellect & his good intention.

    Friday, April 22, 2011 at 9:13 am | Permalink
  5. PatriotSGT wrote:

    The only thing I can hold out for is that if re-elected and not worried about any other elections he could finally not worry about pleasing everybody and actually make some good choices.
    When he was elected I was serving in a desert in southern Iraq and I said to some of my Soldiers “I hope he is half as smart as people think he is, because we need a once a century leader to fix the problems we have.”

    I hope he’s “that guy”

    Friday, April 22, 2011 at 4:46 pm | Permalink
  6. Iron Knee wrote:

    While he may be “that guy” I don’t think we have “that system” that will allow him to fix what’s broken about this country.

    But his inability to not completely fix our broken system of government is not a good reason to not vote for him. I like him a hell of a lot better than any alternative out there. He’s actually trying to improve our government, which is more than I can say for the previous occupant.

    Friday, April 22, 2011 at 6:36 pm | Permalink
  7. Laurie wrote:

    IK…
    From your lips to the Electoral College’s ears!

    Friday, April 22, 2011 at 8:00 pm | Permalink