Saturday, March 30, 2013

How big corporations are unpatriotic...

Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.

General Electric, for example, has paid no federal income taxes for a decade while becoming a net job exporter and fighting its hard-pressed workers who want collective bargaining through unions like the United Electrical Workers Union (UE). GE’s boss, Jeffrey Immelt, makes about $12,400 an hour on an 8-hour day, plus benefits and perks, presiding over this global corporate empire.

Telling by their behavior, these big companies think patriotism toward the country where they were created and prospered is for chumps. Their antennae point to places where taxes are very low, labor is wage slavery, independent unions are non-existent, governments have their hands out, and equal justice under the rule of law does not exist. China, for example, has fit that description for over 25 years.

Other than profiteering from selling Washington very expensive weapons of mass destruction, many multinational firms have little sense of true national security. Full story...

Related posts:
  1. Corporatism: A system of control designed by the monopoly men of the global elite...
  2. Citigroup hasn’t paid taxes in 4 years, got $2.5 trillion from feds...
  3. Corporate profits at all-time high; wages at all-time low...
  4. $10 million a year: the average salary of an American CEO...

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