No taxes for GE on 14B in profit

Discussion in 'World Events' started by See Post, Nov 17, 2011.

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  1. See Post

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    Originally Posted By patrickegan

    No not at all
     
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    Originally Posted By patrickegan

    The billions for Goldman...

    <a href="http://www.usatoday.com/money/industries/banking/2010-07-24-goldman-bailout-cash_N.htm" target="_blank">http://www.usatoday.com/money/...sh_N.htm</a>

    Morgan Stanley
    <a href="http://www.garynorth.com/public/8405.cfm" target="_blank">http://www.garynorth.com/public/8405.cfm</a>

    Another transparent 1.2 trill in loans to the 99%

    <a href="http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2-trillion-in-fed-s-secret-loans.html" target="_blank">http://www.bloomberg.com/news/...ans.html</a>

    Pahleese
     
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    Originally Posted By Kar2oonMan

    <a href="http://www.boston.com/news/world/articles/2008/03/06/top_iraq_contractor_skirts_us_taxes_offshore/?page=full" target="_blank">http://www.boston.com/news/wor...age=full</a>
     
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    Originally Posted By dshyates

    The first day of the Iraq war Haliburton got an $80B no bid contract.

    So the Bush Administration started a war and handed Haliburton $80B. And oddly enough the Vice Prez. was the former CEO with boatloads of Haliburton stock.

    How odd!
     
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    Originally Posted By Dabob2

    That's right. An 80B dollar no-bid contract. Unbelievable!!

    And from the first link - Patrick, do you not read your own links?

    "Goldman Sachs (GS) received $5.55 billion from the government in fall of 2008 ..."

    Fall of 2008. Who was President then? Hm.... let me think...

    Hint: it wasn't Obama.
     
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    Originally Posted By Kar2oonMan

    >>Patrick, do you not read your own links?<<

    Apparently not.
     
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    Originally Posted By SingleParkPassholder

    Pahleese indeed.
     
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    Originally Posted By DDMAN26

    Sounds like what an Italian restaurant owner would say to some unruly customers.

    Hey if you a don't quiet a down, I'm a gonna call da pahleese on you.
     
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    Originally Posted By ecdc

    Arguing with these people is like arguing with the Mayor on Jaws.
     
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    Originally Posted By tiggertoo

    <<Halliburton never got anything like the bail out Obama doled out>>

    Nice sloganeering. Too bad it's accuracy isn't quite so nice. The bank bailout predated the Obama inauguration three months.

    Try throwing something else against the wall. Something's gotta stick eventually.
     
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    Originally Posted By RoadTrip

    The worst part is conservatives actually BELIEVE the crap they throw at the wall.
     
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    Originally Posted By HongKongFoooy

    ###The previous president got the CEO of Halliburton to be VP. Is that good enough?####


    aaahh no, that is not good enough because you failed to address the immediate challenge; you merely brought up that the previous administration's equal or greater than guilt.

    to refresh, here is kennesaw tom's challenge:
    ###Show me one Republican that made GE's CEO Jimmy Immelt the jobs czar###
     
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    Originally Posted By HongKongFoooy

    ###You DO realize, don't you, that Congress has the sole power to open and close loopholes, right? The President can propose things, but Congress writes the laws###


    not kt of course but i realize that. and you realize nobody pointed a gun at our president and made him choose the g.e. big man to head up jobs. our president willfully positioned immelt within the administration and immelt willfully accepted.

    but all this is ok because the previous administration did questionable things too. got it.

    ok sarcasm was uncalled for so let's all just say that both administations could be better at selections. deal?
     
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    Originally Posted By HongKongFoooy

    ###Halliburton never got anything like the bail out Obama doled out###


    oh please! that was mighty dumb.
     
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    Originally Posted By RoadTrip

    Yes, mighty dumb because BUSH did the bailout, not Obama. But then conservative have never done very well with facts...
     
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    Originally Posted By HongKongFoooy

    i give a big fat 8.5 on the foooy meter for those remarks downplaying the halliburton connection to government.

    i use a personal linear scale of 1 to 10, 10 getting the biggest foooy out of me.

    as donny and marie would say,
    ###goodnight everybody###
     
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    Originally Posted By Dabob2

    ###You DO realize, don't you, that Congress has the sole power to open and close loopholes, right? The President can propose things, but Congress writes the laws###


    <not kt of course but i realize that. and you realize nobody pointed a gun at our president and made him choose the g.e. big man to head up jobs. our president willfully positioned immelt within the administration and immelt willfully accepted.

    but all this is ok because the previous administration did questionable things too. got it.>

    There's obviously a lot you don't get. Of course no one forced Obama to choose Immelt. But that's irrelevant to how GE got its tax breaks, which were in place years before he was chosen, and which only Congress (not Obama) could change now. So tying Obama to GE's tax breaks is like trying to tie, let's say, Gerald Ford to Prohibition because he hired a non-drinker to be Secretary of the Interior.
     
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    Originally Posted By Kennesaw Tom

    <<Your party vehemently disagrees, I'm afraid.>>

    The Libertarian Party disagrees? That's news to me.
     
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    Originally Posted By Kennesaw Tom

    <<It's a little cozy for me too. But remember that a). Obama doesn't set tax policy; b). the jobs czar doesn't either.>>

    Well that isn't true since it was the Obama White House that put a stop to the Christmas Tree Tax after 12 hours. It's a shame it took him 3 years to put an end to Don't Ask Don't Tell despite overturning DADT being a campaign promise.
     
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    Originally Posted By Kennesaw Tom

    <<It's a little cozy for me too. But remember that a). Obama doesn't set tax policy; b). the jobs czar doesn't either.>>

    Obama is the leader of the Democratic Party. He has introduce legislation into Congress and the Senate and has a direct influence on all legislation.

    He proposed and put before Congress his own version of the national budget (which even the Democrats voted against). Despite the fact that coming up with a national budget is the sole responcibility of the Legislative Branch of the Federal Government and NOT the Executive Branch.
     

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