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- Nov 13, 2009
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Obama has a jihad against the financial stocks?
..... how did Obama vote when we decided to bail these institutions out, again? When Buffet bought into Goldman Sachs and then petitioned the Government to ensure his bet would succeed, Obama was against that? Obama has a Jihad against General Electric? Is that why it's CEO is one of his chief advisers, and they are allowed to get away with paying no taxes (instead getting a nice check courtesy of U.S. Taxpayer)?
You probably never heard about Dodd-frank. You probably do not know that the Federal government has lawsuits against most of the major banks. You probably have no idea that the largest banks are selling below tangible book value.
The GE thing is a strawman. GE did nothing wrong. They did what most individuals do which is to avail themselves of all the deductions and credits they are allowed. Ge is one of the best manufacturing companies in the world. What are they supposed to do, pay MORE than the law requires? Stop the silliness.