Monday, October 10, 2011

Feingold to GE CEO: "...you root for corporations when corporations are making sure your jobs stay here in the United States,” (with video)



RAW STORY with video (03:59) from CBS's The Early Show:

In an interview that aired Sunday, General Electric Chairman and Obama job czar Jeffrey Immelt told CBS’ Leslie Stahl that the notion that Americans were against big companies was “just wrong.”

“I want you to root for me,” Immelt said. “Everybody in Japan roots for Toshiba. Everybody in China roots for China South Rail. I want you to say, ‘Win, G.E.’”

Not only has G.E. shipped thousands of U.S. jobs overseas, the company also reportedly paid no taxes in 2010. Protesters at Occupy Wall Street and across the country are calling for corporations to be taxed at least at the same rate as individuals.

Former Wisconsin Sen. Russ Feingold (D) responded to Immelt Monday. MORE...

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