GENERAL ELECTRIC

AMERICANS SHOULD BOYCOTT GE PRODUCTS
In 1876 Thomas Edison opened a laboratory in New Jersey, for the purposes of exploring how to produce and distribute electricity.  History records that he invented the incandescent electric light bulb there.  By 1890, he had established the Edison General Electric Company, now know simply as GE.  General Electric was for many years an “all American” company. 


That was then, and this is now.  Since Jeffery Immelt took over as CEO in 2001, GE has shed 34,000 jobs in the U.S. but it has added 25,000 jobs overseas.  Under Immelt, GE has shipped tens of thousands of good jobs out of the United States.  At the end of 2009, GE employed 36,000 more people abroad than it did in the U.S. In 2000, it was nearly the opposite.”

Even the very liberal Huffington Post reported that “As the administration struggles to prod businesses to create jobs at home, GE has been busy sending them abroad.”

The last GE factory in the U.S. that made light bulbs closed last September. This came on the heels of the federal government’s ban on the 100-watt incandescent light bulb and its push to require Americans to purchase the new CFL light bulbs as part of Obama’s green jobs initiative. The CFL bulbs have been universally denounced as providing less equivalent light, costing more, and using mercury as part of their manufacture.

When John Rice was appointed GE’s head of global operations, responsible for growth in markets that include China, India, the Middle East and Brazil, the Huffington Post revealed that GE planned to spend $500 million on research and development and new customer innovation centers in China, adding more than a thousand jobs there. “More than $1.5 billion is expected to be put toward joint ventures with Chinese state-owned enterprises in high-technology sectors.”

In February 2009, Immelt was appointed as a member to the President’s Economic Recovery Board to provide the president and his administration with advice and counsel in fixing America's economic downturn.  Then on January 21, 2011, President Obama announced Immelt's appointment as chairman of his outside panel of economic advisers.  
   
So, you get the picture, Immelt is suppose to be one of the top dogs when it comes to creating jobs in THIS country.  Instead he is moving jobs out of this country and creating them everywhere else.

Here’s a link about moving the x-ray equipment manufacturing to China.
http://caffertyfile.blogs.cnn.com/2011/07/27/ge-moving-x-ray-business-to-china-what-message-is-sent-to-u-s/

And there is this.
http://www.ge.com/audio_video/ge/careers/china_this_is_ge_china.html

That’s not all.  GE is also arming China to compete with Boeing—and America.  General Electric plans to sell its aircraft electronics to Chinese companies.   China just flight-tested a prototype stealth fighter as it continues to build up its military and GE is selling technology “it developed for the Military and U.S. companies like Boeing to Boeing’s Chinese competitors.”
http://www.nytimes.com/2011/01/18/business/global/18plane.html?_r=1&pagewanted=all
http://www.gereports.com/ge-leases-regional-jets-from-china/
http://www.freerepublic.com/focus/f-news/2658709/posts

America is being de-industrialized at lightning speed and very few of our politicians seem to care.   In 1979 there were 19.5 million manufacturing jobs in the United States and today there are 11.6 million.  The United States has lost a staggering 32% of all its manufacturing jobs since the year 2000.

While Jeffrey Immelt flies around in his corporate jet and issues vacuous, hypocritical statements about jobs for Americans, he and his close friend in the White House are undermining the economy.

I realize that the U.S. corporate tax is the highest in the world and will remain so as long as Obama is in office, but GE doesn’t pay taxes anyway because Immelt has a buddy in the White House.  And even if they did, don’t you think this is a bit hypocritical considering Immelt is supposed to be our “jobs czar”.

Here’s something I wish someone would explain to me.  This administration will not allow any company to relocate from a “mandatory union state” to a “right to work state”, but they have no problem with relocating to another country.  

This looks to me like a deliberate destruction of the U.S. manufacturing sector.