Crony Capitalism Lives On
Our two favorite companies in the United States are Government Motors (GM) and General Electric. Government Motors because Obama sold-out share holders to the auto unions; and General Electric because CEO Jeff Immelt avoided GE paying ANY taxes after record profits. How's that for "fair share"? In the first case, Obama screws the company shareholders but rewards the unions and in the second case, Obama's "friend" GE doesn't pay ANY taxes and flips-off Americans by selling GE products to our enemy Iran who in-turn, are killing American soldiers.
The Latest Boondoggle
The saga continues with these two companies that we hold in disgust. It seems that now GM has made a deal with General Electric to sell them 12,000 Chevy Volts. These are the cars that cost $40K and catch fire in your garage.
Apparently sales aren't going well for Government Motors on their lemon electric car. To date, they have only sold less than 8,000 of these gems. No one wants to buy unsafe cars. So what do they do? They make a "deal" with Obama's other buddy GE to sell them their junk cars instead.
Now GE is being forced to buy Chevy Volts as disclosed in a recent company memo. It states to GE employees that "all sedan crossover, and minivan purchases in 2012 will be replaced by the Chevy Volt." Immelt doesn't seem to care because GE will now be contracted to install the required Level 2 Charging Stations to "gas up" the new cars.
What a frigin' coincidence!! One hand washes the other.
One More Thing
Don't forget, those of us (the 50.5%) who DO pay federal taxes are also paying the $7,500 rebates that Government Motors offers to anyone purchasing the Volt. We wonder who's going to get all those rebates with this General Electric deal!
Isn't it time we put our foot down? Are you tired of being the one paying taxes while the other half of the USA doesn't? Let Washington know how you feel and be sure NOT to re-elect Obama in November!
Thursday, February 23, 2012
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