MORE TALK RADIO FROM AMERICA’S “RUST BELT”
GE, DEAD KENNEDY’S AND GADDAFY
By Gordon Duff STAFF WRITER/Senior Editor
Ah, as for those paying for it, this week we learned that General Electric, you know, the guys who really own NBC and a bunch of other stuff, made $14 billion in profit last year and didn’t pay a single cent of income tax.
The typical MacDonalds employee pays about $400 bucks out of a paycheck that puts their yearly income at half the poverty level. There are street musicians living in cardboard boxes who pay more in taxes than GE.
The tax hiatus corporate America has been on since the Reagan years, with most disappearing from any fiscal participation in America at all under “Bush the lesser,” has turned corporate America into the biggest pack of welfare cheats and freeloaders on earth. One city benefits, of course, and that is Washington. They are having a virtual orgasm, if creatures there are capable of such things, at the influx of cash, first Israel kicking back part of the billions in foreign aid and other defense related “off the books” subsidies we give the world’s richest nation and now, the chiseling corporate world is giving them a run for their money.
Read more here: http://www.veteranstoday.com/2011/03/27/gordon-duff-sunday-morning-...