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Forum Post: GE billionaire jack welsh

Posted 2 years ago on Oct. 5, 2012, 5:30 p.m. EST by bensdad (8977)
This content is user submitted and not an official statement

claims in a tweet today the the "Chicago" people at BLS manipulated the unemployment numbers down to 7.8% to help Obama look good


I wonder what his taxes would be with a romney/ryan plan ?


26 Comments

26 Comments


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[-] 2 points by brightonsage (4494) 2 years ago

If Obama could control the Unemployment Numbers wouldn't they be at 5.1%? Would they have ever been over 8%? Would they have stayed above 8% until now?

If they could have been controlled, wouldn't George W. have shown that his tax cuts actually created some jobs? Has anybody noticed that he also has the Dow at record high numbers?

[-] 1 points by TrevorMnemonic (5827) 2 years ago

GE doesn't pay federal taxes right now. We actually give GE money. Fact.

GE also gives money to the Obama administration.

I think GE manipulates the government.

[-] 1 points by bensdad (8977) 2 years ago

And GE & the 1% wil do what they can do - until - We can do what 80% of Americans want
We can do what 1,900,000 Americans signed
We can do what 363 local & state resolutions call for
We can do what 1,309 American mayors endorsed

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and our comparison of all of the amendments,
and the Citizens United case transcript,
and the Citizens United decision,
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and analysis of corporate personhood,
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and our voting bloc petition & plan.

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[-] 1 points by hchc (3297) from Tampa, FL 2 years ago

ITs a statistical impossibility to add 162k jobs and lower the UE rate by .04%. Do you agree with that?

[-] 1 points by WSmith (1866) from Cornelius, OR 2 years ago

Wait, I thought GE was secretly funding the Dems!!

[-] 1 points by bensdad (8977) 2 years ago

Jack Welsh HATES dems
Carter made him clean up PCBS [but Welsh is retired & may not BE GE ]

[-] 1 points by WSmith (1866) from Cornelius, OR 2 years ago

Naturally! But what was the BS that Rush or Drudge was spewing about GE? I think it had some lame association with MSNBC, or something. Recall?

[-] -1 points by throaway (57) 2 years ago

Not BS. Don't want to take the time to dig up actual percentage, but NBC was wholly owned by ge when msnbc was created w Microsoft. Now I believe NBCUniversal is a joint venture bt ge and someone. Also, somewhere along the line msft reduced its ownership. GE still must own at least 40% of the left wings over the top counter punch to FOX.

[-] 1 points by WSmith (1866) from Cornelius, OR 2 years ago

That's funny, "left wings over the top counter punch to FOX."

[-] 1 points by bensdad (8977) 2 years ago

I think you are correct
I've heard some MSNBC people say how thankful they are that GE is a MINORITY shareholder

[-] 0 points by throaway (57) 2 years ago

As a GE shareholder, SO AM I!!!!!!!!!!!!!

[-] 1 points by GypsyKing (9780) 2 years ago

One country, one corporation.

[-] 0 points by throaway (57) 2 years ago

And that pertains to my joy that GE is only a minority owner of msnbc how?

[-] 1 points by bensdad (8977) 2 years ago

MSNBC cant be controlled by a minority
the MSNBC people can ( and DO ) call a willard lie a LIE

[-] 0 points by throaway (57) 2 years ago

No kidding. Too bad they ignore all of Obama's and even help spread them. As I said, msnbc is the over the top counter punch to Fox.

[-] 1 points by GypsyKing (9780) 2 years ago

It's looking at the bigger picture.

[-] 1 points by AlienatedVoter6930000001 (8) 2 years ago

I agree with Jack Welsh about the BLS report released October 5th being manipulated for political reasons to help the liberal 1 percent. I agree with bansdad that the tax breaks are manipulated to help the conservative 1 percent.

The October 5th report says there are 114,000 new jobs created in September, yet in the same month employment increased by 873,000 - nearly a million. I believe the household survey sample used to calculate month-to-month employment growth was changed in how they select households, how they contact them, when they contact them, what time of day they contact them, how the questions are asked or how they define what new employment is.

I thought Occupy was against greed and corruption. Too bad that Occupy didn't create or nominate a presidential candidate we could campaign for and vote for. Maybe Occupy only wants to keep us busy wasting time so the 1 percent will win again.

[-] 1 points by bensdad (8977) 2 years ago

Jack Welsh !?!?!?!
liberal 1% ?!?!?!?!
What evidence does he have ????
other than his billions that he wants taxed less


did you also believe nixon was not a crook because he said so ? did you also believe reagan forgot Iran Contra because he said so?

[-] 1 points by bensdad (8977) 2 years ago

Do you know what a "tell" is?
If you know your opponent in poker, for example,
touches his ear ( the "tell") when he is bluffing - you have a huge advantage
NOTICE
how often an Rs like - welsh or willard giggles -
that is their "tell"
that they know they are lying
WATCH FOR IT see the MSNBC interview with welsh

[-] 1 points by hchc (3297) from Tampa, FL 2 years ago

The same as Obama, duh. No one pays the rates, the system is broken.

[-] 0 points by bensdad (8977) 2 years ago

Wonderful - so you know the rates that they both pay now -
OH! great honest one - tell us the truth!
Exactly what rates do they both pay?
Or are you just an Rs ?

[-] 2 points by bensdad (8977) 2 years ago

The first commandment of troll lying:
don't post a lie that can be fact checked. Obama paid 25%


again: Former General Electric CEO Jack Welch caused a stir on Friday morning when he took to his Twitter account to allege that the Bureau of Labor Statistics fudged the numbers on their September jobs and unemployment reports to show the official rate dropping below 8 percent. “I wasn’t kidding,” Welch said in an interview. Jack Welch Kicks Off Conservative Conspiracy Theories About 7.8% Unemployment Rate “Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers,”
Welch tweeted after the September jobs numbers showed the official unemployment rate dropping three tenths of a point in one month. Mr. Welch said in an interview published in The Wall Street Journal. “It’s fact-based.”

[-] 0 points by hchc (3297) from Tampa, FL 2 years ago

Who knows what rate he pays, its irrelevant what he as an individual pays. The bottom line is the system is broken, its corrupted beyond repair.

[-] 1 points by Middleaged (5140) 2 years ago

He is a sharp guy, an old alpha wolf. He probably doesn't pay 5%.

He's retired by now, drawing on retirement funds, so he probably pays a lot of taxes. But:

1) He probably transferred assets to his kids to shelter them.
2) Draws Retirement from a trust used to differ taxes on income, earned interest on investments up to 2006, his earned interest pays any taxes he would have owed on the original income he earned but did not report.
3) Probably has many trust Funds set up.

David Kay Johnston books talk about this Perfectly Legal, Free Lunch.