11 April 2012 0 Comments

Corporatism/Unionism: Government Redistributes $95,000 of Taxpayer Money (Plus Special Tax Break) to Unionized Workers at Chrysler and GM

A few benefit and many pay. Washington Examiner 1 March 2012    Taxpayer Pays         Unionized GM Benefits   “And for whom exactly is Obama’s “bet” on GM and Chrysler paying off? Not for taxpayers. Obama wagered $85 billion on the two auto companies, and his own Treasury Department has predicted that taxpayers will […]

29 March 2012 0 Comments

Republicans Financing Billionaire Private Corporations with Taxpayer Dollars Part 6: Pulaski Partners Pat Burns Fresh Grocer

$3,000,000  Pulaski Partners Obama Funder 1% Pat Burns Fresh Grocer Democratic Mega Donor Patrick Burns, president and CEO of Fresh Grocer,  Sells First Lady Michelle Obama with his multimillion forgotten  taxpayer financed vision approved of and enacted with connivance of  Republican State Senate, Republican State House and Republican Penna. Governor. Millions of dollars of taxpayer […]

15 March 2012 0 Comments

Taxpayers Subsidize Farms in Pennsylvania Database 1995- 2010

If the multibillion dollar, tax exempt  UPENN corporation  and multibillion dollar tax exempt PENN STATE corporation and the multibillion dollar subsidized Pennsylvania farming industry, which are the prime and direct beneficiaries of these schools, it is unclear why taxpayers, an infinitesimal number of which are multibillionaires and are, obviously, not tax exempt should finance these […]

2 December 2011 0 Comments

Taxpayer Financed Corporatist General Motors Part 4: Jobs to South Korea

NYTimes August 25, 2011: General Motors and South Korea’s LG Group are teaming up to develop electric vehicles, though to what extent the two companies will collaborate is not yet known. . Daniel F. Akerson, the General Motors chairman and chief executive, with Juno Cho, the president of LG Corporation, signing an agreement to jointly […]

1 December 2011 0 Comments

Taxpayer Financed Corporatist General Motors Part 3: American Taxpayer’s Loss on GM Stock Investment 15,101,970, 670.80

Taxpayers have an interest in General Motors. to see how this investment is calculated, click here

30 November 2011 0 Comments

Taxpayer Financed Corporatist General Motors Part 2: China GM’s Crown Jewel

GM China sales up 15.3% in September ABCNews February 15, 2011 reports on US taxpayer owned GM’s outsourcing jobs and profits to China: Calling China “the crown jewel in the GM universe,” Chief Executive Daniel Akerson said the automaker plans to launch more than 20 new or redesigned cars in China over the next two […]

29 November 2011 0 Comments

Taxpayer Financed Corporatist General Motors Part 1: General Motors Moves Jobs to China

Taxpayer Financed General Motors Ships Jobs to China: GM Deepens China Auto Alliance Shanghai GM Stake to Rise  September 20, 2011 Sharon Terlep “General Motors Co. is open to deepening its relationship with China’s SAIC Motor Corp. and could expand the collaboration beyond existing tie-ups in China and India, GM Chairman and Chief Executive Dan […]

25 November 2011 0 Comments

General Electric Jeffrey Immelt Moves Jobs to China Part 3: And Elsewhere Overseas

GE has created more jobs overseas in the last decade than it did at home. GE employs more people outside the U.S. than within the country. Its U.S. employment dropped by 16% over the previous decade to 133,000 jobs at the end of last year while overseas employment fell by 2,000 jobs to 152,000. The […]

24 November 2011 0 Comments

General Electric Jeffrey Immelt Moves Jobs to China: Part 2

Press Release From General Electric  October 09, 2007 GE Aviation’s China Operations Center Celebrates First Anniversary –Shanghai, China — GE Aviation is celebrating the first anniversary of the China Operations Center (CHOC) which opened in Shanghai in 2006 to provide dedicated customer and product support for China’s growing aviation market. More on GE in China […]

13 November 2011 0 Comments

Corporate Cronyism: Millions to Billionaires – Taxpayer Financed Windmills in NY

1) Curious: Management Company That Runs Zuccotti Park (where Occupy Wall Street is camped out) Recently Received $135 Million in Tax Money for New Hampshire’s Largest Wind Farm Owned by Billionaire New York Company, Brookfield Asset Management John Zuccotti, Co-chairman (Ace of Spades October 8, 2011) Brookfield Asset Management, Corporate Crony and its Lobbyists   […]