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GE Cuts Texas Jobs, Sees Better Climate — In France
Investor's Business Daily ^ | Today, 2015-09-15 | CIARAN MCEVOY

Posted on 09/15/2015 3:02:56 PM PDT by entropy12

Blaming Congress' impasse on the Export-Import Bank, General Electric (NYSE:GE) said that it will move 500 U.S. jobs, some of which are deep in the heart of Texas, overseas to Europe and China in order to avoid losing business to foreign companies.

The Lone Star State is one of the losers in GE's announcement Tuesday, as the U.S.-based jobs will be shipped from Texas, South Carolina, New York and Maine to France, Hungary and China. Lawmakers from Texas also have been vocal critics of the Ex-Im Bank.

(Excerpt) Read more at news.investors.com ...


TOPICS: Texas; Issues
KEYWORDS: 2016election; china; doddfrank; eib; election2016; exportimportbank; france; ge; generalelectric; glasssteagall; jobs; rrance; tedcruz; texas; tisa; tpa; tpp; wikileaks
This is why we need Donald Trump and fast.
1 posted on 09/15/2015 3:02:56 PM PDT by entropy12
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To: entropy12

HP to jettison up to 30,000 jobs as part of spinoff

http://finance.yahoo.com/news/hp-jettison-30-000-jobs-210918954.html

Now, who used to run HP?


2 posted on 09/15/2015 3:04:08 PM PDT by dfwgator
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To: entropy12

Yep. And the 4000+ jobs coming with Toyota USA will offset GE. You can’t spell GOPe without GE anyway.


3 posted on 09/15/2015 3:05:26 PM PDT by IllumiNaughtyByNature ($1.84 - The price of a gallon of gas on Jan. 20th, 2009.)
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To: entropy12

If they want to leave because we are not going to subsidize them, fine.


4 posted on 09/15/2015 3:06:51 PM PDT by rstrahan
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To: entropy12

If they can not compete without subsidies than they should be driven out of business. I would make GE paying its’ fair share part of any campaign I was running. They have been scamming the government for decades and have dined on the taxpayers tab for as long. AND they are not alone.


5 posted on 09/15/2015 3:10:48 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: entropy12

Damned that is sad....

But this is GE

Government EnCronyism

The company that pays damned near no taxes, get’s Obama’s praise and employs tons of commies in CHINA......


6 posted on 09/15/2015 3:18:36 PM PDT by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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To: Jim from C-Town

The last time GE was worth a hill of beans was way back when they had this guy as a spokesperson

7 posted on 09/15/2015 3:20:06 PM PDT by GraceG (Protect the Border from Illegal Aliens, Don't Protect Illegal Alien Boarders...)
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To: entropy12

GE is a known crony traitor.


8 posted on 09/15/2015 3:27:36 PM PDT by Paladin2 (Ive given up on aphostrophys and spell chek on my current devices...one uses Brit spel now.)
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To: entropy12

GE is marketing to COFACE with this move which is essentially the Ex-Im bank in France.


9 posted on 09/15/2015 3:40:18 PM PDT by Regulator
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To: entropy12

My Son is a Nuclear Power-plant Operator and has been heavily recruited for the last 2 years to move to France, very very impressive offers...
He just says “Dad, I don’t want to be Homer Simpson”, he is still studying to be a Lawyer.
(I often wish he would take Piano lessons)


10 posted on 09/15/2015 3:46:19 PM PDT by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: entropy12

A had an employee whose father worked in the medical division for GE. His father told me stories that you cannot believe concerning GE and Obamacare.
Health care in the USA is suffering beyond what anyone could imagine. GE along with all other medical suppliers have made incredible cuts that are going to have huge ramifications in the next 10-20 years.


11 posted on 09/15/2015 3:46:30 PM PDT by Romans Nine
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To: entropy12

Jeffy Immelt is taking his football and going home.

KMA, you rotten crony capitalist.


12 posted on 09/15/2015 3:46:44 PM PDT by Walrus (Extremism in the defense of Liberty is no vice - Barry Goldwater)
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To: entropy12
FUJI & FUGE!
13 posted on 09/15/2015 3:47:44 PM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
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To: entropy12

bttt


14 posted on 09/15/2015 3:50:46 PM PDT by timestax (American Media = Domestic Enemy)
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To: entropy12
france, and it's 35hour work week??? OH yeah...
15 posted on 09/15/2015 3:56:31 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY)
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To: entropy12

“Hello, GE? If you’re leaving the US for good, be sure to not let the door hit you on the ass. However, if you want access to US markets, well, that’s just too bad.”


16 posted on 09/15/2015 4:05:34 PM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: dfwgator
Now, who used to run HP?

Exactly how does this have anything to do with Carly? She hasn't been associated with HP for a decade. Quite a reach to try to tie this to her campaign.

17 posted on 09/15/2015 4:08:24 PM PDT by CA Conservative (Texan by birth, Californian by circumstance)
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To: entropy12

Can’t wait to see the face of Immelt when President Trump levies a 100% TARIFF on Imported Goods made with Slave Labor.


18 posted on 09/15/2015 5:17:48 PM PDT by eyeamok
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