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GE Moves 115-Year-Old X-Ray Unit's Base to China to Tap Growth (Obama selling the USA)
Sadhill News ^ | September 13, 2011 | Staff

Posted on 09/13/2011 12:42:18 PM PDT by yoe

Just days ago ,a href="http://sadhillnews.com/2011/07/12/bankrupt-bailed-out-government-owned-tax-free-overseas-job-outsourcing-ge-tells-american-business-owners-stop-complaining-about-big-government">(bankrupt, bailed-out, government-owned, tax-free, overseas-job-outsourcing GE ) CEO Jeffery Immelt scolded American business owners, ‘The people in this room have got to stop complaining about government!‘, and, (‘The truth is), we all need to be part of the solution‘,

(GE-sponsored) Obama warning us (There Is Going To Be A Tug-Of-War Within The United States Between Those Who See Globalization As A Threat And Those Who Accept’ It") and then Obama calling on GE’s chief Jeffrey Immelt to (head his economic recovery advisory panel) while Obama made ‘special arrangements’ for the upcoming ($53 billion in taxpayer funds) used to subsidize GE’s construction of a ( high-speed rail system.)

And put aside your self-centered, conspiracy-like questions regarding the hundreds of billions in American taxpayer dollars used to keep the hemorrhaging Obama–GE Titanic afloat. It’s simply a matter of ‘foreign’ economics, something you wouldn’t understand.

General Electric Moving Health Care Headquarters To Beijing

(GE X-ray leaders move to China)

General Electric Co.’s health care unit, the world’s biggest maker of medical imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing.

“A handful’’ of top managers will move to the Chinese capital and there won’t be any job cuts, said Anne LeGrand, general manager of X-ray for GE Healthcare. The headquarters will move from Wisconsin amid a broader plan to invest about $2 billion across China, including opening six (customer innovation’) and development centers.

(Excerpt) Read more at sadhillnews.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: kingofthedeficit; noaccountability; notaxes4ge; notransparency
Obama is selling the United States to China and Immelt among other similar bandits world wide are helping him, ALL while making a Bu$$$e.
1 posted on 09/13/2011 12:42:22 PM PDT by yoe
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Comment #2 Removed by Moderator

To: yoe

He is just getting even with Wisconsin for what we did to his precious unions here.


3 posted on 09/13/2011 12:46:05 PM PDT by Pardeeville Liberator
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To: the invisib1e hand

Immelt: Do as I say not as I do.


4 posted on 09/13/2011 12:46:43 PM PDT by DManA
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To: yoe

Back in the day, a lot of people critized Pat Buchannan, Ross Perot and others for being dead set against the big sell out. Now this is all but unstoppable.


5 posted on 09/13/2011 12:50:34 PM PDT by MichaelCorleone (Those who love liberty love Sarah)
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To: yoe

Pray for America.


6 posted on 09/13/2011 12:51:58 PM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: yoe

Moving to China to tap cheap labor, or did China require that GE move to receive market access?


7 posted on 09/13/2011 12:54:13 PM PDT by Will88
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To: MichaelCorleone

Ross Perot was right on so many issues...

But many here laffed at thos of us who voted for him

Bush 1 was caving in to democraps at every turn- overturning the legacy he inheritted from Reagan.

Clinton was out of the question...

Perot was not the best answer bu he was better than the other 2 AND.. because Perot scared the crap out of everyone with the size of his vote WE GOT A REPUBLICAN CONGRESS for the firt time in 40 years

So... Regan got us Bush... who betrayed his legacy. Bush got us Perot running as a third party. Perot got Clinton elected.... but clinton scared the bejeebers out of everyone so bad he GOT US A REPUBLICAN CONGRESS and A BALANCED BUDGET (thanks in no small part to Newt Gingrich)


8 posted on 09/13/2011 12:57:11 PM PDT by Mr. K (Palin/Bachman 2012- unbeatable ticket~!!!)
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To: Pardeeville Liberator
This just makes me sick. I wonder if anyone over at GE knows where their blueprints and drawings are?

Shhhhh. I have a ton of them left in my files. They are our oldest customer, although we don't get much work from them any more. That's OK because they don't pay their bills very promptly either. I can't afford to carry them for 190 days. They left all their drawings here because they didn't want to store them. They promised to supply a file cabinet for them (a large flat file) but they didn't come through on that either.

9 posted on 09/13/2011 1:00:00 PM PDT by afraidfortherepublic
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To: yoe

I have to be more careful reading headlines. It seemed to me that - why are they moving the base to a 115YO x-ray machine to China?


10 posted on 09/13/2011 1:04:52 PM PDT by SkyDancer (A critic is like a legless man who teaches running.)
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To: yoe

Focused like a laser beam on jobs (for China and/or labour unions).


11 posted on 09/13/2011 1:05:29 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: yoe
GE healthcare stands to win a good deal of government healthcare business (including the creation of "a database for the healthcare records of everyone on the globe."

It's far less subject to American-style accountability way over there.

12 posted on 09/13/2011 1:16:54 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: the invisib1e hand

Title makes it sound like these are 115 year old machines.


13 posted on 09/13/2011 1:28:04 PM PDT by stocksthatgoup (Common sense although common knowledge is seldom common practice.)
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To: Mr. K

“So... Regan got us Bush... who betrayed his legacy. Bush got us Perot running as a third party. Perot got Clinton elected.... but clinton scared the bejeebers out of everyone so bad he GOT US A REPUBLICAN CONGRESS and A BALANCED BUDGET (thanks in no small part to Newt Gingrich)”

Then Newt imploded giving us Hastert who teamed up with Frist and George W. Bush to double the national debt and accelerate the decline of US manufacturing.


14 posted on 09/13/2011 1:42:26 PM PDT by Soul of the South (When times are tough the tough get going.)
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To: Mr. K

“So... Regan got us Bush... who betrayed his legacy. Bush got us Perot running as a third party. Perot got Clinton elected.... but clinton scared the bejeebers out of everyone so bad he GOT US A REPUBLICAN CONGRESS and A BALANCED BUDGET (thanks in no small part to Newt Gingrich)”

Then Newt imploded giving us Hastert who teamed up with Frist and George W. Bush to double the national debt and accelerate the decline of US manufacturing.

We forget that free trade to the founders did not mean opening our markets wide to the world while the world played by other rules. In fact the founders used high tariffs both to fund the federal government and protect US industry during its infant years. To the founders free trade meant any America could trade with any country. If Britain and France were at war, America would be free to trade with both. It had nothing at all to do with tariffs. It is only the current generation of globalists who believe free trade means America ends tariffs and opens its market while its trading partners manipulate currencies, levy tariffs on US products and put in place all sorts of non-tariff barriers and regulations to keep US goods out.


15 posted on 09/13/2011 1:46:36 PM PDT by Soul of the South (When times are tough the tough get going.)
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To: the invisib1e hand

God I am so sick of all this nonstop scummery. Did any of us ever imagine how horrible and relentless it would be, even knowing as much as we knew of the treasonous bum himself from the beginning?


16 posted on 09/13/2011 1:50:36 PM PDT by parisa
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To: Will88

No it’s all about margin. Xray is much more commoditized. The growth is all in rural china and India so the relocation results in lower shipping and labor allowing competition with local suppliers who have older political connections. Things have gone downhill across the board since immelt took over. End of welch stock was at about 45-50/share sitting at 15-16 now. I can’t understand why stock holders are putting up with the anti-capitalist boob.


17 posted on 09/13/2011 2:35:13 PM PDT by reed13k (For evil to triumph it is only necessary for good men to do nothing.)
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To: yoe

bump


18 posted on 09/13/2011 2:42:42 PM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: reed13k
No it’s all about margin.

Yes, it's about cheap labor which contributes more to "margin" than anything else when a firm can move to a cheap labor nation and cut their total labor cost to 10% and even 5%, or less, of what it was in the US.

And this move will be a continuation of the: take the US market for granted and seek growth in emerging markets strategy.

19 posted on 09/13/2011 3:34:59 PM PDT by Will88
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To: yoe

Its not Obama, its the Democrat party and it started with Clinton selling China our nuclear secrets and stripping Japan of our trade agreements. Obama is a clueless tool who does what Nancy tells him to.


20 posted on 09/13/2011 3:39:32 PM PDT by Deb (Beat him, strip him and bring him to my tent!)
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To: parisa

Yes, actually. The woman who cuts my hair is a Russian-Jew emigree to the US. When Obama was running for prez, she said, “We know his kind. We left Russia to get away from them.”


21 posted on 09/13/2011 4:35:18 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: stocksthatgoup
Title makes it sound like these are 115 year old machines.

My first, too. Then I thought, "how appropriate."


22 posted on 09/13/2011 4:41:27 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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