November 17, 2011

Occupy GE

One Beacon Court, home to Mr. and Mrs. Jeffrey Immelt and their new $4 million condo.

Where are they? Where are the protestors and the socialist millionaires who are demanding higher taxes in order to forcibly redistribute wealth in a more equitable fashion? Why aren't the unloved and unwashed camping out on the doorstep of General Electric's CEO, Jeffrey Immelt, and demanding that GE pay their fair share?

From the Weekly Standard:

General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn't pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked.

The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a
recent townhall meeting
No taxes at all  -  zip, zilch, zippo, nada, neshto, bupkis, diddly-squat on $14 billion.
Must be nice to have an entire political party in your back pocket.
"GE was able to utilize all of these various loopholes, all of these various deductions--it's legal," Ryan said. Nine billion dollars of GE's profits came overseas, outside the jurisdiction of U.S. tax law. GE wasn't taxed on $5 billion in U.S. profits because it utilized numerous deductions and tax credits, including tax breaks for investments in low-income housing, green energy, research and development, as well as depreciation of property.
Immelt's new adobe is in the Bloomberg Building, owned of course by gadzillionaire NYC Mayor Mike Bloomberg. It is located at 731 Lexington Ave. between 58th and 59th Sts.

Since the Mayor just tossed your asses out of Zuccotti Park, why don't some of you OWS hippies mosey over to Big Mike's digs and say "Howdy You Greedy Capitalist Swine!" to Jeff and the Mrs? Huh?

Here's a map you stinking apes.

"A" is 731 Lexington Ave. and "B" is the Park. Take a hike.

Some of them did take a hike.
Like this one.

Looks like the NYPD is employing some of the more classic modes of crowd control.
I miss those days. Rats, he still has some teeth.


OldSouth said...

I promise not to babble, really.

OWS seems to be more about the participants venting frustration and general anger at life, rather than any thoughtful attempt to specifically engage with any specific 'One-Percenter'.

That would require work and thought, skills at which the participants seem, well, unskilled.

But, hope springs eternal--perhaps someone in the mob will read your post, lead some of his comrades to the address, and attempt to camp out. Wonder how that will work out for them...

Looking at that exterior shot, the old quotation regarding life in glass houses does come to mind.

We live in strange times.

Best regards,


Kid said...

I like it :)

CI-Roller Dude said...

I was thinking of starting a fund to help in the legal fees for any of the cops who get in trouble for popping a hippie or two. whad' ya' think?

Undergroundpewster said...

Let them occupy Apple Computers too!

Subvet said...

That kid better suck it up, stop crying and get used to being thumped if he wants to be a true revolutionary.

sig94 said...

OS - strange times and interesting times indeed.

Like the old Chinese curse - "May you live in interesting times."

sig94 said...

Kid - I say these young people should show some initiative and try to piss somebody else off for a change!

Occupy Pelosi!

sig94 said...

CI - I'm in.

sig94 said...

Pewster - There's a whole list of places where they should go.

Occupy the Kremlin! See how long they last under the tender administrations of the spetsnaz.

Occupy Uganda! See how long they can stay out of the stew pot.

Occupy Mecca! Let Allah sort out that mess after the religious police get through with them.

sig94 said...

Subvet - they just don't make revolutionaries like they used to. I remember back in the day when they only cried when the tear gas got to them.

Kid said...

Sig, Pelosi would love that.