Here are some excerpts from this morning’s New York Times: “The chip maker Advance Micro Devices topped earnings expectations for the quarter.” “GE posts earnings that exceed forecasts.” “McDonald’s profit is up.” “DuPont tops forecasts; profit up 27%.” “Blackrock earnings increase 34%.” “Real estate helps profit increase 58% at Blackstone.” “Xerox reports rise in profit […]
Tag: GE
THE SCANDALOUS TAX CODE
Well, the taxman made his annual visit to collect his due, and while we made it through another year, we’re also another couple of trillion dollars deeper in debt. As we are forever reminded, there are but two remedies for excessive debt: cut spending or raise taxes, one or the other, or a combination of […]
MEET GE, CORPORATE CITIZEN
Allow me to introduce you to General Electric, labeled by the NY Times this morning as “the nation’s largest corporation.” On second thought, let’s let GE introduce itself. Here, on its website, is how it describes its role as a corporate citizen: “GE’s approach to corporate citizenship and to business are[sic] driven by a common […]