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In reply to the discussion: CBS news claims the US has the highest corporate taxes in the world. [View all]Rain Mcloud
(812 posts)27. GE was an early adopter
of media as a soapbox to express its managements views.
You might remember a hack B list actor who switched party's and went to work for GE as its spokesman.
I hear they built him a very fine house of the future and in 1961 GE sponsored a record called Ronald Reagan Speaks Out Against Socialized Medicine.
This is what I had in mind for the above comment.
I found this wonderful link to Reagan endorsing Truman before he drank the GE Flav-R-Aid and switched sides:
[link:
edit:hope the link works now
Sound like the Do-nothing-Obstructionist congress of today? I think so.
I once worked for a small family owned electrical shop and I had a very interesting conversation with a retired electrical engineer who once worked for Westinghouse and the topic was crappy light bulbs.
He maintained that the light bulb manufacturers formed an uneasy consortium at the end of the 1950's. The consortium agreed to find ways to limit the life span of light bulbs and to make them cheaper.
The customer would see it as a good thing from paying less while the manufacturers would see higher profit margins through increased sales.
I do know that the antique bulbs which we still had for use-in-house lasted for years unlike the modern ones we sold,typically lasted a few weeks.
I have no doubt that the Westinghouse J30 engine was based on the engine from the Messerschmidt ME-262.
I believe that i heard from some of the old timers that as many as five 262's were brought here to the states after the war for reverse engineering.
A number of Japanese jets may have also been based on the ME 262,a primitive manufacturing plant was discovered inside a mountain with hand built jets inside when the US troops occupied Japan after the war.
As a kid I used to dream of jet propelled Mustang's and Spitfires,who knows,with todays advanced materials and technology something like that could be awesome fun in the aerodrome/fluketaag.
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It isn't "always," just usually. Michio Kaku. Oh, well, if Kaku says so, it must be true. Not.
HiPointDem
Apr 2012
#19
The EFFECTIVE tax rate for corprats, after all the loopholes and subsidies....
ProfessionalLeftist
Apr 2012
#5
The complete elimination of corporate taxes wouldn't "draw" business to the US
jmowreader
Apr 2012
#12
And Obama recently offered to cut them and the offer was rejected by the Republicans
rufus dog
Apr 2012
#25