Ex-Im Bank Dispute Threatens G.E. Factory That Obama Praised

[Deleted]

When President Obama visited General Electric’s engine factory in January 2014, he praised it as a sign that manufacturing in America could have a promising future.

A little over a year and a half later the Waukesha plant manager told workers the factory would be shut down. G.E., he said, had decided to shift production of the industrial engines — and the workers’ jobs — to Canada.

www.nytimes.com/2015/10/26/business/ex-im-bank-dispute-threatens-ge-factory-that-obama-praised.html?hp&action=click&pgtype=Homepage&module=second-column-region&region=top-news&WT.nav=top-news&_r=0

[Ozarks Tom]

What? Wait, obama visits yet another factory to give it his kiss of death?

The ex-im bank is pure crony capitalism at its finest. When you look at who it's giving money to, it's like reading a list of companies who don't need it to begin with.

[Deleted]

Boeing CEO: Losing Export-Import Bank "means loss of jobs"

Too big to not be enabled to become bigger.

[poppy]

The CEO of GE is a BIG Obama supporter. We decided long ago not to buy anything made by GE. It takes a lot of research to avoid their products because they make appliances and such under a big number of brand names.

[Wanderer0101]

Oct 26, 2015 14:21:29 GMT poppy said:

The CEO of GE is a BIG Obama supporter. We decided long ago not to buy anything made by GE. It takes a lot of research to avoid their products because they make appliances and such under a big number of brand names.

Yep, another big Obama supporter whose company pays no tax.