(Click for larger image) – From Matt Wuerker at Daily Kos
General Electric, America’s largest corporation, made $14,200,000,000 in profits in 2010 and paid $0 in taxes — that’s right, zero dollars in taxes.
At the same time, C.E.O. Jeffrey Immelt saw his compensation double. Now GE is expected to ask 15,000 of their unionized workers to make major concessions in wages and benefits.
Adding insult to injury, Mr. Immelt is chair of President Obama’s Council on Jobs and Competitiveness. That’s wrong. Mr. Immelt should not lead the administration’s effort to create jobs.
Join Russ Feingold and sign Progressives United’s petition for Mr. Immelt to resign from his position on President Obama’s jobs panel today.
Jon Stewart mocks the parasites at Fox News that think $250,000 income for their fellow parasites at Wall Street is close to poverty, but $50,000 for a teacher doing a job few of us could do [educating the future] is bankrupting the country. And how banker bonuses are legal contracts. but workers salaries are a different story… As Stewart says ‘When will America’s teachers follow the lead of Wall Street and start making sacrifices for the children?’
Education doctor and professor Diane Ravitch explains how education reform should focus on eradicating children poverty and not targeting teachers.
Ed Schultz proves how unions are supporting, not hurting, the middle class using data from the Center for American Progress.
And the latest labor ad against Koch brothers favorite Scott Walker