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Freitag, 25. März 2011

Dancing Elephants - Continued - The New York Times

Jeffrey R. Immelt? Ain't this the Fellow at GE with the Dancing Elephants who was chosen by The President to head the Council of Economic Advisers?

Now, Boys, shouldn't he also be given a Hefty Raise or be paid a Huge Bonus by GE? And, given the Expertise of John Samuels, who formerly worked for The Treasury and now works for GE, it should not be too difficult, if at all, to claim either Payment as an Expense Deduction for GE. No Social Security Withholding Taxes need to be paid to The Treasury for this, either, since the additional Compensation would be over the Threshhold. What the Heck! Give'm both the Raise and the Bonus! There would be no Adverse Impact on GE's Earnings if you do this, Boys; the Money will come from the U. S. Treasury! Oh, lest we forget; no Social Security Withholding Taxes to be taken from Mr. Immelt's Compensation for his 'Services' to the Government as an 'Economic Adviser.'

The earlier Reference to 'Dancing Elephants' in this Forum appears to be corroborated by the Article which appeared on 24 March 2011, in The New York Times (Link below). The New York Times also makes Reference to GE's Slogan in the 'Dancing Elephants' Ad: 'Imagination at Work!' NO KIDDING!!!

http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=1&nl=todaysheadlines&emc=tha2