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Revealing News For a Better World

General Electric pays no US taxes
Key Excerpts from Article on Website of Forbes magazine


How can it be that you pay more to the IRS than General Electric?
Forbes magazine, April 1, 2010
Posted: 2010-04-19 00:23:58
http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-w...

Some of the world's biggest, most profitable corporations enjoy a far lower tax rate than you do – that is, if they pay taxes at all. The most egregious example is General Electric. Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion. How did this happen? It's complicated. GE in effect consists of two divisions: General Electric Capital and everything else. The everything else – maker of engines, power plants, TV shows and the like – would have paid a 22% tax rate if it was a standalone company. It's GE Capital that keeps the overall tax bill so low. Over the last two years, GE Capital has displayed an uncanny ability to lose lots of money in the U.S. (posting a $6.5 billion loss in 2009), and make lots of money overseas (a $4.3 billion gain). Not only do the U.S. losses balance out the overseas gains, but GE can defer taxes on that overseas income indefinitely. It's the tax benefit of overseas operations that is the biggest reason why multinationals end up with lower tax rates than the rest of us.

Note: Forbes later changed the title of this article to a more innocuous "What The Top U.S. Companies Pay In Taxes." Can you believe that GE not only pays no taxes, they actually get credit from the US government? They ship US jobs overseas and then reap huge tax benefits as a result. What's wrong with this picture? For a wealth of media news articles on the hidden manipulations of major financial corporations, click here.


Explore our index to revealing excerpts of key news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.

Below is a sample of just three of those 20 articles.


U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
http://abcnews.go.com/US/story?id=92662

In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban emigres, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof ... that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.

Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.


Inside the secretive Bilderberg Group
2005-09-29, BBC News
http://news.bbc.co.uk/1/hi/world/americas/4290944.stm

How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.

Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.


[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
http://news.bbc.co.uk/1/hi/world/middle_east/1559151.stm

Another of the men named by the FBI as a hijacker in the [9/11] suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.

Note: The deceptions in the 9/11 official story are clearly shown in this key story. The FBI never revised its list of alleged hijackers. These four are all listed in the official 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more, see this webpage. Explore also concise summaries of deeply revealing news articles with evidence of a 9/11 cover-up from reliable major media sources. Then examine an abundance of reliable information suggesting a major 9/11 cover-up.


The above three are excerpts from the 20 most revealing news articles ever published.

Below is a sample of the three articles most recently posted to this website.


Hilary Cass Says U.S. Doctors Are ‘Out of Date' on Youth Gender Medicine
2024-05-13, New York Times
https://www.nytimes.com/2024/05/13/health/hilary-cass-transgender-youth-puber...

After 30 years as one of England's top pediatricians, Dr. Hilary Cass ... took on a project that would throw her into an international fire: reviewing England's treatment guidelines for the rapidly rising number of children with gender distress, known as dysphoria. Staff members who said they felt pressure to approve children for puberty-blocking drugs had filed whistle-blower complaints. Over the next four years, Dr. Cass commissioned systematic reviews of scientific studies on youth gender treatments and international guidelines of care. She also met with young patients and their families, transgender adults, people who had detransitioned, advocacy groups and clinicians. Her final report, published last month, concluded that the evidence supporting the use of puberty-blocking drugs and other hormonal medications in adolescents was "remarkably weak." On her recommendation, the N.H.S. will no longer prescribe puberty blockers outside of clinical trials. Dr. Cass also recommended that testosterone and estrogen, which allow young people to develop the physical characteristics of the opposite sex, be prescribed with "extreme caution." "We have to stop just seeing these young people through the lens of their gender and see them as whole people, and address the much broader range of challenges that they have ... I've spoken to young adults where it was the wrong decision, where they have regret, where they've detransitioned. The critical issue is trying to work out how we can best predict who's going to thrive and who's not going to do well," [said Dr. Cass]. "Medicine should never be politically driven. It should be driven by evidence and ethics and shared decision-making with patients and listening to patients' voices. Once it becomes politicized, then that's seriously concerning, as you know well from the abortion situation in the United States."

Note: We believe that everyone has a right to exist and express themselves the way they want. Yet when it comes to transgender medicine, research suggests significant health concerns. Why aren't we openly discussing this so that people (especially children) can make informed choices about their bodies? Explore our concise summaries of important news articles on transgender medicine.


Thousands Believe Covid Vaccines Harmed Them. Is Anyone Listening?
2024-05-03, New York Times
https://www.nytimes.com/2024/05/03/health/covid-vaccines-side-effects.html

Thousands of Americans believe they suffered serious side effects following Covid vaccination. As of April, just over 13,000 vaccine-injury compensation claims have been filed with the federal government. Only 19 percent have been reviewed. Only 47 of those were deemed eligible for compensation, and only 12 have been paid out, at an average of about $3,600. In a recent interview, Dr. Janet Woodcock, a longtime leader of the Food and Drug Administration ... said she believed that some recipients had experienced uncommon but "serious" and "life-changing" reactions beyond those described by federal agencies. "I feel bad for those people," said Dr. Woodcock, who became the F.D.A.'s acting commissioner in January 2021. "I believe their suffering should be acknowledged, that they have real problems, and they should be taken seriously." The government's understaffed compensation fund has paid so little because it officially recognizes few side effects for Covid vaccines. People who said they had been harmed by Covid shots ... described a variety of symptoms following vaccination, some neurological, some autoimmune, some cardiovascular. All said they had been turned away by physicians, told their symptoms were psychosomatic, or labeled anti-vaccine by family and friends – despite the fact that they supported vaccines. The National Institutes of Health is conducting virtually no studies on Covid vaccine safety, several experts noted.

Note: While mainstream narratives emphasize how rare these injuries are, the numbers speak for themselves. The Vaccine Adverse Event Reporting System (VAERS) is a voluntary government reporting system that only captures a portion of the actual injuries. Vaccine adverse event numbers are made publicly available, and currently show 1,637,441 COVID vaccine injury reports, 37,544 COVID Vaccine Reported Deaths, and 216,213 COVID Vaccine Reported Hospitalizations. Explore our nuanced, uncensored investigation about this important issue.


Biden Administration Strips Federal Funding From Nonprofit at Center of COVID Lab Leak Controversy
2024-05-15, Aol News/Reason
https://www.aol.com/news/biden-administration-strips-federal-funding-21253768...

The Biden administration suspended federal funding to the scientific nonprofit whose research is at the center of credible theories that the COVID-19 pandemic was started via a lab leak at the Wuhan Institute of Virology. The U.S. Department of Health and Human Services (HHS) announced that it was immediately suspending three grants provided to the New York-based nonprofit EcoHealth Alliance (EHA) as it starts the process of debarring the organization from receiving any federal funds. For years now, EcoHealth has generated immense controversy for its use of federal grant money to support gain-of-function research on bat coronaviruses at the Wuhan lab. HHS said that EcoHealth had failed to properly monitor the work it was supporting at Wuhan. It also failed to properly report on the results of experiments showing that the hybrid viruses it was creating there had an improved ability to infect human cells. In testimony to the House's coronavirus subcommittee, [EcoHealth President Peter ] Daszak claimed that EcoHealth attempted to report the results of its gain-of-function experiments on time in 2019, but was frozen out of NIH's reporting system. [An] HHS memo released today says a forensic investigation found no evidence that EcoHealth was locked out of NIH's reporting system. The department also said that EcoHealth had failed to produce requested lab notes and other materials from the Wuhan lab detailing the work being done there.

Note: Watch our 15-min Mindful News Brief video on the strong evidence that bioweapons research created COVID-19. For more along these lines, see concise summaries of deeply revealing news articles on COVID and government corruption from reliable major media sources.


The above three are excerpts from the news stories most recently posted to this website.

Explore our index to revealing excerpts of news articles on several dozen topics.

Don't miss amazing excerpts from the 20 most revealing news articles ever published.


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