TV News LIES

General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

That may be hard to fathom for the millions of American business owners and households now preparing their own returns, but low taxes are nothing new for G.E. The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years, resulting in a far lower rate than at most multinational companies.

Bank executives rarely face money laundering charges because investigators don't usually uncover the kind of decisive evidence needed to convict them, prosecutors said Monday at an international conference in Florida.

"You don't find the smoking gun email where an executive says, 'I know it's drug money, but go do it anyway,'" said Evan Weitz, a New York federal prosecutor, during a panel discussion at the annual anti-money laundering conference.

A group of Silicon Valley corporate leaders ventured to Capitol Hill this week with a message for U.S. lawmakers: If you don’t lower our taxes, plenty of other countries will.

The 18 CEOs and other executives met with dozens of legislators March 16 and yesterday with the aim of also protecting government spending on scientific studies and tax deductions for corporate research and development while pushing for changes they say will make their companies more competitive.

"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning." -Warren Buffett to The New York Times, November 26, 2006

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Those who manipulate the unseen mechanism of society constitute an invisible government. We are governed, our minds molded, our tastes formed, our ideas suggested largely by men we have never heard of ... in almost every act of our lives whether in the sphere of politics or business, in our social conduct or our ethical thinking we are dominated by the relatively small number of persons who understand the mental processes and social patterns of the masses. It is they who pull the wires that control the public mind.

Middle East arms sales, such as the massive $67 billion military package for Saudi Arabia, are keeping the U.S. defense industry in business. These days, with the Arab world in turmoil, two presidents booted out and a third fighting for survival of his authoritarian regime, that strategy is being questioned.

The wave of unrest in the region has given new weight to concerns that the vast arsenals of weapons the United States has sold to Arab states over the years could fall into the hands of anti-American forces.

The World Bank/IMF is owned and controlled by NM Rothschild & Sons plus 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take over the planet through money. The former chief economist of the World Bank, Joe Stiglitz, was fired in 2000. He pointed out to top executives that every country the IMF/World Bank forced their way into ended up with a crashed economy, a destroyed government, and some even broke out in riots. Former President of the World Bank/IMF Sir James Wolfensohn, would not comment on his dismissal.