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Depressing. How would you even know these were foreign companies?
I paid a lot extra to get Firestone tires on my tractor because I wanted USA.
This is really depressing.
Of Course they do pay taxes. As the matter of fact, there are 100s of foreign corporations
like Sanofi from France, Nestle from Switzerland, BASF, BMW, Bayer, Siemans, VW, Turner Construction from Germany, this is just a small list.
Unlike General Electric, these companies pay taxes in addition to providing jobs in the US.
By the way, Merck owned by Germans, and US government cofiscated in 1917. Skype used to own by Estonian company, and bought by Microsoft a couple of years ago.
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[BRIEFING.COM] The drive for five continued today and it was a success. For the fifth straight session, the S&P 500 ended lower. Like the previous four sessions, though, the losses were fairly modest in scope. The S&P 500 declined 0.4%, bringing its total loss for the five sessions to 22 points or 1.2%. All in all, that still qualifies as a pretty tame slide considering the S&P 500 had risen 150 points, or 9.1%, over the previous eight weeks.
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