All posts tagged New Haven

Occupy Wall Street Occupies GE CEO’s Front Lawn…

Now THIS is where they need to be, other than at the White House….I’m just saying. ~Mellie

 

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10/22/2011 @ 4:38PM |6,058 views

Protesters Occupy GE CEO Jeff Immelt’s Connecticut Front Lawn

Forbes Staff
Jeff Immelt (392229055)Image via Wikipedia

Occupy Wall Street protesters took a field trip from Zuccotti Park on Saturday morning, all the way to the wealthy suburban enclave of New Canaan, Conn., where they took their anger at income and tax disparity to GE CEO Jeff Immelt’s front lawn.

“In the land of the free they tax me but not G.E.!” read the invitation to take an hour bus ride to Immelt’s family home to join the protest, organized by liberal political party Connecticut Working Families. “General Electric made billions last year; they paid no taxes, outsourced thousands of jobs, and got over $3 billion in tax refunds! Join us on a free bus trip to G.E’s CEO’s front lawn to see how our friends in the 1% live.”

A crowd of about 100 protesters from Connecticut Working Families, Occupy Wall Street and local offshoot Occupy New Haven spent the afternoon standing outside Immelt’s 6-bedroom, 10-bathroom, $5.25 million home. Photos from local news site New Canaan Patch show a police officer guarding Immelt’s gates while protesters hold placards reading “Mr. Immelt, Meet the 99%” and “Jobs Not Bailouts”.

Read More at Forbes.com

 

Funny thing though… Mr. Immelt supports the Occupy Wall Street Movement

 

GE’s Immelt empathizes with Occupy Wall Street

By Annalyn Censky @CNNMoneyOctober 17, 2011

jeff-immelt.gi.top.jpg

NEW YORK (CNNMoney) — General Electric’s CEO Jeff Immelt said Monday he empathizes with the grievances of the Occupy Wall Street protesters.

“Unemployment is 9.1% and underemployment is much higher than that, particularly among young people that don’t have a college degree,” he said. “It is natural to assume people are angry, and so I think we have to be empathetic and understand that people are not feeling great.”

Speaking at a ThomsonReuters event in New York, Immelt went on to discuss the gap between CEO pay and average wages, one of the main sources of discontent among the Occupy Wall Street activists.

“I think the discrepancy is certainly one of the problems today in terms of why people feel the system is unfair,” he said. “So let’s be honest about that. It is part of the problem.”

 

Read more of this at CNN.com