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HeyBub[_3_] HeyBub[_3_] is offline
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Default GE pays no income tax

Higgs Boson wrote:
On Mar 29, 9:46 am, bob haller wrote:
Once GE gewts hit with all the lawsuits over the japanese reactor
there will be no profits to pay taxes on, GE will end up in
bankruptcy.

Their cheaper reactor the buyers got what they paid for


I gotta say that, according to what's coming out now, the Japanese
engineers/geologists/other specialists were using very, very, very old
data when planning and siting these reactors. Nobody had properly
studied the history of earthquakes going back over 1,000 years. This
is just plain inexcusable. Not that GE isn't at fault too for their
criminal greed, but the Japanese had a duty to study the geology and
earthquake history of these areas before committing to the cheap-o GE
product.


What greed? What cheap-o product? The reactors performed exactly - or almost
exactly - as they were designed. They shut themselves down properly and so
forth.

The genesis of the current problem, the root cause, the whole enchilada,
lies at the foot on one horrendous mistake: The location of the reactors.

Blaming GE for the site's vulnerability to a tsunami is like blaming Sunbeam
for a toaster failure when the toaster gets submerged.