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Wind turbine, that they're going to be eligible for tax credits. they want them to, when they're importing these new light bulbs, they want to make sure they're not overtaxed. so there is a lot of connections and there is -- ge does claim it's relate to go their financial unit that they get a lot of these offsets, but in all honesty, it's hard to zero. they paid less tax than the guy working in mcdonald's part-time. >> rick: that's the thing. the guy working in mcdonald's part-time, the woman who is teaching fifth grade, those of us who are out there working for a living and trying to get by a...

Jobs, jobs and more jobs. it was the word of the day as president obama announced his new white house council on jobs and competitiveness. designed to attract new hires and businesses to the u.s., the task force will be headed by general electric's ceo. here the president explaining why the ge exec is just the man to take the lead. >> we want an economy fueled by what we invent and what we build. we're going back to thomas edison's principles. we're going to build stuff and invent stuff. now, nobody understands this better than jeff imle. he understands what it takes for america to compete in ...

President obama announced his new white house council on jobs and competitiveness. design to attract new hires and businesses to the u.s., the task force will be headed by general electric's ceo. here the president explaining why the ge exec is just the man to take the lead. >> we want an economy fueled by what we viciniinvent and what w build. we're going back to thomas edison's principles. we'll build stuff and invent stuff. now, nobody understands this better than jeff imle. he understand what it takes for america to compete in the global economy. >> ali velshi joins us now. thanks for bein...

They're in aircraft. the bottom line is i think we need someone with skin in the game. we tried it the white house's way which is having government stimulate job creation. didn't happen. now you've got somebody who really knows about job creation, doing business overseas with the chinese and selling them products. >> ali, that's all true, but let me add one other aspect to jeff imle. ge capital got the largest bailout and sits on the board of the new york fed as a public representative and not even as industry representative and at the same time his company got huge, huge subsidies of taxpayer...