Most of the numbers that MSNBC (and others) has been touting as an improving US Economy, have been generated by business that have been expanding their overseas operations and dropping dead weight here...Though it is a little refressing to see MSNBC to carry a story that actually skirts reality

AIG making huge profits again? Is that supposed to be good news? Makes me wonder what the current scam is - where's the white collar crime. What we should have done with the bail out was not offer it unless the Wall Street giants were divided up. That would single out the investment corporations as stand alone companies that are not too big to let fail. They could be forced into bankruptcy with all executive assets seized to pay debts with the first evidence of white collar crime or being less than honest in their accounting books (called LYING to shareholders and regulators). The world financially would be a safer place without AIG and Goldman Sachs.

Profit statements are a shell game. The multi nationals move assets offshore where they will not be taxed. Then they move losses on shore to get tax breaks here. Then you see them paying little or no income taxes in America.

http://www.forbes.com/sites/rickungar/2011/06/01/how-our-largest-corporations-made-170-billion-during-great-recession-and-paid-no-taxes/

How Our Largest Corporations Made $170 Billion During The Recession And Paid No Taxes