Obama Uses U.S. Tax Money to Create Jobs in China

IsraPundit ^ | 10/30/09 | Bill Levinson

[Winged Hussar]

Obama's "Green Jobs" = lots of green (money) for China, Spain, Goldman Sachs, J.P. Morgan Chase

We reported previously that Kirsten Gillibrand (D-NY) wrote a letter to the Wall Street Journal in which she said openly that cap-and-trade legislation would enrich New York firms like Goldman Sachs and J.P. Morgan Chase along with the New York Stock Exchange. All this would happen at the expense of the American people, who would have to pay more for energy and who might lose their jobs when energy-intensive industries moved offshore. A newsletter from the Society of Manufacturing Engineers now reports that U.S. tax money is being used to finance the installation of Chinese-made wind turbines in Texas. This is Barack Obama's "green economy" at work, and Congress has yet to even pass cap and trade legislation.

China-U.S. Group Plans to Build Texas Wind Farm

The New York Times (10/29, B6) reports, "A consortium of Chinese and American companies announced a joint venture on Thursday to build a 600-megawatt wind farm in West Texas, using turbines made in China. Construction of the $1.5 billion wind farm will be financed largely by Chinese banks, with the help of loan guarantees and cash grants from the United States government."

Right, Barry. Why don't you tell us again how cap and trade is going to create "green" jobs for American workers.

[Winged Hussar]

[TBP]

Nice to know he’s doing something for his masters.

[pissant]

Just peachy. Communists sticking together.

[skully]

Now we know where the admin is getting that 650,000 jobs creation number from... Umm Mr. President, your supposed to create the jobs here.

And before you ask; No the Taliban doesn't get VA benefits!!!

[ex-snook]

We have been trading jobs to China and the rest of the world for 10 years. No wonder we have unemployment.

Trade is we buy product from you and you buy product from us. Not we buy product from you and send you factories, jobs and treasuries in return.

We have to make more of what we consume before we have recovery.

[Riley]

And before you ask; No the Taliban doesn't get VA benefits!!!

SHH! Don't say that so loud, that'll be next!

[cranked]

No doubt Barry and the WH added those numbers of jobs created in China to the dubious claim if 650K+ jobs being saved and created?

[sten]

there is a better solution that costs 1/3 as much, doesn't take long at all to roll out, and is American made.

http://hyperionpowergeneration.com/

[Wolfie]

If Goldman Sachs wants it, it’s a done deal.