Gee, when the administration said its environmental policies were going to create hundreds of thousands of “green jobs,” I mistakenly assumed those jobs would be in our country. Is there a way to stop this?
Trying to buy off the dragon before it turns and buys us out, and who had a part of this? Everyone who bought something “made in China” within the last couple of decades.
This will not end looking pretty.
Our government hates and fears its citizens. They plot our destruction, because we hold values that are so different from theirs.
The reason China agreed to buy our debt IMHO is because of this exact situation. When we give aid to other countries there is always strings attached to most of it, we will give you “X” amount of money and you have to spend it buying American products.
I think the Chinese are simply doing the same thing here, they are buying our debt but have an agreement that money has to be spent back to China, just like we have done in Africa for decades.
We balk here the next round of debt sale might go very different than they have, I think there have been closed door meetings long before this situation hit the light of day.
It's only 450 million. Why worry about chump change?
Its not like we handed out a half a trillion dollars to foreign banks.
Well, it’s hard to believe that even our congresscritters are that boneheaded; one would have to think that at least some of them are also personally benefiting from this obscene scam. (This is not to ignore the significant category of stupid and venal congresscritters, which our native criminal class, as Mr. Rogers styled them, has always had a surplus of.)
They’ve been sending our tax dollars to China for years. Why stop now?
that it believes it can get nearly half a billion dollars in American Stimulus money for 2,000 Chinese wind turbine jobs.
The author mistakingly assumes that US taxpayer dollars are being used for the stimulus.
That is incorrect. Stimulus funds were actually borrowed from China.
The only thing US taxpayer funds are used for is to pay interest on the money that we borrow.
Beyond that, we are simply broke and up to our eyeballs in debt.
It's always shocking to find out how worried they are about the other countries, not the U.S.
They seem to think that Washington is like some island kingdom that rules the world, but they don't know why. It's just assumed. And that the welfare of the rest of the world is what's important - and U.S. will just have to take care of itself.
The problems begin and end in the Imperial City.
Well, they are the one’s holding our debt.
The article states that the European countries were shut out in Chinese turbine projects. But I doubt, the European countries paid for any of the wind farms in China.
In the end, if the Chinese are forced to pay the whole amount of the Texas wind farm, then they have no incentive to build them here in the US. They might as well build them in China.
And if people want the turbines in the Texas wind farm to be made in the US, then really, the US federal government should foot the whole bill and respectfully decline China's involvement AND funding.
The whole ruckus over this makes no sense to me at all.