Obama Sending Stimulus Money to China

IsraPundit ^ | 10/09/09 | Bill Levinson

[Winged Hussar]

The Obama Administration sends taxpayer dollars for "green jobs" to Chinese manufacturers

Kirsten Gillibrand's letter to the Wall Street Journal has already proven that the real purpose of Obama's "climate change" legislation is to create a market for carbon credits--a phony commodity with even less value than mortgage-backed securities or dot-com stocks--to enrich Obama campaign contribution bundlers like Goldman Sachs and J.P. Morgan Chase. Goldman Sachs bundled almost a million dollars in campaign contributions to help elect Obama so he could pass laws to enrich the company's highly-compensated executives even further, at the expense of working Americans who will have to pay more for fuel, heat, and electricity. As shown by the following piece in the Wall Street Journal, Obama is now sending our money to create "green" jobs--in Mainland China. Even someone as left-wing as Charles Schumer (D-NY) finds this repugnant.

[Winged Hussar]

I NEVER imagined myself agreeing with Charles Schumer, but maybe even he is recognizing the occupant of the White House for what he is: a sick practical joke the country played on itself last November.

[JohnLongIsland]

At least they will spend it more wisely than a lot of places here.

[FreedBird]

the dollar will be worthless if Obama has his way.

[Bokababe]

Loved the cartoon.