Stimulus Millions Going to Foreign Firms and Creating Foreign Jobs While US Unemployment Skyrockets

With a DINO administration and DINO led invertebrates on Capitol Hill, who needs to worry about the right wing controlled GOP?

These pseudo Democrats are doing horrendous damage, as they continue to betray the traditional principles of the Democratic Party and have become a carbon copy of the GOP supporting and promoting by their actions government of, by, and for the wealthy few; their corporate crony contributors; the hell with regular Americans and the common good.

As joblessness skyrockets, and this Bushite caused and Obama administration maintained depression unemployment fuels hunger in the US like that of a third world country, the DINO White House and Congress fiddle with ineffective band aid policies and legislation while regular Americans are caught in this terrible conflagration of economic inequality caused by the wealthy elite few who increase their obscene, gargantuan riches at the government feeding trough with the support of a government they control.

Leo Gerard, president of the United Steelworkers, hits the nail on the head with his recent commentary.

"It turns out a Texas windmill farm developer's request last month for nearly half a billion in stimulus funds to create 2,000 jobs in China doesn't rank first on the audacity scale.

"Shockingly for American taxpayers, and sadly for the staggering 10.2 percent of Americans who are unemployed, it doesn't even rank second.

"That's because Washington already has doled out hundreds of millions in stimulus funds to foreign renewable energy firms. Of the $1.05 billion in clean energy grants awarded by D.C., $849 million -- 84 percent -- went to foreign wind companies, according to an analysis by Russ Choma of the Investigative Reporting Workshop. He wrote:

" 'The cash grants were given for the installation of 1,763 megawatts of capacity - 1,566 installed by foreign companies. Using the Renewable Energy Policy Project's own numbers, as many as 4,500 manufacturing jobs may have been created overseas.'

"A strong, broad Buy American clause in the stimulus bill could have prevented the off-shoring of U.S. tax dollars intended to create jobs for unemployed Americans. My union, the United Steelworkers, and the AFL-CIO pushed hard for that language, and polls86 percent of Americans supported it. Republicans and lobbyists for multi-national corporations that wanted to spend U.S. tax money overseas opposed Buy American provisions. showed

"Congress adopted weak, limited Buy American language. Now D.C. exports stimulus dollars to create jobs in foreign countries.

"Some of the foreign wind firms that got stimulus funds have American subsidiaries. But most of them shipped major components for wind farms to the U.S. That means American stimulus dollars employed foreign workers. One Spanish company, Iberdrola S.A., got $545 million from U.S. taxpayers.

"Lavishing stimulus funds on foreign businesses is tragic for another reason: Those overseas companies are competitors to fledgling U.S. firms that were supposed to get the money. President Obama has said he wants the U.S. to be "the world's leading exporter of renewable energy." That's not going to happen if the U.S. pays European and Chinese manufacturers to import wind turbines.

"There's no reason except a desire to shoot itself in the foot for the U.S. not to protect and promote its own renewable energy industries. "The Building the Clean Energy Assembly Line" report provides recommendations for Congress to cultivate American renewable energy industries, including long-term investment tax credits, adopting a national standard requiring a minimum percentage of electricity be generated through renewable energy, passing cap and trade legislation, and providing low-interest financing.

"The Texas windmill farm developer announced this week that its Chinese partner plans to construct a $50 million turbine factory in the U.S., according to a story in the New York Times. But that facility won't supply the turbines for the project that the partnership wants $436 million in stimulus funds to support. Those would come from China. So, in the end, it still means nearly half a billion in U.S. tax dollars would create 2,000 turbine-building jobs in China."

With unemployment rocketing into double digits, what the hell is this woodenheaded administration and Congress doing giving billions in stimulus money, hard earned taxapayers' dollars, to foreign companies and foreign jobs?  It's a repeat of the destructive criminal Bush regime.

This should anger all Americans who voted for change.

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