$450 Million in U.S. Stimulus Money Going To Reid And Obama Donor-Backed Chinese “Green” Company? | NewsReal Blog: "Kudos to MSNBC, the usually reliable Barack Obama cable network, for staying on top of a story getting little play by the mainstream press, and even by their ‘fair and balanced’ rivals over at Fox News.
It seems that some of that Obama-Reid-Pelosi stimulus money, which was supposed to be used to help create jobs here at home, may be helping to stimulate the Chinese economy instead. This would be on top of the help that the Chinese would get competitively if Obama’s cap-and-trade proposals are ever enacted.
As reported by MSNBC, top Democratic fundraisers, union supporters and lobbyists with links to the Obama White House are behind a proposed wind farm in Texas that stands to get $450 million in stimulus money. This would be fairly routine but for the fact that A-Power Energy Generation Systems, a Chinese supplier of wind turbines, would operate the farm and its turbines would be built in China. The Chinese are also bringing some financing of their own to the project.
In other words, we will be helping to subsidize jobs in China with American taxpayer-supplied stimulus money and going into further debt to the Chinese at the same time."
See original work for more on this and other stories.
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.