The outsourcer in chief

Discussion in 'Politics' started by Jackson, Jul 10, 2012.

  1. Jackson
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    Jackson Gold Member Supporting Member

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    Tracing Obama's Overseas Investments

    Switzerland

    Cronyism
    Swiss-Based Landis+Gyr Received Over $50 Million In Stimulus Contracts For Their Smart Grid Meters. Cathy Zoi, A Former Obama Energy Department Official, Held Over $250,000 Worth Of Stock In The Company As They Profited From Her Department's Policies. Zoi Had Previously Served As An Executive Director At Landis+Gyr Before Joining The Obama Administration.

    China
    Stimulus Funds
    North Carolina-Based LED Maker Cree Inc. Received Over $39 Million Through The Stimulus And Later Opened Its First Plant In China. Over Half Of The Company's Employees Are Now Located In China And Cree's CEO Says The Company's Strategy Is "Cree Chip, China Heart."

    Loan Guarantees
    Sempra Received A $337 Million Loan Guarantee For An Arizona Solar Plant. The Solar Panels Will Be Supplied By SunTech, A Chinese Solar Panel Manufacturer.

    Jobs Council
    General Electric Cancelled An Order From Wind Turbine Manufacturer ATI Casting In Order To Get The Parts Cheaper From China. After ATI Offered To Match The Price, GE Still Refused The Order. ATI Was Forced To Layoff 302 Workers Due To The Move.

    General Electric Has Also Been Criticized For Using Chinese Made Wind Towers Over American Towers At The Stimulus Funded Shepherds Flat Wind Farm In Oregon.
    Stimulus Funds

    Solar Power Industries Received A $5.4 Million Stimulus Grant Before Laying Off American Workers Based On An Increased Reliance On Imports From China.


    Finland

    Loan Guarantees
    After Receiving A $500 Million Loan Guarantee, Fisker Automotive Is Producing Their $100K Luxury Electric Sports Car In Finland.

    Denmark

    Stimulus Grants
    Subsidiaries Of Danish Wind Mill Maker Vestas Received $51.6 Million In Stimulus Grants To Build U.S. Based Factories. They Have Announced Plans To Layoff 180 U.S. Workers And Possibly Another 1,600 By The End Of The Year.
    Stimulus Grants
    The Windy Flats Project Began Construction Before The Stimulus Was Passed, Received A $218 Million Stimulus Grant And Used Wind Turbines Assembled By Seimans In Denmark.

    Stimulus Funds
    Danish Catalyst Company, Haldor Topsoe, Received A $25 million Stimulus Award For The Construction Of A Demonstration Scale Biorefinery.


    South Korea

    Stimulus Funds
    Two Korean Manufacturers Of Electric Vehicle Batteries Were Given $300 Million To Build Plants In Michigan. Union Workers Are Now Claiming That Foreign Nationals Are Being Brought In To Fill Jobs That They Could Take. The Department Of Energy Has Admitted That 11 Of The 18 Contractors On Site Are Asian Firms.

    Stimulus Grants
    The Gulf Wind Project Received A $179 Million Stimulus Grant And Sourced The Parts From South Korea, As Well As Japan And Mexico.


    Australia

    Stimulus Funds
    The Melanoma Institute of Australia received a $162,000 stimulus contract to supply the National Cancer Institute with tumor samples.


    Mexico

    Stimulus Funds
    SunPower Admits That Some of the Solar Panels for the $1.3 Billion Stimulus Backed California Solar Valley Ranch Will Be Manufactured At Their Facility In Mexico Rather Than Their Facility In California.

    Stimulus Funds
    ABB Inc. Received Over $16 Million in Stimulus Funds to Create Green Energy Manufacturing Jobs, the Company Has Laid Off Workers in the U.S. and Transferred Work To Mexico.


    Dominican Republic

    Stimulus Funds
    Parago Used Stimulus Funds to Hire Hundreds of Workers in El Salvador and the Dominican Republic to Administer a Renewable Energy Appliance Rebate Program.


    New Zealand


    Stimulus Funds
    A $817,000 Stimulus Contract Was Awarded To New Zealand's Connexionz To Install Bus Monitors For The City Of Santa Clarita. A Local Contractor That Could Have Performed The Work Objected To The Funds Going Overseas.


    Thailand


    Bailout Funds
    After Taking A Taxpayer-Funded Bailout, General Motors Opened A $200 Million Plant In Thailand To Supply Diesel Engines For The Chevrolet Colorado Pickup Truck.


    Vietnam

    Jobs Council
    General Electric Opened A $61 Million Factory In Hai Pong To Produce Wind Turbine Components. GE's CEO Jeffery Immelt Chairs The President's Jobs Council And The Company Has Received Over $1.2 Billion In Stimulus Funds.


    Italy

    Stimulus Funds
    Brevini Wind Was Given A $12.75 Million Tax Credit To Build A Facility To Manufactuer Wind Turbine Gearboxes In Indiana. Over Two Years Later The Company Has Only Hired 70 Of The 450 Workers Promised And The Company Has Announced They Do Not Expect To Be Operating The Facility Until Late-2013.


    Russia

    Stimulus Funds
    Ener1 Received Over $118 Million In Stimulus Funds To Produce Vechicle Batteries. After Going Bankrupt, It Was Acquired Outright By A Russian Investor, Sparking Security Concerns Surrounding The Company's Work for The U.S. Military.


    Germany

    Stimulus GRants
    E.ON Climate & Renewables Received Over $440 Million In Stimulus Grants For Wind Farms That Began Construction Before The Stimulus Was Passed.
    Stimulus Grants
    At Least 25 Wind Turbines For Stimulus Funded Projects Were Supplied By German-Based Nordex.


    Luxembourg

    Stimulus Funds
    Luxembourg-Based ArcelorMittal's Subsidiary Received $31.5 Million In Stimulus Funds For A Waste Heat Recovery Unit.


    El Salvador

    Stimulus Funds

    Parago Used Stimulus Funds to Hire Hundreds of Workers in El Salvador and the Dominican Republic to Administer a Renewable Energy Appliance Rebate Program.


    Great Britain

    Stimulus Funds
    $39 Million In Stimulus Funds Went To Navistar For Electric Delivery Trucks That Are Manufactured In Coventry, England.

    Stimulus Grants
    British Private-Equity Firm Terra Firma Received Over $40 Million In Stimulus Funds Through An American Wind Consortium It Bought Just Days Before The Stimumuls Funds Were Awarded.


    India

    Stimulus Grants
    India-Based Suzlon And Its Subsidiaries Installed Over 200 Wind Turbines Under Obama's Stimulus Grant Program With Most Of The Materials Coming From Its Operations Overseas.


    Spain

    Stimulus Funds
    Spain-Based Iberdrola Renewables Received $1.5 Billion In Loans And Grants And Claimed It Created Over 15,000 American Jobs But The Company Only Has 850 U.S.-Based Employees.

    Stimulus Grants
    Madrid-Based EDP Renewables Received Over $100 Million In Grants For Their Wind Farms and Announced In September 2011 That They Were Planning To Lay Off 10% Of Their North American Workforce.


    Indonesia

    Stimulus Funds
    The EPA Gave A $1.5 billion Grant To Indonesia To Reduce Air Pollution In Jakarta.


    Japan

    Stimulus Grants
    Japanese-Subsidiary Eurus Energy Received $91.4 Million In Stimulus Grants For A Wind Farm Completed Before The Stimulus Was Passed And Used 180 Turbines Manufactured Overseas By Mitsubishi.


    France

    Cashing In
    French Wind Farm Developer EnXco Pulled In Over $69 Million In Cash Grants Through The Stimulus' 1603 Program.

    _________________________________
    What is the big difference between Romney’s and Obama’s overseas investments? Obama used OUR money. The OUTSOURCER IN CHIEF.
     
  2. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    God knows Papa Obama can't help to make enough jobs here
     
  3. hortysir
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    hortysir In Memorial of 47

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    Link, please.
     

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