Patriot Action Network

Standing against big government and for the people!

UPDATED: Expose on Outsourcing Jobs by Obama with YOUR tax dollars...the REAL STORY...

July 17,2012

By Darla Dawald

 

"And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade - jobs that pay well and can't be outsourced; jobs building solar panels and wind turbines and a new electricity grid; jobs that will help us eliminate the oil we import from the Middle East in ten years and help save the planet in the bargain. That's how America can lead again."

President Barack Obama, October 30, 2008

 

Obama is a great actor, he is also really good at bait and switch tactics. Lets take a look at outsourcing for example, Obama has used a great amount of campaign time bashing Romney on outsourcing US jobs when in fact it is the Outsourcer in Chief that is guilty of the alleged offense against Romney.

 

Remember when you were a kid and one of the punk kids in your class or neighborhood would tell on you for something they did? They would make such a big stink and you would get in trouble when it was really that punk kid that did it. The punk is Obama, although not a kid anymore, the tactic is more honed and he also has the power as a US sitting President to back him up.

 

Nonetheless, Obama is a punk in a suit with a title now and he is using everything at his disposal to defer criticism from himself to others, and in this case, that would be his opponent Mitt Romney. This discussion will lay out some links, quotes, and videos that tell the story. Don't trust my words or opinion, just examine the facts.

 

Obama Administration Outsourced Jobs with Stimulus Funding

CNSNEWS

“As long as I’m president, I will keep fighting to make sure jobs are located here in the United States of America,” said Obama.

However, Obama’s 2009 economic stimulus spending law--the $787 billion American Recovery and Reivnestment Act--gave millions of federal dollars to foreign companies or funded domestic companies that built factories in foreign countries or bought foreign products.

For example, there is the North Carolina LED manufacturer Cree Inc. Cree was awarded $39 million through a stimulus-funded tax credit program in January 2010. However, half of the company’s employees are in China and the company opened a manufacturing plant in Huizhou City, China in November 2009, according to an article in the industry publication LEDs Magazine.

Another example of stimulus outsourcing is Japanese wind energy firm Eurus Energy, whose U.S. subsidiary, Eurus Energy America, received $91 million in stimulus funds to build a wind farm in Texas, according to a 2010 report from American University. That wind farm reportedly was built with wind turbines manufactured by another Japanese company – Mitsubishi.

Another example of the Obama administration funding foreign companies is a $337 million loanguarantee from the Department of Energy’s green energy lending program.

That loan went to California energy firm Sempra Energy for a solar power array in Arizona. However, according to a Feb. 4, 2011  New York Times report, Sempra Energy bought its solar panelsfrom the Chinese firm Suntech.

 

Perhaps the best-known example of Obama administration funding of foreign companies is its $500-million loan guarantee to Finnish automaker Fisker Automotive.  That loan, part of the Energy Department’s electric vehicle lending program, was made to help Fisker establish a U.S. manufacturing presence.

However, the company never established an American factory, choosing instead to shutter its U.S. operations and continue building cars in Finland.

Obama Administration to Spend $20 Million on Green Energy Plan – For Africa

 (CNSNews.com) – The U.S. government is spending $20 million to “help clean energy projects in Africa get started.” Those projects include wind farms and solar panels, Secretary of State Hillary Clinton announced at the recent Rio +20 Conference in Brazil.

“The U.S.-Africa Clean Energy Finance Initiative will help clean energy projects in Africa get started,” said Clinton in her June 22 speech.  “This is an innovative partnership between three United States government entities – the State Department, OPIC (the Overseas Private Investment Corporation), and the U.S. Trade and Development Agency. We want to drive private sector investment into the energy sector.”

 

 

Obama Outsourcing by 20/20

 

This source shocked me... The following article by Huffington Post:

 

Obama Jobs Council Packed With Outsourcing Companies

Huffington Post

Obama's Council on Jobs and Competitiveness, 26 business leaders assembled by the president for job-spurring ideas, includes representatives of several companies that have used outsourcing, fueling job creation abroad and job losses in the U.S. Shipping work to low-cost overseas labor markets has been a trend in American manufacturing for decades. The White House has a plan to curb outsourcing, but companies represented on the jobs council reveal just how pervasive the practice is.

There’s General Electric, whose CEO Jeffrey Immelt has served as chair of the advisory board since January 2011. Since Immelt took over GE in 2001, the company has lost 37,000 American jobs, and added 25,000 jobs overseas, according to filings with the Securities and Exchange Commission. Some of those U.S. job losses are inflated by the company’s sale of NBC to Comcast in 2009.

Chris Townsend, political director of the United Electrical Workers labor union that represents roughly 5,500 GE employees in the U.S., said the company has closed more than 30 U.S. plants since Obama took office. GE would not confirm the number.

GE "is a company that, despite the constant claims of growth, continues to shrink in the United States,” Townsend said. “These are a mixture of things from garden-variety, old-line manufacturing plants to electrical apparatus service facilities, sometimes something to do with servicing. Several of them were GE Capital.”

GE's outsourcing-related job losses have occurred over a long period, Townsend said. Unlike some of the companies that Bain Capital invested in -- which quickly fell into bankruptcy, faced layoffs or saw jobs shipped overseas as the private equity firm continued to profit -- the GE plant closures have happened slowly, he said.

A lot more details Continue Here

 

A Record Of Failure Spanning The Globe

Click Here for an interactive Map that provides info on each expend...

 

 

GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace

http://theeconomiccollapseblog.com/

Jeffrey Immelt, the head of Barack Obama's highly touted "Jobs Council", is moving even more GE infrastructure to China.  GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it "is moving the headquarters of its 115-year-old X-ray business to Be...".  Apparently, this is all part of a "plan to invest about $2 billion across China" over the next few years.  But moving core pieces of its business overseas is nothing new for GE.  Under Immelt, GE has shipped tens of thousands of good jobs out of the United States.  Perhaps GE should change its slogan to "Imagination At Work (In China)".  If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?

 

And now the big one.... The one that would cause even JFK to turn over in his grave:

NASA to Fly Astronauts on Russian Spaceships at Nearly $63 Million per Seat

NASA has struck a new $753 million deal with Russia for 12 round trips to the International Space Station, but will now have to pay more per seat – almost $63 million, the U.S. space agency announced today (March 14).

The new deal will allow NASA to fly a dozen astronauts from the U.S. or its partner agencies on Russia's venerable Soyuz spacecraft between 2014 and 2015 at a cost of about $62.7 million per seat. That's an increase from the $55.8 million per seat NASA paid under a deal for six round trips to the station in 2013 and 2014.

"It's an 8.5 percent annual increase," NASA spokesman Joshua Buck told SPACE.com, referring to the overall increase. "The increase covers just the general inflation rate in Russia for the cost of processing and preparation." http://www.space.com/11125-nasa-russia-soyuz-deal-spaceflights.html

 

I highly recommend that you take a moment and read this entire article not just the small section I have pasted here:

Government Spending and the Economy

New York Times

DESCRIPTION

Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul. He is the author of “The Benefit and the Burden: Tax Reform – Why We Need It and What It....”

According to the federal Web sitethat tracks stimulus programs, $763.1 billion of the original $840 billion program has been disbursed. Of this, $297.8 billion, or 39 percent, went to tax cuts, like the Making Work Pay tax credit. Another $236.7 billion, or 31 percent, went for various contracts, grants and loans. And $228.6 billion, or 30 percent, went for transfer payments.

Thus we see that most of the stimulus was unlikely to ever have had much impact on growth. Transfers and tax credits only raise growth if they cause individuals and businesses to increase their consumption or investment spending. Undoubtedly they did to some extent.

But studies have long shown that people’s spending is largely a function of what they view as their “permanent income.” Temporary increases tend to be saved and thus do not add to spending or growth. Keep in mind also that the federal deficit constitutes negative saving, which offsets any increase in saving resulting from deficit-financed tax cuts or transfers.

The Bureau of Economic Analysis has put stimulus outlaysinto a NIPA framework. As of March 31, $452.6 billion of net stimulus funds had been disbursed in ways that show up in the national income accounts. Of this, the vast bulk, $399.7 billion, went for transfer payments. Another $9.6 billion went for subsidies and $68.1 billion for capital transfers to state and local governments. Only $37.8 billion went for consumption and $11.8 billion for investment – the only two categories of outlays that we know add to growth.

Thus it appears that only 11 percent of total stimulus outlays definitely added to growth; the rest may have had no effect at all.

 

Outsourcing American tax dollars and jobs will not help American growth but will stifle it and cause mass inflation and dependence. It's time we put someone in the White House that understands this and brings jobs back. Government does not create jobs, private sector, lower taxes on small business, and friendly main street loaning is the key to job growth and a stronger infrastructure.

 

My hope is that people will wake up and support the only candidate that has a chance of beating this outsourcer Obama. If we do not all stand up with him in this election November 6th we will find ourselves in a dire straights.

 

Obama was caught in an open-mike whisper saying that once he gets past the November presidential election (his last), he'll "have more flexibility" to meet the terms of Russian oligarch Vladimir Putin.

 

My question is what else might he have the flexibility to do? If you stay home and do not vote, if you write in another candidate other than Romney you will hand the Presidency to Obama again. If you do that you are just as UN-American as he is. Harsh? You betcha! But that is exactly what caused the loss in 2008. Libertarians were upset and wrote in Ron Paul or stayed home, other conservatives thought Obama had won anyway so they didn't bother voting. Oh, then there are those that yell, and scream and get mad and call names but aren't even registered to vote, either get registered and vote or put a lid on it.

 

No more excuses, no more saying well I am not voting for the same thing we have, yadda yadda. Romney was never my pick, but now he has to be our pick. If we all unite as you all tell me constantly you desire then here is your chance. Step up to the plate and let's get this socialist out of OUR White House and his entire radical team thrown out on their ear!

 

Standing shoulder to shoulder with you to preserve America and the Constitution!

 

Darla Dawald, National Director

 

P.S. I don't want to hear how I or Patriot Action Network are neocons, in the tank for Romney all along, and all the other stuff some of you like to spew. As I stated ROMNEY was no where near the top of my list, but we have to be strategic patriots. Think long term change, meanwhile, short term fix. It can take years to change the system. Right now we need Romney and most important, we need a new Senate with Harry Reid and his ilk thrown out. Let us all focus on that!

 

 

 

Tags: 2012, economy, election, jobs, obama, outsourcing, romney, stimulus

Views: 2778

Reply to This

Replies to This Discussion

Fraudbama's agenda is not to create jobs, but to collapse the economic system, redistribute white power and wealth, trash the constitution as a bonus.

  YES !!  I believe the agenda of the left as a whole - with aid from George Soros and Van Jones "Mouth-pieces" for Obama, it is their collective goal { THE ENDS JUSTIFY THE MEANS POLICIES... } To do as much destruction to America from within, as they can........no matter what it costs all of us.

Let's not forget the biggest outsourse of them all! He killed space travel through NASA and outsoursed it all to Russia!

Every facet of media is a mouth piece for the left,including TV series / movies it seems as if everyone of the shows and movies right now have a left wing political message.The educational system is wrought with left wing educators and brainwashing the youth of this country from K-12-University...In order to take the left down we must remove their monopoly of these systems away otherwise they always have a new group of youth coming up to support them.

Perhaps we should send this to Romney and his team. Might be nice if they get this info out to the drones.

GOOD IDEA.  Romney is going to need some help if he is to win the election.  Again we are left with  "not the best choice". But MUCH BETTER than the alternative.

Obama has and is destroying the American economy. Obama has and is out sourcing jobs from America. The foreign nations love him, he is sending money and jobs to them. When America no longer has money, who will supply the money for Obama to play Santa to the world? Obama does not understand the use of money. Obama does not understand America.

Debrajoe, you are on the right but like so many other people are sleeping. This person in the White House and the ones whom back him are in no way stupid, they understand much more about money and America then we want to believe. We are being destoryed from the highest position in our country by Obama and his henchmen. Many years ago a Russian leader Nikita Khrushchev told America that they would destory us, he never said how or when. Think about how many of the people who are running the USA just don't care about what happens to our land. This is deeper then most want to realize. We all have to stand behind Mr. Romney and pray it is not to late. " Semper Fi "

Jeff Immelt's latest "big score for obama", was sending GE's 115 year old X-Ray Division, with all its Intellectual Capital, to China.

Now . . . . that's real outsourcing . . . obama Style . . . . and by this Regime's Jobs Czar!

http://theeconomiccollapseblog.com/archives/ge-ceo-jeffrey-immelt-t...

Thanks...updated to include this!

Let's not forget the two busses that he rides in that were manufactured in CANADA and not America.  Also some bridge in California is being built by the Chinese with half of the money given them by us tax payers...it would seem that you can get federal money and not have to hire Americans to work...that should have been attached to the money they received from the ineligible in chief.

Thanks Ginger. Whether you like him or not, Romney paid for his bus that was made in America by Americans. And Romney only has one bus and Obama has two. What does that tell you. Obama has nerve calling Romney secretive: what do you call Obama?

RSS



Take Back the GOP!





Badge

Loading…

© 2014   Created by Grassfire Nation.

Badges  |  Report an Issue  |  Terms of Service