Obama's Stimulus Tax Dollars Used to Create Jobs Overseas

Obama's Stimulus Tax Dollars Used to Create Jobs Overseas

RNC Chair Reince Priebus:

What do Finnish cars, Mexican solar panels, and Danish windmills have in common? They were all funded by your tax dollars.

Thanks to President Obama, taxpayer money, mostly in the form of stimulus funds, ended up in the hands of companies overseas. Instead of creating jobs in America, the stimulus and other Obama policies created jobs or sent money to Finland, New Zealand, Indonesia, India, Mexico, Germany, Australia, Switzerland, China, Denmark, South Korea, the Dominican Republic, Thailand, Vietnam, Italy, Russia, Luxembourg, El Salvador, Great Britain, Spain, Japan, and France.

How did this happen? Consider the example of Fisker Automotive. The company received $500 million in loan guarantees from the U.S. government to produce electric cars. Then they took their money and decided to produce their $100,000 electric sports cars in Finland.

President Obama's policies may be spurring job creation in Scandinavia. But here at home, twenty-three million Americans are struggling for work. Millions of middle class families can barely make ends meet.

The billions of dollars that went overseas largely had to be borrowed. In other words, President Obama borrowed money from countries like China to send money to... countries like China. It's that kind of reckless spending that led President Obama to rack up $5.6 trillion in debt over the last three and a half years, bringing our total national debt to $15.8 trillion.

www.huffingtonpost.com...

In other words, President Obama borrowed money from countries like China to send money to... countries like China

If you don't think this guy is out to destroy America, think again.

"Obamanomics Outsourced"

www.obamanomicsoutsourced.com...

Priebus will officially unveil all of this later today in the swing state of Iowa, and a website called "Obamanomics Outsourced" goes into great detail showing how your tax dollars and mine benefitted and created jobs in over a dozen countries not named America.

This article is 90% bullcrap.

www.landisgyr.com...

Landis+Gyr, Swiss company, owned by Siemens, operations in the USA.

Cree Inc, US company, opened manufacturing in China (JUST LIKE EVERY OTHER COMPANY DURRR)

Sempra, US based Solar Company, buying PV from Suntech out of China (would you rather they purchase the less-efficient, more expensive PV from the USA? DUURRR)

I could go on and on. In many cases these are foreign companies operating within the USA. In many cases they are US companies outsourcing labor. The Dems and Repubs have BOTH pushed forward policy that allows a "free market" (lol, right) and BOTH PARTIES are responsible for corporations being able to outsource labor, import cheap merchandise from foreign markets.

What I am trying to tell you here, is that this is the NORM. It's not like Obama (because apparently we all believe 1 man controls everything) is doing anything Romney wouldn't. Stop with the false paradigm (left/right) and open your eyes, this is business as usual on BOTH SIDES OF THE DERBATE. (yes, derbate)

Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.

During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.

Do you think Romney is going to act differently? No, Romney is a businessman and his allegiance is with his bank account. He will use his position as president to enrich himself and his cronies just like Obama and EVERY OTHER MODERN PRESIDENT I can think of has.

The only candidate who we can reasonably believe WOULD NOT is Ron Paul. Why are people so hesitant to elect a man with moral standards, a true patriot that loves his country and wants to see it prosper? One man stood out from the crowd and we (generally speaking) all just sat on our collective asses and let the status quo rule once again.

Don't blame Obama, don't blame Romney, don't blame Bush.. BLAME YOURSELF.


And really, do you people wear special sunglasses that make you blind to what your own party is doing and has done?

Hypocrisy Blockers! Buy yours today!

Let's say that the above post is incorrect and that all the monies went abroad, like you're stating, OP.

I'm having trouble understanding how Obama is responsible for what corporations decide to do? Your article expicilty states that the corporations "decided to..............."
Your OP is insinuating that Obama loves the idea of corporations taking taxpayer dollars to build somewhere else.


Posted Via ATS Mobile: m.abovetopsecret.com

Originally posted by spinalremain
Let's say that the above post is incorrect and that all the monies went abroad, like you're stating, OP.

I'm having trouble understanding how Obama is responsible for what corporations decide to do? Your article expicilty states that the corporations "decided to..............."
Your OP is insinuating that Obama loves the idea of corporations taking taxpayer dollars to build somewhere else.

 

Posted Via ATS Mobile: m.abovetopsecret.com

 

Assuming we can "assume" that this outsourcing is true,

I would like to assume that the President of the United States has a 100% American interest in mind as well as policy.

I would like to think that all the advisory staff does their homework instead of being lackadaisical and corner clipping.

They seem all to often to simply "assume" no one will notice the laziness.


There is a wild rumor going around;

"Efficiency Works" !!

reply to post by TinkerHaus


Then he is still rewarding companies which leave the US to avoid taxation and higher wages, and also providing funds to foreign corporations operating within the US. It's the same as providing welfare for illegals who sneak over the border in the end.

How about rewarding honest US based companies which hire US citizens by giving them incentives?????

Also, it's not free enterprise when the govt gives taxpayer dollars to foreign corporations operating within the US borders. Do the taxpayers get dividends for their investment?

Here's another

Wasserman Schultz
Dem. Chair Invested in Swiss Banks, Foreign Drug Companies, and the State Bank of India
www.weeklystandard.com...

Disclosure forms reveal that Democratic National Committee chair Debbie Wasserman Schultz, a member of Congress from Florida, previously held funds with investments in Swiss banks, foreign drug companies, and the state bank of India. This revelation comes mere days after the Democratic chair attacked presumptive Republican presidential candidate Mitt Romney for holding money in Swiss bank accounts in the past.

Originally posted by ThirdEyeofHorus
reply to post by TinkerHaus

 

Then he is still rewarding companies which leave the US to avoid taxation and higher wages, and also providing funds to foreign corporations operating within the US. It's the same as providing welfare for illegals who sneak over the border in the end.

How about rewarding honest US based companies which hire US citizens by giving them incentives?????

Also, it's not free enterprise when the govt gives taxpayer dollars to foreign corporations operating within the US borders. Do the taxpayers get dividends for their investment?

edit on 10-7-2012 by ThirdEyeofHorus because: (no reason given)

"he" as in Obama? Obama personally sent these checks and oversaw operations as this labor was outsources?

Can you think of any major manufacturing in the USA? This was a stimulus, not new policy. It would have been illegal (without prior legislation) to select only US manufacturing jobs. Even if they had, there ARENT ANY US MANUFACTURING JOBS!

I was being sarcastic, we no longer have "free enterprise"

And again, this is a partisan attack. I'm simply trying to make the point that BOTH PARTIES do the same thing. What happened with all the Bush stimulus money? Do you even know or do you just choose arguments based on politics?

reply to post by TinkerHaus

or do you just choose arguments based on politics?

Do you?

The absolute reason for the post was the hypocrisy of the Obama' administration accusing Romney of outsourcing, when they all do.

And you brought Bush into it, so pot meet kettle

reply to post by xuenchen


What you're asking for is for the administration to be psychic.

All the homework in the world cannot predict what some douchebag CEO is going to decide to do with bail out money. They can have an agreement to do such and such, but sorporate lawyers are the best. They make the laws fit their agenda.

Obama has absolutely no control over that, whether yo want to believe that or not.

Originally posted by spinalremain
reply to post by xuenchen

 

What you're asking for is for the administration to be psychic.

All the homework in the world cannot predict what some douchebag CEO is going to decide to do with bail out money. They can have an agreement to do such and such, but sorporate lawyers are the best. They make the laws fit their agenda.

Obama has absolutely no control over that, whether yo want to believe that or not.

Exactly, versus Romney who intentionally outsourced labor for corporate profit.

Both of them are scumbags, hypocrites, tyrants, profiteers. I just think the partisan view on these topics is ridiculous.

Originally posted by spinalremain
reply to post by xuenchen

 

All the homework in the world cannot predict what some douchebag CEO is going to decide to do with bail out money.

How's this for change. Maybe the douchebag President should not be handing out bailout money. To anyone.

Originally posted by TinkerHaus

Originally posted by spinalremain
reply to post by xuenchen

 

What you're asking for is for the administration to be psychic.

All the homework in the world cannot predict what some douchebag CEO is going to decide to do with bail out money. They can have an agreement to do such and such, but sorporate lawyers are the best. They make the laws fit their agenda.

Obama has absolutely no control over that, whether yo want to believe that or not.

Exactly, versus Romney who intentionally outsourced labor for corporate profit.

Both of them are scumbags, hypocrites, tyrants, profiteers. I just think the partisan view on these topics is ridiculous.

Actually, Romney had ceased running Bain Capital when they decided to outsource some departments of companies, such as tech support and customer service. So, while you are crying foul about information you perceive to be false, do some research before you start spouting out Obama campaign talking points. Oh and news flash for some folks out there....Bush is not the president, Obama is and at some point he has to own his policy making decisions .

reply to post by groingrinder


Im pretty sure there's a thread for that. Complete with Bush's bailouts along with Obama's

Originally posted by spinalremain
reply to post by groingrinder

 

Im pretty sure there's a thread for that. Complete with Bush's bailouts along with Obama's

[color=#FF0000]Beware of Democrats and Republicans!! They are all PROFESSIONAL POLITICIANS. Millionaires and lawyers looking out for themselves and their kin while screwing the average American. Americans can never be free until they rid themselves of CRIMINAL GANGSTERS who have to band together in bands called parties which are no better than MS13, The Latin Kings, or any other number of illegal criminal enterprises that prey on the weak and unwary.

Americans need to elect CITIZEN STATESMEN who are not beholding to criminal gangsters who give them backing and financing.
[color=#FFFFFF]
CITIZEN STATESMEN who are not PROFESSIONAL POLITICIANS and who love America more than they love power and money.

CITIZEN STATESMEN who will represent us instead of Lobbyists for corporations who ply them with under the table cash and benefits.

CITIZEN STATESMEN who will represent us instead of RULING OVER US.

[color=#3333FF]Democrats and Republicans are two sides of the same coin. It is a dirty, soiled currency backed by graft and greed that will no longer purchase honest representation for the American voter and taxpayer.

The true patriot is not the man who defends a corrupt government. The true patriot is the man who defends the Constitution from that corrupt government.

When people fear the government, you have tyranny. When government fears the people, you have liberty.

I am so tired of seeing all the Democrats blame things on the Republicans. I am equally tired of seeing all the Republicans blame things on the Democrats.

How about we quit electing Democrats and Republicans and then we will not have listen to them blame each other anymore?

Originally posted by SM2

Originally posted by TinkerHaus

Originally posted by spinalremain
reply to post by xuenchen

 

What you're asking for is for the administration to be psychic.

All the homework in the world cannot predict what some douchebag CEO is going to decide to do with bail out money. They can have an agreement to do such and such, but sorporate lawyers are the best. They make the laws fit their agenda.

Obama has absolutely no control over that, whether yo want to believe that or not.

Exactly, versus Romney who intentionally outsourced labor for corporate profit.

Both of them are scumbags, hypocrites, tyrants, profiteers. I just think the partisan view on these topics is ridiculous.

Actually, Romney had ceased running Bain Capital when they decided to outsource some departments of companies, such as tech support and customer service. So, while you are crying foul about information you perceive to be false, do some research before you start spouting out Obama campaign talking points. Oh and news flash for some folks out there....Bush is not the president, Obama is and at some point he has to own his policy making decisions .

Actually, Romney was the steward of Bain Capital when it put policies in place that allowed American companies to outsource labor.

You can listen to the Romney talking points, or you can "do your research."

I haven't listened to the Obama or Romney campaigns - both are full of lies and rhetoric. Maybe you should turn your TV and radio off too.