{"id":12519,"date":"2012-07-12T11:38:00","date_gmt":"2012-07-12T17:38:00","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=12519"},"modified":"2012-07-12T11:38:00","modified_gmt":"2012-07-12T17:38:00","slug":"tracing-obamas-overseas-investments","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2012\/07\/12\/tracing-obamas-overseas-investments\/","title":{"rendered":"Tracing Obama&#8217;s Overseas Investments"},"content":{"rendered":"<p><strong>Wow is all I can say\u2026. check this out on how much was given away and then go to the article to see where it all went\u2026 First read all the promises below\u2026<\/strong><\/p>\n<p><strong>Rex<\/strong><\/p>\n<p><strong>From Streettalklive.com<\/strong><\/p>\n<p><strong><em><a href=\"http:\/\/www.streettalklive.com\/off-the-street\/1029-tracing-obamas-overseas-investments.html\">The Truth About How Obama Shipped The Recovery Overseas<\/a><\/em>      <br \/><\/strong><\/p>\n<p><em>&quot;And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade &#8211; jobs that pay well and can&#8217;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&#8217;s how America can lead again.&quot;<\/em><\/p>\n<p><em>President Barack Obama, October 30, 2008<\/em><\/p>\n<p><strong>Electric Cars<\/strong><\/p>\n<p><strong class='StrictlyAutoTagBold'>Obama<\/strong> handed over billions of dollars in loan guarantees and stimulus awards pursuant to his goal of putting one-million electric vehicles on the road by 2015. Much of that money ended up leaving our shores. A $2.4 billion stimulus program to support battery production sent nearly <strong class='StrictlyAutoTagBold'>half<\/strong> of its money to foreign firms, including two South Korean companies that used their awards to hire foreign nationals in Michigan to do work that Americans easily could have done. In the end, despite all the money <strong class='StrictlyAutoTagBold'>Obama<\/strong> handed out, electric vehicle sales have lagged and The Washington Post deemed his goal of <strong class='StrictlyAutoTagBold'>one<\/strong> million electric <strong class='StrictlyAutoTagBold'>cars<\/strong> &quot;overly optimistic.&quot;<\/p>\n<p><strong>Wind Farms<\/strong><\/p>\n<p>Obama&#8217;s stimulus included over $8.5 billion in grants for <strong class='StrictlyAutoTagBold'>wind<\/strong> farms that flowed overseas, despite Congressional criticism from both sides of the aisle. In total, over <strong class='StrictlyAutoTagBold'>half<\/strong> of the money went to either foreign developers or foreign <strong class='StrictlyAutoTagBold'>wind<\/strong> turbine manufacturers, creating thousands of <strong class='StrictlyAutoTagBold'>jobs<\/strong> overseas with money that was supposed to create <strong class='StrictlyAutoTagBold'>jobs<\/strong> within the United States. Even worse, hundreds of millions of dollars went to <strong class='StrictlyAutoTagBold'>wind<\/strong> farms that began construction before the stimulus was passed. The end result of all this spending: the <strong class='StrictlyAutoTagBold'>wind<\/strong> energy industry lost 10,000 <strong class='StrictlyAutoTagBold'>jobs<\/strong> last <strong class='StrictlyAutoTagBold'>year<\/strong>.<\/p>\n<p><strong>Manufacturing Tax Credits<\/strong><\/p>\n<p>As <strong class='StrictlyAutoTagBold'>Obama<\/strong> was doling out over $2.3 billion in clean energy manufacturing tax credits that were supposed to create <strong class='StrictlyAutoTagBold'>jobs<\/strong> in America, $880 million went to foreign firms. Worse still, some of those same recipients are now closing up shop and shipping <strong class='StrictlyAutoTagBold'>jobs<\/strong> overseas.<\/p>\n<p><strong>Loan Guarantees<\/strong><\/p>\n<p>Remember Solyndra? The problems with Obama&#8217;s loan guarantee program don&#8217;t end there. The largest recipient of Obama&#8217;s program to jumpstart green energy projects was the Spanish Company Abengoa, which took in $2.7 billion in loan guarantees for three of its projects. Other projects importing foreign-made <strong class='StrictlyAutoTagBold'>solar<\/strong> panels are, much in the same way as Fisker Automotive, choosing to make their products overseas.<\/p>\n<p><strong><\/strong><\/p>\n<p><strong>The list is really big and really not helping the US\u2026 I knew about the failed solar plant cause it was in the news but all the other stuff?&#160; Paying to be green when it is not economical then creating jobs for people outside the US\u2026 is this foreign aide or what ?<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wow is all I can say\u2026. check this out on how much was given away and then go to the article to see where it all went\u2026 First read all the promises below\u2026<\/p>\n<p>Rex<\/p>\n<p>From Streettalklive.com<\/p>\n<p>The Truth About How Obama Shipped The Recovery Overseas <\/p>\n<p>&quot;And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade &#8211; jobs that pay well and can&#8217;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&#8217;s how America can lead again.&quot;<\/p>\n<p>President Barack Obama, <\/p>\n<p><a href=\"https:\/\/www.ishmaels.net\/blog\/2012\/07\/12\/tracing-obamas-overseas-investments\/\">&#8220;And Now the Rest of the Story &#8211; &#8220;Tracing Obama&#8217;s Overseas Investments<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[49,13],"class_list":["post-12519","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-abundance-economics","tag-bbs","odd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tracing Obama&#039;s Overseas Investments - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2012\/07\/12\/tracing-obamas-overseas-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tracing Obama&#039;s Overseas Investments - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"Wow is all I can say\u2026. check this out on how much was given away and then go to the article to see where it all went\u2026 First read all the promises below\u2026 Rex From Streettalklive.com The Truth About How Obama Shipped The Recovery Overseas &quot;And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade &#8211; jobs that pay well and can&#8217;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. 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But Obama says more needs to be done. He called on Republicans in Congress to work\u2026","rel":"","context":"In \"work\"","block_context":{"text":"work","link":"https:\/\/www.ishmaels.net\/blog\/tag\/work\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6463,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/06\/01\/the-missing-of-jobs-in-america\/","url_meta":{"origin":12519,"position":1},"title":"The Missing jobs in America","author":"wd0ajg","date":"June 1, 2011","format":false,"excerpt":"Here are the points, you make the call, and I did not get all this on my own either it is available out on the net in multiple places.\u00a0\u00a0 We all know that 60% to 70% of all job creation comes from small business. Small businesses are required to pay\u2026","rel":"","context":"In \"Ishmael Bathurst Genology\"","block_context":{"text":"Ishmael Bathurst Genology","link":"https:\/\/www.ishmaels.net\/blog\/tag\/ishmael-bathurst-genology\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3158,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/11\/01\/from-my-reading-list-choose-your-poison-by-bad-nick\/","url_meta":{"origin":12519,"position":2},"title":"From my reading list &#8211; Choose your Poison by Bad Nick.","author":"wd0ajg","date":"November 1, 2010","format":false,"excerpt":"This is one of those that just is what \u00a0I would say although he has a better way with the words, I sometimes get carried away and say too much or say it wrong (say something I wish has come out a bit different). \u00a0 He definitely writes better than\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7736,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/09\/07\/there-are-jobs-but-you-have-to-want-it\/","url_meta":{"origin":12519,"position":3},"title":"There are jobs, but you have to want it&hellip;","author":"wd0ajg","date":"September 7, 2011","format":false,"excerpt":"I know there are places that it is hard to find a job, and a lot of them are \u201cunder-employment\u201d type jobs\u2026 but this place is putting it plain\u2026 \u00a0 I appreciate his need.\u00a0 - WD0AJG","rel":"","context":"In &quot;Life&quot;","block_context":{"text":"Life","link":"https:\/\/www.ishmaels.net\/blog\/category\/life-and-or-living-daily\/"},"img":{"alt_text":"2011-09-06-09.26.53crop","src":"https:\/\/i0.wp.com\/box5128.temp.domains\/~ishmaels\/blog3\/wp-content\/uploads\/2018\/11\/2011-09-06-09.26.53crop_thumb.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14888,"url":"https:\/\/www.ishmaels.net\/blog\/2013\/10\/03\/obamacare-vs-affordable-care-act\/","url_meta":{"origin":12519,"position":4},"title":"ObamaCare vs. Affordable Care Act","author":"wd0ajg","date":"October 3, 2013","format":false,"excerpt":"While the battle in Washington continues to be waged for a second day, with the House Republicans now offering to return to the constitutional process of funding government operations on a singular basis (the debt ceiling was passed to do bulk funding for WWI and was never repealed),\u00a0the crux of\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"government-shutdown","src":"https:\/\/i0.wp.com\/stawealth.com\/images\/stories\/1offthestreet\/government-shutdown.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":60448,"url":"https:\/\/www.ishmaels.net\/blog\/2016\/11\/26\/i-needed-this-when-i-was-working\/","url_meta":{"origin":12519,"position":5},"title":"I needed this when I was working!","author":"wd0ajg","date":"November 26, 2016","format":false,"excerpt":"A long time ago, well not all that long ago, I was trained to be\u2026. well an Asshole.\u00a0 I worked in the oil business (service) and first thing up is not to tell the customer everything. 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