Recent news reports show stimulus funds are being used to create jobs in China and further decimate the U.S. manufacturing base.
Several companies, including General Electric Co. (GE) and Texas-based Cielo Wind Power LP, have announced a joint venture with China to create a $1.5 billion, 600-megawatt wind farm in Texas. The American companies are using $450 million worth of stimulus funds to manufacture wind turbines in China and ship them to the U.S. The deal was signed despite the stimulus package’s “Buy American” clause and congressional and White House claims the funds would only be used to support jobs at home.
The news comes just months after G.E. CEO Jeffrey Immelt announced plans to close its aviation repair facility in Albuquerque, NM, leaving 400 IAM members without jobs and issuing yet another blow to the future of U.S.-made technology.
Wed. December 02, 2009
I have sent a message to the Whitehouse to clarify?Wed. December 02, 2009
One would think that since it is taxpayers money (stimulus funds) that is being used by these companies, that it would be restricted to be used within our borders only, as to get the most bang for the buck. The respective Company makes money and the worker makes money, relieving the State from Unemployment support. That is the intention and purpose of the stimulus package after all, isn\'t it? An exception should perhaps be made to free trade rules against protectionism when Public Moneys are being used under these dire economic circustances. The down side, though, is that other countries will do the same. This both bites and sucks.Sat. November 28, 2009
It is a sad day when Our Tax Dollars are going over Seas to support another Nations Workers when Our workers are on the ropes and going for down for the count. ITS TIME AS AMERICANS TO MAKE IT WORTH WHILE FOR ALL THESE COMPANIES GOING OVER SEAS TO STAY HERE OR WERE NOT GOING TO USE YOURE DAMM PRODUCTWed. November 25, 2009
Such a great country we live in,except we gave it away to other countrys!Tue. November 24, 2009
Why does that not suprise me just let the american working man die a slow death