President Barack Obama told an Ohio campaign crowd that the outcome of the November election will determine the nation’s economic future for the next 10 to 20 years. I wholeheartedly agree. If he gets elected, America’s economic future will be a disaster for the next 10 or 20 years and beyond.
He has disdain for prosperous people who create jobs. The notion that governments create jobs – whether Democrats or Republicans are in power – is a myth. Governments can only make conditions better or worse for economic development. The government doesn’t have any money to invest to create jobs. Taking money from some people and giving it to other people does not create jobs unless they are government jobs. But for every government job “created” only means that a job or two in the private sector was not created.
“We saved an auto industry. That saved hundreds of thousands of jobs here in Ohio,” President Obama said in an interview on a Cincinnati radio station. Who’s “we”? It wasn’t his money. It wasn’t the money of investors who took a risk on an industry that was headed for bankruptcy. The “we” is us, the tax payers.
Using the president’s logic, any company can be saved by pouring stolen money into it.
Read More at godfatherpolitics.com. By Gary DeMar.
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Your taxes, your money and your lively hood have been “Re-Distributed” by the way of Obama-Cronyism. Here is the list of failed and bankrupt green energy companies that have also donated to the Barack Obama re-election campaign. ( Cut & Paste )
List Of Failed Green Energy Jobs – By Obama
Solar Trust of America: FAIL
Bright Source: FAIL
Solyndra: FAIL
LSP Energy: FAIL
Energy Conversion Devices: FAIL
Abound Solar: FAIL
SunPower: FAIL
Beacon Power: FAIL
Ecotality: FAIL
A123 Solar: FAIL
UniSolar: FAIL
Azure Dynamics: FAIL
Evergreen Solar: FAIL
Ener1: FAIL .
What do you think will happen to all of those jobs that the “Manchurian Candidate” is beating his chest for having saved, as he is traveling around Ohio and Pennsylvania in his $1.1 million dollar Canadian made bus once GM, Ford and Chrysler start full manufacturing of vehicles in China? GM plans to open 600 dealerships in China along with a number of manufacturing plants. Look into the sweet tax deal that the “Manchurian Candidate” gave to GM, they have an effective tax rate of -1.5 percent and earning the highest profits in history on $7.6 billion in profit they received a refund check from the IRS for $110 million dollars. The best part for GM is that tax deal does out for the next 20 years. How many companies would not benefit from such an insane deal? The whole thing is nothing but a shell game and without all of the ridiculous tax incentives and $50 billion dollars of investment from the “Manchurian Candidate”. GM would have survived by having gone through a normal bankruptcy, instead they will eventually build cars as will Ford and Chrysler in China and all of the jobs that the “Manchurian Candidate”, will disappear. Unfortunately most American’s can’t see past the end of their noses yet alone what might happen a few years down the road, so many will continue to buy his crap, which in the end is all it will ever be.
It really does not matter who wins the elections in November. Much of the Damage has already been done. It will have wide ranging effects and I am sure they will be felt in excess of 10 years no matter who wins. If obama manages to win tho, he will continue with the destruction of America in the next 4 years. If he looses we have a chance to reverse some of the ramifications.