If you are not aware that Obama’s obscene $787 BILLION stimulus program now stands at $1.2 TRILLION and growing, please read that story here, but not before taking a look at the foreign companies receiving your tax money from the ever growing Obama Stimulus. Let your friends know the BILLIONS intended to stimulate the American economy, stimulated the rest of the world, and in the tsunami that resulted, thousands of Americans lost their jobs: A record of a President’s stimulus failure goes round the world:
AUSTRALIA: $162,000 for Melanoma Tumor Samples to be sent to the National Cancer Institute
CHINA: Outsourced jobs to China.
● $30 MILLION to an American LED manufacturer to open plants. It did, and half of the company’s employees are now located in China.
● $337 MILLION for an Arizona solar plant – the panels will be supplied by a Chinese solar panel manufacturer.
● GE cancelled a contract with an American manufacturer of parts for Wind Turbines, and then ordered from China. The company, ATI, offered to match the price from China. GE refused the order and the American company laid off 302 workers.
● GE has used Chinese-made Wind Towers over American Towers at Stimulus funded Shepherds Flat Wind Farm in Oregon.
● A solar power company received $5.4 MILLION in grant monies, then laid off America workers based on an increased reliance on imports from China.
● $51.6 MILLION in Obama Stimulus Grants to build factories in the US. Layoff of 180 US workers have been announce,
● and possibly another 1,600 by the end of 2012. $218 MILLION Stimulus grant for wind turbines for the US assembled in Denmark.
● $25 MILLION for the construction of a “Demonstration Scale Biorefinery.”