Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (77408)	2/10/2010 2:03:43 PM
From: Sully-	1 Recommendation Read Replies (1) \| Respond to of 90947

Despite $2 billion in stimulus funds spent on wind power, almost no jobs By: Mark Hemingway Commentary Staff Writer 02/10/10 11:31 AM EST ABC News: <<< "Most of the jobs are going overseas," said Russ Choma at the Investigative Reporting Workshop. He analyzed which foreign firms had accepted the most stimulus money. "According to our estimates, about 6,000 jobs have been created overseas, and maybe a couple hundred have been created in the U.S." Even with the infusion of so much stimulus money, a recent report by American Wind Energy Association showed a drop in U.S. wind manufacturing jobs last year. Sen. Chuck Schumer, D-N.Y., called the flow of money to foreign companies an outrage, because the stimulus, he said, was intended to create jobs inside the United States. "This is one of those stories in Washington that when you tell people five miles outside the Beltway, or anywhere else in America, they cannot believe it," Schumer told ABC News, "It makes people lose faith in government, and it frankly infuriates me." Matt Rogers, the senior adviser to the Secretary of Energy for the Recovery Act, denied there was a problem. "The recovery act is creating jobs in the U.S. for American workers," said Rogers, "That is what the recovery act is about, that is what it is doing. Every dollar from the recovery act is going to create jobs for the American workers here in the U.S." >>> Even when a Democratic senator is outraged about stimulus boondoggles, the Obama administration remains defensive in instances where the stimulus has clearly failed. Read more at the Washington Examiner: washingtonexaminer.com