Have you ever heard of Joshua Bekenstein? Or Stephen Pagliuca? Or Jonathan Lavine? Or Mark Nunnelly? Or Michael Krupka? They all have (at least) two factors in common: They all work (or worked) for Bain Capital, and they are all Obama and DNC contributors. Obama, during the past two weeks, has focused his campaign on Romney’s tenure with Bain Capital, and on Romney’s “outsourcing of jobs.” But while President Barack Hussein “kill list” Obama decries Romney’s role at Bain Capital, he is (and has been) more than happy to receive (and keep) campaign donations from Bain Capital employees.
Despite evidence to the contrary, the Obama campaign is attacking Mitt Romney as a “jobs outsourcer.” FactCheck.org says in their report that the Obama campaign “overreached in its TV ads labeling Romney as an ‘outsourcer in chief’ because they ‘found no evidence to support the claim that Romney shipped American jobs overseas’.” But did that little fact stop the Obama campaign from running a TV ad entitled “The Problem” that says that Romney condoned the Chinese “taking our jobs and taking a lot of our future.” “Nooooooooooooooooo” to quote John Belushi.
Obama’s stimulus package, funded by our tax dollars, did not protect American workers’ jobs. The stimulus helped create jobs overseas.
- A $2.4 billion stimulus program to support electric car battery production sent nearly half of its money to foreign companies.
- The stimulus included $8.5 billion for wind farms, but more than half of the money went to foreign wind turbine developers or manufacturers, creating thousands of overseas jobs.
- The Spanish Company Abengoa received $2.7 billion in loan guarantees for three projects. Yes, that is the same Spain that pulled the plug on green energy subsidies.
- Obama doled out over $2.3 billion in clean energy manufacturing tax credits that were supposed to create jobs in America. But $880 million went to foreign companies.
- General Electric (GE) canceled an order from an American wind turbine manufacturer so it could get the parts cheaper from China.
- Landis+Gyr, a company based in Switzerland, received over $50 million in stimulus money for its smart grid meters.
- SunPower, receiver of $1.3 billion in stimulus money, says that some solar panels will be manufactured in Mexico.
- ABB Inc., receiver of over $16 million in stimulus money to create green energy manufacturing jobs, laid off Americans and transferred work to Mexico.
- Sempra, receiver of a $337 million loan guarantee for an Arizona solar plant, had its solar panels supplied by SunTech, a Chinese solar panel manufacturer.
- Cree Inc., receiver of over $39 Million in stimulus money, opened a plant in China after receiving stimulus money. Cree’s CEO Says the company’s strategy is “Cree Chip, China Heart.”
Obama’s Council on Jobs and Competitiveness, headed by GE CEO Jeffrey Immelt, was assembled by Obama in 2011 so it could provide some jobs ideas. That’s all well and good, but the man Obama chose to lead the council heads a company with a less than stellar record. Since 2001, GE has lost 37,000 American jobs, and added 25,000 jobs overseas. In fact, last year GE’s health-care unit moved the headquarters of its 115-year-old X-ray business to Beijing, China. It appears Immelt is more concerned with profits than social responsibility. And GE received $24.9 million in stimulus money. And now Immelt says that he will vote for Romney.
When campaigning for president in 2008, Obama said:
“And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade – jobs that pay well and can’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’s how America can lead again.”
Will Obama’s hypocrisy never cease?
Okay, all you commenters, it’s your turn. Please offer citations that show Romney to be a jobs outsourcer while at Bain Capital. Just remember that Romney had an obligation to investors first, not to society. And I ask you to cite where Romney had the hubris and scale of Obama, as well as when and how Romney outsourced jobs with taxpayer money.
But that’s just my opinion.