Sen. Schumer Calls for Review as Millions in Stimulus Funds Aid Foreign Firms

[bobbyw24]

Schumer first intervened last week, writing a letter to Energy Secretary Steven Chu urging him to deny stimulus funding to a Texas wind farm that would rely on wind turbines made in China.

Sen. Charles Schumer called for a "comprehensive" review on Monday of all renewable energy projects seeking funding from the economic stimulus package, following reports that $849 million in U.S. grants have gone to foreign wind companies in the past two months alone.

The New York Democrat first intervened last week, writing a letter to Energy Secretary Steven Chu urging him to deny stimulus funding to a Texas wind farm that would rely on wind turbines made in China. The $1.5 billion project would create up to 3,000 jobs in China but only 330 jobs in the United States, most of which would be temporary, according to one report.

Schumer spokesman Josh Vlasto told FoxNews.com that the senator is calling for a review of "all pending green energy projects" seeking stimulus funds to ensure they create jobs in the United States.

Schumer said in a statement Monday that the United States should not be giving China a "head start" in the quest for alternative sources of energy.

"Our domestic clean-energy sector has the potential to emerge as a global leader and it is counterproductive to invest U.S. stimulus funds in Chinese companies rather than our own," Schumer said.

http://www.foxnews.com/politics/2009/11/09/schumer-calls-review-millions-stimulus-funds-aid-foreign-firms/

 

[MsDoodahs]

I wonder if, because the jobs in China were created with American taxpayer dollars, the BO administration will count the Chinese jobs as "jobs saved or created?"

 

[HOLLYWOOD]

American Government = FAIL

By far they're piss poor managers of ANYTHING!

The more the US government intervenes, the more it costs the people AND the worst it all gets.

Morons... "We don't know what we are doing or what the results will be, we'll just continue to steal from the people, and throw money in all directions and see what sticks.

Fools and Propaganda = Disasterous Results

 

[MsDoodahs]

Disastrous for the people, not so much for the ruling elite....

 

[Austrian Econ Disciple]

If they can't even handle this, people expect them to handle Healthcare? Wait, wait they can't even handle the USPS for crying out loud! Amtrak has never recorded a profit. Chucky Schmucky and the gang are doing the exact same things we did in the 1930s. 'Stimulus', Protectionism, printing press, inflation, etc.

These fools would be thrown out a long time ago if they actually didn't subsidize half the country. Unemployment benefits expanded and extended....Do these fools have any understanding of monetary manipulation and currency debauchment? Good lord.