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Obama Is America's Biggest Job Outsourcer
IBD Editorials ^ | May 2, 2012

Posted on 05/02/2012 6:24:53 PM PDT by Kaslin

Jobs: The same president who used stimulus dollars to build electric cars in Finland and sought to be Brazil's best oil customer now complains the GOP nominee built his career outsourcing jobs. At least he created some.

President Obama's re-election campaign released an ad Tuesday saying Mitt Romney "shipped American jobs to places like Mexico and China" when he led the investment firm Bain Capital.

The $780,000 ad buy in the key swing states of Ohio, Iowa and Virginia was in response to an ad by the free-market group Americans for Prosperity (AFP) noting the administration's penchant for wasting taxpayer money in support of green energy companies, particularly those overseas or with foreign owners.

Among other things, AFP noted, the Obama administration approved a plan by electric car company Fisker to use part of its $529 million federal stimulus loan guarantee to build its manufacturing facility, and the 500 jobs it supports, in Finland.

Now comes Obama's counterattack — an odd charge since he seeks to block the Keystone XL pipeline from Canada that would create 20,000 jobs fast and hundreds of thousands of jobs in an economic ripple effect.

This is also an administration that applauded the U.S. Export-Import Bank's plan to loan Brazil's state-run Petrobras $2 billion, with the promise of more to follow, at a time when Obama was railing against tax incentives for U.S. oil companies and still is.

With an offshore drilling ban in effect off both coasts, Alaska's continental shelf, ANWR and much of the Gulf of Mexico, with a de facto moratorium covering the rest, Obama told the Brazilians: "We want to help you with the technology and support to develop these oil reserves safely, and when you're ready to start selling, we want to be one of your best customers."

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Foreign Affairs
KEYWORDS: electriccars; fisker; ibd; stimulus

1 posted on 05/02/2012 6:24:55 PM PDT by Kaslin
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To: Kaslin

all overseas


2 posted on 05/02/2012 6:28:44 PM PDT by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: Kaslin

We need to ensure that come Jan 20, 0bama becomes unemployed!


3 posted on 05/02/2012 6:29:43 PM PDT by The Sons of Liberty (Sworn to Defend The Constitution Against ALL Enemies, Foreign and Domestic. So Help Me GOD!)
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To: Kaslin

We need to ensure that come Jan 20, 0bama becomes unemployed!


4 posted on 05/02/2012 6:29:55 PM PDT by The Sons of Liberty (Sworn to Defend The Constitution Against ALL Enemies, Foreign and Domestic. So Help Me GOD!)
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To: Kaslin

Why not? We outsourced our highest position to an Indonesian.


5 posted on 05/02/2012 6:32:25 PM PDT by Rocky (REPEAL IT!)
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To: Nachum; markomalley; Clairity; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; ...

Obama outsourcing ping


6 posted on 05/02/2012 6:47:38 PM PDT by raptor22 (Join me on Twitter @gerfingerpoken)
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To: Kaslin

Good article. Put the link on my facebook wall...as part of my own modest effort to get those who pay scant attention to realize that a vote for Obama is a vote to screw America.


7 posted on 05/02/2012 8:01:54 PM PDT by AndyTheBear
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To: raptor22

Thanks for the ping.


8 posted on 05/03/2012 3:02:05 AM PDT by GOPJ (“A Dog In Every Pot” - freeper ETL)
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To: Kaslin

FORWARD!


9 posted on 05/03/2012 8:06:04 AM PDT by Piranha (If you seek perfection you will end up with Democrats.)
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