Green Job Hoax: American “Green” Funding Overseas Business

Allen Frederick

Another example of why WE THE PEOPLE need to force the government out of the FREE MARKET. No matter where you look, every time the government sticks their fingers into the marketplace they make it worse and not better. The only thing the government is good at is wasting our HARD EARNED money.

This report states that is it important to invest in foreign companies so why not let PRIVATE businesses invest in GREEN JOBS if they are proven to be a lucrative endeavor. FORCING TAXPAYERS to give money to foreign businesses to BOAST their bottom lines is UN-AMERICAN.

clipped from blog.getliberty.org

It’s the classic Washington approach to the economy. When times are good, politicians in both parties spend excessively. When times are bad? They spend uncontrollably.

“Green Jobs.”

According to a series of new reports, billions of dollars in “stimulus” money that was supposed to go toward creating “Green Jobs” here in America instead went to foreign-owned companies – who “created or saved” the vast majority of their jobs overseas. Obviously there is nothing wrong with America investing in foreign businesses, as protectionism is a recipe for disaster.

According to an ABC News report, though, almost $2 billion in “stimulus” funding has been spent so far on wind power, and yet 80% of that money has gone to foreign-owned companies.

“Most of the jobs are going overseas,” researcher Russ Choma told ABC. “According to our estimates, about 6,000 jobs have been created overseas, and maybe a couple hundred have been created in the U.S.”

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