“$150 million in federal money to the Volt’s Korean battery supplier.”
Um, excuse me, but how does giving $150 miliion to South Korea help either American workers or the American economy? Can’t we build the battery HERE in the United States? What aren’t those jobs going to Americans in an American factory? How much of the rest of the car (parts, that is) is NOT made here in the United States? I’m glad to see that our “stimulus” money is going to help “save or create” jobs….in Korea.
And nobody seems to care these days about the almost $200 billion that was given to AIG. The Federal Government is STILL in the insurance business and it looks like AIG has absolutely no way of paying all of this back. Why do we really want to own an insurance company when it can be sold to at least get back some, if not most, of the money we put into it?
Hopefully, November will bring the beginning of the end of to this massive experiment in socialism (I think it’s more socialism than fascism). At least a conservative Congress can put an end to all of these schemes hatched by Obama and his henchmen.
