Erm, remember the green power potion of the stimulus, which was supposed to generate all those new American jobs? Uh, maybe not...
"The Workshop was the first to report last October that more than 80 percent of the first $1 billion in grants to wind energy companies went to foreign firms. Since then, the administration has stopped making announcements of new grants to wind, solar and geothermal companies, but has handed out another $1 billion, bringing the total given out to $2.1 billion and the total that went to companies based overseas to more than 79 percent.... The same day the Workshop's first reported on this story a consortium of American and Chinese companies announced a deal to build a $1.5 billion wind farm in Texas, using imported Chinese turbines. Company officials said they planned to collect $450 million in stimulus grants for the project. The deal would create dozens of jobs in the U.S. and thousands in China."
Even Chuck Schumer [D-NY] is annoyed. Repeat after me, kiddies:
"I pledge allegiance to America's debt, and to the Chinese government that lends us money. And to the interest we will pay, compoundable, with higher taxes, fewer services, and lower pay, until the day we die."
Aren't you glad it was all worth it, though? Yeah, me too.
