Obama Administration Kills Undesirable Jobs
[Guest post by DRJ]
From Enoch Root at POWIP, a mining company planning to hire more people in Wisconsin lost loan guarantees because of Obama Administration environmental concerns:
“Local concern, Bucyrus, has victory snatched from the jaws of … erm.. victory.
Inside sources report that having been centimeters away from receiving a loan from bank in the amount of 350 Million Dollar (citation needed), bank (having received Federal money) is pressured to kill off loan by Obama Administration (opposed to any carbon-based jobs) – bank capitulates – deal falls through.
The government never gives our money away for free – unless it’s to its own government employee or unions’ base.”
It appears there is confirmation from Rep. Paul Ryan at POWIP’s link, and this:
“Up to 1,000 jobs at Bucyrus International Inc. and its suppliers could be in jeopardy as the result of a decision by the U.S. Export-Import Bank, funded by Congress, to deny several hundred million dollars in loan guarantees to a coal-fired power plant and mine in India.
***
The fossil fuel project was the first to come before the government-run bank since it adopted a climate-change policy to settle a lawsuit and to meet Obama administration directives.“President Obama has made clear his administration’s commitment to transition away from high-carbon investments and toward a cleaner-energy future,” Export-Import Bank Chairman Fred Hochberg said in a statement. “After careful deliberation, the Export-Import Bank board voted not to proceed with this project because of the projected adverse environmental impact.”
The bank’s decision is puzzling, Sullivan said, because the power plant will meet international standards and the bank’s environmental criteria.”
Congratulations, Illinois, Indiana, Minnesota, and Wisconsin. You’ve been Obamaed.
— DRJ
We must impeach this son of a bitch. (well he is you know)
Zelsdorf Ragshaft III (2ff01a) — 6/27/2010 @ 5:28 pmComment by Zelsdorf Ragshaft III — 6/27/2010 @ 5:28 pm
Wouldn’t that be nice. Won’t be until after November, which I can see from my house. However, now that Obama controls the internets and Twitters, who knows what will happen after November. I’m sure there will be an emergency to take care of us pesky smartasses who ask questions.
Vivian Louise (643333) — 6/27/2010 @ 5:37 pmThe Obama Administration remains awfully defensive about the Ex-Im Bank’s now $5 billion loan commitment to Petrobras for dirty dirty offshore oil exploration equipment.
daleyrocks (1d0d98) — 6/27/2010 @ 5:55 pmCongratulations, Illinois, Indiana, Minnesota, and Wisconsin.
So, what does that idiot Franken have to say about this?….
Blacque Jacques Shellacque (e55c05) — 6/27/2010 @ 6:09 pmHe probably figures the coal-miners are bitter clingers who vote Republican anyway.
DRJ (d43dcd) — 6/27/2010 @ 6:10 pmDrill, Soros, drill. As for the Ex-Im Bank —
This is the government doing what it’s supposed to do – helping to create U.S. jobs, ——
It’s not the govt’s job to create jobs. The free market will do that.
making sure that Americans get a fair shot at selling goods and services, —–
India will buy equipment, just not from Bucyrus or this country. Maybe Senator Franken will have a good anti-business comment on that.
and helping American workers compete on a level playing field against foreign competition. —–
Foreign competition plays by its own rules. That means equipment with lots of smoke-belching carbon cooties. Nothing green there..
Obama = destroyer
Vermont Neighbor (5841cd) — 6/27/2010 @ 7:52 pmmmmm, the putrid smell of sanctimony coming from the Whitehouse reaches Wisconsin. And all to benefit an utterly discredited notion–man-caused global warming–along with a few select friends and supporters (like BP).
Any Obama voters that haven’t figured this out yet?
iconoclast (fb10de) — 6/27/2010 @ 7:53 pmThis very interesting link is OT and appropos to nothing– except that it also involves Wisconsin, and is also a story of bad judgment based on a political stance that resulted in life changing unintended consequences.
http://www.nytimes.com/2010/06/27/us/27armstrong.html?hpw#
elissa (7df0ad) — 6/27/2010 @ 7:59 pmI’d never heard about that incident, elissa. What sad, destructive lives.
DRJ (d43dcd) — 6/27/2010 @ 8:07 pmeh, the export-import bank skews the market anyways. if the coal plant can’t get a loan on the private market, then I am fine with those jobs going away. Would you really say that Obama “kills” jobs every time he refuses to subsidize a US company? if so, then the GOP favored “killing” a lot of jobs when it opposed stimulus measures.
jc (bbca08) — 6/27/2010 @ 8:11 pmJC – Wrong.
The “stimulus” hasn’t been used to create private sector jobs, it has been used to expand the pool of government employees.
We can oppose wrong uses of our money while supporting correct uses.
tyree (63c76f) — 6/27/2010 @ 8:34 pmAs for the President, he mentioned once he had a desire to kill the coal industry. He is only doing what he said he would do. Of course, he left out the words “in the US” from that statement because as Vermont Neighbor mentioned, the equipment will still be sold and profit will be made, but not by the USA. Thanks for the Hope and Change, Mr. President. Those of us without jobs salute you.
tyree (63c76f) — 6/27/2010 @ 8:38 pmthe WSJ picks up the story and juxtaposes it with the little president man’s job-destroying moratorium
happyfeet (19c1da) — 6/27/2010 @ 8:46 pmelissa, I had not heard of that death. Thank you.
htom (412a17) — 6/27/2010 @ 8:55 pmHey Wisconsin, how’s the bus taste?
Jeff Weimer (952d52) — 6/27/2010 @ 9:05 pm9.I’d never heard about that incident, elissa. What sad, destructive lives.
Comment by DRJ
You’ve never heard of the bombing at Univ. of Wisconsin? I’ve referred to it a few times over the years, but since you probably get to read somewhat less than all of the posts, either you missed it or did an exceptionally poor job of communicating at that time.
It was very significant for a number of reasons, in addition to the obvious one in killing an innocent person.
At least in Madison, if not elsewhere, after the bombing there was a dramatic drop in attendance at anti-war protests. (To put it in perspective, the University had needed a standing presence of the National Guard to keep the place open; daily protests at noon in front of the central administration building were met by daily tear gas to disperse the crowd.) The majority of anti-war protesters were of the “Make love, not war” mindset, and the idea of blowing up things and certainly killing people was not part of their agenda.
The second reason, is that the bombing and some of the reaction to it clearly revealed a core of serious anarchists who really did desire, plan, and attempted (in their own minds, anyway) to upset the US government and bring widespread chaos and revolution. In some ways this was most clearly exposed by the reaction of these (few) folk to the aftermath of the bombing. They felt “betrayed” when the number of protesters drastically reduced. Some of them actually thought the bombing was going to trigger a mass uprising, and they were very disappointed and disillusioned when that did not happen.
To many, Leo Burt has been much more of a folk hero than a fugitive.
A few years ago some amateur film enthusiasts made a short (maybe 10 minutes-ish) report of the incident. They essentially put 100% of the blame and responsibility for the bombing and death on the UW administration for not giving in to student demands to close out the Army Research projects. (I wish I was being sarcastic, but I’m not).
An incredibly enlightening documentary on this event and the times surrounding it in Madison was made in the late 70’s titled “The War at Home” (not to be confused with a TV show and maybe another movie about the event). The promo poster is quite compelling; it shows a National Guard soldier in battle dress standing in front of a large wooden sign which was a map of the campus with the caption “You Are Here” at a star marking the corner where Chamberlin (sp?) Hall is. The wing of Sterling Hall that was blown up was immediately next to Chamberlin. (After the area was rebuilt the two buildings are joined, not sure if they were before.)
The Kent State killings were in the news recently as it’s the 40th Anniversary, and they were going to remember the event with historical markers on the campus. I have not heard of any such efforts in Madison.
MD in Philly (3d3f72) — 6/27/2010 @ 9:21 pmHere is one review of the film:
http://icarusfilms.com/cat97/t-z/the_war_.html
Here is the opening:
THE WAR AT HOME chronicles the awakening and growth of the Vietnam protest movement in the United States, from a handful of politically active students, to the street confrontations at the 1968 Democratic Convention in Chicago, to the killings at Kent State.
Unless I’ve developed dementia and confabulation, the UW bombing is in the movie too, but not mentioned in the review. I guess they didn’t want to mention that part. A phrase from a friend of mine during student days at the UW seems appropriate, “The dirty pigs!”
MD in Philly (3d3f72) — 6/27/2010 @ 9:26 pmPhilly, thank you for providing the good additional background to this Vietnam era bomb story. I would add one more thing: the residents of Madison and the university community were appalled to find out the killer bombers were local, young rosey cheeked home town guys. (Most Americans previously had always wanted to believe that the most violent anti-war anarchists were outside agitators.)
I had not thought of this fatal bombing in years so I found the obit and the update on the perpetrators to be quite interesting. I was especially surprised to see that both Dwight and Karl had returned to Madison to live out their sad little lives. For some reason I find that very strange.
DRJ, thanks for allowing a few of us to embark on a slight thread highjacking to discuss this.
elissa (7df0ad) — 6/27/2010 @ 9:55 pmI think of the bombing, and the surrounding facts, whenever I think of Billy Ayers, which is whenver I think how in the world did Obama get elected.
MD in Philly (3d3f72) — 6/27/2010 @ 10:02 pmThis denial of a loan to an energy company in India that will result in lost jobs at Buchyrus in Wisconsin, is part and parcel of the over-weening hubris of the Progressive Movement that has cost jobs at Caterpillar from the denial of a Free-Trade Agreement with Colombia…
and the irony in both cases is that these lost jobs would be UNION jobs.
But, these union members must make a sacrifice for the more important goal(s) of a reduced carbon footprint and the human-rights of terrorists.
We are creating a much better world than the one that Bush destroyed.
AD - RtR/OS! (7166b6) — 6/28/2010 @ 9:35 amvery creative post
Gulf Jobs Vacancies (9720d7) — 3/28/2011 @ 4:54 am