Tag: Investing

This ought to be a lesson to every last Democrat who voted for Obama and Biden.

The Video:

The Story:

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland.

“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the car company’s founder and namesake told ABC News. “They don’t exist here.”

Henrik Fisker said the U.S. money so far has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.

“We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”

via Car Company Gets U.S. Loan, Builds Cars In Finland – ABC News.

Here is the real-world translation to that last line in that story; we did not want to have to deal with the labor unions in this United States, so we moved our manufacturing overseas.

Take note my Democratic Party friends who happen to read this blog, all two of you.  This is what happens to the Democrats and their union counterparts, when they elect internationalist Democrats, who really do not give a care about what happens to American workers.  Internationalist Democrats and their Republican counterparts, the globalists — like Richard Nixon, who do not care about American workers, they are corporatists, who support crony capitalism.

This right here is a perfect example of why the relations between the Democratic Party and the labor unions are frosty at best.  That is because the Democratic Party for the last few instances that they have won elections, have been putting internationalist Democrats into the White House.  This type of a Democrat talks a nice game, and puts out platitudes to the American autoworkers and their representatives in the unions; but when the “Rubber hits the road” so to speak, things change.  They begin showing their true colors and start doing things to kick dirt in the face of the American worker.

I do not write this as a Conservative mocking the left, goodness no.  I write this as someone who has a father, who is a retired General Motors worker, who is a member of the UAW.  If anyone would know how the Democratic Party has treated the American autoworker in the last 30 years, it would be me.  There was a time in this Country, when the Democratic Party used to respect the American autoworker and would literally step in front a train to defend them.  Sadly, that time has passed, as the unions have lost their influence amongst the Democratic Party.

The loss of that influence in the Democratic Party is partially due to the actions of the internationalist Democrats, like Bill Clinton, who signed into law NAFTA and TAFTA.  Some of that loss of influence is also due to the declining membership roles within the UAW and other said unions.  Either way, it is sad transition in America, when our politicians in Washington D.C. put interests abroad before interests here at home.

Some of my readers, all three of you, might be shocked to see that I do not take a more mocking tone on stories like this and here is why I do not; Pat Buchanan said it best once, on one issue that I actually agree with him on — the American worker.  Pat once said, “As goes Detroit, goes the Nation,” and you know what?  Pat Buchanan is right about that, the United States of America used to be a manufacturing marvel.  We produced everything ourselves, and other Countries used to come here to see how we did it all.  Sadly, those times have come and gone, due to many reasons, a list of which is longer than the length of this blog entry will permit.

What is solution you ask, I know what it is; but most of the people who will come here to read, will not agree with it.  However, I will give the solution.  Firstly, the solution is NOT to bust up the unions, as they have as much right to proper representation, as the company owners have a right to make a profit.  The solution to the problem is to get rid of these idiotic so-called “Free Trade” agreements.  Secondly, the solution is to impose strict tariffs on EVERYTHING and I do mean everything that is manufactured overseas and imported into our Country.

These actions would do a couple of things; firstly it would protect the American workers from the globalists who want to undercut the American worker to make a quick dollar on the backs of cheap sweatshop labor in foreign countries like China.  Secondly, it would solve our Nation’s revenue problem by creating a reliable source of income; one of which we did have in this Country for a very long time, before the globalists ripped it out, in favor of trade agreements.

Further, the solution is in whom we elect; Republicans and Democrats alike need to elect those who put America’s interests first, and not the interests who those abroad.  To be fair, Republicans have done this too in this past and we as Americans need to watch what these new crop of Republicans really represent; do they represent the interests of the crony capitalists or do they have the American people’s interests in mind?  Supposedly, the Tea Party movement brought some of this “America First” type of populism to the Conservative movement, but as of late, it seems that the Tea Party was nothing more than a passing fad.  I just hope the people, who went to these protests, use the principles that were promoted at the Tea Party rallies, at the ballot box come November 2012.

Others: Michelle Malkin, New York Times, New York Magazine, The Heritage Foundation, Questions and Observations, Fantastical Andrew Fox, RedState, The Strata-Sphere, Hot Air, Sky Dancing, Conservatives4Palin, americanthinker.com, Big Government, Weasel Zippers, Fire Andrea Mitchell!, JammieWearingFool and Betsy’s Page