Tuesday, October 9, 2012

Your intellectual betters are helping


President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.

Ha ha ... oh really?  Well, that must be an isolated incidink , right? The "government" is full of my intellectual betters ... never at a loss as to how to spend my money wisely. 

Oh, and did I mention ... they need more, much more ... you see they couldn't take it directly by taxing so they just borrowed it ... and now we have to pay it back.  So what's the difference between borrowing and raising taxes? Just the method.  They both take your money.

And congress knows this which is why most of them won't vote for a balanced budget amendment.  Some will ... we call them Republicans.

The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from General Motors. The plant's batteries also were intended to be used in Ford's electric Focus.

The factory was partly funded by a $150 million grant from the U.S. Department of Energy. LG also received sizeable tax breaks from the local government, saving nearly $50 million in property taxes over 15 years and another $2.5 million annually in business taxes. Landing the factory was hailed as a coup when shovels first hit the ground.

“You are leading the way in showing how manufacturing jobs are coming right back here to the United States of America,” Obama told workers at the ground-breaking ceremony. “Our goal has never been to create a government program, but rather to unleash private-sector growth. And we're seeing results.”

Oh, shut up you fucking idiot.

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