Vestas, a Danish-American manufacturer of wind turbines has
announced the layoff of 800 employees immediately and possibly another 800 after the first of the year because of the year-end expiration of the energy production tax credit. President Obama wanted the tax credit to
expire because he feels that oil companies make too much money through its
use.
COMMENTS:
This is just one company that has made use of the tax
credit. There are countless companies,
big and small, depending on the tax credit to make up for the skinny profit
margin in the electricity manufacturing sector.
They are solar, wind, hydro, geothermal… these are both large and small startup
companies that directly make electricity or make products and machinery used in
that manufacturing. It’s just another
one of the many short-sighted, ill-thought-out boondoggles of the “elite” Obama
team.
TODAY’S QUERIES & ANSWERS:
Q. I know that all of the pundits are saying Obama won
Tuesday night, but I didn’t see it that way.
What do you think? (Carmen ~
Espanola, NM)
A. Obama was certainly better prepared and more vocal in
this debate. However, what he had to say
either largely lacked substance or was a total stretch of the truth. In fact, he flatly ducked and did not answer
several questions. And, once again, the substance
and mannerisms of Romney during the debate surely showed me he is of “Presidential
stature.” Many people, including me, are
very pleasantly surprised at what is emerging from Romney.
Q. Did I hear that Russia is scrapping some nuclear
agreements made with the United States?
(Timothy ~ Gardena, CA)
A. Yes. They had made
an agreement that secured their nuclear weapons during the fall of the Soviet
Union. They obviously know that Obama
won’t squawk very loudly about it and they are in the process of jockeying into
position as being the new “number one superpower” of the world. But, they have to beat the Chinese at this
game first.
Q. Don’t you think Crowley’s answer, siding with Obama on
when he said the Benghazi massacre was caused by terrorism, was totally
wrong? (Elmo ~ Red Bluff, CA)
A. Yes. In fact, I
think it may have been deliberately contrived.
How many people knew or remembered what Obama said in the Rose Garden
the day after the attack? Yet, Romney
brought the subject up, Obama insisted he was saying from the get go that it
was terrorism, Romney was justifiably astonished to hear that, and Crowley
sided with Obama, saying she had heard what Obama said. Think about it. I think it was a “set up.”
TODAY’S QUOTE:
“If we can boondoggle ourselves out of
this depression, that word is going to be enshrined in the hearts of the
American people for years to come.” ~ Franklin D.
Roosevelt
TODAY'S VIDEO:
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