Saturday, November 12, 2011

November 11, 2011 Edition of the Stateside Report

.
Posted by at

1 comment:

Worldly Trader said...

I think this administration has no idea what it is doing on job creation. The XL Keystone pipeline extension is estimated to cost $7 billion and create 20,000 quality well paid jobs. There is an article about the pipeline at the Trading Charts.com website http://news.tradingcharts.com/futures/8/2/168199528.html

It seems this is very little input from the Federal government is required to create 20,000 jobs. They say it is because of environmental issues that they want to delay the pipeline. Well, what you say if I told you that this so called "Green", environmentally friendly administration is allowing offshore drilling in possibly the largest natural and wildlife refuge in the U.S. To top it all off they are allowing British Petroleum (BP) to drill in the area using an custom made drill rig for one of the deepest oil wells in history. This is the same BP that had the major oil spill from its Deepwater Horizon drill rig off the coast of Louisiana.

These are two articles about the topic:

http://ca.finance.yahoo.com/news/EPA-grants-air-permit-Shell-capress-1480688079.html?x=0

http://www.rollingstone.com/politics/news/bps-next-disaster-20100622


I guess the only way the this administration thinks they can create jobs is by letting foreign investors buy a green card by investing in designated government fund. The EB-5 Regional Center program has great math behind it. Let see you let 5,000 immigrant investors give you $500,000 each for a total investment of $2.5 billion. This must be better than a $7 billion investment that will improve the energy security of the country and create permanent jobs.

http://ca.news.yahoo.com/blogs/canada-politics/united-states-looks-compete-against-canada-wealthy-immigrants-150455114.html

November 13, 2011 at 7:29 PM

Post a Comment

Subscribe to: Post Comments (Atom)

Blog Archive