Obama pledges billions for new electric infrastructure -- FOR AFRICA!

Why is there not already a fixed Standard for infrastructure in every State of the Union and the federal districts?

 

FAIL! FAIL! AND MORE FAIL!!

How does giving our own money, money that doesn't exist because we are in debt, help private industry? IT DOESN'T!! If Africa was paying the US contractors, yeah. Then it would be helping us.

Getting really sick of the brain dead *******s that troll these forums.

 

Global stabilization favours commerce and, consequently, industrial nations, but you might be able to better understand if you think of the billions of US dollars given to Israel year-in year-out to purchase military ordnance from US manufacturers.

The Bush's impressive legacy is in no way challenged by Obama's modest investment that, as he acknowledges, is merely a stimulus, creating incentives and opportunities for US business. As Forbes, observed, "Among the private companies that the president said have “committed more than $9 billion in investment” to the Power Africa project, G.E. appears to be front and center." China has been very aggressive in fashioning an economic relationship with the rapidly developing continent, and the US cannot afford to sit blithely by as a huge potential market for US goods and services is missed.

In 2003, Bush founded the President’s Emergency Plan for AIDS Relief (PEPFAR), which guaranteed $15 billion to be spent over the course of five years on prevention, treatment and research on HIV/AIDS. Under the Bush administration, the U.S. was also a leader in contributing to the Global Fund on AIDS.

The Bush addressed the moral imperitive. Now is the time to reap the financial benefits of the Bush's largesse. Doing well by doing good is capitalism at its best!




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When was there a bill introduced in either the House or Senate that sponsored billions of U. S. taxpayers' dollars to be spent on electrical infrastructure in AFRICA? I've searched the internet and my memory and can't find one.

No, this is Obama doing something for the "home boys" and it's all aimed at building his prestige and legacy as the first half-Black president. Like all hyperliberal Democrats, he's awfully free with other people's money! And it's bad enough when he blows it on his domestic Welfare State -- but now he feels compelled to go blow it on AFRICA, too?

*** Oh, and by the way, if there's this big economic "boom" going on in Africa, then why can't the Africans build, and PAY FOR their own damned electricity infrastructure?! ***

 

Now that he's in the money Obama has to take care of his people.

 

Why are we enabling sloth in Government, by giving our federal Congress a "free pass" regarding fixing a Standard of Infrastructure for the United States.

 

Yes, how dare we provide Africa with a source of Alternative energy. How dare we use money to support our economy (Remember, it's a tech based one) and also support the economies of Africa as well. GE didn't become so large by being stupid.

 

You think America is going to be energy independent? Its friggin laughable man we are a consumer nation now.

 

This is the perfect demonstration of why the state can never work and will always collude with business to provide them privileges from our tax dollars.

The state tries its best to spread American multinationals around the world. Just look at what happened to Haiti when they tried to elect someone who wouldn't allow it: they exiled him by force.

There are plenty more examples, and your country is by no means alone. Mine is just as bad.

 

Obama and Bush plus media (propaganda) are there to destroy the Rep and Dem parties, to force voters to other parties, mainly TP and 'freedom' party. Paul and Palin are the follow up politicians.

 

I believe providing for the general welfare and the common defense takes priority over any war on any abstraction, whenever our federal Congress cannot justify wartime tax rates for those policies which may require war powers.

 

Foreign aid never reaches the foreign countries. It's pure theft.

 

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You can gain public office and short term political power by Pandering and Foreign policy largess, but you cannot long term GOVERN by it.

"Its Bush's Fault" is all worn out.

When we default on our national, state, and municipal Debt, who will the Dems Blame?

How will we clear the rubble and rebuild?

Obama is the worst disaster to ever happen to America.

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Fine -- let Obama-loving sycophant (and GE CEO), Jeffrey Immelt talk General Electric's stockholders into "investing" stockholder money in "Alternatie energy" for Africa! I'm just an American taxpayer, and evidently nobody is going to give us a voice into whether or not we approve throwing billions of dollars that we don't have into Africa!

This is nothing but a big, juicy sop that Obama has thrown to Immelt for all his political support and it comes at a time when we don't have money to squander on any foreign country. Hell, if Obama's got money to burn, I'd ask that he fix all the crevices and craters in the streets and roads of the United States before going on multi-million vacations to discover Third-World pisspots to waste our money on!

Oh, wait! That's what that "American Recovery and Reinvestment Act" fraud in 2009 was supposed to have done...right?!

 

Simply disgusting. We could give every teacher in the US a decent raise with part of that money or FIX OUR INFRUSTRUCTURE=(

 

Buy a map. Get someone to show you how to read it.

 

Meh.

We already give billions to Africa. All this really does is specify what it will be spent on. And honestly infrastructure is what Africa needs more than they need boxes of food.

 

No doubt all the equipment will be manufactured in China.

 

In a way, Obama is risking $7 billion. He is lending the money to those who develop electrical power in Africa. That money could be coming back to us with interest if the projects are successful. We could then have an Africa that is more modern and would need more products from us. It is an investment just like any other investment expecting a return on investment. Some of us would consider it forward thinking but the "not me!" group can't do "forward thinking". Notice that this investment doesn't have to go through the "do nothing" Congress.

Obama would do the same thing in America except for the "not me!" House.

 

Yes, the President's investment in Africa s belated - and modest compared to a proposal co-sponsored by Rep. Ed Royce, R-CA - but shrewd and strategically astute according to Republican commentator Michael Gerson:

 

Is any of this investment going to Nigeria? No. In fact, one of the tycoons in Nigeria is also investing in electrical power for other countries. God, the "not me!" crowd never researches anything. China, the Dutch, Great Britain and Japan are investing in Africa. This US investment will help American companies compete with these other countries. $7 billion is a small investment compared to other countries.

The "not me!" group doesn't believe that we should compete in the world anymore. We call that "looking backward".

 

You don't have a representative to talk to about this? This is what Obama's planning to do. It hasn't been finalized yet. Or are you ignoring all this does for the US economy. The US economy is industry based, and this falls right up our economy's alley. What better way to create jobs, by giving them an economic incentive?

 

I thought Obama and the libs were more worried about honest American citizens attacking his government.

Isn't that why he has to tap our phones and deny tax exempt status to the Tea Party groups?

If pandering to terrorists is such a good idea Der Fuhrer should deal with what he thinks is the immediate threat here at home rather than throwing tax dollars at his relatives in Africa.

 

Besides stimulating capitalistic activity in general, the modest initiative promises to be quite profitable for US business:

The opportunity has certainly not been lost on Republican Congressman Ed Royce:

Royce astutely notes:

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I don't know about your city/state, but in mine, the Teachers are already making 30% above the median income and have a benefit package that well beyond that of most upper end corporate employees!

Why on earth would we want to give the Teachers a raise, they are grossly overpaid and under-performing already?

As far as fixing our infrastructure, yes, it does need doing, but like most third world countries, America the third world Obama-Nation cannot afford to fix all of it, but must only band-aid patch the most critical crumbling bits.

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