Tuesday, May 8, 2012

in response to http://www.youtube.com/watch?v=8IkC4gM6QX4&feature=player_embedded


http://www.youtube.com/watch?v=8IkC4gM6QX4&feature=player_embedded a very good friend of mine sent me this video.  Pretty interesting spin.  Watch it and then see my responses.  Thanks  please forward to as many of your liberal friends as possible.  Like the video says.  know the truth and I say don't let spin work.  To make spin work partial truth is needed.  I have included some reference material to refute the youtube article.

“Koch brothers are secretive oil billionaires backing Romney because Obama wants to take away millions of dollars in un-necessary tax breaks”.
The deduction of actual cost, to acquire raw material including exploratory costs, is the same as any other business cost that is deducted from the bottom line of a business.  It is not a subsidy and the smoke and mirror rhetoric does not make it so.  Might also mention that the Koch brothers are well known, therefore not secretive.  So much for propaganda use of the language.
“Conservative ads stating that the administration gave $s to build cars in Finland are false because the department of energy’s funding was specifically for manufacturing in the US. Employing 700 workers at the Anaheim plant in California and they are planning a plant in Deleware”
Ar2: http://en.wikipedia.org/wiki/Fisker_Automotive#U.S._government_loan    “The Karma is a plug-in hybrid luxury sports sedan produced by Fisker Automotive and manufactured at Valmet Automotive in Finland. After missing its initial late 2009 launch, and after the launch was rescheduled several times, the first deliveries took place in the U.S. in late July 2011 and deliveries to retail customers began in November 2011.“ 
http://spectator.org/archives/2012/02/14/why-is-the-government-subsidiz “Fisker's problem is that it is the recipient of a $529 million loan from the Department of Energy. Having already pocketed $193 million to help push the $104,000 Karma onto the market,“
http://money.cnn.com/2012/04/04/autos/Fisker-plant/index.htm “The Karma is assembled in Finland.”
Fisker's ATVM loan has attracted some controversy. Politicians and journalists have drawn comparisons with similar loans received by the now-bankruptsolar cell manufacturer Solyndra.[38][39] After drawing $193 million, the government froze the credit line in May 2011 when it was determined that the company had not met milestones set as conditions for the loan[29] and later hired Houlihan Lokey to assist in monitoring Fisker's progress.[40] The loan received additional scrutiny for being awarded in part for luxury vehicles that are too expensive for much of the general public.[38] Fisker investor Ray Lane responded that the issues were being blown out of proportion due to election year politics.[38]
“The Conservative ad said we sent money to china to build traffic lights is false because those lights were assembled here and helped expand our light manufacturing here in the US”
AR2:http://factcheck.org/2012/05/stimulus-money-for-jobs-overseas/ b  A Pittsurgh Tribune Review investigation found most of those components were being purchased from Asia.  
They said we gave money to a company building solar panels in Mexico that is wrong because we are giving money to the California Valley Solar Ranch in San Luis Obispo, CA

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