Last year in his State of the Union message, Obamanation allowed as how he was gonna save our nation by making us a nation of windmill makers and solar panel peddlers. This of course, notwithstanding the fact that Spain was going broke building windmills and the tedious work of constructing solar panels can be done much cheaper in Mexico, and Asian countries.
But, he kept his chin up, his nose higher and paid no attention to such details.... he is, after all, 'The One'!!
I note that in October the Indian billionaire, Anil Ambani, of Reliance Power, signed a $10 Billion dollar deal with China's gob'mint owned Shanghai Electric to buy power generating equipment from them. Not only was the price right, undercutting our General Electric's prices by 30%, but also offering Chinese Gob'mint loans at low rates to make the deal even sweeter for the billionaire Indian.
Now then Pilgrims, I don't fault Mr Ambani for taking the best deal, nor do I fault China for 'bringing home the bacon' to their job market..... but I do wonder --
"Does anybody know a country or company that wants to buy ten billion dollars worth of windmills?" Jest wondrin'.........
Go here for the full bad news story -- world leaps forward, US drops back!
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