Obama promotes clean energy; GOP hits Dem spending

Oct 02, 2010 By ERICA WERNER , Associated Press Writer
Outgoing White House Chief of Staff Rahm Emanuel winks as President Barack Obama speaks in the East Room of the White House in Washington, Friday, Oct. 1, 2010, during an announcement that Emanuel will be stepping down to run for Mayor of Chicago. Obama announced that Pete Rouse will be interim Chief of Staff. (AP Photo/Susan Walsh)

(AP) -- Wind, solar and other clean energy technologies produce jobs and are essential for the country's environment and economy, President Barack Obama said in promoting his administration's efforts.

The president used his weekly radio and Internet address Saturday, a month away from congressional elections, to charge Republicans with wanting to scrap incentives for such projects.

"That's what's at stake in this debate," the president said. "We can go back to the failed energy policies that profited the oil companies but weakened our country. We can go back to the days when promising industries got set up overseas. Or we can go after new jobs in growing industries. And we can spur innovation and help make our economy more competitive."

Part of the House GOP's recently released "Pledge to America" calls for freezing spending from last year's stimulus bill. The stimulus included $90 billion for clean energy projects ranging from electric vehicles to solar loan guarantees, although a big chunk of the money has already been obligated or spent.

Obama cited a solar power plant breaking ground in the Mojave Desert this month thanks to government incentives.

"With projects like this one and others across this country, we are staking our claim to continued leadership in the new global economy," Obama said. "And we're putting Americans to work producing clean, homegrown American energy that will help lower our reliance on foreign oil and protect our planet for future generations."

Republicans disputed Obama's criticism, saying they support investments in renewable energy technologies.

Senate Minority leader Mitch McConnell, R-Ky., took aim in the GOP radio response at government spending, saying Democrats are "maxing out the national credit card on a failed stimulus bill and a government-run health care bill."

He criticized Democrats for recessing Congress until after the elections without acting to extend the Bush-era tax cuts, which expire in January. Obama and Democratic leaders want to extend the tax cuts only for individuals making less than $200,000 and married couples making less than $250,000, while Republicans and some rank-and-file Democrats want to extend tax cuts for the wealthy as well, a costlier proposition.

"Whenever they were asked about this looming tax hike, they just blamed the Republicans," McConnell said. "They said that Republicans will be to blame for some people getting a tax hike because we didn't think anyone should get a tax hike. ... The fact is, the best way to help individuals and small businesses and the economy is to give them all the certainty that their taxes won't be going up at the end of the year."

Explore further: Cyclist's helmet, Volvo car to communicate for safety

More information: Obama address: http://www.whitehouse.gov
GOP address: http://www.youtube.com/gopweeklyaddress

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User comments : 11

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Quantum_Conundrum
4 / 5 (1) Oct 02, 2010
Oh, boo hoo, republicans. I'm just aching so much for you guys that make $200K+. What ever will you do if you have to pay more taxes?

If I made 200k for just 2 or 3 years, I never have to work again in my life.

If you can't make due with that much fricken money, maybe you're too stupid to deserve it anyway.

===

Oh yeah, Rahm Emanuel's comment that Obama had faced the worst times of any president in history was so untrue it's a joke. It's sad people in the audience actually applauded that lie, and it's equally sad Obama himself didn't step in and say something to stop such nonsense, but rather patted himself on the back.
Parsec
5 / 5 (1) Oct 03, 2010
Remember when a difference of opinion wasn't a lie? When there was such a thing as civil discourse? I do, and I sorely miss it.
Quantum_Conundrum
not rated yet Oct 03, 2010
Remember when a difference of opinion wasn't a lie? When there was such a thing as civil discourse? I do, and I sorely miss it.


Even the democratic campaign strategists called it a lie.

Get over it. It was a ridiculous comment.
marjon
1 / 5 (2) Oct 03, 2010
If I made 200k for just 2 or 3 years, I never have to work again in my life.

It is not what you make, it is what you keep.

But the principle to be addressed is "does the money YOU earn regardless of amount, belong to you or your neighbors?"
Quantum_Conundrum
not rated yet Oct 03, 2010

It is not what you make, it is what you keep.

But the principle to be addressed is "does the money YOU earn regardless of amount, belong to you or your neighbors?"


The wealthy often do not "earn' money. They profit off the cheap labor and innovations of their employees, and then patent said inventions and innovations under their own name or their company name.
marjon
1 / 5 (1) Oct 03, 2010
The wealthy often do not "earn' money. They profit off the cheap labor and innovations of their employees, and then patent said inventions and innovations under their own name or their company name.

Of course they earn their money. If they did not risk their money to hire employees, build factories, pay license fees for patents how would any product be manufactured?
Skeptic_Heretic
1 / 5 (1) Oct 03, 2010
Of course they earn their money. If they did not risk their money to hire employees, build factories, pay license fees for patents how would any product be manufactured?
By the same people who manufacture it now in the same manner they manufacture it now.

Most of the rich aren't rich from invention and manufacturing anymore. Most of them profiteer off of playing the casino called wall street.
marjon
1 / 5 (1) Oct 03, 2010
Most of them profiteer off of playing the casino called wall street.

Most profit from political entrepreneurship enabled by statists who support a more powerful state.
The way to change this is to limit the power of the state to control the economy.

"The political entrepreneur will also use his influence to get government bureaucratic regulatory bodies at all levels of government to attack his competition. There is a big difference in market entrepreneurs and political entrepreneurs. Unfortunately, genuine Capitalism getting clobbered by political entrepreneurs coaxing government agencies to constantly attack market entrepreneurs."
Quantum_Conundrum
5 / 5 (1) Oct 03, 2010
Most of the rich aren't rich from invention and manufacturing anymore. Most of them profiteer off of playing the casino called wall street.


Well, it isn't even a "casino" any more. It's just plain rigged. In a casion, both rich and poor alike have an equal chance, in theory, unless someone has rigged the games.

But in Wall Street, if you are already rich, then you are "too big to fail" so then even if you lose, you still get to take the poor people and average people's tax dollars and replace your losses anyway.

If you are a banker, you get to charge people insane fees coming and going. They even charge you a fee now for having an "inactive" account for not making at least one deposit or withdrawal per year. Charge you to hold your money is what it amounts to.
marjon
1 / 5 (1) Oct 03, 2010
then you are "too big to fail" so then even if you lose, you still get to take the poor people and average people's tax dollars and replace your losses anyway.

Only if the govt has the power to do so.
In 1907,the govt did not have power but JP Morgan had the money.
A govt that has to power to 'give' has the power to 'take'.
If you want govt to have that power, don't bitch about it.
Skeptic_Heretic
1 / 5 (1) Oct 05, 2010
Only if the govt has the power to do so.
In 1907,the govt did not have power but JP Morgan had the money.
A govt that has to power to 'give' has the power to 'take'.
If you want govt to have that power, don't bitch about it.
The government is for the people, not the banks. Wall street and main street are now two seperate economies connected to the highway of global commerce.

Wall street simply erected a toll booth in front of main street. The taxation wrecking ball will take it down.

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