"Ford Motor, Nissan and Tesla were awarded a combined $8 billion in loans Tuesday under an Energy Department program aimed at preserving jobs and improving vehicle fuel efficiency. The low-interest loans will be used for U.S.-based projects in Tennessee, California, Illinois, Kentucky, Michigan, Missouri and Ohio. "We have an historic opportunity to help ensure that the next generation of fuel-efficient cars and trucks are made in America," said President Obama. "These loans . . . will create good jobs and help the auto industry to meet and even exceed the tough fuel-economy standards we've set, while helping us to regain our competitive edge in the world market." Ford will get $5.9 billion in loans through 2011 and will use them to develop and apply new technologies to standard gasoline engines and to develop electric vehicles. . . . More U.S. jobs are a goal of the program, along with greener vehicles, said Energy Secretary Steven Chu. "These investments will come back to our country many times over — by creating new jobs, reducing our dependence on oil and reducing our greenhouse gas emissions."
http://www.usatoday.com/money/autos/2009-06-23-energy-loan_N.htm
Everything Guiliani did, he tied to "September 11".
Everything Bush did, he excused with "fighting terrorism".
Everything Obama does, he justifies as "saving jobs".
All three make phony excuses on irrelevant matters. If this auto / energy program is successful, we'll have cleaner more efficient factories making cleaner more efficient cars . . . with less workers. "Cleaner more efficient" is a good goal. "Less workers" is an unavoidable consequence of modern computerized robotic auto factories. There's no need to lie about it by falsely claiming "more jobs" will be created.
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