By Ali Abunimah
"In his Weekly Address today President Barack Obama had glowing words for a company called BrightSource and how a subsidized loan program established by his administration is helping BrightSource to create US jobs.....
While the project -- supported by the US government will apparently create jobs in the US (it sounds like they are mostly temporary construction jobs) -- Obama did not disclose that BrightSource has its roots and main facilities in Israel, and as well as creating jobs in California, the US government might be directly subsidizing jobs in, and technology transfer to Israel.....
But in light of the fact that BrightSource is effectively based in Israel -- and that's where all the R&D happens -- the president's claim to be supporting 'American innovation' is at best disingenuous. Obama is scaring Americans about "handing the competitive edge to China" while quietly giving it to Israel."
"In his Weekly Address today President Barack Obama had glowing words for a company called BrightSource and how a subsidized loan program established by his administration is helping BrightSource to create US jobs.....
While the project -- supported by the US government will apparently create jobs in the US (it sounds like they are mostly temporary construction jobs) -- Obama did not disclose that BrightSource has its roots and main facilities in Israel, and as well as creating jobs in California, the US government might be directly subsidizing jobs in, and technology transfer to Israel.....
But in light of the fact that BrightSource is effectively based in Israel -- and that's where all the R&D happens -- the president's claim to be supporting 'American innovation' is at best disingenuous. Obama is scaring Americans about "handing the competitive edge to China" while quietly giving it to Israel."
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