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Obama helps to create JOBS in the Ukraine

August 17, 2012

Here is an interesting story about an obama/biden donor getting a $20,000,000 US Government backed loan to start a car dealership in the Ukraine. A luxury car dealership that will sell Porsche, Land Rover and Jaguar automobiles. So we are giving him $20,000,000 to start a business in a foreign land, selling foreign made automobiles. And of course they will be required to have union employees from what I read in the OPIC summary release.

Another important factor is their highway infrastructure is deteriorated or non-existant in the majority of the country. Automobile ownership is approximately 158 per 1000 residents, and most people buying cars in the Ukraine are buying low cost Chevy, Hyundai and Dawoo models due to the cost. From what I have read there is very little to no market for high end vehicles. So is this just another give-a-way to and obama supporter, seems to be. Glad they are spending money to create jobs in the United States!

Here’s the story:

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