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We should be able to agree.
On developing clean energy and manufacturing jobs -- -- -- that's what's gonna.
Be required to grow our com.
He required to grow our economy that was President Obama once again hailing the job creating our a green economy in a speech today.
At a North Carolina energy plan.
The president talks a good game on green jobs but where -- the results let's say.
Eighty billion in stimulus dollars were supposed to create 847000.
Green jobs by next year.
But according to the administration have only created about a fourth of that goal that's that's my freedom fighters wondering if -- much vaunted green revolution is just a -- Here now to discuss -- my freedom fires Fox Business anchor.
My colleague Shibani Joshi democratic political analyst Carl Jeffers and reason magazine senior editor.
Catherine -- ward Karr a deal first there's this green jobs nonsense just nonsense or can the president on his own move the whole economy from blue collar.
Well I don't think that the president thinks that he's can he can move the entire economy to green.
But there's no question judge and you look at his background that -- there is getting cleaner.
There are signs that we are moving to -- more green society and one thing is sure.
There are perhaps no larger group.
Of supporters for green energy that independence in the country and that's present that was swept into office by the votes of independents.
And if he's going to be swept again.
Into office he needs independents -- so he's going to make every effort.
To do his majesty tend to show that he's on the forefront of the green movement in the country but the reason why only one follow up.
Of those jobs were created yeah it was because the rest of the economy has been installed at.
And not the jobs that we need essentially have been created and that's going to be a problem -- -- -- address.
Says the president Catherine -- award think that he can bribe the people with -- tax dollars.
And put some money here and put some money there are pushed just enough here and just -- up there to get the independents and the greens to vote for him like -- suggesting.
The thing is that the technology is not -- and the demand isn't there there's no amount of government stimulus money or for that matter presidential rhetoric that's -- make.
He's green jobs magically appear.
It's not a coincidence that there's not going to be any official numbers about what green jobs were really quote unquote created.
For another year -- sell it makes it very easy for the president and his administration to say look -- -- these green jobs is great it's all worked out and then.
You know just declare victory and move on I just don't think that.
Presidential money -- say so is is the thing that's gonna drive the green revolution when it happened.
-- -- what -- Wall Street think one of the bankers think eighty billion dollars and nowhere near the target number.
Of jobs created are they happy because the money is funneled through them and they don't care what happens to it after it leaves them.
Or -- they see this as central planning that it's not nearly as effective as individual private unregulated and -- I think Wall Street is divided a couple of things at a return.
You know a 100000 jobs I don't know whatever the figure -- After putting in.
Billions of dollars into it is not a good return on investment so as far as -- an investment sort of attitude perspective it's not a good investment this is not really acts acute -- that well.
That being said what Wall Street does believe is that there is a future in green energy and if we don't -- whit somebody else is going to whether it's trying out whether it's in yet we can look at our solar industry today.
The technology was developed in this country and who is a world leader in -- technology.
It is a Chinese because they Wednesday they develop the industry.
And they are the world leaders and at what we don't want to have happen.
It's on the other side of the world develops technologies that -- -- you can end up being dependent on what did not happen.
That the government did not do is execute this in a way that makes commercial viable sent -- Carl I know you're a Democrat and I know you're in California but you were very reasonable guy.
Doesn't it make more sense that there -- eighty billion dollars in bested by private enterprise.
Concerned with how every nickel is spent concerned about returning investment to their investors.
Would be far more profitable -- -- government deciding how the eighty billion is going to be spent.
What does first let me let me is that the us about stressed my strong protest to any suggestion that just being a Democrat of being from California would you guess someone did not mean I'm not babbling on about that yeah.
Having said that -- I think that.
I think the private sector of clearly.
Can be the main -- Bob protagonist and pro active force in developing green in the economy.
But what the recession that we had judge right it is most likely.
That the government itself needs to be the necessary to add a left handers again that activity started our and I do believe by the way what we're ignoring here when you say that if somebody else if we don't do it someone -- well itself what.
-- we forget the bad.
That in the end.
Increasing the activity of green our industry and -- -- -- trying.
-- green technology and our country is actually good for us an excellent Bob -- you know what I mean that a better society so all of.
Isn't elevenths well and I got good California Democrat but I want to switch gears I love teasing you know that the image of backdoor deals that made and cigar filled rooms and sadly all too often.
An accurate -- just a few weeks before announcing his reelection campaign.
The president met with two does -- Wall Street executives of the White House's blue room the meeting was not included in White House records.
And I want to know why -- should -- me.
Are these wall streeters -- these big business types afraid to acknowledge that they were seen with the heaviest regulator and.
White House now that the aren't you -- -- -- you -- are you kidding and they wanna be seen in the room with someone who called them fat cat -- Who targeted their bonus is.
Wall Street wants and middle of their road pragmatic.
Leader what we did not get in 2008 what we've not gotten since and is a pragmatic middle of the road leader.
Mitt Romney who worked at being capitalists he went to Harvard Business School how much more blue blood sort of Wall Street can -- -- I think walk I think Obama's gonna have a hard time finding a friend in Washington Obama's gonna have to look outside of Wall Street to get some money -- -- -- Catherine being pro big business is not the same thing as being pro free market is I mean we're learning that right -- our eyes.
That's absolutely true and you know I think there's a reason that both sides had.
Incentive to hide this meeting may be -- Wall Street guys don't wanna be seen as -- with the enemy but.
Obama doesn't want it to be known that he's hanging out with Wall Street guys either I mean.
I think this is a great moment to apply the what if a Republican did it -- -- -- which is a cheap shot but it's also.
A good way to Parse these things and the fact is if a Republican president had a secret meeting with a bunch -- guys from Wall Street who are also prospective campaign donors.
The New York Times and freak out -- the -- about a lot of fire.
Carl we only -- about where thirty sec doesn't have to go to a -- -- how does the president think you get away with this secret meetings with Wall Street fat cats that he once attacked.
Well well a -- certainly the president can get away with meeting with them.
And not having it released by the not getting away with -- -- -- that we're talking about it even in these last thirty seconds are being.
Need Wall Street and Wall Street needs the president because otherwise they wouldn't go to those meetings that began -- -- I guarantee you gotta gotta gotta go cart observers kept.
My -- award Shibani Joshi it's a pleasure guys FBI -- -- KGB.
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