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Business

Cruise Liner Exec Writes Scathing Letter to Obama Over New Regulations

Oct. 8, 2012 9:50pm Erica Ritz

World City America President Stephanie Gallagher Slams Obama for Regulations Preventing Jobs

A Royal Caribbean cruise ship is seen near Falmouth, Jamaica in March, 2012. (AP File Photo)

The most common complaints by business-owners against the current administration tend to revolve around the economic uncertainty and increased regulation that have made it next to impossible to plan for the future.

Stephanie Gallagher, the president of World City America Inc., is lending her voice to the fray after the Obama administration reportedly moved to prevent American cruise liners from being eligible to get the long-term financing under Title XI that makes building something as massive as a cruise ship possible.

As Royal Caribbean acquires its third Oasis-class ship from Finland, Gallagher writes that World City America has invested over a decade and $60 million in designing a “superior product” that would be built in America, by Americans, and paying taxes to the U.S. government.

“Having demonstrated that our plan would be economically sound, would not cost the taxpayers anything, would not increase the debt but would improve the deficit, the only way to push us off the cliff was to enact policy that preempted the nation’s ship financing program from being used to build cruise ships. That’s what the Obama Administration did,” Gallagher claims.

(AP File Photo)

Gallagher’s main point of contention is that the cruise industry is overwhelmingly funded by American dollars, but the companies typically build the vessels out of the country, hire international employees, and pay far fewer taxes than a wholly American company would.

Gallagher thinks the change is the result of politics and special interests, and while she notes that both parties are susceptible to such incentives, Gallagher ultimately holds the current administration responsible.

Gallagher’s letter continues:

“…we do blame the Obama Administration for throwing down the gauntlet…for precluding America’s long-delayed entry into this booming US-driven market; for shutting the door on what we have proven is possible and viable if the government applied the Title XI regulations as intended – not as a subsidy for special interests, but as a job-creating, economy-boosting and tax revenue-generating program and policy.”

“Why, Mr. Obama, would you choose this, of all times, to lock out American shipbuilders, hotel construction companies, hundreds of US suppliers in all fifty states, and thousands of long-term self-sustaining new jobs for our dwindling Merchant Marine and US hospitality workers?”

“Why…when there are twenty-three million Americans out of work, would you decide to announce a policy that America and Americans can’t participate in this booming US-driven market that has grown steadily at 7% or more every year, recession or no recession, for decades?” [Emphasis added]

“All is fair in love and war,” Gallagher accepts in conclusion, adding: “but don’t tell the American people that you wake up every day thinking of ways to give the American workers a fair shot in the global economy. Don’t claim to ‘walk the walk.’”

(H/T: Gateway Pundit)

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Comments (205)

mattmo79
Posted on October 8, 2012 at 11:16pm
Obummer doesn’t want to create jobs he wants to create dependency!

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- Zer0
  Posted on October 9, 2012 at 2:46am
  Exactly.
  
  Report this comment
- Detroit paperboy
  Posted on October 9, 2012 at 4:32am
  They didn’t build that, someone else did that……………..
  
  Report this comment
- damon_k
  Posted on October 9, 2012 at 5:30am
  For every executive that speaks out there is a hundred that are afraid to. Jefferson said, “When the government is afraid of the people there is liberty and when the people are afraid of their government there is tyranny.” For the last 4 years we have an ever increasing tyanny. Read more insights at: http://smallcraftadvisorychronicles.blogspot.com/
  
  Report this comment
- marecanine
  Posted on October 9, 2012 at 6:41am
  Very true!
  
  Report this comment
- loriann12
  Posted on October 9, 2012 at 6:45am
  O (and I’ve started saying Zero instead of OH) WANTS those jobs to go overseas. It’s part of his spread the wealth program. You didn’t think he meant spread the wealth for America’s richest to America’s poorest, did you? He meant spread the wealth from America to other countries that are poorer than America is. Remember, he grew up in Indonesia (and I know, I keep harping on this – during the mass killings of communists) and his book states that his mother liked Indonesia BECAUSE it was a third world country.
  
  Report this comment
- RJJinGadsden
  Posted on October 9, 2012 at 7:24am
  Read some Karl Marx sometime. His initiative was to use socialistic along with many other tactics to destroy the middle class. His theories were that there can only be one class, and that this is the pathway to Communism. 0bama and minions preach they are here to help the middle class, but have any of you actually seen anything actually done that helps or protects the middle class?
  
  Report this comment
- lonwarner2
  Posted on October 9, 2012 at 7:29am
  I can tell you right now, I’m depending on him to lose this election!
  
  Report this comment
- mikem1969
  Posted on October 9, 2012 at 8:44am
  Matt, enough said.
  
  Report this comment
- N37BU6
  Posted on October 9, 2012 at 9:23am
  This reminds me of something from Obama’s book:
  
  “It is this world, a world where cruise ships throw away more food in a day than most residents of Port-au-Prince see in a year, where white folks’ greed runs a world in need, apartheid in one hemisphere, apathy in another hemisphere…That’s the world! On which hope sits!”
  
  Report this comment
- Al J Zira
  Posted on October 9, 2012 at 9:59am
  @N37BU6: Wow! That about sums it all up. Great post and can be used to answer the comments by the libs that come on here and try to mount an argument.
  
  Report this comment
- ambrosia
  Posted on October 9, 2012 at 10:05am
  Whoa!
  Go Stephanie, GO !
  
  What a gutsy girl…what a trooper for America !
  
  While Oblameo is still squeezing American balls-
  let’s build him a farewell dinghy,
  that will carry him & his fat-azzed wife,
  as “SnoopPity-Poopity-Dogg declared her, back to obscurity !
  
  Report this comment
- Leader1776
  Posted on October 9, 2012 at 10:11am
  @loriann12
  Absolutely. And so many have either refused to consider this or argue that it isn’t true. Again, his actions are quite telling. His words about strengthening middle class always puzzled me as his tactics/strategies are intended to destroy it.
  
  Report this comment
- George
  Posted on October 9, 2012 at 10:36am
  Obama will lose this election, not in a landslide, but in a volcanically explosive reputation of all of his lies and empty promises.
  
  He will be humiliated before the ballot box.
  
  Don’t doubt me.
  
  Report this comment
- Mathchopper
  Posted on October 9, 2012 at 11:22am
  Is this the FIRST comment to this piece? If so, no other comments are necessary. Our mooselem-in-chief wants to destroy the country he hates.
  
  Report this comment
- turkey13
  Posted on October 9, 2012 at 12:16pm
  These ship builders gave the president the middle finger! All they had to do was make a pack with the Unions. The president would have gave some of that 90 Billion Green energy money if they had worked with the union and installed Electric motors and hung Solor panels down the sides of the ships and a big one on top from front to back.
  
  Report this comment
- kenboo1
  Posted on October 9, 2012 at 1:02pm
  I don’t no nuffin about no job, gi me my Obama pho, foo… i gots rites!!!
  
  We are doomed unless we unload or educate these idiots…
  
  Report this comment
- JRook
  Posted on October 9, 2012 at 1:25pm
  Ah so we like government backed financing when we can spin something against the PRESIDENT. If cruise ships were such good investments and had a solid business model they should be able to obtain private financing. So we don’t like federal financing assistance to help the auto industry and save millions of jobs, but we like federal financing to help non-essential ventures like cruise ships. Just want to understand the logic here.
  
  Report this comment
- bigpew
  Posted on October 9, 2012 at 1:49pm
  jrook; it’s not a matter of financing, the cruise line companies have the money to buy these ships from a foreign country, it a matter of regulations that won’t allow them to be built here.
  
  Report this comment
- desertspeaks
  Posted on October 9, 2012 at 1:55pm
  the only job this less than worthless pos obama wants to save is his own! that’s it!!!
  
  Report this comment
- kenboo1
  Posted on October 9, 2012 at 2:35pm
  JRook –
  
  There is a difference – Im sure you wont be able to follow this but here goes… the GM bail out was done illegally. Why I say that is – Bond holders (they have a priority claim over stock holders) yet some how they were coerced to drop their claim… This was done to payback auto worker Unions for financially supporting the BHO’s campaign. Had GM and Chrysler used the Bankruptcy court to nullify the union contracts (tactic used by the airline industry all the time) in order to hit the reset button. Doing so would have been bad for the unions, but would have allowed contract renegotiation and GM to rebuild with a viable business model. Unless GM and the union don’t adjust or reset, GM is going to be bound for failure unless business picks up…
  
  Fast forward to the Cruise ship market… Can you name an American Cruise line? Not one!!! Can you name the country that purchases the majority of Cruises offered by off shore corporations like Royal Caribbean?? The United States!!! Stephanie Gallagher and World City America Inc. has already invested 60 million designing a ship. They aren’t asking for the special 65 billion like GM, they are simply asking to participate in a program designated by Title XI (a law on the books) But is being blocked by guess who: Barack Hussein Obama. mmm mmm mmm!!
  
  Report this comment
- Jim in Houston
  Posted on October 9, 2012 at 2:43pm
  Nailed it!
  
  Report this comment
- chingachgook
  Posted on October 9, 2012 at 3:44pm
  when is the rest of the country going to realize that all this is purposeful?
  
  Report this comment
- Tom K
  Posted on October 9, 2012 at 3:53pm
  @ MATTM079 : You are correct. ANYTHING that would be positive for the American Economy and American Workers will be shot down like an Iranian Drone. Obama’s Plan to turn America into a Third World Country is working TOO WELL. He must be Fired this November.
  
  Report this comment
- bdsconserv
  Posted on October 9, 2012 at 4:09pm
  good letter,she sounds like a true american.i’m glad the letter has been made public.
  
  Report this comment
- AvengerK
  Posted on October 9, 2012 at 4:31pm
  UNIONS Mr Gallagher…UNIONS are why Mr Obama has screwed you.
  
  Report this comment
- oldguy77
  Posted on October 9, 2012 at 4:39pm
  She can expect a visit shortly from the IRS and an audit of the last five years of her tax returns.Bet on it.
  
  Report this comment
- cbrown
  Posted on October 9, 2012 at 5:43pm
  Gimme a break!! Why should the US government guarantee loans for a privately owned cruise-ship? Do you want our government to pick winners and looser? No govt agency is stopping her from getting financing on her own.
  
  Report this comment
- AvengerK
  Posted on October 9, 2012 at 6:23pm
  JCROOK..if only the world was as simple as you.
  
  Do you know why electric car battery company Compact Power/LG Chem is putting workers on furlough champ? Because they make batteries for Obama’s Chevy Volt..and the Volt isn’t selling.
  
  Let’s run through one of Romney’s “lies” last week shall we CROOK? Obama threw $90billion of tax payer money at “green” companies like Solyndra, Fisker, Ener 1 (lo and behold another electric car battery company)…and all have either shuttered their business or are in bankruptcy or reducing worker numbers. Please tell me where Romney lied there champ.
  
  You really have the nerve to attempt to criticize subsidizing a legitmate enterprise like ship building where the demand is actually there for the business (unlike these “green” companies of Obama’s)? You cretin no wonder you’re an Obama supporter..you’re a complete imbecile.
  
  Report this comment
- kenboo1
  Posted on October 9, 2012 at 7:42pm
  chingachgook – the first week in November I feel a steam roller coming…
  
  Report this comment
- dmerwin
  Posted on October 10, 2012 at 9:14pm
  To mister cruise ship,
  Touche’, well said brother.
  
  Report this comment
- GlennHangsALittleLeftForMe
  Posted on October 22, 2012 at 6:49am
  Zero’s motives are always clear and that is both to help him and his cronies and to put it to our country. It probably is about the unions.
  
  However, if you look into Title XI MARAD, you will find that it has lost a lot of money on these guarantees. The audit shows a lot of problems it how it manages these deals. Just a good example of our government at work.
  BIGPEW, Title XI is all about the funding and only about government guarantees, not regulations.
  
  I have to agree with CBROWN, our government shouldn’t be doing this. Private funding is the way to go, here.
  
  Title XI is about picking winners and losers and is simply non-constitutional. The Constitution defines limited government and, if we are ever going to get back to where the Federal Government should be, we have to live within those limits. That is going to be best for everyone.
  
  Report this comment
South Philly Boy
Posted on October 8, 2012 at 11:01pm
obummer would care less if it was a ROW BOAT

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- jaws810
  Posted on October 9, 2012 at 6:17am
  Actually he would probably care more, rowboats are green. LOL
  
  Report this comment
- skiz
  Posted on October 9, 2012 at 8:32am
  He doesnt care about GREEN.
  
  Report this comment
- randy
  Posted on October 9, 2012 at 9:34am
  The only green Obama and the rest of the democrats care about is how much of the green stuff they can steal from US citizens!
  
  Report this comment
- johnpaulkuchtajr
  Posted on October 9, 2012 at 11:16am
  Gallagher’s letter could have been written by any small business executive from any industry across the USA.
  
  If the Liar-in-Chief rejects the Keystone Pipeline and in that same year, 2011, imports from Saudi grow by an astounding TWENTY PERCENT, can’t you just see those credit card-based donations to Obama’s campaign just flowing in from folks whose names sound middle eastern?
  
  If Obama carries 2 billion of our tax dollars to Brazil to allow them to invest in deepwater drilling, how much of that came back to the Obama reelection campaign? Five percent, ten percent?
  
  How much does Hamid Karzi “tithe” to the Obama campaign to perpetuate Karzi’s corrupt regime?
  
  Just follow the money and vote like your country is depending on you because they are!
  
  Report this comment
TreeTrimmerJim
Posted on October 8, 2012 at 10:47pm
“A nation which does not remember what it was yesterday, does not know what it is today, nor what it is trying to do. We are trying to do a futile thing if we do not know where we came from or what we have been about.” ~ President Woodrow Wilson, 1913, while segregating the federal government, armed services and Post Office.

Obama can not explain the process of growing the nation’s economy, therefore he has no clue what is attempting to do. To paraphrase W. Edwards Deming

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- pudssweetie
  Posted on October 9, 2012 at 4:42pm
  @ENCINOM and VEROFREASON,
  Try reading this and learn something instead of trying to act like you know everything.
  
  http://www.marad.dot.gov/ships_shipping_landing_page/title_xi_home/title_xi_home.htm
  
  Report this comment
Verceofreason
Posted on October 8, 2012 at 10:43pm
SO these aren’t Obama’s policies.
They are already in place and she’s upset he’s done nothing to change them?
Like that’s all that’s on his plate?
Cruise ships?

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- FreeUlysses
  Posted on October 8, 2012 at 10:59pm
  VerceofReason – He’s the one that said Jobs/Economy was his top focus, and he swore to us he’d improve things. In that situation, yes, doing nothing can be considered a failure of leadership.
  
  Report this comment
- encinom
  Posted on October 8, 2012 at 11:06pm
  Of course, the Blaze will offer only the most one sided, partisan view of the facts. Like the fact, the issue is that US requires a higher level of safety regs. be met. So, the CEO is arguing for the US to lower standards.
  
  Report this comment
- Madison2012
  Posted on October 8, 2012 at 11:07pm
  Try reading the article again. Obama is blocking the use of Title XI ship building financing for American cruise ships. Another case of picking winners and losers regardless if it costs jobs.
  
  Report this comment
- 13th Imam
  Posted on October 8, 2012 at 11:17pm
  These two dolts would and do make excuses if Barry strangled a child on live TV. Anything is OK to these DEMOCRAT apologists.
  
  Report this comment
- fdraiden
  Posted on October 8, 2012 at 11:34pm
  I hope someday all you liberal dumbasses get bit in the **** by Obummer’s policies!
  
  Report this comment
- santababy52
  Posted on October 8, 2012 at 11:37pm
  Obama can add this to his growing list of cutting business growth and thus job opportunities in order to shut down the economy so the sheeple come running to him, ie; the government for rescue. He only understands the collective and those that order the collective’s lives and we all know who he expects that person to be, him and his thugs from Chicago.
  
  Report this comment
- scott_nicholson
  Posted on October 8, 2012 at 11:59pm
  Why would taxpayers be providing financing for cruise ships? No wonder this country is running deficits. Building cruise ships has nothing to do with national security or any other national interest. This used car saleswoman is just like those sports team guys who want taxpayers to build them stadiums. They want to socialize risk & privatize profit.
  
  Great job, Blaze. You bunch of one-sided nuts!
  
  Report this comment
- MerchantMariner
  Posted on October 9, 2012 at 12:48am
  @scott_nicholson, Title XI is not a loan program. It’s a loan guarantee program.
  
  Report this comment
- phil1765
  Posted on October 9, 2012 at 2:12am
  Verceofreason
  Moron did you not read the article? It said that the Obama administration moved to put in regulations that make it impossible to get long term financing under title XI which makes it possible to build something as massive as a cruise ship. Where in the hell do you get that this story has nothing to do with Oblameo’s policies. Hit that bong up again *******, and try rereading the article without those obama colored glasses on.
  
  Report this comment
- orangetom1999
  Posted on October 9, 2012 at 7:28am
  VerseofReason,
  
  “SO these aren‘t Obama’s policies.
  They are already in place and she‘s upset he’s done nothing to change them?
  Like that‘s all that’s on his plate?
  Cruise ships?”
  
  The person quoted in the article is talking about jobs all across the spectrum from the Shipbuilding industry to the hotel side of the industry.
  
  While we are at it. Where does Obama take his vacations…not on luxury cruise ships because of the security vulnerabilities..but does he take his vacations in the inexpensive places the rest of us are forced to do by changing economic conditions or does he take his vacations in the most expensive places possible with complete entourage??
  
  Do you think the rest of us have not figured this out for ourselves?? Do you and Encinom suffer from the same tunnel vision and thinking??
  
  Encinom,
  
  No one here is talking about lowering standards. I did not see that in the article. From where in the article are you making this assumption??
  
  I agree with what Stephanie Gallagher states about jobs all across the spectrum being shut out by government.
  
  Report this comment
- RJJinGadsden
  Posted on October 9, 2012 at 7:44am
  ENCINOM, “Title XI Federal Ship Financing Program” is just as it states what it is in it’s title. The program is being used to bash the manufacture of these ships, and it does not apply strictly to CRUISE SHIPS VERCEOFREASON. I suppose that if either of you pulled your heads out of your fourth point of contact and did some research, we probably wouldn’t have such entertaining posts to laugh at around here. While a bit irritating, you two do provide some comedy relief.
  http://www.marad.dot.gov/ships_shipping_landing_page/title_xi_home/title_xi_home.htm
  
  Report this comment
- HKS
  Posted on October 9, 2012 at 8:33am
  Like Obama care was more important than jobs, right.
  
  Report this comment
- 1956
  Posted on October 9, 2012 at 8:35am
  We would all be better served with fools like VERCE and ENCINOM to heed the following:
  
  Proverbs 23:9 NIV
  
  Do not speak to a fool, for he will scorn the wisdom of your words.
  
  Report this comment
- Out of the Ashes
  Posted on October 9, 2012 at 8:55am
  They are his policies, he is president. He is a job killer. Maybe if she dropped a couple of million in his coffer she would get the loan guarantees. Why give huge money to a start up company like Solyndra and not to an established cruise line?
  
  Report this comment
- Ted H
  Posted on October 9, 2012 at 9:28am
  Are you trying to say, the President did not sign “Dodd/Frank” into legislation? That he did not have the option to oppose it? So he has been here as the President for 4 years (but really wasn’t here)? This is the President that is resonsible for nothing? Please recall: The law was initially proposed by the Obama Administration in June 2009, when the White House sent a series of proposed bills to Congress. A version of the legislation was introduced in the House in July 2009. On December 2, 2009, revised versions were introduced in the House of Representatives by Financial Services Committee Chairman Barney Frank, and in the Senate Banking Committee by Chairman Chris Dodd. Due to their involvement with the bill, the conference committee that reported on June 25, 2010 voted to name the bill after the two members of Congress- Gee how can the President possibly be connected?????????
  
  Report this comment
- OneTermPresident
  Posted on October 9, 2012 at 9:39am
  @VERCEOFREASON.. What the hell are you talking about? These are Obama’s regulations against US business and his socialist attempt to regulate them to what see’s as a level the playing field whether it cost’s America jobs or not. She’s not taking Bush to task for it.. ya dope. The guy is Regulation King! Only an outright idiot would even consider voting for him at this point. He’s been focused like a laser on Jobs, Jobs, Jobs… right!!!
  
  Report this comment
- DontStopBelieving
  Posted on October 9, 2012 at 10:05am
  Is anyone surprised at the libs on this site who don’t bother to read the article then go ahead and defend HUSSEIN and make stupid comments based on their total lack of comprehension? And we wonder why the country is in the shape it’s in.
  
  Report this comment
- Mr. Smarty
  Posted on October 9, 2012 at 10:47am
  What has been on Obama’s plate since his election has been fundraising, golfing, hanging out with the rich and famous, vacationing in exclusive places, apologizing to world leaders that hate us for America’s history, helping to replace Mid East and North African leaders with radical Islamists, furthering the radical Black Power agenda through his “Justice” Department, pouring millions of dollars into electric car production and rebates (that few people want), giving billions of dollars and incentives to “Green Energy” companies that quickly go bankrupt, covering up for the culpability of the US Government’s “Fast And Furious” operation that has resulted in hundreds of deaths in Mexico and the deaths of possibly three US agents, saying “you can’t go to Vegas” early on and then raking in millions fundraising there, blaming Bush for his failures, proposing budgets that even Senate Democrats reject, demonizing people in “Flyover Country” by calling them “people who cling to Bibles and guns”, sermonizing against wall street types and big banks while taking in millions of dollars in campaign contributions from them. Saying “your energy bills will necessarily skyrocket” and the making sure it is happening, and elevating lying, denying, blaming, and obfuscating to a whole new level.
  
  Report this comment
- stablepar
  Posted on October 9, 2012 at 11:35am
  nothing like the voiceoftreason
  
  Report this comment
R0bespierre
Posted on October 8, 2012 at 10:38pm
“the Obama administration reportedly moved to prevent American cruise liners from being eligible to get the long-term financing under Title XI that make building something as massive as a cruise ship possible.”

So a company can no longer receive subsidized loans to buy stuff with? So the government is no longer interfering with the free market by giving favorable handouts, and instead choosing to save, and not spend, their money?

The Blaze’s problem with this is what, exactly? De-regulation and regulation cannot BOTH be government overstepping its bounds.

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- Borrys
  Posted on October 8, 2012 at 10:57pm
  Google FTW, see below. It’s a federally guaranteed loan, not a subsidized loan.
  
  Title XI Federal Ship Financing Program
  
  The Federal Ship Financing Program provides for a full faith and credit guarantee by the United States Government to promote the growth and modernization of the U.S. merchant marine and U.S. shipyards.
  
  The program, established pursuant to 46 USC Chapter 537, provides for a full faith and credit guarantee by the U.S. Government of debt obligations issued by (1) U.S. or foreign shipowners for the purpose of financing or refinancing either U.S. flag vessels or eligible export vessels constructed, reconstructed or reconditioned in U.S. shipyards and (2) U.S. shipyards for the purpose of financing advanced shipbuilding technology and modern shipbuilding technology of a privately owned general shipyard facility located in the U.S. The Program is administered by the Secretary of Transportation acting by and through the Maritime Administrator. Under the Federal Credit Reform Act of 1990, appropriations to cover the estimated costs of a project must be obtained prior to the issuance of any approvals for Title XI financing.
  
  Report this comment
- Borrys
  Posted on October 8, 2012 at 11:00pm
  It’s not a subsidized loan, it’s a federally guaranteed loan.
  
  Try google before posting nonsense.
  
  Report this comment
- Exrepublisheep
  Posted on October 8, 2012 at 11:09pm
  Federally guaranteed loan then. The company can’t do it without the Govt. R0BESPIERRE is on the right track.
  
  Report this comment
- beekeeper
  Posted on October 9, 2012 at 1:54am
  @Exrepublisheep wrote:”Federally guaranteed loan then. The company can’t do it without the Govt. R0BESPIERRE is on the right track”
  
  You miss the two crucial parts of the story – these are guaranteed loans that have always been paid by the borrower, costing the US Gov’t *NOTHING* and these companies can and do build these ships “without the Gov’t” – they build them overseas, using foreign labor and materials, and pay no taxes into the US Gov’t for the vessel…
  
  See, if the Gov;t would stand behind the project (like other gov’ts do), the jobs would be here, in America,not overseas… How much has the federal gov’t paid for these loan guarantees in the past when the deal went sideways? Answer – NOTHING. How many jobs will this policy create in America? NONE..
  
  Report this comment
- nzkiwi
  Posted on October 9, 2012 at 3:12am
  Our leftwing commenters don’t really seem to understand finance, do they.
  
  They prefer handouts, it seems, and don’t realise that this company will inject an enormous amount of money into the local economy without any need to bludge off the taxpayer.
  
  It makes one wonder if they understand fiscal basics, or even if they can read.
  
  Or perhaps they are just irritated that they will never get to ride on a cruise ship and, in their envy, are happy to have the thousands of working Americans, who would benefit from such a project, go without.
  
  Report this comment
- factum-non-orare
  Posted on October 9, 2012 at 3:47am
  The problem is once you distort the free market, you just can’t then stop and say I’m no longer distorting it. The laws of unintended consequences!
  
  Action not words
  
  Report this comment
- Fla.Patriot
  Posted on October 9, 2012 at 4:16am
  @Scott Nicholson
  Got a bit of a reading comprehension problem there Scott. States very clearly that the Long term loan guarantee program does’nt cost the taxpayers anything. This is just another way to ensure that American companies will continue to outsource to other countries due to this administrations hostillity towards business. What can you expect from a President who has never actually had a real job?
  
  Report this comment
- Ted H
  Posted on October 9, 2012 at 1:54pm
  What kind of stupidity are you talking about. In case your wondering, bank loans are a private industry (not government). By the government interference prohibiting the cruise industry from obtaining a loan in the USA, they simply go somewhere else along with jobs, an support industries. So this legislation in essence is driving money and jobs elsewhere. In otherwords, exporting jobs! If you think an cuise line like Royal Carribean is asking for a handout like GM, your mistaken. If libs keep attacking businsess, we will have so many unemployed that all of these community organizers may lose their jobs. Gee, that would be bad wouldn’t it?
  
  Report this comment
- Tom Ballard
  Posted on October 9, 2012 at 4:49pm
  HOW about solar panels ?
  
  Report this comment
wisehiney
Posted on October 8, 2012 at 10:31pm
Betcha Stephanie is a democrat. See what you get?

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wordsofwisdom
Posted on October 8, 2012 at 10:30pm
This is another example of this administration doing every thing they can to bring us to our knees for some twisted reasons only they really know for sure. This song helps me get through the day & gives me hope for change. It’s called “Ode to Obama” http://www.reverbnation.com/open_graph/song/13541875

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KangarooJack
Posted on October 8, 2012 at 10:30pm
Just listen to us?
Just listen.

I’m right there also. It’s anger. It’s righteous too.

This person, in less than 4yrs., has messed this Country up, DIVIDED US up, more than ANY other President I’ve lived to see.

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gyro
Posted on October 8, 2012 at 10:30pm
No Obama vacations on that line I would think!

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ONE PERCENT
Posted on October 8, 2012 at 10:25pm
Again, we are seeing the results of ideas from people who never worked a day in their life, everything is a concept, not a reality. These people, including BO, probably never balance a checkbook or made a payroll, but sure as he%# think they know better than the rest of us…

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TRILO
Posted on October 8, 2012 at 10:25pm
Why is the federal government in the business of guaranteeing loans for private ship builders in the first place? This is what banks and venture capital firms are for. I am sorry if people will not have the jobs but I have to agree. Every government loan guarantee, loan or “investment” requires the American taxpayer to pay for it with their hard earned tax dollars.

If we are ever going to get the budget in order these types of things will have to be eliminated at the federal government level. If it is such a great program, let the states that have shipyards and cruise ship ports back the loan guarantee. Good programs, bad programs they all cost money that we do not have. Besides, there is nothing in the Constitution that gives the federal government the authority to guarantee private loans for private companies. What is the difference of putting the money up for a “green” energy firm, the auto industry, student loans or a cruise ship?

Sorry but the federal government is BROKE. Businesses and people need to wean themselves off the government teet. The free lunch is just about over.

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- 308forfreedom
  Posted on October 9, 2012 at 12:51am
  I agree, well put.
  
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- Zipit
  Posted on October 9, 2012 at 8:48am
  TRILO, & 308! ” What’s the difference of putting the money up for a “green” energy firm, the auto industry, student loans or a cruise ship?
  
  The difference is, you ask, taxpayer money, “big money”, was and is “GIVEN” to green energy firms, much of which has been defaulted on, and therefore not recoverable! “Bigger money”, was “GIVEN” to the auto industry with much the same result, a loss to the taxpayer!!! Student loans, HMM! Let me see, wasn’t that program completely taken over by the govt?
  
  Building one of these multi billion dollar ships is (as the story states), a massive project, and while the ship itself is not built in the US, the economic benefits to the economy are far reaching, without the direct use or loss of our taxpayer dollars!
  
  So, while I do agree with much of what you say, there is a big difference between the promotion of an industry in this case, versus the picking and choosing wich businesses will benefit from a government handout! And ultimately, the worst thing that could happen to the student loan program, is a takeover by our inept government!!!
  
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notforreal
Posted on October 8, 2012 at 10:25pm
The Keystone pipeline would’ve created a lot of high-paying jobs too but no–we can’t do that! No, that might help the economy.

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- KOseekingtruth
  Posted on October 9, 2012 at 3:37am
  Yes and the pipeline is on hold again this time for a Beetle, The crazies have been brainwashed totally upside down! Does anyone have ANY COMMON SENSE LEFT? People before bugs. Let the bugs “evolve”(lol) or die and build the pipeline and get some relief to the humans. I’m sorry I got off topic but seeing as Gas here is nearly $5(regular)$6(diesel) a gallon I’ve lost my cool.
  
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phineas
Posted on October 8, 2012 at 10:22pm
how could anyone in their right mind even consider voting for this dipsh*t again!?!?! oh, i answered my own question…right mind…

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- Exrepublisheep
  Posted on October 8, 2012 at 10:31pm
  What happened to the free market? Why would this guy put up a fuss because the Pres wouldn’t issue loan guarantees to his company? If his company isn’t strong enough to survive on it’s own it should just fail on it’s own. Don’t start replying it’s about jobs…Remember the comments about G.M.
  
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- asybot12
  Posted on October 9, 2012 at 3:26am
  @exrep I think it was a lady that complained.
  
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blackyb
Posted on October 8, 2012 at 10:22pm
The Federal prison in Northern Virgina would be closer for him.

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blackyb
Posted on October 8, 2012 at 10:19pm
I did read the other night that Obama is hiding the fact that he is the son of Malcolm X, so that is supposed to be why he is hiding his pedigree (ha.) Who knows, he looks a lot more like Malcolm X than he does those two loons he is (one or the other) supposed to be fathered by. Some woman who knew his mother in NY swears by this. She knew Stanley Ann Dunham quite well.
For all I know he was hatched by a large chicken.

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- Eggcellent
  Posted on October 10, 2012 at 11:31am
  BlackyB, I do believe that you have uncovered the BIGGEST SCANDAL YET in this horrid Administration!!! Obviously, Obama’s REAL Father is………(drum roll)…..BIG BIRD!!!!!!
  
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cloudmcrain
Posted on October 8, 2012 at 10:16pm
I truely believe Obama is trying to destroy our country. When are the American people going to start taking personal responsibility again and tell politicians to get out of the way of capitalism!?! It works!

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- KingCanon
  Posted on October 8, 2012 at 10:23pm
  The reason he always looks comfortable is because he is doing his job. It’s that simple. No leader in their right mind would take so much time in leisure if he or she wasn’t sure the job was being handled par excellence.
  
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DesdemonasCrew
Posted on October 8, 2012 at 10:16pm
History will paint this moron president as an enemy of the country and all that we stand for. It’s not race, it is ideology. Look at the history of his ideology…mother, father, mentor, Ayres, Rezcoe (sp?), Wright.

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- TyrannyNoMore
  Posted on October 8, 2012 at 11:24pm
  They were and are devout communists, one and all !
  
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blackyb
Posted on October 8, 2012 at 10:15pm
Obama is jealous, just like his (fathers? He does look a lot like Malcolm X too.) of America. He does wake up every morning and thinks of ways to destroy this country, aided by his handlers. He gets his directions from people who are controlling the agenda. He is just in a position to implement it.

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cessna152
Posted on October 8, 2012 at 10:09pm
Maybe Air Force one needs to be a ship

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- Darmok and Jalad at Tanagra
  Posted on October 8, 2012 at 10:20pm
  Maybe a garbage barge?
  
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- RJJinGadsden
  Posted on October 9, 2012 at 7:52am
  I would think that once all of the slobbering press boards, it should be called Scow One.
  
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Hiswill
Posted on October 8, 2012 at 10:09pm
Didn’t Obama say he was going to “laser in on unemployment” and then didn’t even meet with his handpicked jobs council for over 6 months? Obama, talks and talks and talks, but no good actions seem to follow. I wish more CEOs would write these kinds of letters and publish them in the major papers.

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- kaydeebeau
  Posted on October 8, 2012 at 10:21pm
  As Mr Romney reminded everyone today – hope is nice but it isn’t a stategy
  
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KingCanon
Posted on October 8, 2012 at 10:08pm
Slowly chipping away at the US of A and half of the country is to blind to recognize this President’s goals. Free phones, food stamps, housing, and utilities have turned human beings into animals without souls. May God have mercy on the rest of us!

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jblovesAmerica
Posted on October 8, 2012 at 10:08pm
Over the last 3+ years, Obama has shown he does not want Americans working.
This example is one of many-my biggest baffler is the private plane manufacturer-Gulf Stream.
Putting together high end planes creates plenty of high paying jobs.
Gulf Stream, based in Savannah is building a $500 million plant expansion.
Has an order for $6 Billion worth of new planes and Obama-takes every waking minute to beat up on private planes.
The Pipeline-NASA-and the latest military vendors.
What is this man thinking?
You decide come November.

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Salamander
Posted on October 8, 2012 at 10:05pm
Wait until they figure out who ‘the rich’ people are! Obama must have had a barren early life–he obviously NEVER HEARD the parable about THE GOOSE THAT LAID THE GOLDEN EGGS! As far as I’m concerned, he can just line up in the unemployment line in January, like most of the rest of the U.S. workforce! He better get his reservation in for an ‘Obamaphone’ before they run out!

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- blackyb
  Posted on October 8, 2012 at 10:21pm
  He will be in Fort Leavenworth or some Federal prison when it hits the fan.
  
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chicago76
Posted on October 8, 2012 at 10:04pm
Talking to an empty chair. Oh where oh where has Barry gone oh where oh where could he be? We have looked for him for 4 years now, oh where oh where could he be?

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- DontStopBelieving
  Posted on October 9, 2012 at 10:12am
  LOL, try looking on a golf course!
  
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Watermain
Posted on October 8, 2012 at 10:00pm
Well Mr. Obama here is something else you will be able to say “You didn’t build that” about. But, this time we could have built it, but in your insane desire to make America a third world country you have stopped another incredible opportunity in its tracks. Nice going.

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- SUNTZU
  Posted on October 8, 2012 at 10:08pm
  Does not fit into plan to bankrupt America.SORRY
  
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- Darmok and Jalad at Tanagra
  Posted on October 8, 2012 at 10:21pm
  Moochelle doesn’t like cruises, so it doesn’t affect him.
  
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