According to World City America Inc., the Finnish government has agreed to finance a third Royal Caribbean cruise ship while the Obama Administration dictates that the American economy and American jobs will be preempted from competing in this US-driven market. World City advises that the US Maritime Administration has arbitrarily dictated that the nation’s ship financing program cannot be used to build cruise ships despite the fact that the cruise sector is the only segment of the international shipping industry that has consistently done well, year after year, for decades.
Stephanie Gallagher, President of World City America Inc., which
company has spent decades and over $60 million trying to capture a fair
share of this US-passenger-dependent industry, claims that the Obama
Administration has not only “missed the boat” of American opportunity to
create and sustain thousands of new jobs and billions in new tax
revenues, at no cost to the taxpayer, and with only managed risk, but
that President Obama has gone further and dictated that the nations’
ship financing program will not be used to access this huge market.
“It’s a shot in the head,” claims Gallagher. “The Obama Administration,
not unlike prior administrations, has enjoyed the foreign-flag cruise
lobby largesse and largely ignored the fact that this
US-passenger-dependent industry competes with US hotels, resorts,
casinos, and other hospitality organizations without having to pay taxes
or hire Americans.” (Continues)