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Subscribe to RSSCHARLOTTE, N.C. -- Standing in a factory here in a pivotal swing state, presumptive Republican nominee Mitt Romney made the case that American manufacturing is on the brink of a comeback, but made no mention of the $2 billion loss by one of Wall Street's most recognizable banks.
"We're on the verge of a manufacturing resurgence in this country," Romney said to a packed gathered at Charlotte Pipe and Foundry Company. "Jobs are going to come back with the right guidance."
While the former Massachusetts governor spoke to an enthusiastic crowd of mixed with supporters and blue-collar workers, he did not address news of a surprise $2 billion trading loss by a division of JPMorgan Chase. Though on a much smaller scale, the hit taken by the banking giant has drawn comparisons the 2008 Wall Street collapse and renewed talks of the need for regulation by some lawmakers.
But Romney's focus on Friday remained on making the case that President Obama has failed to develop alternative forms of energy, engages in class warfare, and has "scared the dickens" out of banks and insurance companies.
"One of the things I object to the most of the president's policies...is to watch the president engage in this divisiveness, this pitting of one American against another American," he said.
The company where he spoke has gone 30 years without layoffs, and served as an example of the type of manufacturing boom a Romney presidency hopes to achieve.
Some of the candidate's biggest applause lines came when he promised that one of his first executive orders would be that union and non-union workers can work on federal projects and "clamping down on cheaters like China when they take away American jobs."
North Carolina is predicted to be a pivotal swing state in the general election, with the winner here getting a significant boost in their chances of taking the White House.
"I'm counting on North Carolina next November to help us take the country back," Romney said as he took the stage after an introduction from North Carolina Sen. Richard Burr.
Tomorrow, Romney heads to another pivotal swing state to deliver the commencement address at Liberty University in Lynchburg, VA.
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First Read: Mitt Romney made the case that American manufacturing is on the brink of a comeback, but made no mention of the $2 billion loss by one of Wall Street's most recognizable banks?
How much more evidence does one need to see Romney is out-of touch?
Nevermind, here's why Rob-mey avoided the 2 billion dollar loss.
The New Wall Street Scandal Threatens Romney
It could cement Romney’s reputation for coziness with Wall Street.
http://tpmdc.talkingpointsmemo.com/2012/05/romney-volcker-dodd-frank-jp-morgan-wall-street.php
Yes we are on the verge of a manufacturing resurgence - which Romney and the GOP had NOTHING to do with.
I wonder if Willard Romney will be taking a visit to the various plants his company forced to shut down during his Bain days. Or the ones where he shipped the jobs overseas. Maybe he'll tell the workers that now as president, he'll work to punish the Chinese for all the jobs he shipped over there.
In Southern Indiana, Cummins Engine is making a major company expansion and also Valeo (auto headlights). All this without the help of Mitt Romney. Of course, if he's elected president, he'll take all the credit.
Romney to the American people: I just want to congratulate myself for all my success. Of course success is making a lot of money, my friends, and that is all that matters. Anyone who thinks otherwise is just envious. I will also take credit for everything positive that has happened, is happening, and has yet to happen.
And naturally the president is to blame for everything negative. Most of all the president is divisive.
The president has started class warfare by expecting me to pay more than a 14% tax rate. Our good friends Newt and Calista will tell you poor kids should be school janitors and that will solve the tax problem.
The president has stated a war on religion. Whether labor laws, animal sacrifice, and most of all polygamy -- The government has no business making religions abide by the law.
The president has started a war on mommies. This is proved by the hundreds of bills across the nation on women's rights from equal pay to protection from violence and most of all abortion, contraception, and health care. We must stop this divisiveness now by ending Planned Parenthood, Roe v Wade, and
Romneycarethe ACA.(Riiight.)
I personally love this part of the article: "While the former Massachusetts governor spoke to an enthusiastic crowd of mixed with supporters and blue-collar workers..." It pretty clearly states that Romney supporters and blue-collar workers are two separate groups that do not mix. I'm guessing he showed up and they were given the choice to watch his speech, or work. The ones that didn't skip out and go to the bar were stuck listening to him babble on.
ohmyohmy - Obama did every chance he got. And when it doesn't go his way, he blames Bush.
manufacturing resurgence?
Thanks, President O'Bama!
ohmyohmy09 - and I am probably boring people by reposting this but I'm excited that GE is building 4 manufacturing facilities in the US and bringing back 70% of their production. When a company like GE or Cummins - begins manufacturing here again, it's a good thing.
And, no - it's not be cause of Romney!
I am going to vote for Romney next November but I will not vote for him come this November. What a Tool , Draft Dodger, stashing money overseas, has not had a job in 30 years, he brings nothing to the table but a CULT mentality
sez me u whacko, you've got your facts mixed up, it's OBAMA that hasn't had a real job.....ever. And while you're calling Romney a draft dodger, please tell us when Obama served in the military. Oh wait, he didn't and he and his lovely wife HATE our military. Now let's talk about the racist cult that the Obama's belonged to for over two decades, Rev. Wright's hate whitey, hate America cult.
Obama never went to Socialist France when there was a DRAFT on and your guy Mittens did, no moral compass, Obama hates the military so much he got Bin Laden and more Terrorists than Bush did, and has not killed Hundreds of Thousand of INNOCENT CIVILIANS Like Cheney and Bush, and Obama is a Christian so take the Tin foil hat off,Why are you still walking around with holes in your shoes
CEO,
Mitt dodged the draft when it was still in effect. The daft had been eliminated by the time President Obama was old enough to serve.
The proper question is – why didn’t Obama enlist.
Dennis, Columbus, Ohio - you mean there needs to be a draft to serve in the U.S. military? Since when? Face it, your military-hating Obama wouldn't DARE volunteer to serve his country. Some patriot! More like a coward.
Apparently he was too busy using large amounts of drugs, probably selling them too, and assaulting little black girls by his own admission. Quite a guy that Obama.
David,
[military-hating] Care to clarify because he has supported the military and especially. His military budgets are larger than under Bush - not that, that is a good thing.
Given your knowledge of the draft and military … On average, what percent of Americans were drafted during Vietnam and what percent of Americans volunteered since 2001? Or in the 1980’s when Obama would have been of age?
BTW I served 6 years during Vietnam, when did you serve?
Typical. Start the rheotoric (war), then wait for the counter attack, then blame the opposition for starting a war. Republicans have spent every bit of their crediblility and are running a huge deficit. Complete fools if the leadership does not think a majority of voters can not see through their unhonorable and unamerican political tactics. Phony to the bone.
To be fair. Obamas defense budget is also larger than Bush's
http://www.huffingtonpost.com/2012/05/09/pentagon-budget-house-obama-cuts_n_1502898.html
rockymtnroustabout
Excuse me! Who is running a deficit that is near the same in 3 years as his predecessor built in eight?
What has Romney ,or for that matter any Republican done to ensure that there will be jobs for the people that want them.To my recollection Bush killed them,the Republican Congress prevented them and the only thing the Republicans were worried about was abortion, screwing the poor and disenfranchised, and denying the rights for several groups of citizens.
NOW THEY WANT CREDIT FOR A RESURGANCE AND PEOPLE VOTE FOR THSES DIRT BAGS
"We're on the verge of a manufacturing resurgence in this country," Romney said to a packed gathered at Charlotte Pipe and Foundry Company. "Jobs are going to come back with the right guidance."
Actually, he's right. Some studies predict that US labor costs will be at 'parity' (competitive) with China in many industries - but only if we give US manufacturers a chance to compete by not burdening them with more mandated costs, tax increases and burdensome regulations.
"Some of the candidate's biggest applause lines came when he promised that one of his first executive orders would be that union and non-union workers can work on federal projects and "clamping down on cheaters like China when they take away American jobs." "
That will send shivers to the unions that have been gouging taxpayers for generations on public works projects.
"I'm counting on North Carolina next November to help us take the country back,"
Back to the Bush era.
More likely, back to Colonialism with a dose of slavery. At least they will have a new name for the Slave Trade Route, the "Atlantic Triangular Trade Route."
http://blog.sfgate.com/ybenjamin/2010/05/21/texas-approves-renaming-slave-trade-as-atlantic-triangular-trade/
Do you actually listen to yourselves? You really need to do something about all that bottled up hate and intolerance. Your statements are vile. Unable to get along with anybody that isn't exactly like you? Real bigots, eh? Isn't that contrary to what you preach? Hypocrites.
CEO2NV2 - the real hypocrites are wearing GOP clothing! Rompey is a big joke ... even his own party is not enthused with him. Ever wonder why? He is a bag of air in an expensive suit. If he's not reading from a teleprompter, he puts his golden foot in his silver spoon mouth! What a joke!
Good on ya CEO. GFY Loren and your polarizing/troll views. Most of us in the US want the best for our country rather than tow their own party line.
Based on your teleprompter comment, the same can be said of our president.
Talk about deflection. Now that is right out of the GOP Crisis Management 101 Handbook. Which President is he talking about? Sounds like he's talking about the Bush/Cheney policies...
I believe he's referring to the injection of social issues into a campaign that is, really, about the economy.
Obama can't run on the economy, so he keeps trying to distract people with idiocy- like the "war on women", or his personal views on equal marriage rights, or his opponent's high school days.
It ain't playing in Peoria. . .
Where do you get this thing you keep repeating, that "Obama can't run on the economy?" Have you looked around lately? Big rigs back on the road, as even Romney mentions in this article, manufacturing beginning to grow, GM on top again, two years of steady economic growth -- what world do YOU live in? If the GOP hadn't refused to allow a sufficient amount of stimulus as well as any jobs bill put before them, and hadn't made it their duty to rape and pillage public servants, we'd be thriving -- as it is, with layoffs in the public sector offsetting growth in the private sector, all the Repubs have to run on is their own record of destroying public sector jobs and obstructing jobs bills.
You ever look at the BLS data? No? Well, let me clue you-
Today, a full one and half million fewer people are employed than when Obama took office.
Today, the civilian labor force is down to 1981 levels.
Last month, while 115,000 jobs were "created", 169,000 more people were unemployed. 180,000 people entered the labor force- and 340,000 left the labor force. They hit the lottery or something?
And, no, before you ask, they did NOT retire. People of retirement age are not counted in the civilian labor force. Nor are those incarcerated or in the military service.
Kind of gives you a perspective on the record high poverty level, does it not? Well, maybe not, if you are a card carrying member of the Obama cult.
In order to have a normal recovery, the GDP graph would look like either a V- meaning, we hit bottom, and immediately bounced up, or a U- meaning, we stayed on the bottome for a couple of quarters, then bounced up.
What we've got here is an L- we hit bottom, and stayed there.
The GDP data announced for the first quarter was the initial number. That 2.2% growth is affected by other data that comes in later- thus, the revisions. One of the biggest revisions is imports- a subtraction from GDP. Given that the trade gap widened considerably, that will be a downward revision, bringing us back to one percent growth. Housing starts, (down), factory demand, (down), and other items that are subtractions are all trending badly.
As for the trucks you see on the roads- I've tried to explain on this board that getting you economics education from blog sites is a bad idea. First of all- if the stuff on those trucks is imported, it degrades GDP. Secondly, you have no way to evaluate the value of the stuff on those trucks. A truck carting around $150 dollars worth of styrofoam peanuts takes up the same road space as a truck fills with a hundred thousand dollars worth of American manufactured goods.
That's why you don't see the "freight rate" in the BEA data.
Keep pretending Obama has been anything but an economic disaster. It won't cushion the shock in November, but you'll have a couple of months of delusions to help you sleep nights.
[And, no, before you ask, they did NOT retire. People of retirement age are not counted in the civilian labor force. Nor are those incarcerated or in the military service.]
However when people retire early (under 66), are released from incarceration or discharged from their military service they are then included. There has been a 20% increase in early retirement over the last 4 years especially among the Public Sector workforce.
[What we've got here is an L- we hit bottom, and stayed there.]
That is because as related to the last significant recession in the 80’s we have 1/3 the manufacturing base and 1/3 the export business (when the US was the primary supplier to the world) making recovery much more difficult. It should be noted also that the economy growth in 2008 Q4 was at a negative 8.5%, much deeper than in the 80’s and almost at a depression level.
[Given that the trade gap widened considerably]
Could that be because our #1 customer, Europe, has invoked austerity measures and is sliding back into recession? Our GDP growth is better than the European Union which is, in some countries, going negative like England that is already back in recession.
[As for the trucks you see on the roads …]
However when the BLS shows (and Mitt Romney says) that the manufacturing industry is among the fastest growing sectors the trucking increase just might indicate that the recovery is getting stronger.
And all those positives is because Obama was smart enough to renew the Bush tax cuts.
Anybody ever figure out what their record is that the Republicans will run on this year? The Ryan Plan? Their refusal to compromise? Their principled stand against contraception?
It appears the plan is to take the democrats plans and solutions, slap a republican name on it, and call it their own idea - aka, Romney's claim that his ideas saved the auto industry.
Anybody see what Obama's plan is? Anyone..........anyone.......didn't think so. You all want to see what Romney's plan is, has Obama come out with one? Again, didn't think so.
Talk to the Hand- you don't mean to say that you actually believe that Jon Corzine's firm went belly up after he looted $1.6 billion in sequestered funds-or that JP Morgan Chase had a $2 billion loss this week?
Didn't you hear? Obama got the democrats to pass Dodd Frank! Those things don't happen anymore!
Right?
Gail E from GC
Anybody ever figure out what their record is that the Republicans will run on this year? The Ryan Plan? Their refusal to compromise? Their principled stand against contraception?
The republican plan will probably be to take all hose pipe dream special projects that Obama has funded and delay them until we can get back on our feet. Then they will deal with those entitlement programs that are going down the tubes and that the democrats have refused to deal with. Then after giving those evil corporations that you liberals finally get some confidence that the government is not going to regulate and tax them out of existence we will see employment come back up and revenues increase so we will have the cash to deal with our problems.
Liberty's choice of Romney leads to angry student response
By Laura Bernardini and Dan Merica, CNN
Washington (CNN) – Liberty University students and alumni are accusing the Christian school of violating its own teachings by asking Republican presidential candidate Mitt Romney, a member of the Church of Jesus Christ of Latter-day Saints whose adherents are called Mormons, to deliver its 2012 commencement address.
By Friday morning, more than 700 comments had been posted on the school's Facebook page about the Thursday announcement - a majority of them decidedly against the Chancellor Jerry Falwell Jr.'s invitation, citing that the school had taught them Mormonism isn't part of the Christian faith.
"I can't support Romney and I am happy I decided not to walk (in the commencement) this year," wrote student Josh Bergmann. "Liberty University should have gotten a Christian to speak not someone who practices a cult. Shame on you Liberty University."
Janet Loeffler, a 53-year-old freshman at Liberty, expressed her anger at the decision when contacted by CNN. She also sent a copy of the page of the freshman textbook "The Popular Encyclopedia of Apologetics" which includes the passage, "Mormon doctrine stands in stark contrast to Jewish and Christian monotheism, which teaches that there is only one true God and that every other 'God' is a false god."
Loeffler's daughter, Sarah Misch, 33, of Unionville, Virginia, who is also a student at the school said, "I am glad I am not graduating this year. I would not want to end my studies at a Christian university by being sent in to the world at commencement by a Mormon. We came to Liberty because of our faith in Jesus; not for political reasons."
Holly Stanton Morgan, another student, posted to Facebook, "I am glad that my husband and I won't be attending his commencement. Mormonism is not Christianity. My commencement is next year. Hopefully they choose more wisely."
The nation's largest evangelical denomination, the Southern Baptist Conference, lists the LDS Church as a cult. They specifically cite differences in theology surrounding salvation, baptism, belief in the Trinity, and marriage. A major sticking point between other Christian traditions and Mormons is the Book of Mormon, which Mormons believe is divinely inspired scripture and on par with the Bible. Other Christians do not recognize the Book of Mormon as scripture.
http://religion.blogs.cnn.com/2012/04/20/libertys-choice-of-romney-leads-to-angry-student-response/
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Truthfully I was a little hesitant to bring this up for discussion this morning. It deals with several subjects that I find personally abhorrent Religious Tolerance especially.
Now I don't care if you'll Yahoo's want to run the snake handling, speaking in tongues Preacher from the little Church down the road a piece for President. Naw I better take that back anybody that spends that much time around Snakes is bound to be about a quarter bubble off level although it might qualify him with some of the two legged snakes running for public office now days .How about we go with a one armed turban wearing Pashtun Dali Lama looking dude instead. I think that you get the point.
The Constitution says that there shall be no religious test for being President and I'll take old Tom Jefferson at his word that him and the Founding Fathers meant just that. Seems likely since old Tom was a Deist and he served a term himself.
It does however appear that the Folks down at Liberty University don't quite practice that kind of religious tolerance. You know that fine so called "Christian" Institution that old Jerry Falwell established down there in Lynchburg Va. that the late Rev. Falwell and his family and sycophants have been using for years to line their pockets and "educate" young men and women in the "proper' values and mores of society.
Now ever since Ronnie Raygun set old Falwell and his Moral Majority up as the arbiters of all that is Holy the Republican/T.P Party candidate has been expected to make a Pilgrimage every four years down to Lynchburg and kiss old Falwell's (guess it's Falwell II now unless that ceremony involves opening a casket) ring and to make nice with the Evangelicals for about 10 hours. 'Cept now there seems to be a Schism in Evangelical Land. See the good Rev. and his minions are all for making sure their money train don't jump the tracks. They'd sell their very souls for that. However they got a bunch of folks down there that they've been very busily teaching for years that Mormonism is a Cult and are ready to stand on that Principle.
Now me I think it's both funny and sad. Funny to see the Yahoo's try to reconcile what they've been preaching all these years with the reality that like it or not they got to eat crow to stay in the hunt. What started with old Ronnie making a deal that probably gave him the Presidency is coming around to bite all of them in the a$$. What starts around generally comes round.
To me it is sad that in this day that institutions such as Liberty University are allowed to continue to propagate this level of intolerance and ignorance. And get paid handsomely and regularly to do it. However you can solve this problem by telling Liberty University what I told them when they came around trying to recruit Young Son to play a little ball for them. "If you'll boys were the last Institution of Higher Learning in the country I reckon that the boy might as well get used to flipping burgers down at Hardees"
This doesn't solve Mr. Romney's problem however.
Now it should be obvious to you'll by this time that I wouldn't vote for Mr. Romney for Dogcatcher. But it has more to do with the fact that he is a World Class Liar and Panderer than his Mormonism. In my world Mormons are just those fellows that get on their bicycles and make the trek up the holler to the Hill to speak with me and drop off copies of the Watchtower. An annoyance but not a game changer.
No what is killing Mr. Romney is the Southerners that are willing to stick to Principal even when it's in a Losing Cause. Trust me folks there are people down here that put Principle way up on the list of Southern attributes that our Yankee cousins are willing to overlook for a dime.
You need look no further than the late War of Northern Aggression. You'll might have thought that was all over with. Trust me pockets of resistors are still holding out. And they aint going to dishonor their Principals for Mr. Romney.
you sir, are an idiot
Well, good old Romney. First he lies to us, making the claim that he alone is responsible for saving the auto industry, now he lies to us trying to claim that only his admin would increase manufacturing jobs. Well, which is it Romney? Are manufacturing jobs increasing under Obama, or are they not? Oopsie, looks like several articles have been pointing out that manufacturing jobs have been increasing since January 2012. Mr. Romney, are you taking credit for those?
http://www.azcentral.com/arizonarepublic/business/articles/2012/04/02/20120402us-manufacturing-grows-output-employment-rise.html
At some point we just have to call it like it is. Romney is the biggest piece of filth that has EVER run for the office of President. He has no integrity and no morals. He would lie to his mother if it would put another dollar in his pocket and he'd sell his family for votes. This person (I refuse to call him a man) is no better than any snake crawling out from under a rock.
The fact that this is the best the GOP has to offer shows that there is no longer any moral backbone in the GOP.
Obama/Biden 2012
Romney is the biggest piece of filth that has EVER run for the office of President.
Hmmmmm.......
John Edwards?
Stiff Collar
Hmmmmm.......
John Edwards?
Edwards is not running for President!!!
Poor Bev...Getting your load on a bit early this weekend?
Ahh, what the hell, it's Mother's Day weekend and I'm sure that is a normal drinking Holiday for you.
BTW, do you know what the meaning of EVER is? (Yeah, she even capitalized it.)
Richard Nixon, Two Bushes, Two Ricks? Not that I like Romney, but I did vote for him in the primary to keep Frothy Mix out of the running. I won't do that in November.
Edwards cheated on his DYING wife. Um, thats pretty darn low.
GermanGem - And he's not running for President. Romney however, is making sure Ann is highlighted for her cancer and MS! He definitely wants to trade on that!
But Sanity, did Edwards EVER run for President?
See, it sucks when you make asinine comments that you can't back up, doesn't it?
Didn't Gingrich do the same thing with his second wife, German???
The truth cuts both ways.
OBAMA BIDEN 2012
Romney and the Republicans want to crush unions. Their policies DO NOT creat manufacturing jobs or teaching jobs or any damn jobs. I'm growing very tired of these republicans and the idiots that support them.
If you can't see trickle down economics caused this recession> look harder.
If you can't see Romney's policies are the same as Bush's (trickle down economics)> Look harder.
If you can't see the Republicans only goal is to make Obama a one term president> Watch the video of Cantor saying it.
The Republicans are only for the 1%. If you ain't wealthy their policies will not help you.
and they have their poster boy as the nominee to be. Ain't life grand.
I love listening to Republicans talk about "TAKING OUR COUNTRY BACK!"
You know who says, "We're taking our country back!"? Student protestors use that line, not serious politicians.
Isn't this the same candidate who just a couple weeks ago spoke outside a closed factory...one that closed while Whats-His-Face was still President (sorry, we're still not allowed to say his name)...and complained that it was President Obama's fault the factory had not reopened?
Isn't the problem that the factory closed in the first place?
I'll clue you in on his plan. It's called national right to work at half the pay. Next it will be dorms like Apple has at it's Chinese plants. Maybe the real story is that America can manufacture good stuff, because we take pride in what we do, and we can do it all if the CEOs and top execs weren't all shooting for 7 figure incomes and contributing to Romney's campaign.
By the time he's done, Mitten's will be telling everyone that he single handedly saved the Nation and the economy..."What a Maroon"
Obama/Biden - 2012
D-Bagger!
What no mention of the 2 billion pound gorilla in the room Mitt. No way to try and blame that on Obama, I guess. Romney is just a pathetic excuse of a man, can't believe a word he says, won't take credit for the one thing he did do, and tries to take credit for what he never did.
Your handle is absolutely appropriate! IQ to low to register. Run Forrest, run!
It's Grump not Gump, and I actually have a substantially higher than average IQ, since you are interested in such things David. Your opinion of me does not change the fact that Romney is a pathetic pathological liar, he has established that entirely by his own words and actions, it is an extremely well documented fact, why get upset with me for simply acknowledging that fact.
Forrest,
Sounds like the rest of them.
“Constantly choosing the lesser of two evils is still choosing evil.”
Jerry Garcia
Most of them, not all, not quite yet. Romney is in a class by himself thetotas when it comes to taking both sides of an issue, and claiming he helped save the auto industry when he said "let Detroit go bankrupt", he pretends he had nothing to do with health-care in Massachusetts. This guy literally changes his positions from one campaign stop to the next on virtually every single issue. Choosing a lesser evil is still less evil.
BTW me and Mrs. Grump appreciate your well wishes and prayers for her mother, she is in a dire situation medically, she just went downhill like crazy ever since my father in law passed away in December. Life is tough, that's why you see me cracking a few jokes today, it helps me cope, because life is absurd in many ways. Might as well make someone laugh a little if you can, nobody is getting out of here alive.
@Forrest,
All the best to you and your family. Clowns like David don't stand a chance trying to get at you. He's just another empty clown suit.
Thank you Dennis, your well wishes are certainly appreciated.
Wasn't the passage of the Dodd-Frank Wall Street Reform & Consumer Protection Act which was signed into by President Obama suppose to curb this kind of activity? Wow, I remember Obama saying this would prevent another financial collapse like 2008. Now the liberals are talking about more regulations and more government oversight. This loss has to be the fault of the Obama Administration. Wasn't the democrats that passed this POS patting themselves on the back and saying the banks will never fail again.
Actually, the Repubs keep blocking and keep trying to further weaken the Frank-Dodd bill even in the face of egregarious losses such as these that could have been prevented by the old Glass-Steagall that forbid banks operating in the stock market for profit. Derivatives need to be totally outlawed and those debts totally cancelled, no matter if the banks lose their shirts, THEY put themselves into that position, let THEM pay to get out of it, and if they cannot pay, then good riddance, we did not need them anyways!
President Obama had NOTHING to do with JPMorgan stealing...err, losing $2B, they did that to themselves!!
Wont see manufacturing back until its all minimum wage. sfcret, wasn't it the republicans that gutted any real reform out of that bill and then refused to fund any enforcement??
Interesting. Kinda like the bill congress passed that all spending must meet funding within the federal budget? What friggin budget? For 3 years, we don't need no stinking budget!
First Read is becoming my favorite blog spot. Just love seeing the left pat each other on the back and all the cut and pastes from left leaning sites.
my favorite is the one who quoted the article, you know the sentence that didn't make any sense "enthusiastic crowd of mixed wth supporters and blue collar..." Mixed with what? Vodka? Hellooo? The quy that wrote it can't write and then some nitwit tries to analyze it.
Thanks to president Obama's policies of pushing to get America Manufacturing again. The Republicans including Romney and Co. all outsourced our future may they burn in hell!
It was done on both sides of the aisles, D-bagger.
This cat is way out to lunch! Manufacturing of MAGNETICALLY-DRIVEN ENERGY which is 100% NON-POLLUTANT should have been started many years ago! The manufacturing exlax ETCH-A-SKETCH is talking about IS TOO LITTLE, TOO LATE! His corrupt OIL, FINANCIAL & ELECTRICAL GENERATION corporates have sold the 99% American People down the river ALL BECAUSE of their CAPITALISTIC GREED! Now, they want to SAVE, NOT US, BUT THEMSELVES, but it is WAY TOO LATE! They have buried the 99% Americans because of their GREED!
We are the edge of a manufacturing resurgence. I wouldn't necessarily give the credit to Obama, as these things are out of his control, but nor would I blame him for the slowness of the resurgence. Essentially, the manufacturing jobs that are coming back (about 3.5 million from China over the next decade alone), were caused not by government policy, but by economic factors. With the price of transporting products from manufacturing centers to consumer markets so expensive (not in the least because of higher gas prices), and the growing labor costs in developing countries like China, industrial countries are beginning to move back to places close to their customers. Manufacturers will still be located in China, but that will most likely be because they are trying to make inroads in the growing Chinese consumer market. What we need to do encourage these manufacturers to come back to America with smart tax policies and programs to create employees that are productive and experienced for those kinds of jobs. We need to reform our corporate tax rate, eliminate useless loopholes and subsidies (including for oil and farms), and lowering the marginal rate while ensuring that companies pay a higher effective rate. I think that Obama will do that better than Romney, because Obama will try and make sure that the companies do their fair share, while Romney will just want them to come back. And whoever will lead over the return of manufacturing to America will take the credit. I just hope it is Obama.
OBAMA BIDEN 2012
I would not rule out continuing to give subsidies to farms, oil yes, farms, no. One thing separates the oil industry from the agricultural industry, weather. In Texas we are experiencing massive drought conditions and have been for some time and the near future is not looking any better. since the droughts, many cattle farmers have cut their herds to almost pathetic sizes, only keeping the best breeders and selling only what they have to when the market prices are not pathetic. The cost of meat and vegetables going up due to shortage of good growing season (a.k.a decent weather) is almost exactly what subsidies are for, to keep prices down during difficult times. Now, we have no shortage of oil, in fact we have reserves set aside for a "rainy' day and we are moving toward greener energy which I will say Obama supports, he just bet on the wrong company at a really bad time and mistakes happen. So I am hopeful oil will not always be needed in such large quantities as we are using it now, but you will always need food, even a vegan needs farms.
freshieee, I hope you are correct about getting our manufacturing back at such an increase over a decade but I am pretty sure it can't happen fast enough to stop the tumble a lot of people feel is coming. And quite a few are thinking it is going to happen no matter who is president.
So, how ya doin'? Gettin' any good weather? we got 3 inches of rain a few days ago and all I keep asking is "so exactly how much rain do we need to break this 10 year drought? 20 inches, 40 inches?" LMBO I had been almost 3 months since a rain cloud spit over my house, I was just sitting on the porch watching and listening to the rain, oh it was wonderful, even sent the kids out to play in the mud puddles, my two year old kept saying "OH NO, OH NO" pointing to the water falling from the sky.
Haven't ever seen a real snowflake, in truth. Rain hasn't come for a few weeks... How's the drought??? We have one here in the Golden State, but it ain't as bad as people would think. It's always a pleasure to debate you...
As for your subsidy, position, I do not believe that we need to keep subsidizing farms. Most farms are profitable nowadays. As for the weather, we could simply strengthen crop insurance or establish a cap for farm subsidies so we don't give funds to those who don't need it.
Frankly, I don't see the reason to continue to give $4 billion in subsidies to the oil industry. They are the most profitable in decades; plus some aren't even paying taxes. That money ought to either go to reducing the deficit, or investing that money into subsidizing alternative energy.
I disagree with crop insurance but I do believe ANY subsidies should be capped. Bc you are correct there are many who would take the money even if they do not NEED it.
I got asked a really interesting question a few days ago and it basically went like this.
Its about Oil
"I believe that since these companies are so heavily subsidized that they in reality should be "nationalized"----it is common fact that the USA went to war in Iraq for the "oil" knowing full well that there were NO WMD's---so since they are not going to war in China---over "soy beans" (another commodity) it would stand to the "logic" that "oil should be nationalized since they are willing to go to war over it"---
Why do you think?"
I am still considering an appropriate answer to this but here is the site that sparked this question.
act.rootsaction.org
P.S we are so needy for rain down here that our water co-op has issued a stage 1 drought measures and precautions already. AND IT JUST RAINED 3 Inches, omg!!!
Bane Capital circles above.
You can't even spell Bain correctly. That explains a lot.
David125----/It may not be the correct spelling for Bain ,but I do agree with Bane!
I'd say b a n e is a more accurate spelling.
On the verge of a manufacturing resurgence! Is this boy out of touch, or not! Listen up exlax ETCH-A-SKETCH! Your corrupt Republican corporate MONARCHS have put us in one of the deepest economic depressions we will have ever seen and trying to blame it on our illustrious President! Thanks to your corrupt Republican OIL & FINANCIAL corporates who also caused the GLOBAL ECONOMIC COLLAPSE! It ONLY took you 8 years to wipe us out and you're talking manufacturing resurgence! Are you lost or what!
99% American People, vote 100% STRAIGHT DEMOCRATIC and let's rid ourselves of the corrupt Republican political puppets, once & for all!
I will never vote for another Republican for the rest of my life and I have for many in past..... Guaranteed !!
I have explained to you, provided you with links and I have shown you videos of who and how we got into this economic recession yet you have refused to get your head out of your arse.
TR' Rose II
Now what has happened with J.P. Morgan-Chase has proved Dodd/Frank did not go anywhere near far enough you have once more planted your head even further up you arse.
One of the most intelligent men of the 20th century said the definition of insanity is when you do the same over and over but expect different results. You and yours will drive this country in to the dark, dismal depths of insanity if we cannot stop you.
Rick,
[Dodd/Frank did not go anywhere near far enough]
It could not go as far as the law demanded because the Republicans refused to fund it.
I wonder if Mitt Romney while serving as a Mormon Missionary in France spreading the message of Gods love and salvation while at the same time conveniently avoiding Vietnam and the draft where 55,000 US soldiers gave their lives for this country, committed felony assault and battery on any French homosexual queers wrestling them to the ground and cutting their long hair off?
But I'm sure he wouldn't be able to remember...that was a long time ago... Giggle-Giggle.. HEEHEE.. HO-HO! It's just so funny isn't it ???
Isn't it amazing that this same c-ocksucker who was all for bailing out Leahman Brothers, Goldman Sacks, and Merrill Lynch with US taxpayer dollars while advocating we let General Motors go bankrupt doesn't have a comment on JP Morgan Chase gambling with US depositor savings money and losing $ 2 Billion dollars of it?
Read up on chapter 11 bankruptcy. It does not mean going out of business. Almost all US Airlines have done it!
We are on the verge of a manufacturing resurgence and "I'll take all of the credit"!
Thank you...thank you very much!
is there anything this guy won't take credit for?