President Barack Obama shakes hands with Boeing Senior Vice President Ray Conner as they announce a commercial deal at a signing ceremony in Nusa Dua, on the island of Bali, Indonesia
The Boeing Company and Lion Air have reached agreement on the purchase of 201 Boeing 737MAX and 29 Next Generation 737ER aircraft. The order will support over 110,000 U.S. jobs at Boeing and at suppliers in 43 states. This represents one of the largest trade deals between the United States and Indonesia in history.
The Boeing Company and Singapore Airlines have reached agreement on the purchase of eight Boeing 777-300ER widebody aircraft with a total list price value of $2.4 billion, $2 billion in U.S. export content and supporting an estimated 11,000 U.S. jobs.
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President Obama meets with Indian Prime Minister Manmohan Singh on the sidelines of the ASEAN Summit in Nusa Dua, Bali
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Thanks Sosena
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Aussie Aussie Aussie, Oi Oi Oi!
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…. with Philippines President Benigno Aquino
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… with Malaysian Prime Minister Najib Razak
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President Barack Obama makes a statement announcing that Secretary of State Hillary Clinton will travel to Myanmar
Pew: A new Pew poll confirms a trend that’s been surfacing for a few weeks – with the constant changes in the GOP presidential primary race, President Obama has seen an uptick in a few key metrics, maintaining a slim lead against former Mass. Gov. Mitt Romney and a larger one against other possible challengers.
Pew’s numbers shows that the President’s approval rating, which has been consistently underwater during a difficult summer in Washington, is now even at 46 percent. It also shows that his favorability rating, a point of particular strength for him, continues to be positive. 52 percent of those Americans polled holds him in a positive light, versus 45 percent who see him unfavorably.
Steve Benen: President Obama told business leaders at the Asia Pacific Economic Cooperation summit that U.S. policymakers have been “a little bit lazy” when it comes to attracting businesses to American soil. Republicans have taken this line and said the president called Americans “lazy.” They’re lying.
It’s been pleasantly surprised by the number of news outlets who’ve been willing to tell the public the truth…. And then there’s Politico, which ran a 1,300 word piece that emphasized Republicans’ use of the out-of-context quote, while downplaying the relevant detail: Republicans are misleading the public.
…. What matters, according to the cynical Politico article, is the way in which the GOP is exploiting an opportunity, not whether that exploitation is accurate, fair, or advancing the public debate. That’s just not how quality political journalism is supposed to work…..
Alec MacGillis (TNR): …. As a news reporter, one has a choice. One can do what NBC’s Mark Murray, Time’s Michael Scherer, or the New York Times’ Richard Oppel all did yesterday and today, which is to declare Republicans’ exploitation of Obama’s line as blatantly out of context and unfair.
Or one can do what Politico did, which is to write a full story headlined “Obama’s ‘lazy’ remark catches fire,” which reports, in a tone of barely suppressed glee, that Republicans have been handed a gift….
…. let’s be clear: this sort of story is why people hate Washington, and why they can’t stand us political reporters. The story is a purveyor of the worst sort of lazy – yes, lazy – cynicism.
Mediaite: Earlier today, we brought you the hard-to-believe story that Texas Gov. Rick Perry sent a letter to House Minority Leader Nancy Pelosi, challenging her to a debate on Monday. Pelosi’s response quickly underscored the problem with Perry’s challenge when she tweeted her response: “Re: Gov. Perry–Monday I’ll be in Portland. Later visiting labs in CA. That’s 2. I can’t remember the 3rd thing.”
President Obama talks to Margaret Heron after laying a wreath at the memorial of the USS Peary in Darwin. Margaret Heron was 11 at the time of the Darwin bombing by Japanese aircraft which resulted in the sinking of the Peary, a Clemson-class destroyer, on February 19, 1942
President Obama hugs survivor Mary Lee who was 9 at the time of the Darwin bombing by Japanese aircraft which also resulted in the sinking of the Peary
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At the Royal Army Air Force Base in Darwin
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Arriving in Bali, Indonesia:
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President Barack Obama waves to people in the gallery after addressing the Australian Parliament in the House of Representatives at Parliament House in Canberra, Australia, Nov.17, 2011. (Official White House Photo by Pete Souza)
Reuters: New U.S. claims for jobless benefits hit a seven-month low last week, while permits for future home construction rebounded strongly last month, bolstering views the economy was gaining traction.
Initial claims for state unemployment benefits fell 5,000 to a seasonally adjusted 388,000, the Labor Department said on Thursday, from 393,000 the prior week. Economists had forecast claims rising to 395,000.
Separately, permits for residential construction rose 10.9 percent to a seasonally adjusted annual rate of 653,000 last month, the Commerce Department said. However, new home construction fell 0.3 percent to annual rate of 628,000 units.
….. “The U.S. economy continues to show signs of strong momentum. The improvement in claims underscores that the gains in labor market activity over the past few months are being sustained,” said Millan Mulraine, a senior macro strategist at TD Securities in New York.
….. On the margins of the President’s trip, trade transactions were announced or showcased, exceeding $25 billion in total value (and an additional $14 billion in potential value) and supporting an estimated 127,000 U.S. jobs ….. Notable examples include:
• Boeing 737s to Indonesia: The Boeing Company and Lion Air have reached agreement on the purchase of 201 Boeing 737MAX and 29 Next Generation 737ER aircraft. The President will join a signing ceremony between the representatives of Boeing and Lion Air on November 18 …. The order will support over 110,000 U.S. jobs at Boeing and at suppliers in 43 states. This represents one of the largest trade deals between the United States and Indonesia in history….
• Boeing 777s to Singapore: The Boeing Company and Singapore Airlines have reached agreement on the purchase of eight Boeing 777-300ER widebody aircraft with a total list price value of $2.4 billion, $2 billion in U.S. export content and supporting an estimated 11,000 U.S. jobs…..
• GE Engines to Indonesia: GE is signing a contract to sell 50 CFM56 engines to Garuda Airlines of Indonesia, for $1.3 billion. This deal will represent $650 million in U.S. export content and support close to an estimated 5,000 U.S. jobs at GE’s plants in Ohio and North Carolina and at suppliers across the nation.
• Sikorsky Helicopters to Brunei: Sikorsky has been selected by the Brunei Ministry of Defense to supply 12 Blackhawk S-70i helicopters …. The value of the deal is $325 million, with $200 million in U.S. export content supporting an estimated 1,100 U.S jobs……
The Obama Diary 
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