Posts Tagged ‘car



11
May
12

Rise and Shine

President Obama waves from his motorcade on Laurel Canyon Boulevard in Studio City, May 10

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Daily News: …. Tama Winograd, a member of Studio City/NoHo/Valley Village for Obama, had entered a drawing by the campaign in hopes of winning entry to the fundraiser.

She didn’t win, so instead she held a ValleyForObama.com sign along Obama’s motorcade route on Laurel Canyon Boulevard.

“I would’ve fainted seeing George Clooney and the president at the same time,” said Winograd, a Valley Village resident. “I would’ve been a puddle of goo.” 😆

More here

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Text of the President’s remarks at the George Clooney fundraiser here

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People wait for President Barack Obama’s motorcade in Los Angeles, May 10. Obama was attending a fundraiser at actor George Clooney’s home

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Cagle

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Thanks Squarepeg

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OFA

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Greg Sargent: The Romney campaign and some on the right are having a grand old time blasting Obama for supposedly saying late yesterday that he ”forgot” about the recession. Romney spokesperson Andrea Saul claims Obama has “now admitted that he’s forgotten about the recession.”

This is an absurd distortion. But it’s worth dwelling on, because it says an enormous amount about what this presidential camapign is all about.

Here’s Obama’s actual quote: “It was a house of cards, and it collapsed in the most destructive worst crisis that we’ve seen since the great depression. And sometimes people forget the magnitude of it , you know? And you saw some of that I think in the video that was shown. Sometimes I forget. In the last six months of 2008, while we were campaigning, nearly three million of our neighbors lost their jobs. Eight hundred thousand lost their jobs in the month that I took office. And it was tough. But the American people proved they were tougher.”

…. What Obama actually said, of course, is that sometimes he forgets about the magnitude of the crisis that hit before he took office and continued into the early months of his term. The irony here is really rich: It’s actually the Romney campaign that is heavily invested in getting voters to forget the magnitude of the crisis Obama inherited.

More here

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CNN link

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Glenn Kessler (The Fact Checker): Mitt Romney’s claim of credit for the auto industry turnaround…. What should we do when a politician keeps repeating a Pinocchio-laden claim — or even makes its worse?

….. Given the likelihood that discredited claims will be repeated — often — in this election cycle, we are going launch a new category called “repeat offender.” We still have to create a graphic, but in the meantime we are going to increase Romney’s Pinocchio rating for his auto bailout claims from Two to Three Pinocchios.

Romney has been consistent on his position that a managed bankruptcy was the best course of action. But he keeps digging a bigger hole for himself when he claims that the path he recommended — which included no public assistance — would have been successful from the start. Both Presidents Bush and Obama rejected that advice, and there is little evidence the industry would have survived without the breathing room provided by public funds.

More here

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Smart 😉

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1:15: President Obama departs Los Angeles, California en route Reno, Nevada.

2:30: Arrives in Reno.

2:50: Meets with a local family.

3:10: Delivers remarks pushing Congress to act on the ‘To Do List’.

3:50: Departs Reno, NV en route Joint Base Andrews.

8:25: Arrives at the White House.

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Michelle Obama will deliver the commencement address to graduates of Virginia Tech today – CNN have it listed for 12:0 ET

CNN live streaming

Virginia Tech

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Hey, I remembered, it’s Friday 😎

Morning everyone 😉

30
Apr
12

a terrific toon

Cagle

Chat away 😉

22
Apr
12

‘swing-state unemployment down, obama’s chances up’

Kansas City Star: The improving economy is swinging the pendulum in President Barack Obama’s favor in the 14 states where the presidential election will likely be decided …. What’s made the difference is that unemployment has dropped more sharply in several swing states than in the nation as a whole. A resurgence in manufacturing is helping the economy – and Obama’s chances – in the industrial Midwestern states of Ohio and Michigan.

…. After an agonizingly slow recovery, several swing-state economies are finally accelerating:

– The job market is improving in Michigan and Ohio. In Michigan, unemployment fell to 8.5 percent in March from 10.5 percent in March 2011. And in Ohio, it dropped to 7.5 percent from 8.8 percent over the same period….

Many blue-collar workers in Ohio and Michigan credit the federal bailout of General Motors and Chrysler for saving tens of thousands of auto industry jobs … “There’s a feeling the administration went out of its way to protect jobs that are very important,” says Paul Allen Beck, a political science professor at Ohio State University…

– Unemployment is down over the past year in the 10 other states the Associated Press identifies as swing states: Arizona, Colorado, Iowa, Minnesota, New Hampshire, New Mexico, North Carolina, Pennsylvania, Virginia and Wisconsin…..

More here

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Chat away, back later

11
Apr
12

rise and shine

President Barack Obama high fives a young boy outside an event in Palm Beach Garden, Fla., April 10, 2012. (Official White House Photo by Pete Souza)

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President Obama returns to the White House after a visit to Florida, April 10

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**** 10:15 AM ET: President Obama delivers a statement on the Buffett Rule ****

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EJ Dionne: Conservatives are not accustomed to being on the defensive. They have long experience with attacking the evils of the left and the abuses of activist judges. They love to assail “tax-and-spend liberals” without ever discussing who should be taxed or what government money is actually spent on. They expect their progressive opponents to be wimpy and apologetic.

So imagine the shock when President Obama decided last week to speak plainly about what a Supreme Court decision throwing out the health-care law would mean, and then landed straight shots against the Mitt Romney-supported Paul Ryan budget as “a Trojan horse,” “an attempt to impose a radical vision on our country,” and “thinly veiled social Darwinism.”

….. Romney pronounced himself appalled …. yet could neither defend the cuts nor deny the president’s list of particulars, based as they were on reasonable assumptions. When it came to the Ryan budget, Romney wanted to fuzz things up. But, as Obama likes to point out, math is math.

And when Obama went after the right’s willingness to use the power of the Supreme Court for ideological purposes, conservatives were aghast – and never mind that conservatives have been castigating activist judges since at least the 1968 presidential campaign….

More here

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Cagle

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Paul Krugman: Oh, boy. It turns out that the WaPo featured on its front page a report by Charles Blahous of the (yes, Koch-funded) Mercatus Center – although the Post describes him as a Medicare trustee, giving the impression that this is somehow an official document – claiming that the Affordable Care Act will actually increase the deficit. Jonathan Chait does the honors…..

….. this is basically a sick joke that doesn’t pass the laugh test. Unfortunately, it seems that some news organizations don’t have mandatory laugh-testing.

More here

Steve Benen: ….. The problem, which the Post article didn’t mention, is that Blahous’ research falls apart under scrutiny. The Center on Budget and Policy Priorities’ Paul N. Van de Water easily dismissed the Republican’s report.

…. I can appreciate the fact that these budget figures can seem complex, but certainly a guy who worked on entitlement policy for Bush/Cheney should understand the basics here, and the basics tell us that Obama’s health care law helps lower the national debt. Whether the right finds this inconvenient or not is irrelevant.

More here

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ET can exclusively reveal that George Clooney is hosting a fundraiser for President Barack Obama’s re-election campaign – but there’s one thing he won’t do to help the president.

Clooney tells ET, “I’m proud to do whatever I can to support the President… as long as no one asks me to sing.”

… Clooney will host the president and about 150 supporters at the event on May 10 at his home in Los Angeles, California …. tickets will run $40,000 each, with proceeds going to the Obama Victory fund, a joint fundraising committee of Obama for America, the Democratic National Committee and several state Democratic parties.

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Morning everyone 😉

03
Apr
12

rise and shine

CBS Sports

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12:30: White House llive and CNN Live streaming

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TPM: Today the presidential gloves really come off.

In a Tuesday speech hosted by the Associated Press in Washington, D.C., President Obama will deliver a broadside to the House-passed Republican budget, which calls for upending Medicare and making deep cuts to domestic social programs. Obama will describe it as a dark vision for America and draw a clear contrast with his campaign themes of reducing inequality and asking the wealthy to help pay down the nation’s debt.

“This congressional Republican budget, however, is something different altogether. It’s a Trojan Horse,” Obama plans to say, according to excerpts provided by the White House. “Disguised as deficit-reduction plan, it’s really an attempt to impose a radical vision on our country. It’s nothing but thinly veiled Social Darwinism. It’s antithetical to our entire history as a land of opportunity and upward mobility for everyone who’s willing to work for it — a place where prosperity doesn’t trickle down from the top, but grows outward from the heart of the middle class. And by gutting the very things we need to grow an economy that’s built to last — education and training; research and development — it’s a prescription for decline.”

More here

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Business Insider: Over the next eight hours, twenty automakers will report March auto sales in the U.S. Already, it appears the seasonally adjusted annual rate of sales will top all industry estimates, new data out of Business Insider shows.

First out the gate this month is Chrysler, with a better-than-expected sales gain of 34.2 percent, moving 163,381 units in March.

At that healthy gain, Business Insider estimates total U.S. SAAR will run between 15.2 million and 16.1 million. This is well above current estimates of 14.6 million units, per Bloomberg.

The last time auto sales topped an annualized pace of 15.2 million was four years ago, in February 2008.

More here

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Detroit News: Chrysler Group LLC sold 163,381 cars and trucks last month, translating into a 34 percent year-over-year increase and making March another stellar month for the Auburn Hills automaker.

Meanwhile, Ford Motor Co. said Tuesday that its auto sales were up 5 percent in March — the company’s best March in five years. And Hyundai Motor Co. said it set a new all-time record for U.S. auto sales in March, up 13 percent to 69,728 on strong sales of its fuel-efficient models.

More here

Thanks VC

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NYT: For several weeks, Mitt Romney has seized on the rising cost of gasoline to attack President Obama and his environmental aides for what Mr. Romney calls their misguided desire to see higher energy prices.

…. But Mr. Romney, the former governor of Massachusetts, has in the past appeared much more open to the notion that rising energy costs could be good for the American economy. In his 2010 book, “No Apology,” Mr. Romney described a gradual increase in the cost of energy as the kind of market-based incentive that conservatives could embrace.

…. Charles Ebinger, the director of the energy security initiative at the Brookings Institution, said Mr. Romney’s openness to the benefits of higher energy prices was similar to the approach that Mr. Obama’s advisers had espoused for years.

More here

Steve Benen: ….. The main problem, as the New York Times reported today, is that Romney has already argued for the same policies he’s now against.

…. As governor, Romney also raised gas taxes — by 400% — and hired an energy advisor who opposes reduction in oil prices. Romney even pushed for more energy-efficient light bulbs, though he now opposes the idea.

Clearly, the former governor is aware of public concerns and wants to incorporate energy policy into the 2012 race, but between Romney’s Big Oil ties and his previous personas, it’s not going to be easy for him to stay coherent on the subject.

More here

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TPM: A new report by an independent government auditor concludes that implementing President Obama’s health care law as intended will make a significant dent in the long-term debt forecast.

…. it concludes that if key cost-control measures in the law, and other automatic cuts to Medicare spending baked into current law, are ignored, or overridden by Congress, the implications for the national debt are vast.

If “Obamacare” is implemented as intended, and other measures, such as automatic payment cuts to Medicare physicians, take effect, “spending on Medicare and Medicaid grows from 5 percent of GDP in 2010 to over 7 percent by 2030.”

By contrast, if Congress overrides those provisions, “spending on health care grows much more rapidly ….”

More here

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Morning everyone 😉

28
Feb
12

we take care of our own

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President Barack Obama delivers remarks at the United Auto Workers Conference at the Marriott Wardman Park in Washington, D.C., Feb. 28, 2012. (Official White House Photo by Pete Souza)

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Wednesday:

12:00: PBO and VP Biden meet for lunch with Congressional Leadership.

8:20: PBO and Michelle Obama host a dinner in honor of the Armed Forces and their families; VP Biden and Jill Biden also attend.

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Chat away 😉

28
Feb
12

afternoon all

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Greg Sargent: In a speech to the United Auto Workers just now, Obama defended his decision to bail out the auto industry, lacing into Mitt Romney with withering derision. But this speech was about more than the auto-bailout. It was Obama’s case for reelection.

This speech constituted Obama’s most ambitious effort yet to weave his defense of the auto rescue into the larger contrast he will try to draw between his vision and the “you’re on your own” ideology he will accuse Republicans of representing.

…. today’s speech was important: It revealed that the alternate reality Romney has been functioning in throughout the GOP primary is soon going to give way to another reality entirely, a general election reality — and Romney, presuming he will be the nominee, will soon collide with it.

More here

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TPM

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The American Prospect

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Michael Tomasky: Ideological rigidity and Obama hatred led Republicans to reject the auto bailout. Now they’re doubling down on their opposition – and surrendering Michigan in the general election.

Michiganders, take pride: your 2012 primary will go down in American political history as perhaps the single most eye-popping case ever of a party’s demands on its candidates during the primary fight reducing its chance of winning the state in November from something not far from half to near zero. This is especially true if Rick Santorum manages to pull the upset and go on to be the nominee; Barack Obama’s campaign wouldn’t have to spend one thin dime in Michigan and would still win by at least 15 points. But it’s true also if unfavorite son Mitt Romney manages to win. Horse-race polls that once showed a tough battle between the two now project an Obama blowout.

More here

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The People’s View

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Business Insider: U.S. consumer confidence in February surged to 70.8. Economists were expecting the measure to rise to just 63.0 from January’s reading of 61.1…..

More here

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Grist

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President Barack Obama signs an Executive Order entitled “Establishment of the Interagency Trade Enforcement Center,” in the Oval Office, Feb. 28, 2012. (Official White House Photo by Pete Souza)

28
Feb
12

the united auto workers: “four more years”

Text of speech here

A person holds up four fingers for four more years as President Barack Obama speaks at the United Auto Workers conference in Washington, Feb. 28

… with UAW President Bob King

“I keep on hearing these same folks talk about values all the time. You want to talk about values? Hard work: That’s a value. Looking out for one another: That’s a value. The idea that we’re all in it together and I’m my brother’s and sister’s keeper: That’s a value.”

27
Feb
12

afternoon all

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New Jersey Gov. Chris Christie looks at his email while First Lady Michelle Obama speaks during a meeting of the National Governors Association

Arizona Gov. Jan Brewer snacks on an apple while Vice President Joe Biden addresses a meeting of the National Governors Association

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More here

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USA Today: Auto sales are growing so fast that Detroit can barely keep up.

Three years after the U.S. auto industry nearly collapsed, sales of cars and trucks are surging. Sales could exceed 14 million this year, above last year’s 12.8 million.

The result: Carmakers are adding shifts and hiring thousands of workers around the country. Carmakers and parts companies added more than 38,000 jobs last year, reaching a total of 717,000. And automakers have announced plans to add another 13,000 this year, mostly on night shifts.

…. the surge in hiring bolsters the argument of those who supported the federal bailout of General Motors and Chrysler in 2008…..

More here

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Don’t miss Liberal Librarian at The People’s View

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SmartyPants

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The Week

24
Feb
12

evening all

Irish TV, February 24

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President Barack Obama and Prime Minister Helle Thorning-Schmidt of Denmark talk at the end of their bilateral meeting in the Oval Office, Feb. 24, 2012. Pictured, from left, are: Christian Kettel Thomsen, Permanent Secretary of State; Peter Taksoe-Jensen, Ambassador of Denmark to the United States; Liz Sherwood-Randall, Senior Director for European Affairs; and Bill Moeller, Director for Central European Affairs. (Official White House Photo by Pete Souza)

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Link

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The Guardian: Republican frontrunner Mitt Romney’s much-heralded economic speech flopped Friday, overshadowed by a gaffe over luxury Cadillacs and his choice of an over-ambitious venue….

Romney opened himself up to derision for choosing a 70,000-seat stadium which attracted just over 1,000 people, many of them school children bussed in to help fill out the crowd, tucked into a corner of the astro-turf pitch….

The speech too turned out to be a flop …. It will be the picture of the near-empty stadium, contrasting with a much fuller one when Barack Obama was campaigning in February 2008, that will be remembered.

…. his words echoed round the empty stadium seats. He was not helped by the near-silence, winning only an occasional round of applause. At one point, having made a joke about the reluctance of children to leave home, only a handful of people in the audience laughed, an embarrassing response that the empty stadium amplified.

… In an attempt to ingratiate himself in the motor capital of America and undo some of the damage caused by a call in 2008 to let the car industry go bankrupt rather than be bailed out by the federal government, he listed cars owned by himself and his wife Ann.

He would be a president who loves cars, he said. “I like the fact that most of the cars I see are Detroit-made automobiles. I drive a Mustang and a Chevy pick-up truck. Ann drives a couple of Cadillacs, actually. And I used to have a Dodge truck, so I used to have all three covered.” …. It is a mistake on par with his $10,000 bet in a televised debate with Texas governor Rick Perry.

Full article here

Steve Benen

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Steve Benen: Paul Krugman argued today that Mitt Romney “is running a campaign of almost pathological dishonesty.” That need not be considered hyperbole.

Indeed, Greg Sargent added this morning that Romney’s “falsehoods and all around dissembling” may be designed to “simply wear reporters and commentators down by trafficking in them so heavily that they throw up their hands and give up on trying to track or debunk them.”

But I remain undeterred…..

Full post here

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The Week

Nick Anderson

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Thanks Linda

Front page ad on the Detroit Free Press website today

How smart is that? 😉




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