Posts Tagged ‘detroit



22
Jul
13

Rise and Shine

A year ago: “The President hugs Stephanie Davies, who helped her friend, Allie Young, left, stay alive after she was shot during the movie theater shootings in Aurora, Colo. The President visited patients and family members affected by the shootings at the University of Colorado Hospital. Photo by Pete Souza, July 22, 2012

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The Week Ahead:

Today:

3:0: The President meets with Secretary of State Kerry

7:25: Delivers remarks at an Organizing for Action event, Mandarin Oriental Hotel, Washington, DC (Open Press)

8:10: Delivers remarks and answers questions at an Organizing for Action dinner, Mandarin Oriental Hotel (Print Pool for Remarks Only)

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Tuesday: The President will welcome NCAA Champion Louisville Cardinals to the White House to honor the team and their 2013 NCAA Men’s Basketball Championship

Wednesday: He will travel to Galesburg, Illinois and Warrensburg, Missouri for events on the economy

Thursday: He will welcome President Truong Tan Sang of Vietnam to the White House. In the afternoon, the President will travel to Jacksonville, Florida for an event on the economy. On Thursday evening, he will host an Iftar dinner celebrating Ramadan at the White House

Friday: The President will attend meetings at the White House.

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Time: Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.

The address Wednesday at Knox College in Galesburg, Ill., will be the first in a new series of economic speeches that White House aides say Obama intends to deliver over the next several weeks ahead of key budget deadlines in the fall. A new fiscal year begins in October, and the government will soon hit its borrowing limit.

…. The president will also speak Wednesday at the University of Central Missouri in Warrensburg, Mo.

More here – and more at the NYT

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AP: Survey: Brighter U.S. Economic Outlook Boosts Hiring

Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.

Nearly one-third of the economists surveyed said their companies added jobs in the April-June quarter …. That’s the highest percentage in nearly two years. And 39 percent expect their firms will hire more in the next six months. That’s near the two-year high of 40 percent reached in the January-March quarter.

…. Optimism about future economic growth increased. Nearly three-quarters of the survey respondents forecast growth of 2.1 percent or more over the next 12 months. That’s up from two-thirds in the first quarter survey, released in April, and the most in a year.

More here

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OFA

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ThinkProgress: No, Obamacare Won’t Raise Insurance Premiums In Indiana By 72 Percent

On Friday, the Indiana Department of Insurance announced that initial rates submitted by individual health plan providers for the state’s Obamacare insurance marketplace would cost 72 percent more than currently available plans …. Gov. Mike Pence’s (R) administration was quick to use the figures to criticize the health law….

The problem is, the Department of Insurance didn’t really release “data” in the plural — it released a single data point. The $570 per month figure is the average of all of the submitted rates, including cheaper plans with less benefits (so-called “Bronze” and “Silver” level plans) as well as the more generous and expensive “Gold” and “Platinum” level plans. That’s like saying the average cost of a car in an Indiana dealership is $100,000 because it sells $20,000 Fords, $60,000 BMWs, and $220,000 Lamborghinis — technically true, but highly misleading.

More here

And see Jonathan Cohn – ‘Hoosier Hustle? Another Dubious Attack on Obamacare’

Also too – ThinkProgress: Tea Party Senator Concedes Defeat: We Won’t Be Able To Fully Repeal Obamacare

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USA Today: Vice President Biden is off on a six-day trade and diplomatic trip to India and Singapore.

…. The vice president and his wife Dr Jill Biden land Monday in New Dehli; they will travel to Mumbai later this week …. they arrive Thursday in Singapore…

… The Bidens will stop in Hawaii on their way back to the United States; they return to Washington on Sunday.

More here

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Continue reading ‘Rise and Shine’

10
Dec
12

‘It’s beginning to feel a lot like Christmas’

President Obama walks to the Oval Office upon his return from a trip to Michigan, December 10

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Hiya everyone, sorry for the lack of updates today, work has been marginally bonkers 😕 Hopefully it’ll debonkers itself soon.

Will try to catch up properly tomorrow.

So, how are ya all doing?

10
Dec
12

Heads Up: President Obama in Detroit (2:0 ET)

White House live

29
Oct
12

Catching Up

Cagle

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ThinkProgress: The federal government’s ability to respond to natural disasters, like Hurricane Sandy currently bearing down on the East Coast, would be significantly hindered under a Romney-Ryan administration.

At least three times, Mitt Romney and Paul Ryan have publicly demanded that the federal government only disburse disaster relief funding if Congress agreed to offsetting budget cuts elsewhere. This would hold desperately-needed disaster relief funding hostage unless Congress agreed to cuts elsewhere in the budget, an extraordinarily difficult prospect even in normal circumstances.

More here

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Romney campaign heads explode:

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Rolling Stone (Thanks Collegekay)

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Michael Tomasky: F-You Dishonesty: Romney and Jeep

There’s basic dishonesty and then there’s f-you dishonesty – dishonesty so blatant, so consciously abusive of facts that everyone knows, that it deserves a category of its own. Kato Keilin: dishonesty. O.J.: f-you dishonesty.

Romney’s new ad about Jeeps and Italy is f-you dishonest….

Full post here

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Bill Keller (NYT): The No Agenda Myth…

…. With Obama, we can anticipate that the unfinished business of universal health care and the re-regulation of the Wall Street casino will be finished. We can expect investments in education, infrastructure and innovation, followed by a gradual, balanced attack on deficits that includes higher taxes on the wealthiest …. We can expect the Pentagon, after winding down two wars, to bank a peace dividend ….. The fact that these objectives represent a continuation of his first term does not mean he is aiming low. These are ambitious goals.

If Romney is elected…. we can fairly expect a rollback of universal health care in favor of the rough marketplace, and at least a partial dismantling of regulations on banks, extractive industries and whatever other industries squeal about job-killing red tape. We can expect a lowering of the safety net, especially a retrenchment of Medicaid and a marketization of Medicare. His deficit plan will rely on draconian spending cuts and on the supply-side superstition that tax cuts automatically produce growth …. You can expect another Scalia or two on the Supreme Court, the defunding of Planned Parenthood and a social agenda aimed at appeasing the evangelical base….

There’s more, but you get the idea. Two agendas; compare and contrast…..

Full article here

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Link

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Detroit News: Chrysler Group LLC reported a net profit of $381 million for the third quarter of 2012 on Monday, up 80 percent from the $212 million profit the company reported for the same period a year ago.

It was further proof that the Auburn Hills automaker’s recovery is continuing, and should help offset the losses that its Italian parent company, Fiat SpA, is expected to announce on Tuesday.

…. Monday’s results mark the third consecutive quarter of solid profitability for the company…

…. Since emerging from bankruptcy in 2009, Chrysler has not only returned to solid profitability, but also announced investments of more than $4.5 billion in the United States and Canada, repaid its government loans in full with interest six years ahead of schedule and launched 18 new or refreshed cars and trucks.

More here

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Orlando, October 28 (Scout Tufankjian for Obama for America)

Click to see the rest of the post

10
Sep
12

This and That – And More On The Enthusiasm Gap

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Michael Cohen (The Guardian): Two conventions, two Americas. Seldom has the divide been greater – Witnessing both conferences is to see anger from the Republicans and abiding hope from the Democrats

…. the philosophical and tonal divide between them has never felt broader. Quite simply, Democrats and Republicans operate in two completely distinct realms, one that is defined by an attachment to reality and one that is increasingly detached from it.

…. Republicans reside in a fantasy world where government plays no role but that of malevolence, where the free market is the salvation to all that ails this nation and where the country is locked in a Manichaean struggle between the forces of freedom and a failed, socialist interloper named Barack Obama.

…. For four decades, Republicans have relied on an undercurrent of white resentment toward social and economic change to maintain their pre-eminence in national politics. But with an African-American president and the country moving closer to “minority-majority” status, that dominance is slipping away and it feeds the sense of anger and desperation they tried to keep hidden in Tampa, but that all too often crept to the surface….

…. the contrast between the hues in Charlotte and Tampa was remarkable. The Democratic party is a party that looks like the palette of the American experience, not just in skin colour, but in class level. The Republican party (the one in the Tampa convention hall) is one that looks like Sunday brunch at a country club.

Full article here

Thanks Ladyhawke and amk

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President Obama’s introduction at The Florida Institute of Technology in Melbourne, Florida, Sept 9

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Genius:

@RafalcaRomney

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AP: Ford is adding 1,200 workers to a suburban Detroit factory to build the Fusion, a sign of confidence that the revamped sedan will be a big seller.

Ford Americas President Mark Fields told workers at the Flat Rock plant Monday that the Fusion’s market segment is growing two times faster than the rest of the U.S. auto industry. The new Fusion goes on sale this fall.

…. Ford will hire the 1,200 new workers starting next spring. It will also invest $555 million in new equipment at the plant.

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NYT

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President Obama demonstrates size of bounce received by Romney after Republican convention:

Florida, Sept. 9

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R.E.M.‘s “Losing My Religion” was used in the Fox News coverage of the Democratic National Convention last night. R.E.M. today, through its music publisher, Warner-Tamerlane Music, demanded that Fox News cease and desist from continuing its unlicensed and unauthorized use of the song. Michael Stipe said, “We have little or no respect for their puff adder brand of reportage. Our music does not belong there.”

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McClatchy

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Steve Kornacki (Salon): Barack Obama is winning …and he has been pretty much all year

The final evidence isn’t in yet, but there are strong indicators that Barack Obama received a real boost from the Democratic convention – bigger than the paltry bump Mitt Romney got out of his party’s gathering and potentially big enough to push Obama’s national lead to heights not seen since Romney emerged from the GOP primaries back in the spring.

Gallup’s daily trendline, which remained flat during and immediately after the Republican convention, has spiked in Obama’s favor over the last few days; as of Sunday afternoon, his lead was five points. He’s also pulled a few points ahead in Rasmussen’s daily poll, which has tended to be more Romney-friendly than other surveys, grabbed a four-point lead in a Reuters/Ipsos poll, and seen his job approval rating crack the 50 percent mark. A PPP poll released Sunday night also showed Obama hitting 50 percent in Ohio…..

The movement in Obama’s direction reinforces a point that many neutral campaign observers have been reluctant to make for months now: The presidential race is not, and has not been, a virtual tie – Obama is, and has been, winning.

More here

Thanks BWD

04
Sep
12

Better Off? Yup.

LA Times: Consumers bought cars at a steady pace in August as the automobile industry continued to help anchor the U.S. economy.

“August continues this summer’s trend of healthy growth,” said John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates.

…. General Motors Co. said its U.S. sales rose 10% to 240,520 in August compared with the same month a year earlier.

Ford Motor Co. reported that sales increased 13% to 197,249 vehicles as shoppers gravitated to smaller cars.

…. Chrysler Group said its sales rose 14% to 148,472 vehicles compared with the same month a year earlier. It was the automaker’s best August sales since 2007.

More here

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ThinkProgress

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LA Times: Nationwide home prices shot up 3.8% in July, making their largest year-over-year leap since 2006…. The gain marks the fifth straight rise in the gauge, part of a positive swing following a year and a half of slumps. The last time prices rose so much was in August 2006, when they jumped 4.1%.

Prices in California bounded up 4.4%. Without distressed sales – including foreclosures and short sales – national prices were up 4.3% compared with last July.

The report, coming as a glut of house-hunters clamor after a shrinking inventory, suggests that the real estate market is “clearly seeing the light at the end of a very long tunnel,” said CoreLogic Chief Executive Anand Nallathambi in a statement.

More here

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@CharlesMBlow

22
Aug
12

Chat away

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President Barack Obama talks with Senior Advisor David Plouffe on Air Force One during the flight to Columbus, Ohio, Aug. 21, 2012. (Official White House Photo by Pete Souza)

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The First Lady is speaking now in Florida (5:50 ET):

CNN

01
Jun
12

Drive on!

SacBee: General Motors Co. says its U.S. sales rose 11 percent in May on strong sales of trucks and the new, pint-size Chevrolet Sonic.

GM sold 245,256 cars and trucks in May, its highest monthly total since the Cash for Clunkers deal in August 2009.

Sales of small cars rose 16 percent compared with last May thanks to the Sonic subcompact. Buick sales rose 19 percent due to demand for the new Verano small car.

Pickup truck sales were also strong as construction activity picks up. Chevrolet Silverado sales rose 22 percent.

Obama campaign co-chair and ex-Ohio Gov. Ted Strickland:

“Today’s report that the auto industry is surging ahead is good news for our state and the 1 in 8 Ohioans who depend on the auto industry for their livelihood. Despite what the polls, pundits, and prominent Republicans like Mitt Romney said, President Obama bet on the American worker to spur the comeback of the American auto industry. Now, we have a critical choice in this election between President Obama, who is fighting for us and working to create an economy built to last, and Mitt Romney who would have ‘Let Detroit go bankrupt,’ with devastating consequences for Ohio.”

10
May
12

“I think this is one of his Etch-a-Sketch moments”

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19
Apr
12

rise and shine

President Obama sits on the famed Rosa Parks bus at the Henry Ford Museum following an event in Dearborn, Mich., April 18 (Pete Souza)

“I just sat in there for a moment and pondered the courage and tenacity that is part of our very recent history but is also part of that long line of folks who sometimes are nameless, oftentimes didn’t make the history books, but who constantly insisted on their dignity, their share of the American dream.”

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Detroit Free Press: The good economic news has been stacking up for Michigan.

On Wednesday, the state reported that the unemployment rate fell to 8.5% for March, a level not seen since August 2008 and down 2 percentage points from a year ago. The jobless rate in metro Detroit fell to 9.4%, down 2.3 percentage points from a year ago.

…. And a PNC Bank survey of small companies in Michigan found that 35% plan to hire full-time or part-time employees sometime in the next six months …. worker rolls have increased across various industries, with the U.S. Bureau of Labor Statistics reporting 22,000 more workers in southeast Michigan this year than last year.

…. That increase in workers is partly responsible for a first-quarter, 47% increase in housing starts in southeast Michigan when compared with the same three months last year….

More here

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Today:

2:20: PBO welcomes the BCS National Champion University of Alabama Crimson Tide to the White House to honor their 14th championship

4:20: PBO attends a campaign event in DC (closed press)

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National Journal: A big lead among women voters is fueling a slight advantage for President Obama in the early phase of his contest with likely Republican nominee Mitt Romney, according to a poll published Thursday morning by Quinnipiac University.

In line with other national polls published this week, the new Quinnipiac poll showed Obama with a narrow lead over Romney, in this case, 46 percent to 42 percent. Among women, Obama’s enjoys a yawning lead of 49 to 39 percent….

More here

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Cagle

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ThinkProgress: As part of his attempt to appear more relateable, presumed GOP nominee Mitt Romney sat with a handful of regular, working Americans in Pennsylvania today to discuss their plight in the struggling economy. But the Romney campaign may not have vetted the attendees to make sure they were sufficiently anti-tax before giving them access to the candidate and his picnic table full of lemonade and pretzels.

More here

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Cagle

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Charles Pierce: Things In Politico That Make Me Want To Guzzle Antifreeze, Part The MCLIV

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Business Insider: Despite the ground Mitt Romney has gained in recent polls, he will be in the record books for a statistic he would probably rather forget.

Romney is the least likable presidential candidate in 30 years, according to a Washington Post/ABC News poll. Since Walter Mondale. And he is the first candidate ever that more people view unfavorably than favorably.

More here

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Cagle

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Morning everyone 😉




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