[Son House]

Seems like the working poor and lower middle class are being left out of this year's recovery summer.

[grey_whiskers]

They do realize that Caterpillar alone -- hardly a "bleeding edge" company -- spent almost four times this amount on R&D all by itself last year alone, right?

And they spent EIGHTEEN times this amount on wages during the same time?

Smells like a payoff to some connected friends.

It is terrible to contemplate how few politicians are hanged -- G. K. Chesterton

Cheers!

[KoRn]

Well hell, that’s easy then!

Why not just spend a $billion and straight up DOUBLE our manufacturing?!

Not sure why he would only half assed do it....

[harpu]

"Obama Pledges $500 Million To Reinvent U.S. Manufacturing"

More borrowed money (DEBT) distributed to OBozo's contributors that will not be accountable.

[MulberryDraw]

What is needed is to reinvent government. If only industry could teach government how to consolidate and downsize, then we’d have hope and change we could believe in.

[mvpel]

The manufacturers initially involved in the AMP will be Allegheny Technologies, Caterpillar, Corning, Dow Chemical, Ford, Honeywell, Intel, Johnson and Johnson, Northrop Grumman, Procter and Gamble, and Stryker.

Odd that Raytheon, in MIT's back yard, isn't involved, considering a $1.7 billion manufacturing contract for Patriot PAC-3 that was just landed for the huge manufacturing facility in Andover, Mass., and was rated #1 by a wide margin in the sensors category by Aviation Week... but then perhaps the leadership was astute enough to run the other way when Obama dangled the baby carrot.

[lowbridge]

500 million dollars down the drain

[aruanan]

"We need to reinvigorate our manufacturing sector to lead the world," Obama said in the speech. "We need to do it now. Not sometime in the future. Now."

Well, I guess the dumb-ass was too busy paying off his constituency groups (the unions and Acorn) with stimulus money to think of doing this then.

"Linking manufacturers with the latest cutting-edge research at universities and federal agencies is one step in brightening the prospects for American manufacturing. But we can't stop there.

Manufacturers have always been trying to find whatever latest cutting-edge research would give them an edge, unless, of course, they were being run by accountants and lawyers who thought it would be better to squeeze out the last 10 or 20% of, say, an aged steel mill's theoretical production capacity than to invest in a modern steel mill.

[SueRae]

Only liberal universities and union blessed organizations need apply...

[lowbridge]

"If we are to grow our economy, we need a strong manufacturing sector," Obama said. "These investments we make today will create jobs in current industries and spur the growth of new ones."

An Anti-Business President

U.S. Chamber echoes anti-business attacks on Obama, Democrats

Inhofe: Obama Trying to Kill Oil and Gas, Force Green

[PSYCHO-FREEP]

Ever notice that when Obama confiscates our wealth and redistributes it into his Marxist State without our knowledge or approval, he calls it an “Investment”.

Obama was correct about being “transparent”, but not in the sense that he is aware of.

[don-o]

We need more robots

Guy goes into a bar, there’s a robot bartender.

The robot says, “What will you have?” The guy says, “Martini.” The robot brings back the best martini ever and says to the man, “What’s your IQ?” The guy says, “168”. The robot then proceeds to talk about physics, space exploration and medical technology.

The guy leaves, but he is curious, so he goes back into the bar. The robot bartender says,” What will you have?” The guy says, “Martini”. Again, the robot makes a great martini, gives it to the man and says, “What’s your IQ?” The guy says, “100.” The robot then starts to talk about NASCAR, Budweiser and John Deere tractors.

The guy leaves, but finds it very interesting, so he thinks he will try it one more time. He goes back into the bar. The robot says, “What will you have?” The guy says, “Martini”, and the robot brings him another great martini. The robot then says, “What’s your IQ?” The guy says, “Uh, about 50.” The robot leans in real close and says, “So, you people still happy you voted for Obama?”

[Bean Counter]

“...but the effort will be futile unless our manufacturers also have a solid foundation of support for challenges like unfair trade practices, currency manipulation, developing a skilled workforce, and a more efficient infrastructure. “

In other words, this is yet another program that will be used to promote Unionism, which is the Left’s answer to anything and everything having to do with “manufacturing”. By default, without the government’s help, a private employer is engaging in some sort of “unfair labor practice” and deserves to have someone looking over his shoulder at every move he makes.

And just where does the money for this come from?? Are we looking at yet another Czar...??

[Wildbill22]

If you want government to help industry while also executing it’s other constitutional duties to defend us from external enemies? Then put that half billion toward another Ford class aircraft carrier or Ohio class SSBN replacement.

Don’t waste it on crony capitalist syndicates like this. This just breeds corruption and encourages waste of our tax money.

[jennychase]

3.8 Billion for Pakistan to do shopping in China and only $500 million to Americans.

[upchuck]

The universities involved in initially in the program are the Massachusetts Institute of Technology, Carnegie Mellon University, Georgia Institute of Technology, Stanford University, the University of California-Berkeley and the University of Michigan.

I wonder if Jeff Immelt feels left out?

[Cheerio]

WHY do we need a Fed Gov to “Invest” in manufacturing? I thought that is what investors and the private sector did. NASA used to be utilized to develop Space and Aircraft technologies, but boy king barry has changed NASA's charter to make Muslims “feel good” about themselves.

[dagogo redux]

What a tool.

[Lorianne]

Where’s the 500 mill coming from?

[RatRipper]

While $5 billion went to Soros to drill for oil off the coast of Brazil. The arrogant prick/punk is making fun of the stupidity of the American people.

[blueunicorn6]

More money laundering for the Democrat party.