Posted on 08/09/2012 5:14:37 PM PDT by Kaslin
Bailouts for everyone! That's the latest push coming from President Barack Obama's lips. During a campaign event in Colorado today, Obama touted his "successful" bailout of the auto industry.
President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.
“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
I'm just old enough to remember when we had clerk/typists in the US government. Today every analyst, officer, manager, executive ~~~~~ had better know how to use a computer to write his own stuff.
I saw a truck engine plant I used to work in taken from 5,000 employees down to about 500 employees (over 30 years) and actually increase it's truck engine production volume.
None of those jobs went overseas ~ they simply disappeared!
Despite much criticism, some well deserved, the Romney campaign appears to be fairly well disciplined and will make devastating use of this admission by Odumbo of his plans, like his recent self-destructive “you didn’t build that” clarification of his view on American entrepreneurship. The war chest is building - our Dear Reader’s mind is being played by the Romney campaign so he will continue to make these crazy statements as he grasps for anything that he thinks might excite his useful idiots, but which thinking people will see through when the real campaign begins (God help us have enough voters that take a few minutes to actually consider what another Obama term would mean).
Hope you are right.
This ‘joker’ gets me more confused every day.
Wasn’t the function of Bain to use money to prop up failing companys, those that couldn’t ‘keep up’ went under and those that were able survived.
The big difference here is that Bain used his own INVESTORS money.
Now ‘we’ are supposed to vilify Romney for earning a living by making investments work and the weak fell by the wayside. AGAIN the only difference is that BO wants to do it using OUR money and I would like to see a list of these companies he wants to save....How many do you think are Non-Union.
He’s a Chavez wanabe.
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He really doesn’t have a clue, does he?
I guess he was hanging with his Marxist buddies while he should have been in Econ 101 class.
The uhh...People Who Post on Free Republic Industry could really use a bailout (shh, don’t spoil it, this might be the only way we see any of our taxes come back to us).
Also the greatest source of job creation. You ignore the fact that the IT and EE sectors sprouted and grew at the same time.
Obama's trying to buy off large corporations - groups that have started to turn against him.
In the Chicago Way’ ...
Obama will bribe companies with promises they'll get lots of customers when the government 'kicks in' to help buy their stuff.
The problem - there's no free lunch. The money has to come from somewhere - dems will borrow money from China ... oops, not China - the Chinese have figured out the scam - they're not buying our 'debt' anymore.
That means we have to 'borrow' from ourselves... put the debt in our name...
Obama and the dems will tack on the price of the 'free stuff' (twice what they ‘give’ you) to YOUR 'credit card'. Yep, we'll have to pay it back in increased inflation, higher taxes, and lost jobs... Is that a deal or what?
There are a number of ways to look at this, but if you ever worked in one of the early industrial NON MECH Operations, you'd know ~ that's the one where you have a steel tray or heavy wooden box. You fill it with parts and then you carry the tray or box to the next stage in the production line or assembly area.
Then there was the job where you pulled on a long continuous belt feed chain to open the windows on the roof for a hot day (No AC in those factories ~ still aren't).
Mechanization might consist of nothing but an overhead track from which hung some chains attached to a table or bar. You could place parts on the table, or hang them from the bar, and then move them around the plant.
Automation happened when the overhead track mechanism got a motor! Computerization happened when a solid-state switch was installed to allow the operator to remotely stop or start the motor running the track trollies overhead.
Robotics, way down the line, is achieved when the track trollies sense a full load and start up taking it to the next stage on their own.
You could have started out with a rods and caps line in an engine factory where you had 250 employees, and in 15 years of development that could have been down to 5 employees (1 technical supervisor and 4 sweepers).
Productivity improvement holds open the possibility that the United States can become the world's lowest cost producer of almost everything.
Those folks in his campaign, though, have NO more experience in manufacturing or trade than Obama ~ although Obama was involved in the shut down and replacement of THREE steel mills on the South Side of Chicago.
Say, didn't Bain find itself on the losing end of the closure of the old tech in the steel industry? Maybe Romney and Obama could debate the best way ~ do you put more money in the mill, or sell off the pieces?
90 million people not working and the lowest amount 40 years. Hello to Obama’s Spokesmen and the media with regard to Carrier.
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