Posted on 01/05/2015 1:19:46 PM PST by KeyLargo
Obama plans to talk manufacturing in Detroit ahead of auto show
By Khalil AlHajal | kalhajal@mlive.com January 05, 2015 at 1:48 PM
DETROIT, MI -- President Barack Obama is scheduled to speak in Michigan on Wednesday and is expected talk about manufacturing jobs, according to the Associated Press.
The visit will come days ahead of the North American International Auto Show in Detroit, which begins with press previews Jan. 12.
The president is expected to highlight manufacturing jobs and his decision to bail out the auto industry in a Detroit-area visit before heading to Phoenix the next day to focus on the housing sector, reports the A.P.
(Excerpt) Read more at mlive.com ...
If I remember right, Ford was one of the few that DIDN’T receive a bailout; they refused. How utterly crass that he chooses their factory to speak...
I completely agree that this was wrong and underhanded. However, it appears that the government came out a little ahead on the Ally deal.
doesn’t really matter, they were robbing the stockholders to benefit the UAW and all that.
Government should never make private loans.
We actually made $2.4 billion on Ally:
http://www.usatoday.com/story/money/cars/2014/12/19/us-tarp-ally-auto-bailout/20659473/
Last shares of Ally were sold last month.
We actually gave Ally $17 billion, and recovered $19.4 billion.
This was the only part of the auto bailout that made a profit.
“Bammy certainly knows how to manufacture stuff...”
Yeah, stuff like alternatives to reality! The pictures he paints are strictly for appearances sake and he has an audience who can’t get enough of that smooth Obama brand taste and I believe that in general, more people than ever have bad taste.
All I know is that up here we’re all waiting for global warming to kick in.
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