Friday, June 3, 2011

Globe Driving Political Diversions

Front page stuff:

Officially in, Romney all about the economy

Republican Mitt Romney launched his second bid for the presidency yesterday by focusing almost entirely on jobs and the deficit, saying the country needs someone with a business background to fix the ailing economy overseen by President Obama.

Palin hits town to pick her spots, take her shots

Trailed by a horde of media, an impersonator, and autograph seekers, Sarah Palin blitzed through Boston yesterday, touring several historic sites and cheerfully skewering Mitt Romney on his home turf on the day of his 2012 presidential campaign launch.

Also see: Giuliani considers making a second run for presidency

Oh, hey, Rudy: 

Who Told You the WTC was Going to Collapse on 9/11?

We Need Answers Rudy

A co-conspirator to become president? 

And the guy currently sitting in the office?

"Obama seeks edge from role in auto bailout; Controversial decision may pay off politically" by Mark Arsenault and Donovan Slack, Globe Staff / June 3, 2011

WASHINGTON — Having come to the rescue of the American auto industry, President Obama is looking to collect a political advantage from a big risk that paid off.

In early 2009, when the new president steered billions in tax dollars to General Motors and Chrysler, 72 percent of Americans opposed more emergency loans to the Detroit auto giants.

This government never does what we want.   It's AmeriKan democracy!

 Obama’s decision to defy public opinion and expand the bailouts begun under President Bush was seen by pundits as a potential threat to his reelection. 

I thought you elected change (and not that kind), America.

Two years later, General Motors Co. is making money again and adding jobs....  

Related: GM posts $4.7b profit, its first since ’04

Citing oil's cost, GM raises prices

So how are you doing, American?

Ron Bloom, assistant to the president for manufacturing, at a White House briefing Wednesday, declined to predict how much money taxpayers stand to lose when the bailouts are wound down.

And this is somehow a "win" for Obama? 

To date, only $40 billion has been repaid to the government. Another $40 billion is tied up in stakes in GM, Chrysler Group and Ally Financial, the country’s largest provider of car loans.

But Bloom said those numbers do not account for what the country gained....   

You guys are incredible!

Gained and saved jobs, but where? 

Related:

Pinched by fuel, shoppers pull back elsewhere

US job growth could be slowing

Flextronics to lay off 250 in Massachusetts 

IRobot gets a $14.1m Navy order

War economy! That's where the JOBS are!

The outcome of the 2012 presidential contest could rest with the Rust Belt — and the states of Ohio, Michigan, and Indiana, which Obama won in 2008. Ohio stands out as a bellwether: No candidate since Democrat John F. Kennedy in 1960 has won a presidential election without carrying Ohio, and the administration is aware that the Rust Belt swung hard toward Republicans in the 2010 election....

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