Leading GOP Presidential Candidate Mitt Romney cannot stop flaunting his wealth and finds new ways to show how out of touch he is with average Americans. In a speech on Friday in Detroit, Michigan, the city home to the auto industry that he wanted to go bankrupt, he said that his wife Ann drives two Cadillacs. Mitt said he has a Ford Mustang and a Chevy pickup truck. But, in a recent poll, 71% of registered voters believe Romney cannot see the economic realities that average Americans currently face. He lived in Michigan in his youth and his father successfully led this state as its Governor. But, that is meaningless to unemployed workers in Michigan, which has one of the highest rates of unemployment in the country. While someone pursuing the Office of President should be very successful, a man of his wealth ought to do much more in terms of charity or philanthropy than he does in order to connect with people of average income.
http://www.csmonitor.com/USA/Politics/The-Vote/2012/0224/Another-Mitt-Romney-clunker-Ann-drives-a-couple-of-Cadillacs-actually
The Occupy Wall Street Protests that started in September 2011 & and then spread across the nation have highlighted ongoing problems of massive unemployment & income inequality in the U.S. Elected officials, various members of the news media, & even a few of my own friends have mocked this movement. I believe that it is possible to find a different story for every day of the year that answers "Why They Occupy".
Showing posts with label Detroit. Show all posts
Showing posts with label Detroit. Show all posts
Sunday, February 26, 2012
Wednesday, February 22, 2012
Romney: Private Sector Should Have Bailed Out Carmakers, But Bain Didn't Invest (for 2/21/12)
Mitt Romney thought that the private sector should have bailed out GM and Chrysler to save the American auto industry in 2009. Romney thought those companies should have been liquidated, not reorganized in bankruptcy proceedings. No private investors, not even Bain Capital, stepped up and provided the needed capital. While Romney was not at Bain when this happened, the knowledge he gained there should have told him that investors would not step up and bail them out. But, the Obama Administration went ahead and bailed out them out. Romney surely wanted to break the unions and make the Detroit's auto workers take deep cuts in any bailout of the industry. He would not care about the damage it does to Detroit's economy. This will make many voters, especially those in Detroit, reconsider Romney's private sector experience as a strength of his. If the private sector does not step up and hire unemployed Americans, it makes the public suspicious of any candidate who touts his private sector experience.
http://www.dailykos.com/story/2012/02/21/1066929/-Mitt-Romney-says-auto-bailout-should-have-come-from-the-private-sector-But-Bain-refused-to-invest-?via=siderecent
Tuesday, January 10, 2012
Detroit Police Officers & Firefighters Face 10% Wage Cuts Suggested by Mayor (for 11/29/11)
Detroit Mayor David Bing sought to cut his City's police officers and firefighters' pay by 10%. He did this to avoid layoffs. This shows the pressures that the ongoing economic crisis has placed on state and city governments.
http://www.huffingtonpost.com/2011/11/17/police-and-firefighters-t_n_1099900.html?ref=budget-cuts
http://www.huffingtonpost.com/2011/11/17/police-and-firefighters-t_n_1099900.html?ref=budget-cuts
Subscribe to:
Posts (Atom)