Obama launching three-day roadshow in Detroit

[Geee]

The Hill:

White House officials have cast the roadshow as an opportunity for the president to sketch out his vision ahead of the speech later this month while capitalizing on some of the political momentum gained last month.

"We want to keep it going," press secretary Josh Earnest said in an interview with Bloomberg on Tuesday. "And our sense was that part of our success relied upon the president really being forward-leaning and trying to be provocative and lay out some policies and really demonstrate some forward movement. And so we wanted to pick that up right at the beginning of the year by laying out some new policy ideas that the president is going to talk about."

The trip to Detroit comes just weeks after the Treasury Department announced it had reached a deal to sell its last remaining shares in Ally Financial, the former financing arm of General Motors that helped auto dealers’ finance purchases. The sale represented the final government holding from the controversial 2008-2009 bailout program.

[Cyber_Liberty]

Is anybody else amused he's addressing a Ford factory that closed last month?

[nickydog]

I was distracted by picturing the president being "forward-leaning and trying to be provocative."

[Geee]

Is anybody else amused he's addressing a Ford factory that closed last month?

And that his policies were partly responsible for!!!!

[Cyber_Liberty]

 

Is anybody else amused he's addressing a Ford factory that closed last month?

And that his policies were partly responsible for!!!!

 

 

I'm just wondering who he'll be addressing? Will they have to shop downtown Deetroit for some homies to put on buses?

 

I find the Ford stop interesting, because usually factories close down after he speaks there, like Intel in Arizona.

[Geee]

Obama Brags About $10 Bil Auto Bailout At Plant He Helped Idle

 

Bailouts: President Obama is going to Detroit Wednesday to brag about how he saved the U.S. auto industry. What he's really doing is exposing the folly of his industrial policy.

 

Just days before Obama's planned swing through Detroit, the Treasury Dept. reported that the final taxpayer cost of the auto industry bailout was $9.26 billion. That equals $441 for every single car and light truck that GM and Chrysler have sold since 2009.

 

That's an awfully big price tag for Obama to claim bragging rights over.

 

Maybe the outsized bailout cost explains why Obama will give his talk at an assembly plant owned by Ford, which didn't take any bailout money yet somehow managed to survive the recession.

 

Ford did, however, put its hand out for a $5.9 billion low-cost Department of Energy loan, which it used in part to convert that Wayne, Mich., plant from one that made popular SUVs to one that now makes politically correct hybrids and compacts.

 

The problem is that consumers have never been very interested in these kinds of cars, which is evidenced by the fact the plant will be idle when Obama visits. Slumping sales of the Focus and C-Max Hybrid models caused the plant to stop production for three weeks.

 

Small-car sales, in fact, are sagging across the board, while the market share of SUVs and pickups reached a nine-year high in December, according to Edmunds.

 

http://news.investors.com/ibd-editorials/010615-733528-obama-brags-about-auto-bailout-at-idle-ford-plant.htm

[SrWoodchuck]

This is called "Showcasing Progressive Success."

 

Ford...the automaker that didn't require union government salvation...is now blessed by the Emperor, with a coup-de-grace.