President Obama calls out Republicans for fighting rebuilding the economy ...

[JohnWxy]

Hello everyone. I’m speaking to you from the GM auto plant here in Detroit, Michigan, where a hopeful story is unfolding in a place that’s been one of the hardest hit in America.

In the twelve months before I took office, American auto companies lost hundreds of thousands of jobs. Sales plunged 40 percent. Liquidation was a very real possibility. Years of papering over tough problems and failing to adapt to changing times – combined with a vicious economic crisis – brought an industry that’s been the symbol of our manufacturing might for a century to the brink of collapse.

We didn’t have many good options. On one hand, we could have continued the practice of handing out billions of taxpayer dollars to the auto industry with no real strings attached. On the other hand, we could have walked away and allowed two major auto companies to go out of business – which could have wiped out one million American jobs.

I refused to let that happen. So we came up with a third way. We said to the auto companies – if you’re willing to make the hard decisions necessary to adapt and compete in the 21st century, we’ll make a one-time investment in your future.

Of course, if some folks had their way, none of this would be happening at all. This plant might not exist. There were leaders of the “just say no” crowd in Washington who argued that standing by the auto industry would guarantee failure. One called it “the worst investment you could possibly make.” They said we should just walk away and let these jobs go.

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As we work to rebuild our economy, I can’t imagine anything more common-sense than giving additional tax breaks and badly-needed lending assistance to America’s small business owners so they can grow and hire. That’s what we’re trying to do with the Small Business Jobs Act – a bill that has been praised as being good for small businesses by groups like the Chamber of Commerce and the National Federation of Independent Business. It’s a bill that includes provision after provision authored by both Democrats and Republicans. But yesterday, the Republican leaders in the Senate once again used parliamentary procedures to block it. Understand, a majority of Senators support the plan. It’s just that the Republican leaders in the Senate won’t even allow it to come up for a vote.

That isn’t right. And I’m calling on the Republican leaders in the Senate to stop holding America’s small businesses hostage to politics, and allow an up-or-down vote on this small business jobs bill.

Mr. PResident you need to do MORE of this calling out of Republicans for undermining America's recovery from this REPUBLICAN DYSTOPIA caused by the Deregulation Disaster. The Republicans have voted against every Unemployment Insurance extension , every stimulus bill and now even against the Small Business Assistance bill... all of which are made necessary because of Republican stupidity.

Full text of speech. http://www.whitehouse.gov/the-press-office/weekly-address-president-obama-hails-successes-restructuring-auto-industry-calls-go

[pretzel4gore]

1. but Mr President, the privilege of the FEW

must take precedence over needs of the MANY. Not in bizness (who cares about that?) but in operations of news/info media. ONLY the RIGHTWING POV can be seen or heard by the american people. Once that's done, then the thieves, ahem, i mean 'busnizmen' will take care of the nations' bizness.
Btw, who killed the electric car? GM you say?

[JohnWxy]

2. OurPresident is indeed having a difficult time getting a clear statement of anything he has proposed

through the corporate media, GOP echo-chamber un-adulterated by right wing spin.

[Kweli4Real]

3. In fact ...

It appears that our president is having a hard enough time getting his message, and accomplishments, through to some folks right here. It seems that we, democrats/liberals/progressives have a very short attention-span; where nothing is ever enough; unless of course, it directly addresses the narrowly viewed single issue that we want.

[Recoverin_Republican]

4. you should know that many Republicans have come onto this site to create the impression

of disagreement and dissension within the ranks where it does not really exist.


Just a little 'heads-up'. __RR