Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts

Friday, April 22, 2011

Obama Could Rebuild American Cities If...


Barack Obama

Many cities in America have been negatively impacted by the turbulent economic times we live in. However, the city of Detroit, Michigan, has fallen into a state of disrepair, blighted by urban decay, more than any other major city in America. This is due to the ongoing financial crisis that hit the Motor City hard, as many of its citizens' worked in the automotive industry.

Years ago, GM (General Motors), employed 600,000 workers in Michigan. Fast forward to the present and the company has far less employees. Many beautiful buildings in Detroit, are now dilapidated and disintegrating, as there are no revenues and earnings to maintain them.

If President Obama ended the wars in the Middle East and Libya, he could use a portion of the funding from said military action, to build up Detroit, providing jobs and refurbished churches, homes, schools and businesses. Isn't it better to build up America, than bomb other nations.

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Thursday, April 22, 2010

Obama Being Blamed For U.S. Economic Woes


U.S. President Barack Obama's popularity has taken a massive dive, as he is catching up with former President, George W. Bush, in the blame department, regarding the ongoing financial crisis rocking America.

Where Bush precipitated the problem with the terrible management of the nation's finances and massive spending, Obama has exacerbated it with unruly, socialist spending, not suited to the U.S. economy.

Some good news in the midst of troubling financial headlines: GM repaid $8 billion of the bailout money it was given, 5 years in advance. Well done to GM.

Bush still gets blame for economy, but Obama catching up

April 21, 2010, 6:07 PM EDT - Former President George W. Bush still gets most of the blame for the nation’s current economic ills, but the government’s current chief executive is catching up, according to a Gallup poll released Wednesday.

President Barack Obama takes at least a moderate amount of blame among half those surveyed by Gallup late last month, up from 32% when Gallup last asked the question in July. The survey of 1,033 adults shows that 26% think Obama should take a “great deal” of the blame while another 24% believe the current president shoulders a “moderate amount.” Fifty percent say Obama gets little or no blame...

http://blogs.marketwatch.com