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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (662362)7/17/2012 10:09:44 AM
From: jlallen  Respond to of 1583677
 
Job losses in January 2013:

foxnews.com



To: puborectalis who wrote (662362)7/17/2012 11:14:12 AM
From: i-node1 Recommendation  Respond to of 1583677
 
That graph is a little too convenient. Here's the current version. Typically, sharp recoveries follow sharp downturns. Not this time. Liberal policy of taking money to the trash barrel just don't work.

This is the record Obama doesn't want to run on. We're three years into this "recovery" and we still aren't close, 3 years hence, to having recovered the jobs lost between the time it became apparent Obama would win the election (which really killed the economy) up through the months after he took office.




To: puborectalis who wrote (662362)7/17/2012 11:25:21 AM
From: longnshort2 Recommendations  Respond to of 1583677
 
Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car
By Seton Motley | July 17, 2012 | 09:54




The Jurassic Press is missing much in their reporting on the $50 billion bailout of General Motors (GM). The Press is open channeling for President Barack Obama - allowing him to frame the bailout exactly as he wishes in the 2012 Presidential election.

The President is running in large part on the bailout’s $30+ billion loss, uber-failed “ success.” And the Press is acting as his stenographers. An epitome of this bailout nightmare mess is the electric absurdity that is the Chevrolet Volt. The Press is at every turn covering up - rather than covering - the serial failures of President Obama’s signature vehicle.

The Press has failed to mention at least five Volt fires, myopically focusing on the one the Obama Administration hand-selected for attention.

The Press has failed to mention that the Volt fire problem remains unsolved. Is it the battery? Is it the charging station? Is it the charging cable? All of the above?

GM and the Administration don’t know. And the Press ain’t breaking their necks trying to find out.

In more recent news, the Press has almost as one hailed the June Volt sales increase.

GM's Volt Sales Up in June

Surprising June Sales for Volt

Chevy Volt Leads US Plug-In Car Sales

Chevy Volt Sales Increases

Volt Records Second-Best Sales Month

The Press has for the most part failed to mention how pathetic this “second-best sales month” actually is. And even when one Dinosaur does, the unwarranted enthusiasm is palpable.

GM sells 1760 Volts in June, double from 2011

Wow. Huge number.

The Press also fails to put this pathetic tally in perspective.

The Chevy Cruze is basically a Volt without the dead-weight, flammable 400-lb. electric battery. Which makes it $17,000, rather than the Volt’s $41,000.

Chevy in June sold 18,983 Cruzes - more than ten times the number of Volts. And that’s down 1/3 from last June’s 24,648.

But that feeble Volt tally has the Press all revved up.

And speaking of the Volt’s ridiculous $41,000 sticker price:

According to multiple GM executives there is little or no profit being made on each Volt built at a present cost of around $40,000. Furthermore, the $700 million of development that went into the car has to be recouped.

Get that? GM makes “little or no profit” on the Volt.

So it makes perfect sense that GM would spend millions of dollars advertising it, does it not? No ideological or campaign intent there, eh President Obama?

Look, I get it, it’s fun. I just spent $1 million - of your money - advertising free air. On which my profit margin is just as good as GM’s is on the Volt.

Only my ads didn’t have a song, or a dance. We just aren’t as cool as the Volt.

I mean, it’s so cool - it can travel back in time to inspire the production of cars before it even existed.

I mean, it’s so cool - it can travel back in time to offer the exact same technology as a car from 1991. And the exact same electric battery range as a car from 1897.

We’re talking retro-grade cool.

But wait - there’s so much more.

(A)dd $240 million in Energy Department grants doled out to G.M. last summer, $150 million in federal money to the Volt’s Korean battery supplier, up to $1.5 billion in tax breaks for purchasers and other consumer incentives, and some significant portion of the $14 billion loan G.M. got in 2008 for “retooling” its plants, and you’ve got some idea of how much taxpayer cash is built into every Volt.

Speaking of those “tax breaks for purchasers and other consumer incentives” - as of November of last year that tally all by itself was $250,000 per Volt sold.

And that excruciating pain is ongoing. Again, a Volt sold makes GM no money - but costs We the Taxpayers a $7,500 bribe - I mean “incentive.” Oh - and President Obama wants to jack that bribe to $10,000 per.

I guess it’s good news after all that Volt sales remain so anemic.

And with GM’s new 60-day return policy, it looks like you can buy a Volt and cash the $7,500 bribe check. Then return the Volt - and keep the $7,500 bribe cash. How’s that for Taxpayer coin stewardship?

Keep all of this outrageousness in mind when next the Jurassic Press joins with the Obama Administration in celebrating the Chevy Volt.

But it (allegedly) helps President Obama get reelected. And nothing would make the Press happier - and for that there’s (almost?) nothing they won’t do.



Read more: newsbusters.org



To: puborectalis who wrote (662362)7/17/2012 11:54:38 AM
From: longnshort1 Recommendation  Read Replies (4) | Respond to of 1583677
 
Brides Not A Big Fan of Obama's Wedding Registry Fund-Raising Strategy Topics:
And by saying that brides are not big fans of Barry;s wedding registry fund-raising strategy, what's really meant is that its a complete flop:

The desperate initiative, dubbed "the Event Registry," is being mocked by event planners and couples -- and shows how desperate the Obama campaign is to keep up with GOP contender Mitt Romney's fund-raising. Campaign officials launched the initiative in late June, the same month Obama raised just $71 million compared to Romney's $100 million.

So far, "the Event Registry" has been all but ignored on social-media sites -- even though Facebook, Twitter and other networks have been a strong suit for the Obama campaign.

... wedding industry pros called the ploy tasteless and divisive.

"Tasteless and divisive," indeed ... as has been everything about this presidency.



To: puborectalis who wrote (662362)7/17/2012 2:43:30 PM
From: steve harris1 Recommendation  Read Replies (1) | Respond to of 1583677
 
Hell of a mess after the democrats took over in Jan 2007 isn't it?

Thanks for posting......



To: puborectalis who wrote (662362)7/17/2012 3:12:59 PM
From: Bill  Respond to of 1583677
 
What was it the three years prior to Pelosi/Reid?