'the flood of domestic tires'..lol..obama was on point last night..:rolleyes:

^^^ unawares that's a "real" thing.

missed the point as he then corrected self..as usual..:wf

So ... you're upset he misspoke then immediately corrected himself? And you think that's a terrible thing?

:zz:

I'll bet you got a kick, though, when Schieffer said "Obama bin Laden" :p;)

your going to be upset when your boy goes down...by alot.

LOL Remember Reagan vs. Mondale in 1984?



Won't be that extreme, but watching Chris Matthews have a nervous breakdown on live TV would be amusing.

I would be surprised.

Obama is tied or up in every swing state poll, up by a lot in the swing states Romney would need to win, and Romney simply doesn't have any feasible path to 270 electoral votes.

The election has been over for three months, basically.

Romney knew it was over last night, sitting in a pool of flop sweat, as he went quiet the final half-hour of the debate.

Since I am in the tire biz, let me tell you about the tire tariff. The main net result of saving "1000" domestic tire jobs is that millions upon millions of American consumers have been getting screwed. Tire prices are outrageous. When this was levied on Chinese tires, all others companies took advantage and sent their prices up a proportionate amount, screwing consumers. American retailers then started stocking as their low cost tires, products made in Indonesia, Yugoslavia, as well as many other God-forsaken places. This screwed consumers as well, as many of these tires are of way inferior quality to Chinese products. Did any of this benefit retailers? No, higher costs have been passed right on down the line, the only beneficiaries are the tire companies themselves. When the govt. tampers with the free enterprise, like Obama did in this instance, we all lose.

That is true to the point of being axiomatic. :tro:

So, you two guys are against any trade restrictions or tariffs at all against imports?

Because American retailers choose then to "screw their customers"?

Ummmm.... AZ,CO,FL,NC,VA are all now trending to the GOP. IA, WI and OH are the closest to Red that they've been since Reagan. keep staring at your Huf-Po super duper scientific numbers, dolt.

Your smugness is only surpassed by your ignorance. Good luck, again I hope Romney wins because of you.

As The New American recently reported, A123 had announced a deal with Wanxiang Group Corporation that would have seen the Chinese auto parts maker invest up to $465 million in A123 and take control of its operations. That deal, however, fell through “as a result of unanticipated and significant challenges to its completion,” according to A123 CEO David Vieau.

One of those challenges came from Sens. Charles Grassley (R-Iowa) and John Thune (R-S.D.), who last week wrote Vieau to express their concern that taxpayer dollars or the technologies developed with them might end up in the hands of a foreign company.

Like the now-infamous Solyndra, A123 Systems, Inc. was a beneficiary of politicians’ fondness for spending taxpayer dollars on so-called “green energy” projects in defiance of economic reality. In 2007 the company, then just six years old, received a $6-million grant from the Bush administration; two years later it got the $249 million from the Obama DOE, of which it has spent $123 million to date. It also raked in $238 million from Michigan taxpayers. Michigan’s then-Gov. Jennifer Granholm, a Democrat, lobbied the Obama administration for the 2009 federal grant.

“In 2010,” reports the Detroit News, “President Barack Obama invited the CEO of A123 to the Rose Garden to tout the impact of green jobs and he said the company would add more than 3,000 jobs by the end of 2012.”

Obama also called Granholm and A123 employees “to congratulate A123 Systems on this tremendous milestone” (obtaining the DOE grant).

“This is about the birth of an entire new industry in America — an industry that’s going to be central to the next generation of cars,” Obama said.

“For a long time, our economic policies have shortchanged cutting-edge projects like this one and it put us behind the innovation race,” he declared. “And so we're starting to reverse that slide. And anybody who doubts that has to go and see what you guys are achieving…. The work you’re doing will help power the American economy for years to come.”

Obama also thanked Energy Secretary Steven Chu “for his extraordinary work to get the money out the door quickly and wisely.”

Quickly, yes. Wisely, no.

Just as happened with Solyndra, economic reality finally caught up with A123, as Forbes’ Martin LaMonica observes:

Despite having world-class battery technology, A123 Systems suffered from a lack of demand for its electric vehicle batteries. Although the technology has improved and the prices have come down, batteries are an expensive component and mean higher upfront costs for consumers. Sales data [show] that consumers have been showing more interest in plug-in hybrid and hybrid vehicles, over all-electric cars which have a limited driving range.

In addition, A123 had to recall batteries it had produced for a luxury car manufactured by Fisker Automotive, another federally subsidized company, because they failed in the middle of a test drive. That move, notes Bloomberg, “cost A123 $55 million and helped put it on the financial brink.”

The company never created the 3,000 jobs Obama claimed it would; it has only about 1,763 active employees, and some of those were hired before 2009. And, of course, it is hardly driving the economy — at least not in the direction the president had hoped.

A123’s bankruptcy could not come at a much worse time for Obama. He is already under fire from his Republican opponent, Mitt Romney, over earlier green-energy “losers” his administration has bankrolled. To compound Obama’s woes, some of those companies are also making less-than-positive news this week, notes the Wall Street Journal's Tom Gara:

Tomorrow [October 17], bankrupt solar panel maker Solyndra is due to have its reorganization plan evaluated by a court, which may approve it and allow the company to emerge from Chapter 11 as a shell company whose main asset will be large “tax attributes” — losses that can be used to offset future tax payments. Electric car maker Fisker yesterday [October 15] said it had delayed the production of its Atlantic sedan, which was planned to be made at a former GM factory in Delaware.

Add to that the fact that, writes Bloomberg, “top A123 officials have contributed to Democratic political candidates including Obama,” and Romney’s charges of “crony capitalism” in the administration’s green-energy program stand a good chance of sticking.

Romney’s running mate, Rep. Paul Ryan (R-Wis.), has called for the elimination of all green-energy subsidies. Ryan is correct, though not just because the subsidized companies have tended to fail. Even backing winners is unconstitutional.


heres a great example of obamas outstanding green pork!!

Matt -

http://www.derbytrail.com/forums/showthread.php?t=48769

check out Zig's post where she lists every one of these fails.

A trillion dollars - that was supposed to go to repairing our infrastructure and actually getting America back to work - pissed away like a 10 year old with a checkbook.

If the retailers screw their customers (charging prices in excess of what supply and demand would dictate), they will pay the price. Their business will suffer.

The marketplace tends to be efficient and self-regulate so that the consumer gets the best product and the most competitive price. When capitalism is left alone that is.

As for tariffs - not fond of them. However, some countries heavily tariff our goods that we export, so a reactionary tariff might balance it out. Most preferable would be truly free trade of course, but that's only possible when all governments involved in the trade transaction disavow tariffs.

So the reactionary implementation of tariff could have a law written just like that: "The tariff on an imported good from a particular country will be equal to the import tariff imposed in that particular country on that same good shipped from the United States."

There wouldn't even be any lag, save administrative, in the age of computers within a day. If a country decides to tariff our stuff, they get the same treatment here. If they decide to play nice and eliminate the tariff, ours goes away immediately also.

I've never looked at Huff Post. I look at Nate Silver's 538. Very accurate.

Romney has never been within 3 points of 270 electoral votes since he started running. Nothing changes in the last 2 weeks. Obama will win with about 290.

See, you always have to prove yourself to be a rude d.ick at the end, when you try and talk politics, throwing in personal insults and nastiness. You that insecure and self-loathing?

Yes ... if only half of that old disproven stuff was true.

Well, it is in Obama Derangement Land ;)

Can you name one example of one country that had the economic system you describe, and survived?

You can use historical references, too.

wow..4 more years !!:zz::rolleyes:

A meaningless question.

All forms of government fall. All things die. All of the concepts humans can think of are less than ideal.

Modern capitalism is only about as old as the Industrial Revolution and the age of modern mass production. So showing that empires or governments predating the 1800's have fallen does little to advance your position.

And amazingly his economic plan is more of the same.

Anyone who can consolidate six government agencies and only lose jobs only by attrition has no clue running a business.

And let's not forget Obama is the first President to declare his wife deserves to be paid for being the first lady. Despite self-classifying himself as rich.

That he donated just over $1,000 to charity on a $250K taxpayer paid, salary. Did that former career as a community organizer jade him to private charities?

The fundamental problem/scenario in play here with imports: American widget manufacturing company with $35/hr union employees makes widget, final product raw cost $40. Chinese/Guatemala/Indonesia widget manufacturing company with $2/hr slave labor employees make widget, final raw cost $8. American consumers who are currently broked!cks have no other choice but to buy cheaper product. Not hard to figure out.

So what is the solution?

No, he never said that seriously. He made a joke about First Ladies not being paid. You know, like "59 states"?
Or $41,000. Whatever, huh?

Good lord - save this country from the wing nuts.

Not allow foreign govt's of these competitors to devalue their currency in order for it to appear that their manufacturing is more advantagous?

If there is one thing Romney plans to do that I agree with is that he says he will level the playing field with respect to foreign trade day 1. Could blow up in his face, but the current track just slides us further and further down the slope, so worth a chance - nothing to lose at this point.

I agree with you but it is unenforceable and will lead to currency wars and it won't end well.

http://www.amazon.com/Currency-Wars-.../dp/1591844495

Posted this a bit ago but actions speak louder than words and looky how Harry Reid gets tough on China. Selling out American energy jobs to the Chinese with no middle man! Hypocrites, all of them.

http://www.lvrj.com/opinion/costs-co...164858086.html

Obama is a child. A delusional child who had an invisible father that he romanticized to the point of being chided and laughed at. His father had multiple children with multiple women. His mother was a carpet-bagging headcase who basically would be in scat porn if she were in her prime today.

Disagree? Look at those photos of her...during those times. She was on the cutting edge of sorriness and depravity.

I'm tired of the guy. He's a white guy who hates white people. A product of failed socialist/liberal policies.

And rumor is he received scholarships for being a foreign student. That's bad comb-over guys bombshell tomorrow.

Speaking of a product of failed policies...

http://thehill.com/blogs/blog-briefi...um=twitterfeed

This may be the solution: http://news.yahoo.com/us-may-soon-be...--finance.html

According to the talking heads, many of the companies that relocated to China and other places will eventually come back because of cheap energy to power factories, the American workers that are 3 times as productive as any other workers, better infrastructure and being closer to what is still the world's biggest market.

So maybe an economic recovery doesn't really have much to do with who becomes the next President?