For those following this year's Presidential election festivities (as well as keeping tabs on the GOP's ongoing record-breaking race to obstruct, deconstruct, vilify & destroy all possible progress in the United States), there's a possible minor news item that may be seized upon by the Right to try and take the wind out of the sails of President Obama's re-election bid.
The President is running on job creation, saving the auto industry, rebuilding the economy & creating new energy initiatives (among other things), and up to now his record hasn't been bad. Recent news from GM, however, may give some of the opposition party something to grab onto:
General Motors Co. said it will halt production of its Chevrolet Volt plug-in hybrid car for five weeks in an effort to control its inventory. The car maker had a stock of about 6,300 Volts on hand at the end of February.
Apparently, this will lead to the layoff of 1,300 workers. Make the jump»
After watching President Obama and the Democratic party water down healthcare reform with the help of AHIP and seeing them get insurance corporations some serious corporate welfare, water down FineReg with the help of the Bankers that destroyed the world economy by propping them up with trillions of dollars worth of free money so they could keep on rolling in their bonus money and profits, I am finding it hard to see how this can possibly lead to anything good in any way, shape or form:
President Barack Obama is preparing new overtures to business that may start with a walk into the headquarters of the U.S. Chamber of Commerce and a retreat with corporate chief executive officers, according to people familiar with his plans.
The Obama administration has been at odds with the Chamber, which fought Obama’s health-care and financial regulatory overhauls and committed $75 million to political ads in the midterm congressional elections, mainly directed against Democrats. The CEO summit would be a way to address complaints from some executives the Democratic administration is anti- business.
Markos at Daily Kos hits the nail on the head with this one: Make the jump»