Wednesday, February 29, 2012

Mitt: You're STILL Going Bankrupt in Nov! Signed: Barack

Mitt may have squeaked out a win in Michigan (mostly due to stupid statements by Santorum), but as the POTUS reminded U.S. autoworkers on Tuesday, Feb 28:

 

 

 

 

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Posted via email from The Black Liberal Boomer Blog

Friday, February 24, 2012

Mitt's Detroit Appearance at Ford Field Goes Bankrupt

The Motor City Bowl in Detroit, Michigan. Ford...
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The home stadium of the Detroit Lions is Ford Field, named for the Ford Family, of course. It holds about 65,000 people. Mitt Romney had the NERVE to come to Detroit, but knew he couldn't fill the stadium, so his advance team (LOL!) tried to hide most of the empty seats so that Mitt could speak to *only* 1200 and it would look like there were a lot of people at his event.




NOT! There were MORE protesters than attendees at the event. Members of the UAW used American-made cars to spell out Mitt's "Let Detroit Go Bankrupt" headlining 2008 New York Times editorial. Mitt thinks we here in Michigan will forget. We haven't forgotten.


For some context, here is Barack Obama in Denver in August 2008 at the Denver Stadium:


Maybe Mitt should have included some of Michigan's trees in the audience--after all, our trees ARE the "right height"! Yes, he said it again!



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Thursday, February 23, 2012

Let Mitt Go Bankrupt--the Movie

The Obama2012 team has come out with a GREAT commercial about how President Obama and the Democrats saved the U.S. auto industry when Mitt Romney and the Congressional Republicans wanted to destroy it.


Thursday, February 16, 2012

Record PROFIT for GM in 2011


Detroit Headquarters of #1 General Motors Corporation

Thank you President Barack Obama and the Michigan Democratic Congressional Leaders! 



This story is courtesy of the Detroit Free Press Feb 16 2012
General Motors made a record $7.6 billion in 2011, driven by a $7.2 billion profit in North America that ensures its highest profit sharing payments of $7,000 each to its UAW workers. 
Overall, GM’s 2011 profit rose from last year’s $4.7 billion and broke the previous record annual profit of $6.7 billion in 1997. 
Revenue for the year increased 11% to $150.3 billion and earnings before interest and tax was $8.3 billion compared with $7 billion in 2010 
The full-year results were hampered by Opel, its European unit, which lost $700 million – a $1.3 billion improvement, but Opel's 12th straight annual loss in a market struggling with overcapacity. The loss raises more questions about the wisdom of reversing the decision to sell Opel in 2009.
“We grew share around the world,” Dan Ammann, GM’s chief financial officer, told reporters this morning.
“Clearly we have work to do in Europe and South America,” he said.
Fourth-quarter net income of $500 million was flat from a year ago, but the profit of 39 cents per share was below the 41-43-cent range analysts expected.
The strength of North American operations means GM’s profit sharing payment is the largest since 1983 when payments began.
The payout formula was changed to become simpler and more transparent as part of last fall’s contract negotiations with the UnitedAuto Workers union.
The typical Ford employee is eligible for $6,200 based on the $6.2 billion in operating profit in North America in 2011.
Chrysler workers are eligible for $1,500. The Auburn Hills automaker had an operating profit of $1.97 billion and about 85% was derived from North America. 
GM’s payment has only exceeded the amounts at both Ford and Chrysler twice since 1983. The previous record GM payout was last year’s average of more than $4,000 each but most years the amount was less than $1,000 and substantially below the other Detroit automakers.

Let Mitt Go Bankrupt!



So, 2012 Republican Presidential Candidate and former Massachusetts Governor Willard Mitt Romney DARES to show his face in Michigan again? Just a quick reminder about how Mittens and his Republican buddies REALLY feel about Detroit, about Michigan, and about the U.S. auto industry. 

Another quick reminder that it was the Democratic President of the United States, Barack Obama, and the Democratic Congressional leaders from Michigan that LOANED GM and Chrysler the funds they needed to re-group. Ford, although it did not take any government loan, also benefitted, as did all of the ancillary auto-related businesses, because if GM and Chrysler had gone down, all of the interrelated suppliers and OEMs would have irreparably suffered also.

Go away, Mitt. We don't want you in Michigan.

WE WILL NOT FORGET, no matter how many glasses of Vernor's you drink.




Friday, February 10, 2012

Fun Friday: Motor City Winter Blast!



Winter weather's coming back...just in time for the Annual Motor City Winter Blast in Downtown Detroit! THIS WEEKEND! February 10 - 12, 2012! See you there!














WELCOME TO WINTER BLAST

presented by 

Motown Winter Blast is a unique combination of hip and fun 
winter events that are centered on Campus Martius Park.
FEBRUARY 10-12, 2012

Friday February 10th, 11am-11pm

Saturday February 11th, 11am-11pm

Sunday February 12th, 11am-9pm