|
Romney can never deliver what he promised Michigan – should politicians promise unrealistic heavens?
Kirsten McLauren
Jan. 15, 2008

A man who buys companies and strips them to sell for a better price is called an business opportunist or arbitrage. The funniest thing in American politics happened when Mitt Romney promised the Michigan republicans ‘we will bring those jobs back.’ Fact of the matter is Mitt Romney is part of the Bush driven establishment that thrives on outsourcing, H1B visas and illegal immigration. A man who buys companies, fires the employees and sells the companies for a profit has promised unrealistic ‘heavens’ to the Michigan auto workers.
It is sad that Michigan republicans belived in George Bush. It is more sad they believed in Mitt Romeny who will say anything to win the primary election. The fact of the matter is unless America changes policies on outsourcing and exporting manufactur5ing jobs, nothing will change for Michigan.
What is bothersome is that rich Romney casually lied to people of Michigan knowing very well he can do nothing to revive the Auto industry because it is his and his type of people who has caused the problem. The job losses are the result of supply side economics of the Republican party that Romney embraces.
SMART LIVING & INVST. ARTICLES
Romney can never deliver what he promised Michigan – should politicians promise unrealistic heavens?
Kirsten McLauren
A man who buys companies and strips them to sell for a better price is called an business opportunist or arbitrage. The funniest thing in American politics happened when Mitt Romney promised the Michigan republicans ‘we will bring those jobs back.’ READ MORE>>
US Retail Sales and Citigroup’s problems signal first US depression since 1930s
Sam Adelton
While analysts are hesitant to call it a mild recession, the economy finally confirmed a deep recession racing towards a deep depression. The financial meltdown continues while scarce commodities make things costlier. READ MORE>>
Moody’s tougher stance when rating deal making companies owned by private equity groups – too late too little
Trisha Rowe
The financial institutions, the hedge funds and the private equity firms took the advantage of the lax credit rating stndards, gambled with sunprime mortgages and lost big time. READ MORE>>
Gold breaches $900 while job cuts accelerates and economy slides into deep recession – what does that mean?
Karen Zuba
They are planning to flood the markets with liquidity. The budget deficit will skyrocket, interest rates will be lowered and more tax incentives will give some kick to the economy for a head start. READ MORE>>
China and India starts slowing down, US and Japan heads depression – world economies in deep trouble
Neal Henderson
Sony Corp., which counts America as its largest market is in trouble and is ready to provide lower guidance. So is Toyota and Honda. READ MORE>>
Massive jobs cuts in the pipeline – banks, Wall Street, Telcos, healthcare, industrials – all plan to cut millions of jobs in 2008-2009
Sandra Simons
The biggest job cuts come from the banks and financial institutions who are lining up in a queue to go bankrupt one after the other. The next is healthcare. READ MORE>>
MORE ARTICLES >>
|