October 31, 2012

Newspaper Circulation Collection (093012) Published Oct. 31, 2012

Filed under: Business Moves,MSM Biz/Other Ignorance — Tom @ 11:59 pm

Daily:

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Sunday:

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Digital:

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Rev. Lowery, Who Delivered Obama Inaugural Benediction, Now Says ‘All White Folks’ Are ‘Going to Hell’

Joel Gehrke at the Washington Examiner has noted the harsh racism recently expressed by the same pastor who delivered the benediction at President Barack Obama’s inauguration in January 2009. Readers should read Gehrke’s post as well as the underlying article in the Monroe County Reporter in Forsyth, Georgia to get the full flavor of what the Rev. Dr. Joseph Lowery said at St. James Baptist Church this past Saturday, because you can virtually guarantee the establishment press won’t touch it, and this post won’t be able to capture every offensive word and phrase.

Selected paragraphs from the Reporter’s coverage, including its impact-minimizing subheadline, follow the jump (bolds are mine throughout this post):

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ABC Story of 4 Year-Old Crying Over ‘Bronco Bamma’ and Mitt Romney Appears to NPR’s Anti-Romney Bias

A video of a mother trying to console her crying four year-old daughter about the fact that the election campaign season will soon be over has allegedly gone viral. I say “allegedly” because the original of the video involved shows over 700,000 hits at its YouTube results listing, but only about 19,000 at the original video itself.

Anyway, the four-year old is Abigael Evans, and her reaction was to hearing yet another NPR report on the election in the car while riding with her mother Elizabeth. ABC’s Jilian Fama has covered the story. A revealing statement from Abigael’s mother appears to demonstrate how blatantly biased NPR’s coverage of the presidential election campaign has been:

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AP Seems Appalled (and Concerned) That Romney Is Campaigning in Minn. and Pa.

I heard Rush Limbaugh comment on this report from the Associated Press’s Thomas Beaumont and Brian Bakst (“Romney, GOP suddenly plunging onto Democratic turf”) this afternoon on his program. This evening, having read the whole, I agree with him (which of course often happens) that the AP writer are very upset that GOP presidential challenger Mitt Romney and his campaign are going after Pennsylvania and Minnesota — so upset that they’re throwing any kind of speculative nonsense they can conjure up to explain away its obvious significance, namely that Team Romney believes they can pick up even more electoral than they believe they have within their control by venturing into these two states — oh, and Michigan too.

How upset are they? One theory the AP pair has: “Or perhaps the Republican simply has money to burn. Use it now or never.” Lord have mercy, guys. The question with the answer you don’t like is: Why is he “burning” it in those two states? Gee, because he apparently thinks he can win them. Several paragraphs from Beaumont’s and Bakst’s blubbering, which will only admit to the apparently unlikely (in their view) possibility the Romney “could” win the race for the White House, follow the jump (bolds are mine):

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BLUMER: Holy Toledo — Fiat said to be mulling making Jeeps for North America in Italy

Filed under: Economy,Ohio Economy,Ohio Politics,Taxes & Government — Tom @ 7:39 pm

An auto bailout beneficiary engages in outsourcing.

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A revised version of this post went up at Watchdog.org yesterday.

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UPDATE: Fiat made it official today “that it will build a small Jeep in Italy for export beginning in 2014. The Jeep, which wasn’t identified by name, is a new model for Europe and the U.S. that isn’t currently in production …”

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Last week, it looked as if Republican presidential challenger Mitt Romney and his campaign had gotten overaggressive in its criticism of President Barack Obama and the incumbent administration’s 2009 bailout of Chrysler. Now it looks like a case of “right story, wrong country.”

On October 22, Bloomberg reported that Fiat, Chrysler’s Italy-based post-bailout owner, ”plans to return Jeep output to China and may eventually make all of its models in that country.” The report made it clear that the company’s discussion with its Chinese partner, Guangzhou Automobile Group Co., was about making building Jeeps and other vehicles in China for the Chinese market. The quoted Chrysler spokesperson said that it is looking at “localizing the entire Jeep portfolio or some of the Jeep portfolio” for that market.

While it’s true that such an alliance has the potential to reduce production at its U.S. manufacturing plants, the company seems to be on track to continue to grow its domestic volume by enough to make up for potential reductions in exports to China. U.S. retail sales for the first nine months of 2012 are up by 24% over the first nine months of last year, and the company appears to be better positioned than General Motors and Ford, its two other U.S.-based rivals, to continue expanding domestically at a double-digit pace.

Romney and his campaign overreacted to the Bloomberg report. Romney himself claimed that Jeep “is thinking of moving all production to China,” which is not what Bloomberg reported. The audio in a Romney TV ad too cleverly told viewers that Obama “sold Chrysler to Italians who are going to build Jeeps in China,” an assertion which in my opinion is on the edge of being ethnically pejorative (Fiat is a publicly held company based in Italy, which is emphatically not the same thing). At the same time as that narrated statement, the ad showed a graphic which read: “… plans to return Jeep output to China.” I believe that many viewers have incorrectly interpreted this as an assertion that U.S. production will either be sharply reduced or disappear. Though moves by companies to start Chinese manufacturing operations in the auto and other industries have often ultimately led to imports of products formerly made in the USA while domestic plants have been shuttered, the Obama campaign and self-appointed fact-checkers had some basis for claiming that Team Romney went too far — as far as China is concerned.

Just as the issue of Chrysler and outsourcing appeared to be headed for the rear-view mirror, a Monday report from Bloomberg dropped the following bombshell:

To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat.

On Tuesday, the Detroit Free Press confirmed the news, reporting that “Marchionne wants to use some of Fiat’s Italian plants to export Chrysler products to the U.S., according to various European press reports.”

A move by Fiat to manufacture cars and light trucks in Italy for the North American market would appear to make business sense, as the company has a great deal of unused capacity there. Such a move would clearly be a direct threat to U.S. jobs.

That the possibility of cuts at Chrysler’s U.S.plants while domestic sales are booming even exists can be traced back to the Obama administration’s decision 3-1/2 years ago to arrange a shotgun wedding between Chrysler and Fiat through the bankruptcy courts. Fiat’s dowry came in the form of a disproportionate ownership share in the company after it emerged, a result achieved by robbing certain secured creditors of their common law lien-based interests in bankruptcy.

Fiat and outsourcing is once again a legitimate electoral issue. Obama and his campaign need to explain to the American people why they failed to include contractual provisions which would have prevented Fiat’s proposed move. Good luck with that.

Team Romney and their candidate are now on solid ground pointing to Obama’s failure to adequately protect Chrysler workers, including the thousands who toil at its Toledo, Ohio Jeep plant, in his quest for victory in the hotly contested Buckeye State and elsewhere.

NewsBusted (103112)

Filed under: NewsBusted — Tom @ 11:40 am

Here we go:

TOPICS:
–Obama Campaign Ad
–Mahmoud Ahmadinejad
–Hillary Clinton Birthday
–Sandra Fluke
–Dan Rather
–Democrats Offer Free Pizza
–Lance Armstrong
–Lindsay Lohan

Best Line: “Disgraced former CBS News anchor Dan Rather warned his Facebook fans that Republicans could steal the election in Ohio. Rather says he knows this because the Texas Air National Guard just sent him a memo.”

Bloomberg’s Trudell Casts Currently Held Jobs as New Ones in Report on Marchionne’s Memo to Chrysler Employees

CEO Sergio Marchionne of Fiat, the parent company of the U.S. government bailed-out Chrysler, got two unexpected and undeserved breaks from Craig Trudell at Bloomberg yesterday.

The first was the story’s presidential election-driven focus in its headline (“Chrysler CEO Reiterates Jeep Production Staying in U.S.”) and first five paragraphs on Fiat’s plans to manufacture vehicles in China for the Chinese market and Marchionne’s insistence that this move won’t reduce U.S. employment at Chrysler. Trudell waited until the sixth paragraph of his report to convey the real news, noted by yours truly yesterday (at NewsBusters; at BizzyBlog), which is that the company plans to make a new model of Jeep, Chrysler’s signature nameplate, in Italy for export to Europe and the U.S. The second undeserved break the Bloomberg reporter gave Marchionne credited him with five times as much future employment growth than he deserves (if it really occurs), and is in the paragraph which follows the jump (bolds are mine throughout this post):

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Latest PJ Media Column (‘The Obama Economy: Still Not Recovered’) Is Up

Filed under: Economy,Taxes & Government — Tom @ 8:29 am

It’s here.

It will go up here at BizzyBlog on Friday (link won’t work until then) when the blackout expires, and just in time for the final preelection jobs report.

Here are the two graphs included in the column (click on each graphic to view in larger form in a separate tab or window):

RealPerCapitaGDPunderReagan RealPerCapitaGDPthru3Q12Oct28

Wednesday Off-Topic (Moderated) Open Thread (103112)

Filed under: Lucid Links — Tom @ 6:05 am

Rules are here. Possible comment fodder may follow later. Other topics are also fair game.

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Positivity: HEROES: NYU Nurses, First Responders Save Newborns, Critical Care Patients

Filed under: Health Care,Life-Based News,Positivity — Tom @ 6:00 am

From New York City:

30 Oct 2012, 11:20 AM PDT

When emergency back-up generators at New York University Langone Medical Center-Tisch Hospital failed Monday night during Hurricane Sandy, nurses and first responders improvised. These heroes used their instincts, and relied on training exercises to dramatically save the lives over 200 patients, 20 whom were babies in the hospital’s neonatal unit and 45 of whom were patients in critical condition. Some were on battery-operated respirators.

When the hospital’s elevators ceased to function, nurses carried babies down nine flights of stairs in the dark, insulating and ventilating them, often manually pumping oxygen into the babies. Some nurses asked to be carried down in stretchers so they could keep the newborn babies close to their skins to ensure they were warm.

“It’s a challenging situation,” NYU Medical Dean Robert Grossman told WCBS-TV Monday night. “We drill all the time for this kind of thing. But this isn’t a drill. This is the real thing.”
According to Fox5 New York, patients were transferred from the adult critical unit, neo-natal intensive unit, pediatric critical care unit and obstetrics. Some patients were battling cancer. Patients were moved to Memorial Sloan-Kettering Cancer Center and Mount Sinai. …

Go here for the rest of the story.