Posts Tagged ‘loan

02
Nov
11

rise and shine

Greg Sargent: The first thing you should watch this morning is this harsh new Web video from the Obama-allied Priorities USA Action. It paints a very lurid picture of “Mitt Romney’s America,” and it provides the clearest clues yet as to what kind of campaign Obama and outside groups will run against him if he’s the nominee.

Romney’s corporate background, as well as that infamous Bain picture, get top billing, and are tied to the allegation that Romney’s policies would be a boon to corporations while decimating the middle class. Obama advisers and allies intend to paint an extremely vivid and even frightening picture of what Romney’s desire to roll back Obama’s post-Bush reforms would mean for the economy, the country, and the future. Beyond his pro-corporate policies, the feeling on the Obama team is that Romney’s corporate past is an unexplored and potentially serious liability, particularly amid the intense anti-Wall Street sentiment that seems to be on the rise…..

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CNN will have live steaming of the President’s 11:25 speech

Today:

11:25 The President delivers remarks in front of the Key Bridge at Georgetown’s Waterfront Park in Washington, DC

12:30 Jay Carney’s press briefing

2:30 Michelle Obama hosts the PCAH’s National Arts and Humanities Youth Program Awards

4:15 The President and Vice President meet with Senate Democratic leadership

7:0 The President departs Joint Base Andrews en route to Nice, France

7:0 The Vice President and Jill Biden host Eric Cantor and his wife Diana for dinner at the Naval Observatory

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More at the White House site

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You know how much I hate GOPolitico and how I hold my nose when I link to it - well, I’m holding my nose again because this article is worth reading: link

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Quinnipiac: President Barack Obama’s job approval rating is up, from a negative 41 - 55 percent October 5, to a split today with 47 percent approving and 49 percent disapproving in a Quinnipiac University poll released today. The president has leads of 5 to 16 percentage points over likely Republican challengers.

…. “President Obama seems to be improving in voters’ eyes almost across-the-board,” said Peter Brown, assistant director of the Quinnipiac University Polling Institute. “He scores big gains among the groups with whom he has had the most problems - whites and men. Women also shift from a five-point negative to a four-point positive.

….. Obama also is looking better in matchups against potential Republican nominees:

47 - 42 percent over Romney, compared to a 46 - 42 percentlead October 5;
52 - 36 percent over Perry, up from a 45 - 44 percent tie last month;
50 - 40 percent over Cain, who was not included in a matchup last month;
52 - 37 percent over Gingrich, who was not matched last month.

More here

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From the same poll:

More here

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The Week

See Steve Benen on Cain’s troubles

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Full editorial here - thanks Proud

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Morning everyone ;-)

20
May
11

‘chrysler lines up $7.5 billion to repay loans’

ABC: Chrysler Group LLC could repay most of its government loans as early as next week after raising $7.5 billion from bank loans and bond sales.

The company said last month that it intended repay the U.S. and Canadian governments during the second quarter. It announced the financial details on Thursday. Chrysler could repay the government as early as Tuesday if the deals close as expected.

…Chrysler took $10.5 billion from the U.S. government to survive two years ago, and it has repaid some of the money. The refinancing will allow it to retire a $5.9 billion balance on the U.S. loans and $1.6 billion to the governments of Canada and Ontario.

…Chrysler’s action is the latest in the long comeback of the Detroit auto industry after the recession put its future in doubt … Earlier this month Chrysler announced first-quarter net income of $116 million, its first profitable quarter since 2006. Its sales are up nearly 23 percent this year….

More here




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