Tag Archives: conjunction

Wednesday Evening News Roundup

Wednesday Evening News Roundup

This is what Sandy looked like from New York City.

Do you remember that I mentioned that there was this plant, in New England, that made an injectable steroid compound? That compound got infected with a fungus that I’d never heard of before. The number of deaths from this infection is now 28. There’ve been 377 infections. Again, let me say, we need more not less government oversight in order to prevent things like this from happening again.

Every now and then, in this 24/7, gotcha media environment that we live, in people get on camera that shouldn’t. People simply get airtime who shouldn’t be given the time of day. For reasons that are unclear, somebody decided to interview Michael “heckuva job” Brown about FEMA’s response to hurricane Sandy. Michael Brown thought that the Obama administration was “premature.” Basically, they operated too fast. In our society, there are some people that should be seen and not heard. (To be honest, some people should not be seen or heard.)

Today, was the first time I’d heard in conjunction with Hurricane Sandy a real discussion about climate change. Look for Fox News push back tomorrow.

Visit NBCNews.com for breaking news, world news, and news about the economy

I’m not sure what to make out of Mitt Romney’s latest ad that is airing in Ohio. Basically, the ad suggests that Jeep, a subsidiary of Chrysler, is shipping jobs to China.

This was completely discussed in the WaPo

Here’s what Romney said last Thursday in Ohio: “I saw a story today that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China. I will fight for every good job in America, I’m going to fight to make sure trade is fair.”

This was completely wrong. Bloomberg News had reported that Fiat, the majority owner of Chrysler, was planning to once again start building Jeeps in China, after production had been on hold since 2009.

The article made clear that Chrysler was was “adding Jeep production sites rather than shifting output from North America to China,” but some blogs, such as the Washington Examiner’s Washington Secrets,misinterpreted the article and reported: “Jeep, the rugged brand President Obama once said symbolized American freedom, is considering giving up on the United States and shifting production to China.”

After Romney made his comments, Chrysler issued a statement firmly denying that any North American production was being moved to China:

“Jeep has no intention of shifting production of its Jeep models out of North America to China. It’s simply reviewing the opportunities to return Jeep output to China for the world’s largest auto market. U.S. Jeep assembly lines will continue to stay in operation. A careful and unbiased reading of the Bloomberg take would have saved unnecessary fantasies and extravagant comments.”

In response, a Romney spokesman explained: “The larger point that the governor made is that rather than creating jobs here, the foreign owner, handpicked by President Obama, is planning to add jobs overseas.”

This is a strange bit of spin, given that all international automakers build cars in other overseas markets. In this case, one could argue it is a sign of the company’s growing strength that it is returning to a major overseas market that it had abandoned. (Moreover, Chrysler is planning to add to its Jeep workforce in the United States in 2013.)

Franken may be declared the winner…or not

In a saga that appears to be running as long as the soap opera Days of Our Lives, the closing arguments in the (almost Senator) Al FrankenFormer Senator Norm Coleman case will be given tomorrow. I would expect a ruling by the first week in April. It would be a big surprise to everyone in the world, including the Coleman team, if Coleman is declared anything other than the loser. 

Minnesota law may actually play into Al Franken’s favor. The loser of this court case is required to pay the legal costs, which could empty out Coleman’s bank accounts. In order to push the appeals process, Franken’s lawyers may ask the court for Coleman to pay money up front for the appeals (escrow). In conjunction with the Coleman camp’s screw-up, allowing donor’s credit card information to be sitting on the web without encription, this may be over before the end of April. 

Hope springs eternal.  🙂