John McCain

Tankergate UPDATE: It's dead, John McCain must be happy

Today the Pentagon announced that is terminating the competition for a new airborne refueling tanker.

The tanker deal that tanked.

Bottom line, the politics of the whole thing got too hot for them. As many know, European Aerospace Defense System (EADS) subsidiary Airbus beat out Boeing for the contract; a bid that also included US-based Northrop Grumman. Everyone expected the Chicago/Seattle-based aerospace maker to land the contract, but the EDS product proved more appealing to the Pentagon. You see, the plane that Airbus had submitted was much larger than the one Boeing had proposed.

Manufacturing Monday: Strike at Boeing, Dell to sell plants, and Solar Arabia,

Greetings everyone, I hope your weekend was fantastic. Welcome to another edition of Manufacturing Monday! Some exciting and interesting stuff to cover this week. First the big time strike happening at Boeing. Then theres computer maker Dell looking to sell of ALL of it's factories, and finally could Saudi Arabia claim to be Mecca of solar energy beside crude oil??

Dreamliner turning out to be a nightmare for Boeing and it's workers

Honestly, Boeing should have seen this coming. Well, in case you weren't aware, the machinists at Boeing went on strike over the weekend. The raison d'etre for calling the move? Outsourcing of work, or basically job security was the main issue.

NEWSFLASH: Unemployment hits above 6%!!!

Today the latest figures of unemployment were released, and folks things are continuing to not look good.

Payrolls across the economy has dropped this month...again! Officially, the unemployment rate now stands at 6.1%. Consensus was the rate would be within 5.6-5.8%, north of the previous month's 5.5%. What we got was far above that.

The nitty gritty part is that we lost another 84,000 jobs for August. I say another, because the previous month the US economy jettisoned 51,000 jobs in July and 100,000 jobs in June. From manufacturing to the services sector, saw major losses. I don't have the exact figure before my, but CNN is right now saying that for the year we have lost 600,000 jobs! That, my friend is the Bush-McCain/Palin economy for you!

unemployment rate, manufacturing

Give me your White, scared and wealthy

Tonight the Republicans nominated their candidate for President.  We heard them all speak.  They pulled no punches, that is for sure.  Yet it isn't what they said that intrigued me, it's what they didn't say!

 

The Republican Convention in one second.

One could summarize the whole three days with these lines:

 

  1. John McCain served in Vietnam, got shot down, and became a POW
  2. Terrorists could still strike us, watch out!
  3. The Democrats will raise all your taxes, and you will lose your livelihoods.
  4. Energy independence will come at the tip of a an oil rig drill.
  5. Cutting spending on social programs equals freedom.
  6. Liberals love to kill babies.
  7. Oh...and John McCain was a POW.

So many concerns yet no real answers

Why autos are important to winning MI & Ohio

Submitted by on

MI is still the home of the auto industry and dependent on them for its economic well being. From Gov. Granholm's state of the state:

... we will not concede the automotive industry to any other state or nation.

We are the state that put America on wheels – the state that put the “car” in NASCAR. There is no vision for Michigan’s new economy that does not include cars designed, engineered, and made in Michigan. The industry’s changing – but we in Michigan cannot – will not – abandon it. And we should not allow our government in Washington to abandon it either.

UPDATE : Manufacturing Monday: Jobs, Jobs, Jobs!


(UPDATE NOTE: New economic data released, see below!)

The Democrats are finally going after McCain's jugular. That is, his economic policies. Oh sure, we all know he's Mister War, and that is one of his weak links too. But the economy, in particular the jobs situation, that will help propel Barack Obama into the White House.

The DNC responds to McCain's Jobs First campaign restart.

The Democratic National Committee finally released their response to John Airbus McCain's reboot of his half-ass presidential campaign under a "Jobs First" theme. But slightly off topic for just a brief second, can anyone tell me how the hell this man hasn't even been replaced by Cheney yet with someone else?? Shit, Viagra whore, Bob Dole, ran a better campaign than this! Ok, back on topic.