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Economy
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Title: First Lady Michelle Obama Cites 'Remarkable Progress' On The Economy
Source: The Hill
URL Source: http://thehill.com/blogs/blog-brief ... kable-progress-on-the-economy-
Published: Feb 1, 2012
Author: Alicia M. Cohn
Post Date: 2012-02-01 20:47:11 by Murron
Keywords: None
Views: 3323
Comments: 8

First Lady Michelle Obama Cites 'Remarkable Progress' On The Economy

First Lady Michelle Obama cited "remarkable progress" on the economy during a speech for a small crowd of high-profile Hollywood names in Los Angeles on Tuesday evening.

"In the last three years, we've worked hard to get out of this mess and we've made some remarkable progress," the first lady told a group of about 135 supporters at a private campaign event for her husband. She listed President Obama's accomplishments on healthcare reform, the removal of troops from Iraq and the repeal of "Don't ask, don't tell" among other items on the list of "promises kept" touted by Obama's reelection campaign.

"We know there are people still suffering and there is a long road left to travel," she continued, citing unfinished work as another reason to reelect Obama.

According to pool reports, the Beverly Hills event included some high-profile names from Hollywood, such as top Obama donors Jeffrey Katzenberg and Harvey Weinstein. Singer-songwriter Joshua Radin performed before Obama spoke. Netflix CEO Reed Hastings, music industry representatives Quincy Jones, Berry Gordy and Jerry Ross, film producer Steve Bing, Rob and Michele Reiner and Will Ferrell's wife, Vivica, were also in attendance. http://thehill.com/blogs/blog-briefing-room/news/207885-michele-obama-cites-remarkable-progress-on-the-economy-

"You’re here because you know that we stand at a fundamental crossroads for our country," Michelle Obama told them. "You’re here because you know that in less than a year from now, we are going to make a choice that will impact our lives for decades to come."

She spoke about the struggles of the middle class and of hearing their stories as she traveled the country. She said Obama's "toughness and fight" comes from hearing the stories of struggling Americans.

"I hear the passion and the determination in [Obama's] voice," she said. "He says, 'You won’t believe what folks are still going through.' That’s what he tells me. He says, 'Michelle, this ain’t right, and we have to fix this. We have so much more work to do.' "

She added that her husband is "very cute and he can sing, go figure." The line was a reference to the moment last month when Obama broke into the song "Let's Stay Together" at a campaign event.

Obama urged the crowd to get involved in the campaign in order to keep "fighting the good fight."

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Begin Trace Mode for Comment # 6.

#2. To: All (#0)

"In the last three years, we've worked hard to get out of this mess and we've made some remarkable progress," the first lady told a group of about 135 supporters at a private campaign event for her husband.

America Airlines-to-Cut-Up-to- 15000- Jobs

AMR seeks to shutter Alliance maintenance operation

By Frank Heinz | Wednesday,

Feb 1, 2012

American Airlines parent company AMR said Wednesday they will cut 13,000 jobs and close the Fort Worth Alliance maintenance hub as part of a five-year plan to save $3 billion per year.

NBC 5's Scott Friedman was the first to break the story early Wednesday morning that the Fort Worth-based airline was expected to announce they were cutting as many as 15,000 jobs nationwide.

Thomas Horton, Chairman and CEO, released a letter to employees Wednesday that highlighted the major changes designed to help the carrier emerge from bankruptcy a stronger airline.

Chief among those changes are staff reductions that are expected to save the company $1.25 billion annually and revenue enhancements worth another billion dollars. The remaining savings will come from altering route structures, capacity and replacing an aging fleet. The airline also hopes to boost revenue by increasing departures out of hubs in Dallas-Fort Worth, Chicago, Miami, Los Angeles and New York by 20 percent over the next five years.

The 13,000 cuts include 1,400 management and support staff, 400 pilots, 2,300 flight attendants, 4,600 maintenance and related and 4,200 fleet service and other TWU employees, NBC News confirmed early Wednesday afternoon.

Murron  posted on  2012-02-01   21:04:24 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Murron (#2) (Edited)

"I'm not concerned about the very poor."

The question is not whether the Working Group wasted a day or two in issuing civil subpoenas. The Obama administration has wasted three years before issuing these subpoenas. (The Bush administration wasted eight years. The total waste is cumulative.) Civil subpoenas are the most preliminary form of investigation. DOJ should have been issuing grand jury subpoenas to every lender making liar’s loans and every entity packaging liar’s loans no later than September 2004 when the FBI warned that there was an “epidemic” of mortgage fraud and predicted that it would cause a financial “crisis.”

The Obama and Bush administrations have consistently failed to “pursu[e] any and all leads.” 12 million homes are underwater.

Nearly all will foreclose.

Not one elite CEO has been prosecuted.

US Military ‘Leak’: Taliban Set to Retake Power in Afghanistan, With Pakistan’s Help A leaked "highly classified" report from the US military says the Taliban will be in control once NATO leaves by John Glaser, February 01, 2012

The only question now is how many USForces will be stranded overseas.

mcgowanjm  posted on  2012-02-01   21:52:27 ET  Reply   Untrace   Trace   Private Reply  


#5. To: All (#3)

"This is the dirty little secret of U.S. aviation. You don't know where the plane that you're flying was repaired," said Jamie Horwitz, spokesman for the Transport Workers Union. "You assume standards are high for the person who works on your fuel line, but it doesn't necessarily follow."

Doesn't it just give you a warm, fuzzy feeling all over to know that almost all airline maintenance work is now being performed by poorly paid drones God knows where? Fuck, I may never get on an airplane again.

But please continue:

Horwitz said there are two major American-owned facilities doing the heavy maintenance work -- one in Tulsa, Okla., which has 6,500 union members, and another outside of Dallas with 2,200 union members.

Horwitz and industry experts say almost all other U.S. airlines already have outsourced regular overhaul maintenance required for aircraft to facilities in countries such as China, El Salvador and throughout South America.

mcgowanjm  posted on  2012-02-02   10:44:37 ET  Reply   Untrace   Trace   Private Reply  


#6. To: All (#5)

EST

US 'No-Fly' List More Than Doubles in 12 Months

ACLU Sues for Files on Assassination of Americans

mcgowanjm  posted on  2012-02-02   10:55:25 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#7. To: All (#6)

He also wouldn't comment on whether the company will seek to move its pension plans, which it estimates are underfunded by $5 billion, to the Pension Benefit Guaranty Corp., a federal agency that protects the pensions of workers in private-sector retirement plans.

The Pension Benefit Guaranty Corp. has issued numerous statements since the American bankruptcy that it would seek to keep the airline from dumping its pensions on the agency, which is already facing a deficit of its own. The agency's estimate is that the American pensions are underfunded by $10 billion.

If the company is successful in shifting its pensions to the agency, workers would likely lose promised retiree health-care benefits. Many, especially the pilots, would have their pension benefits slashed.

And the taxpayer would have to pick up the tab. Beautiful, just beautiful. How fitting is it that the company is still named AMERICAN Airlines? Because they have the new American way down PAT.

mcgowanjm  posted on  2012-02-02 10:58:50 ET  Reply   Untrace   Trace   Private Reply  


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