Obama's SOTU

I missed the SOTU and from what I heard from Coast to Coast A.M. by guest Dr. John Curtis, he seemed quite pleasant about Obama's speech. Curtis said that Obama hit all the right notes and that the economy is getting stronger than when Bush was in office. He also brought up raising the debt ceiling and increasing taxes on the wealthy and corporation. but one thing Curtis said made me turn my head sideways, and that was his praising of Obama who told Korea to make jobs building televisions in the U.S. or he would raise tariffs. Huh? Tariff's are made to prevent the flooding of a good when a good is made in said country.

Why?

There are righties out there who probably won't agree with me and would call me a traitor or a nut case. But think for a second. Wouldn't you want to make U.S. made T.V. sets in the U.S. than to have a U.S.-made-Korean-product? But it creates jobs! Yes it does, but what is the difference if the T.V. is made in Korea or the U.S. if profits from the set goes back to Korea? You're saying what? Whenever a television is sold: L.G., Samsung or other H.D. T.V. from Korea, the profits goes back to Korea. What happened when Toyota was lured to kentucky? This:

Saturday, April 11, 2009

Toyota Boshoku closes plant in Kentucky

Auto supplier Toyota Boshoku America is closing a plant in Leitchfield, Ky., and instituting other cutbacks in the wake of the contracting U.S. car market.

Erlanger-based Toyota Boshoku America said in a Monday release that the plant, in western Kentucky, will suspend operations indefinitely by July, and its trim cover operations will be consolidated with its plant in Chavez, Mexico.

Toyota Boshoku said its three trim cover plants are currently running at less than 50 percent capacity.

“It is my sincere hope that there will be future business opportunities that will allow us to re-open this facility,” said Nate Furuta, chairman and CEO of Toyota Boshoku, in the release.

Employees losing their jobs will receive separation benefits and can apply for jobs at other company facilities as they become available, he said.

The company also said it has taken these actions: reduced executive and management pay by 30 percent, frozen all salary increases, eliminated bonuses, established a hiring freeze and eliminated overtime. It is also offering employees a voluntary four-day work week, offering a voluntary buyout program to all salaried employees, and cutting capital and other spending.

Japan-based Toyota Boshoku manufactures automotive interiors, as well as air and oil filters. The company, which moved its U.S. headquarters to Erlanger from Michigan in 2007, has 23 U.S. locations, including a plant in Georgetown, Ky.

And they went to Mexico! Good job, huh? I remember friends who praised their senators for giving them jobs, only to be laid off and now they're on unemployment. No wait, this story was in 2009 and suffice to say that these were part of the 99 weekers for whom the Republican party, including Jeff Sessions of Alabama who lured Toyota with tax breaks voted no? Great job

Which then leads to this. Why bring jobs to the U.S. when we have more than capable students who can make a great T.V. set, radio, car, keep the jobs as well as the profits in the U.S.? I go to DeVry University. They have some of the best students coming out of school. The EET (Electrical Engineering Tech) are the best. They helped create design and create the robot-on-wheels for the military and law enforcement. DeVry also made every child's favorite toy Teddy Ruxpin. And that's just from DeVry.

Imagine having students actually working and making money? So the righties ask: Where will we get the supplies? Easy, the same place the Koreans get theirs...from rare earth mines. We go in, excavate the rare earth, create high tech phones, cars, computers, and so on and then we sell it. But where will we get the money? WE PRINT IT! We print it, we circulate the currency and then we make sure that China, Japan and Korea could not flood our market with their wares.

So Obama's harebrained idea is that. A harebrained idea and doing so does not guarantee that LG will not leave the U.S. and go to Mexico Japan did it, what makes you think Korea won't? And what makes you think that when a republican won't back-stab you once they are the majority? Jeff Session did to his constituents in Alabama.