Arab Today, arab today obama biden drive for votes with auto bailout
Last Updated : GMT 13:50:14
Arab Today, arab today
Arab Today, arab today

Obama, Biden drive for votes with auto bailout

Arab Today, arab today

Arab Today, arab today Obama, Biden drive for votes with auto bailout

Washington - AFP

President Barack Obama made an aggressive play to claim credit for rescuing the iconic US auto industry, but admitted that tough economic times were clouding his reelection bid. Obama declared in Washington that \"the US auto industry is back,\" revving up his drive to turn his successful bailout of the sector into votes in key midwestern battleground states in November\'s election. Vice President Joe Biden meanwhile spelled out a blunt reelection message for his boss at a fundraising event in Texas, saying: \"Osama bin Laden is dead and General Motors is alive.\" Both men used the federally supervised bankruptcies of GM and Chrysler and their subsequent rebound as evidence of successful policies, in the knowledge their bid for a second White House term is complicated by economic conditions. The vice president boiled down Obama\'s State of the Union message into some pithy sound bites at an event in Fort Worth expected to raise more than $150,000 dollars for the reelection campaign. Biden hailed Obama as a champion of America\'s hard-pressed middle classes as they emerge from the deepest recession since the 1930s and said the president had kept his promise to pull US troops out of Iraq. \"But the best way to sum up the job the president has done --- if you need a real shorthand -- Osama bin Laden is dead and General Motors is alive,\" Biden said, adding that he was passing on a line suggested to him by a supporter. Biden also suggested that the bitter race for the Republican nomination was helping his and Obama\'s chances in November\'s presidential election. \"For the first time, the Republicans are not hiding the ball. ... They are saying what they believe, God love them. They are not even pretending.\" \"This is going to be one heck of a race. I think we are doing better and better every day, ... in no small part because they are making it clear what they are for.\" Obama earlier made a more prosaic attempt to claim credit for the auto bailout, as he toured a selection of gleaming new hybrid vehicles at the Washington auto show. The bailout plan featured prominently in his annual address to Congress last week, along with the US special forces raid that killed Al-Qaeda leader bin Laden last year and bolstered Obama\'s national security credentials. \"The fact that GM is back, number one, I think shows the kind of turnaround that\'s possible when it comes to American manufacturing,\" said the president, who favors using government to create conditions for jobs growth. \"It\'s good to remember that ... there were some folks who were willing to let this industry die. Because of folks coming together, we are now back in a place where we can compete with any car company in the world.\" Obama\'s comments appeared to be a swipe at Republican presidential frontrunner Mitt Romney over his initial criticism of the idea of shoring up iconic auto giants General Motors and Chrysler with federal funds. The president argues that his federal funding and bankruptcy plan for the two firms, inherited from former president George W. Bush, saved the US auto industry. Romney, apparently seeking to capitalize on public fatigue with bailouts, argued that the firms should have gone through bankruptcy -- which they later did -- without a prior cash injection which eventually hit $82 billion. Obama later admitted that prevailing conditions of high unemployment and continuing economic blight made his bid for a second term a complicated one. \"Given the difficulties that a lot of folks are still going through it\'s not surprising that they\'re feeling doubtful, even if we\'re moving in the right direction,\" Obama said in a fundraising event in Washington. \"This is going to be a tough race because of that economic reality, but not because of the ideas of the other side.\"  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama biden drive for votes with auto bailout Arab Today, arab today obama biden drive for votes with auto bailout

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday