President Obama visits the Chrysler plant in Detroit
DetNewsVideo | July 30, 2010
Detroit — President Barack Obama today praised the revitalization of the auto industry as he got a first-hand look at Jeep Grand Cherokee SUVs coming off an assembly line and even drove a Chevy Volt.
So Two Cheers for the Detroit Bailout should make everyone feel warm and fuzzy about Detroit’s 2 bailed out auto manufacturers? Why? Ford needed no help! A 10 foot drive in a Chevy Volt that has a starting purchase price of $41,000 and production of 10,000 for its first year of production is not something to be shouting and touting from the rooftops. More time in Obama’s speech was spent commending the lottery winners at the plant than the vehicle.
Bid4Assets tells a sad story about the recovery in the Detroit area. Just search the site in all home categories with the terms “Detroit, House“. Detroit has the ‘Lion’s Share‘ on the site, note especially the category with a $1 starting price and no reserve. Let’s not forget this event ~ Detroit Shrinks Itself, Historic Homes and All.
Checking http://www.recovery.gov/Pages/home.aspx validates the struggles with unemployment and lack of new jobs, on the whole, in Michigan. And the Stimulus Watch details another farce in jobs creation for Detroit.
DETROIT CAN YOU SAY THANK YOU MR. OBAMA FOR ALL THAT HELP?