Sunday, October 23, 2011

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party

Paul drops $2M in new TV ads to criticize rivals

Posted: 22 Oct 2011 08:29 AM PDT

By PHILIP ELLIOTT, Associated Press

WASHINGTON (AP) — Republican presidential contender Ron Paul is opening his wallet for $2 million of television ads that criticize rivals Mitt Romney, Rick Perry and Herman Cain for supporting federal spending while touting his own proposal for drastically shrinking Washington’s bottom line.

Paul on Thursday unveiled a 60-second ad that cast the White House hopefuls as spend-happy politicians who are not true conservatives. A second ad, also set to run for two weeks in the early nominating states of Iowa, New Hampshire, South Carolina and Nevada, promotes Paul’s plan to cut $1 trillion from the budget, eliminate five Cabinet-level agencies and stop spending U.S. tax dollars abroad on wars or aid.

Further seeking to criticize his rivals, Paul’s campaign has been mailing voters saying Romney, Perry and Rep. Michele Bachmann of Minnesota are beholden to unions.

“The sad truth is, Dr. Paul’s opponents have records that leave much to be desired,” the campaign said in an anti-labor mailing in South Carolina.

Paul, a physician who previous sought the Libertarian and Republican nominations for the White House, has tapped his fervent supporters’ imaginations and wallets as he attempts to claw his way to the top of the GOP contest. His latest fundraising push brought in more than $2.3 million in recent days. His campaign earlier had announced that he had raised $8 million during the last three months and had banked $3.5 million for the fundraising quarter that started Oct. 1.

That leaves Paul in a position to shape the Republican debate, even if the 76-year-old Air Force veteran seems unlikely to win the nomination. Four years ago, he sought the GOP nomination while talking about economic policy, liberty and the Federal Reserve. Since then, the tea party has risen and seized on those issues, and some regard Paul as one of the movement’s godfathers.

To read more, visit:  http://hosted.ap.org/dynamic/stories/U/US_PAUL_ADVERTISING?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-10-20-15-00-16

Car Company Gets U.S. Loan, Builds Cars In Finland

Posted: 22 Oct 2011 08:23 AM PDT

By MATTHEW MOSK, BRIAN ROSS and RONNIE GREENEABC, ABCNews.com

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.

Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the company’s manufacturing jobs are still limited to the assembly of the flashy electric Fisker Karma sports car in Finland.

“There was no contract manufacturer in the U.S. that could actually produce our vehicle,” the car company’s founder and namesake told ABC News. “They don’t exist here.”

Henrik Fisker said the U.S. money has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.

“We’re not in the business of failing; we’re in the business of winning. So we make the right decision for the business,” Fisker said. “That’s why we went to Finland.”

The loan to Fisker is part of a $1 billion bet the Energy Department has made in two politically connected California-based electric carmakers producing sporty — and pricey — cutting-edge autos. Fisker Automotive, backed by a powerhouse venture capital firm whose partners include former Vice President Al Gore, predicts it will eventually be churning out tens of thousands of electric sports sedans at the shuttered GM factory it bought in Delaware. And Tesla Motors, whose prime backers include PayPal mogul Elon Musk and Google co-founders Larry Page and Sergey Brin, says it will do the same in a massive facility tooling up in Silicon Valley.

To read more, visit:  http://abcnews.go.com/m/story?id=14770875

Dental care in big demand at free LA health clinic

Posted: 22 Oct 2011 08:18 AM PDT

By CHRISTINA HOAG, Associated Press

LOS ANGELES (AP) — Avery Shapiro has had tooth pain for several years. Pat Morris’ dental insurance wouldn’t cover the tab for a filling. Chenell Bass had to stop driving because her eyesight got so weak.

Such stories were typical among the first 1,200 people filing into a huge free medical clinic that opened Thursday at the Los Angeles Sports Arena.

The four-day clinic, organized by Los Angeles-based nonprofit CareNow, is expected to draw 5,000 uninsured and underinsured patients who spent hours in line Monday to obtain wristbands to enter the event. Some even camped out overnight.

It’s the fourth such event that CareNow has organized around Los Angeles County with the help of 800 medical professionals volunteering their services, and supplies and equipment donated by manufacturers.

“We hope to keep doing these until we’re obsolete,” said CareNow President Don Manelli. “There are 2 million uninsured in L.A. County. We’re doing what we can do.”

At all the clinics, dental treatment is the overwhelming request followed by vision care. “If you have a toothache, there’s no ER to go to,” Manelli said. “About 60 percent ask for dental care.”

To read more, visit:  http://hosted.ap.org/dynamic/stories/U/US_FREE_HEALTH_CLINIC?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-10-20-15-08-31
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