Word: michigan
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Talking about Tung’s comment on trading, Secreto said that domestic policies can be a challenge. “He talked about it, but he didn’t address the feelings of auto worker in Michigan or the factory workers in Ohio, who think that China is taking away their jobs. Those feelings are real. Yes, we need more trade, but there are more serious problems...
During Friday's House Financial Services Committee hearing, Michigan Republican Thaddeus McCotter proposed what he called a "Solomonic approach" - taking half the money from each pot. By Friday night, Democratic Congressional leaders were signaling that they were ready to cede ground and take all the funding from the $25 million loan program, on the assumption that they can replenish it later. But even if that flies, there remain a lot of big questions about how it would work...
...understand why people in other parts of the country (like some in Michigan) hate the idea of bailing out Detroit. Why pay for other people's mistakes? Is making cars any more American than any other business? Jobs are globalizing and industries are transforming in every sector. What's so damn special about them...
...Michigan, after all, did not romanticize the automobile by itself. We made the cars; the mythology of open-road optimism was an after-market accessory. It was the work of advertising agencies in New York that rhymed U.S.A. with Chevrolet; Californians like the Beach Boys and George Lucas, who made American Graffiti; New Jerseyans like Bruce Springsteen, who sang about pink Cadillacs, Chevrolet Deluxes and suicide machines sprung from cages out on Highway...
...Michigan's own relation to car culture tends to be more wistful. After the Motown era, which more or less coincided with the end of Detroit's glory days as a city and an industry, you have to look hard to find songs by Michigan musicians about driving. Instead, Bob Seger--Michigan's Springsteen, who gave Chevrolet its "Like a Rock" slogan--reminisced about the backseat of his '60 Chevy in "Night Moves" and sang "Makin' Thunderbirds" about workers building Ford muscle cars in 1955: "They were long and low and sleek and fast/ They were classic in a word...