Empasis on "nut"...Some sterling example of this unelected drunk's REAL economic agenda....
"Six months after promising to create an office to help the nation's struggling manufacturers, President Bush settled on someone to head it, but the nomination was being reconsidered last night after Democrats revealed that his candidate had opened a factory in China.
In late afternoon, the administration announced that the new assistant secretary of commerce for manufacturing and services would be named at a ceremony this morning. Industry officials were told that the job would go to Anthony F. Raimondo, chairman and chief executive of a Nebraska company that makes metal buildings and grain silos.
But Kerry's campaign, tipped off about the impending nomination several hours earlier, hastened to distribute news reports that
Raimondo's firm, Behlen Manufacturing Co. of Columbus, Neb., had laid off 75 U.S. workers in 2002, four months after announcing plans for a $3 million factory in northwest Beijing.
Seventy-five minutes after the administration announced a news conference with Commerce Secretary Donald L. Evans to name the official, an advisory went out saying the event had been "postponed due to scheduling conflicts."
By last night, three senior administration officials said Raimondo's nomination might be scuttled but said they did not know for sure. Bush announced the new office with fanfare on Labor Day, and Democrats had been saying for weeks that the long delay in naming the new assistant secretary reflected the low priority that Bush puts on preserving jobs. "
http://www.washingtonpost.com/wp-dyn/articles/A48216-2004Mar10.html "On April 24, 2003, President Bush traveled to Timken Company’s Canton plant to promote his tax plan. In a speech to workers, he promised that the tax cut plan “means more money for investments, more money for growth and more money for jobs.”
Numerous studies have refuted that claim, showing that while the President's tax cuts rewarded wealthy Americans with tens of thousands of dollars in tax windfalls, the rest of America actually received relatively little. The average Bush tax cut for the wealthiest one percent of Americans is $938,000, reports Citizens for Tax Justice.
According to Reuters, the
Chairman of Timken Company, W.R. Timken, made $2.62 million in 2003, clearly placing him in the wealthiest one percent of Americans.
Two months later, W.R. Timken co-hosted a fundraiser for Bush’s campaign in Akron which raised $600,000, and earned Timken ‘Ranger’ status (for those who raise more than $200,000 for the campaign).
Then, in September last year, Timken Company announced it was
laying off 700 workers, adding more pain to one of the jobless recovery's most hardest-hit states.
So much for “more money for jobs.” "
http://www.campaignmoney.org/spotlight/sis03_10_04.htm