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Chicago picked as site for
Obama´s manufacturing initiative

Chicago Tribune, by Melissa Harris and Christi Parsons

Original Article

Posted By:mambo 5, 2/23/2014 12:05:21 PM

Chicago will be the site of a digital manufacturing institute backed by $70 million in federal money and another $250 million in private and other government funding, giving the city, once a factory town, a better chance to re-establish its credentials as a modern maker of things. The decision, to be announced officially Tuesday by President Barack Obama, was hotly anticipated by city and state officials who recognized the opportunity to jump-start high-tech manufacturing as a core component of Chicago’s economic vision.

Comments:
$70 million in federal money (defense department) $16 million from a bankrupt Illinois....guess he is trying desperately to keep chitown from looking like motown! And with our money to boot!

      


Post Reply  

Reply 1 - Posted by: Newtsche, 2/23/2014 12:24:13 PM     (No. 9743362)

An institute, yeah, that´s the ticket, we need more institutes. Hold on to your hats as the year of action finds us rocketing straight into the sun.

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Reply 2 - Posted by: Uno, 2/23/2014 12:27:25 PM     (No. 9743366)

Oh goody! Yet another government program starting up!
Has anyone ever seen a government program limited to what it started out to be?
Guess where this one will go?
Maxine Waters gave us clue a few years ago.
How about Socializing and taking over private industry?


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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: sw penn, 2/23/2014 12:29:04 PM     (No. 9743368)

A 320 million dollar slush fund.
Crony capitalism sucks
your eggs and butter money.



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Reply 4 - Posted by: Muggins, 2/23/2014 12:42:00 PM     (No. 9743385)

Is the Obama Administration the most corrupt Presidency ever?

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Reply 5 - Posted by: CleanhouseinDC, 2/23/2014 12:48:08 PM     (No. 9743391)

While the repubs "Another year of inaction" will keep the Seante in Dem hands....

The repubs don´t get, we expect them to stand up, not sit down.

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Reply 6 - Posted by: scribe35, 2/23/2014 12:54:07 PM     (No. 9743395)

No. 4 YES!!!!

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Reply 7 - Posted by: Sergeant Major, 2/23/2014 1:07:57 PM     (No. 9743408)

For the best location to build the offices they could buy V Jarrett´s apartment complex and I´m sure she would go along with that.

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Reply 8 - Posted by: BaseballFan, 2/23/2014 1:24:05 PM     (No. 9743433)

Ah yes, a blue ribbon panel to which millions of dollars will be funneled, which is the real reason it is "hotly anticipated by city and state officials", since they will be the beneficiaries of the money. It should come as no surprise that it just happens to be based in Chicago.

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Reply 9 - Posted by: woodenleg, 2/23/2014 1:27:55 PM     (No. 9743439)

My BS detector just went off.

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Reply 10 - Posted by: geoguy, 2/23/2014 1:38:28 PM     (No. 9743448)

P***ing away more of our money.

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Reply 11 - Posted by: Blue-Z-Anna, 2/23/2014 1:47:55 PM     (No. 9743456)

If we had taken the almost 20 trillion dollars we have borrowed from other countries and divided it by the 320 million citizens in the U.S. and issued them each a check..... we would be much further ahead than we are today.

It´s bad enough if you take my tax money and give it to my political opponents.......but when you borrow money in my name and give it to my opponents.....that may, very well, turn me into the dangerous terrorist that you accuse me of being.

(...so to speak)

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Reply 12 - Posted by: trackman999, 2/23/2014 1:57:53 PM     (No. 9743465)

Show of hands. How many of you think that obamas friends will personally profit from this?

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B-G1


 
Reply 13 - Posted by: artman1746, 2/23/2014 2:38:11 PM     (No. 9743497)



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Reply 14 - Posted by: artman1746, 2/23/2014 2:45:02 PM     (No. 9743502)

Chicago he knows is fertile ground for the corruption he knows so well. 1. Inject federal tax dollars in a fake program. 2. All supporters down the line get their cut in high paying jobs 3. Significant portion of our money gets funneled back as political contributions to finance Democrat party.

That´s the formulae for the "Chicago Way" that has been supplanted to DC on a national scale.

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Reply 15 - Posted by: strike3, 2/23/2014 2:53:19 PM     (No. 9743509)

Union labor, a thoroughly corrupt democrat-controlled town that has not seen an honest administration since the days of Al Capone. A city so greedy that they collect tolls from motorists every five minutes just for passing by the city. How could this not benefit us?

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Reply 16 - Posted by: SaguaroJack, 2/23/2014 3:17:10 PM     (No. 9743521)

So luss turn our crystal ball on THIS initiative and see how it´s gonna turn out.

I see truckloads of tax dollars headed to Chicago. I see crowds of company "workers," pockets filled to bursting. I see Obama coming to town and pronouncing the "initiative" a huge success.

Then I see the "initiative" declaring bankruptcy. Nobody can account for the near half-a-bil in taxpayer funds. Several scoundrels depart for years-long vacations on the French Riviera. Holder promises an investigation that never takes place.

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Reply 17 - Posted by: uno, 2/23/2014 4:13:12 PM     (No. 9743559)

Gosh Wally, who knew Bill Ayers was a "manufacturing" instructor...

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R_DBL_B
  


 
Reply 18 - Posted by: Rumblehog, 2/23/2014 4:58:21 PM     (No. 9743583)

Union-ville USA

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Reply 19 - Posted by: squid, 2/23/2014 5:56:58 PM     (No. 9743614)

This is funny because it was already tried and failed.

From the mid-1980s to 2000, the area along Route 55 (primarily from Naperville to Aurora) was designated as the Illinois Technical Area. It was made up of AT&T Bell Labs (Later Lucent), Unisys, Tele Labs, Motorola, etc., etc.

The Tech Recession of 2001 literally destroyed the businesses all along that strip: Empty buildings, tens of thousands of tech people out of work, a real mess. Only in the last two years have things stablized and some banks, etc. are now renting the empty buildings.

Now President Obama is going to try and restart it again? Hahahahahaha ..... Why not just flush the money down the toilet? Unless, of course, the money is really going to end up in the pocket of a Chicago Politician/Businessman/Lawyer.

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Reply 20 - Posted by: 3XALADY, 2/23/2014 6:29:55 PM     (No. 9743632)

A week ago Friday Sean Hannity announced a new jobs initiative and I bet it cost him zip, zero and nada! He had two guys on his radio show who hired people for truck drivers and some other jobs in the oil fields in South Dakota. He interviewed the guys and had them give their phone number and website. Heard later thousands of people made contact with them. One even said if a person had good enough qualifications, it wasn´t outside the realm of possibility that they would be flown to SD for an interview. This is a continuing thing for Sean. Why can´t Zippy´s employment department do something like this rather than throwing millions here and millions there that accomplish nothing. Sadly I know the answer. PS you can find something about this on SeanHannity.com (I think).

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Reply 21 - Posted by: Lonestar Jack, 2/23/2014 6:32:54 PM     (No. 9743634)

Forget Chicago or gangsterland and locate it in a Right to Work State where the graft is at a low point.

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Chicago picked as site for
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Posted By: mambo 5- 2/23/2014 12:05:21 PM     Post Reply
Chicago will be the site of a digital manufacturing institute backed by $70 million in federal money and another $250 million in private and other government funding, giving the city, once a factory town, a better chance to re-establish its credentials as a modern maker of things. The decision, to be announced officially Tuesday by President Barack Obama, was hotly anticipated by city and state officials who recognized the opportunity to jump-start high-tech manufacturing as a core component of Chicago’s economic vision.

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