Tire Industry Jobs Returning After Obama Enforces Trade Laws
Less than three months after President Obama enforced U.S. trade law and provided relief to the domestic tire industry in response to surging exports of tires from China, there are signs the tire industry is rebounding.
Writing on the Campaign for America’s Future website, Dave Johnson reports that Cooper Tires is adding 100 new jobs to its plant in Findlay, Ohio, where unemployment is 9.1 percent. He quotes Findlay’s Mayor Pete Sehnert who told Toledo on the Move.com:
That’s 100 more people working. That’s 100 more people spending their money in our community, paying their bills, paying their taxes so it means a lot.
David vs. Goliath: The Fight Begins for Reform of the Financial Industry
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Most Americans want strong regulation of our nation’s financial markets, according to a poll released today by Americans for Financial Reform (AFR), a coalition of nearly 200 investors and civil rights and community organizations.
The poll, conducted by Lake Research Partners, surveyed 900 likely voters in 77 “Blue Dog” or conservative Democratic districts and those in politically competitive Democratic districts.
More than two-thirds of voters in all the districts support creating the Consumer Financial Protection Agency (CFPA) to “create and enforce a strong set of rules to require fair, affordable, understandable and transparent financial products like bank loans, mortgages and credit cards for families and small businesses.”
When asked if there was too much, too little or just the right amount of regulation of banks, the stock market and credit card companies, voters agreed, by a 23-point margin, there’s too little rather than too much regulation.
