Ron Bloom to be new Obama Manufacturing Adviser

The Obama administration has appointed Ron Bloom to be the new manufacturing adviser. He was head of the auto bail out task force.

Most interesting is he worked for the United Steelworkers Union, but has our classic Harvard MBA.

Since February, Mr. Bloom has been a senior adviser to Treasury Secretary Timothy F. Geithner. He sits on the president’s automotive industry task force. The White House said Mr. Bloom would continue that position and would expand his role to coordinate the administration’s manufacturing policy with the Commerce, Treasury, Energy and Labor departments.

The White House said Mr. Bloom would work with the National Economic Council to help lead policy development and strategic planning for “the president’s agenda to revitalize the manufacturing sector.”

“Ron has the knowledge and experience necessary to lead the way in creating the good-paying manufacturing jobs of the future,” Mr. Obama said in a statement released Sunday night. He cited the first expansion in the country’s manufacturing sector in 18 months as an early sign of economic recovery and part of his reasoning in naming Mr. Bloom to his new position.

I guess we can get a flavor of what he would do in looking at the GM and Chrysler auto bail outs.

So, Mr. Bloom is the man, now hopefully he will listen to all of the well through out plans that have been not even getting lip service in D.C.

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Just lip service?

Obama so far as not shown the courage and leadership necessary to revitalize the manufacturing sector.

RebelCapitalist.com - Financial Information for the Rest of Us.

could very well be

Although we should probably look at what the deal was with the auto bail out for more intel, but it could be worse, in terms of putting up a token fall guy.

But I agree, I wrote piece after piece during the primaries on how Obama just completely ignored, except many to increase the offshore outsourcing of it....the manufacturing sector.

So, I'm taking this news as a positive with caution.

This RSS feed goes out to a lot of manufacturing groups, so I'll be looking to see what they say (economists heavily focused on manufacturing, trade).

Intel on Obama Administration so far:

"Buy American" provision in stimulus. This is not news to you, Robert:

Commerce Secretary Gary Locke recently waived important portions of the "buy American" obligation for the Broadband Technology Opportunities Program, saying they would be inconsistent "with the public interest." And the Office of the U.S. Trade Representative has been working for the last month to curtail the inclusion of any such provisions in future U.S. legislation.

Buy American-Why Not?

This would not be the first:

1) Jared Bernstein, one of the few (possibly only) progressive minded economists, is neutered.

2) Much talked about "Middle Class Task Force" - which I think Bernstein is part of. What are they going to do - probably nothing?

RebelCapitalist.com - Financial Information for the Rest of Us.

Great catch! And it figures.

When Gary Locke was governor of Washington state he offshored the state jobs at 49 out of 51 state agencies. He also happened to shut down a mental hospital for the criminally insane (and one can only guess where they are at now). Locke is the perfect neoliberal swine for the job.

I can't help but add this: just cross reference the membership list of that lobbyist group for the ultra-rich (and most anti-worker and anti-union bunch around), the American-based, international Bretton Woods Committee with the members of the Peterson Institute for International Economics, and also with the Group of Thirty (G30) -- and everything is explained.

And it was the Bretton Woods Committee who were responsible for pressuring congress to water down the "Buy American" clause in the stimulus package, claiming it didn't agree with the WTO Financial Agreement, when in absolute legal reality, it is those bank bailouts which are in violation of the WTO Financial Agreement!