How ironic Pres Obama is traveling to Cincinnati, Ohio today to talk about jobs...jobs that were saved in this area and throughout Ohio by his admin's bailout of the U.S. auto industry. Mitt Romney on the other hand said he would let Detroit go bankrupt, which Pres Obama will no doubt remind the good people of Cincinnati.
Timing could not be more interesting for Pres Obama to visit Cincinnati...Cincinnati is the location of Proctor & Gamble's headquarters and P&G employees/stockholders recently got news that Wall Street corporate raider Bill Ackman of Pershing Square, ala Bain Capital, is buying a 51% stake in P&G. Nobody yet knows what this means for P&G, but it's for sure WS corp raiders buy into a corps expecting to reap a huge payoff - see Mitt Romney's Bain Capital.
What is so ironic about the latest development at P&G is this section of Ohio is very conserv, and one could reasonably expect it would vote for Mitt Romney - but now that the culture of Cincinnati's largest employer is about to change and jobs/retirement investments are at stake, the history of a conserv culture in Cincinnati may also change.
"If you don't think too good, don't think too much"
-Ted Williams
