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A week to go

24 comments

It’s about Obama’s auto bailout and how Chrysler has sold Jeep to FIAT who will build the cars in China.

My favourite comment on the election in the last two days was from someone who knew Detroit was going to lose the World Series (which they did in four straight games) because they had been endorsed by Obama. As he explained, everything Obama supports screws up. As I say, a week to go.

Written by Steve Kates

October 30th, 2012 at 8:07 am

Posted in Uncategorized

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24 Responses to 'A week to go'

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  1. Hard to understand why this is good – sounds like protectionism.

    Sinclair Davidson

    30 Oct 12 at 8:10 am

  2. The point is not where Jeeps should be built, and who should own the company but is a direct response to Obama’s continuing attack on Romney that he was complicit in relocating American jobs offshore. So here we have Obama’s supposed great accomplishment in saving the auto industry but as it turns out, not only has it not saved many of those jobs after all, not only is production of Jeeps going offshore but to cap it all, the production may end up in China which, according to Romney’s campaign, cheats in the way it competes. A very effective ad for Michigan, I think.

    Steve Kates

    30 Oct 12 at 8:24 am

  3. Sinc

    I think Romney is bullshitting about being tough on China. It’s just a campaign ploy. He’s basically a free trader.

    JC

    30 Oct 12 at 8:29 am

  4. Sinc

    I think Romney is bullshitting about being tough on China. It’s just a campaign ploy. He’s basically a free trader.

    He will label China a currency manipulator on Day 1

    That will happen and so far as it goes that is no bad thing.

    JamesK

    30 Oct 12 at 8:34 am

  5. Steve – I think you’re reading too much into this. A man who promises to ‘save’ Detroit with Lee Iacocca supporting his position is not a good candidate. How can you possibly support such a position? He will be an Obama-lite president. In fact on this he is promising to outflank Obama on the left!.

    Sinclair Davidson

    30 Oct 12 at 8:36 am

  6. Awww… Clinton: Romney’s Jeep Ad Hurt Obama’s Feelings The Most

    “I saw the reports of Governor Romney’s latest ad saying that the president had allowed Jeep to move to China. And so this morning, before he left Florida and went back to Washington, he said, ‘You know, of all the things Governor Romney has said that probably hurts my feelings the most.’ He said, ‘You know, I never had any money when I was a kid. And the first new car I ever owned I was 30 years old it was a Jeep,’” former President Bill Clinton said at a campaign event in Ohio today.

    ROTFLMAO

    JamesK

    30 Oct 12 at 8:38 am

  7. He will label China a currency manipulator on Day 1

    That will happen and so far as it goes that is no bad thing.

    how are China manipulating their own currency exactly. It’s undervalued and has been for a long time. This gives US consumers the opportunity to buy cheap goods. Furthermore that charge could also be leveled against the US with it QEing and zero interest rate policy.

    I’ve always maintained Romney’s China policy is crap. But I also thought he’s lying.

    JC

    30 Oct 12 at 8:41 am

  8. oops is China

    JC

    30 Oct 12 at 8:42 am

  9. Sinc

    I think Romney is bullshitting about being tough on China. It’s just a campaign ploy. He’s basically a free trader.

    After the Obama Admin & the Democrats got accolades at the DNC convention (did you hear the Clinton speech?) for going full economic retard any hope of economic sanity in this election.

    There was no accountability thrown on the DNC from economists for those brain-dead statements, and after the polls in rust belt states went to Obama it was clear Romney needed to go populist.

    Token

    30 Oct 12 at 8:46 am

  10. how are China manipulating their own currency exactly.

    Oh come on. You’re not that naieve.

    I agree with your original comment.

    Romney can’t not label them a currency manipulator on Day 1.

    The Chinese know that.

    An agreement and a ‘blossoming of the close Sino-US relationship’ will be heralded mid/late in 2013.

    The Chinese prefer Romney over Obama the same way they preferred Howard over Kruddy and for the same readon – stability and predictability.

    There’ll be a new leadership in China at the same time as the new leadership in Washington.

    Sinc is buying the trade war leftist fear-mongering.

    Ain’t.gonna.happen

    JamesK

    30 Oct 12 at 8:50 am

  11. …any hope of economic sanity in this election ended.

    Token

    30 Oct 12 at 8:50 am

  12. Detroit went broke because the UAW raped the industry, not because China builds cars.

    JC

    30 Oct 12 at 8:55 am

  13. Detroit went broke because the UAW raped the industry, not because China builds cars.

    Scott Walker’s campaign in Wisconsin was built around bringing down an out of control union machine in local government. There was a similar victory against out of control unions in Indiana. The Ohio governor made the mistake of taking on the police & fire unions when he tried.

    The Republicans governmors are working to address these issues.

    Token

    30 Oct 12 at 9:08 am

  14. Chrysler didn’t sell Jeep to Fiat. Jeep is a division of Chrysler still, and Fiat owns the lot.

    Paul

    30 Oct 12 at 10:32 am

  15. watch this video: http://www.youtube.com/watch?v=e8tOeICcOP4

    Andy's RANT!

    30 Oct 12 at 10:42 am

  16. “not only has it not saved many of those jobs after all, not only is production of Jeeps going offshore but to cap it all, the production may end up in China”

    Chrysler says they are expanding production in China, not moving jobs out of the US. In fact, they’re also adding jobs in Ohio factories.

    Jarrah

    30 Oct 12 at 10:51 am

  17. “Chrysler says they are expanding production in China, not moving jobs out of the US.”

    Spin it how you like, Chrysler are still choosing to employ Chinese workers over American ones, otherwise all the production increases would be in the US wouldn’t they Jarrah?

    Don’t subscribe to the whole “manufacturing overseas is bad” line myself, but it puts Obama in a position where he can claim he saved the auto industry by continuing GWB’s plan OR attack Romney for outsourcing jobs overseas.

    Unless of course he starts attacking Chrysler as well…

    scotty

    30 Oct 12 at 11:35 am

  18. pure comedy: Biden vs Biden http://www.youtube.com/watch?feature=player_embedded&v=RUh6_koE7z8

    Andy's RANT!

    30 Oct 12 at 11:53 am

  19. Are the lies and naked protectionism worthy of some condemnation as well?

    Or are do people only hold the Romney campaign to impossible standards?

    Token

    30 Oct 12 at 3:19 pm

  20. It makes sense to build cars in China, the Chinese people will have the money to buy cars, the poor Americans will be paying off their 16 trillion debt till 3200.

    And it will free up resources in America to produce other things, as soon as the Obama administration builds whatever the car companies ‘don’t build’.

    Forester

    30 Oct 12 at 4:19 pm

  21. “Spin it how you like”

    The facts aren’t spin.

    “Chrysler are still choosing to employ Chinese workers over American ones”

    That’s spin.

    Jarrah

    30 Oct 12 at 7:08 pm

  22. from http://www.washingtonpost.com/opinions/richard-cohen-obama-the-president-who-seems-not-to-care/2012/10/29/a52246a0-21e2-11e2-ac85-e669876c6a24_story.html

    But somewhere between the campaign and the White House itself, Obama got lost. It turned out he had no cause at all. Expanding health insurance was Hillary Clinton’s longtime goal, and even after Obama adopted it, he never argued for it with any fervor.

    In an unfairly mocked campaign speech, he promised to slow the rise of the oceans and begin to heal the planet. But when he took office, climate change was abandoned — too much trouble, too much opposition.

    His eloquence, it turned out, was reserved for campaigning. Obama never espoused a cause bigger than his own political survival.

    Jim Rose

    30 Oct 12 at 10:40 pm

  23. from http://www.washingtonpost.com/opinions/michael-gerson-obamas-discrediting-victory/2012/10/29/df50779c-21e8-11e2-ac85-e669876c6a24_story.html

    OWhen the ideological stakes are highest, Obama jettisons bipartisanship with little thought or regret. He was perfectly willing to reorganize one-sixth of the economy on a party-line vote. He has employed tactics that ensure future partisan bitterness.

    His persuasive powers on the issue of health care turned out to be limited. The more he spoke, the less public support he found. But he proved incapable of creative ideological readjustment.

    Obama’s largest achievement turned out to be a self-indictment.

    He has not shown the leadership skills or the inclination to create consensus around large issues.

    The problem is that large issues — avoiding the fiscal cliff, reforming the tax code, making entitlement commitments more sustainable — are coming. Either Obama will have to become an entirely different type of leader — or America needs a new one

    with friends like this, you do not live to face your enemies.

    Jim Rose

    30 Oct 12 at 10:43 pm

  24. Awkward to be making this claim while:

    “In fact, Chrysler is investing $500 million at its Toledo North Assembly Plant and plans to add 1,105 new workers by the third quarter of 2013 to build an all-new SUV that will replace the Jeep Liberty.”

    Cranto

    30 Oct 12 at 11:59 pm

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