Obama Halves Chrysler's Marketing Budget

Ad Age:

DETROIT (AdAge.com) -- Chrysler wanted to spend $134 million in advertising over the nine weeks it's expected to be in bankruptcy -- the U.S. Treasury's auto-industry task force gave it half that.

Read the whole story: Ad Age

Comments

[funkalicious]

Nothing like cutting the marketing budget of a failing entity. May as well cut their other leg off.

I guess cutting their marketing and Advertising budget will strengthen FORD because FORD will have to compete with a bailed out bankrupt Chrysler.

And Tell me again how it is buying American if the Italians own the Company?

Central planning will finish off Chrysler quickly. they will be dead in a year why advertise that?

[UNLVGOP]

Can somebody explain to me how this move makes Chrysler stronger?

[obamaluv]

This will cause jobs lost. Add agency media , newspapers and magazines are in enough trouble.

[RageCage]

Surely not even the liberals on this site can agree with this power grab? What's next, Obama being able to force corporate executives to resign?

[jsgaetano]

If they didn't want to follow Dad's rules, they shouldn't have moved into his house and asked him to pay all their bills.

Sorry pal, this isn't wingnut welfare, where they just get handed billions of dollars and told "hey thanks for playing! Free Market, woohoo!!!"

Conservative economic policies have failed. It's time to let the adults run things.

[RageCage]

Which conservative economic policies have failed? The ones that weren't tried. The ones that says don't pay for stuff you don't have the money for? The ones that stress government to get the 'F out of our business?

[UNLVGOP]

But how does this make Chrysler stronger?