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01:20 PM on 09/24/2012
Correction: President Obama loves car workers who will organize, donate, and work on behalf of his campaign. He loves votes, not them.
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bushywhacky
Gods' crash-test dummy
02:13 PM on 09/24/2012
Give it a rest. Have you any idea what would have happened if all those people lost their jobs. Ah never mind, go out and get yourself a deal on some cheap stuff made in China by slave labor and owned by the rich guy with nothing better to do with his life than blow a few million in a failed attempt to be the next president
02:48 PM on 09/24/2012
Yep, the strong would have survived. Ford volume would have doubled and those workers would have been gobbled up by other manufacturing plants in the US building Fords, Toyota, Honda, Mercedes, Volkswagen...The Sales would have still been there to drive production...just into a better run company. It was a ploy to eliminate debt and force the Union hand. In BK proceedings when the Gov't dictates...Unions remain silent, and are being paid for and influenced to do so.
01:17 PM on 09/24/2012
GET YOUR CHEVY VOLT NOW THEY ARE PRACTICALLY GIVING THEM AWAY
AFTER ALL, THEY GOT YOUR MONEY TO DO IT......
and still owe millions to taxpayers. BUT they found money to give out bonuses......
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bushywhacky
Gods' crash-test dummy
02:15 PM on 09/24/2012
Instead of just whining why don't you find a job that pays bonuses !
03:02 PM on 09/24/2012
i have one
the potus whined about banks giving bonuses after getting bailouts and it PROVED how little he really knew about private sector business......
01:13 PM on 09/24/2012
well there you go again, you don't feel for all of the people who were cheated, when the car companies went bankrupt, it was their hard earned money, that was handed over to others. Because of the powerful unions, America is going broke, we are not staying competitive at all, if the union folks feel they are better equip to run a company, then let them pool their monies together and start one, take the risk for themselves, they have so much money in the coffers, why not take the risk, because they know they might fail.
I am tiered of people not taking responsibility for their actions, I understand why businesses move to other countries, why put up with greedy unions, when you don't have too, move the jobs away, if the unions don't wake up, there wont be any jobs for them, it seems that most union workers have a sense of entitlement, to the companies and stock holders money, with the great big retirement deals, that need to be paid, when a worker leaves and no work is performed is a big problem, because the cost have to be incorporated into the price, keeping the auto, or other industries, out of the competitive zone, and the price is too high, if you take the actual cost to build a car, without all of the cost attached, you could buy one rather cheap, this is what is holding America back, some of these cost, I talk about.
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Teresa Martinez
01:33 PM on 09/24/2012
So how long are you going to work for $0.50 an hour? Your answer is for all workers to work at the pay rate of the lowest common demonator. Really? How dare those greedy workers even think that they should be able to feed their kids after only working 60 hours a week. Really?
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USW Blogger
01:35 PM on 09/24/2012
So, basically, in your mind America is "held back" by companies paying highly skilled workers decent middle class wages. You are all for sending jobs to China when workers are treated like slaves. And you appreciate it when you can buy foreign-made stuff a few cents cheaper (cause the off shoring companies sure as hell keep most of the savings as profit). You are all for China dominating America in manufacturing. You shun the patriotic "Buy American" push. You are fine if Chinese exports to the United States so exceed our exports to China that America owes Chins it's shirt. Did it ever occur to you that those auto workers lost stock I. Those companies in those bankruptcies? Did it ever occur to you that worker pension funds lost massively in those bankruptcies? No. It didn't. Because you and Romney are all about the 1%. You hate workers.
wsdave
Abusive or Insulting? I won't be responding.
02:21 PM on 09/24/2012
"So, basically, in your mind America is "held back" by companies paying highly skilled workers decent middle class wages."

Only when they steal from other working class people to do it.
02:36 PM on 09/24/2012
Uh, the UAW pension funds were restored.
01:12 PM on 09/24/2012
Romney wrong again , what a shock!! lolol
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shankapotomus
01:45 PM on 09/24/2012
No Obama was wrong.
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10:40 AM on 09/25/2012
hahaha! a Yes-No argument! Adorable!
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Randy Altstock
If you want it, work for it.
01:56 PM on 09/24/2012
Romney was right... if you don't believe me check the current price of GM stock,
02:52 PM on 09/24/2012
Check the half a million families who would have been affected. We know Romney would have shut it down and probably pocketed millions of dollars doing it. That was his job at Bain Cap.!!
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heterodoxlibertarian
small government liberal
03:08 PM on 09/24/2012
If you want to read more on this check out George Will in the Washington Post. His column "Liberalism, as we know it" is a devestating critique of Obama's government centered vision as it relates to the bailouts and his "investment" vision more broadly.
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FirstGame72
The Sleep of Reason Produces Monsters
01:08 PM on 09/24/2012
It's simple really:
All Republicans love capital and hate labor. Even when they ARE labor and will never be capital.
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heterodoxlibertarian
small government liberal
03:09 PM on 09/24/2012
Totally wrong. Republicans, and many Democrats, hate when government forcibly seizes our money and gives it to companies that failed to please us as consumers.
01:02 PM on 09/24/2012
Obama Luvs Unions, PERIOD.
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Randy Altstock
If you want it, work for it.
07:48 PM on 09/24/2012
Obama does love unions. When he used millions of government dollars to "bail out" GM, he wasn't trying to save the industry, he was preserving UAW. How many dollars per UAW vote did the US taxpayers fork out?
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10:43 AM on 09/25/2012
How many dollars does the government give oil companies every year? Is that for votes? Maybe it's so those big oil companies turn around and give untold millions to Republican members of Congress and Republican PACs and SuperPACs.
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12:56 PM on 09/24/2012
Umm Leo, Detroit DID go bankrupt.
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01:37 PM on 09/24/2012
Right. A controlled bankrupcy. Not the disaster Romney was pushing for.
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01:57 PM on 09/24/2012
That's exactly what he called for before we gave them billions. Get your talking points straight.
06:20 PM on 09/24/2012
Romney Called for a controlled bankruptcy, get your Facts Straight!!.
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William Occam
Do not assume
12:20 PM on 09/24/2012
Go get the Chinese for selling us really good products really cheaply. Its so unfair that the Chinese subsidize their car industry. Oh wait a minute....er, ummm, didn't the US Government spend billions bailing out the US auto industry?

Move along. Nothing to see here.

http://bluecravat.blogspot.com/2012/09/obama-how-dare-those-chinese-subsidize.html
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01:40 PM on 09/24/2012
Good products? Like the tainted Chinese dog food that killed pets? Like the Chinese dry wall that poisoned houses? Like the tainted Chinese Heparin that killed some 80 American heart patients? Like the Chinese toys covered with toxic lead paint? Yea. Real quality stuff.
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William Occam
Do not assume
02:26 PM on 09/24/2012
Oh yes. All Chinese products are poisonous....sorry forgot about that. Oh no wait a minute. If all Chinese products were poisonous no-one would buy them and last time I checked we imported quite a few things from China. Call me crazy but I am guessing not all of them are bad....
02:40 PM on 09/24/2012
Chinese car industry?

Lolwut?
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Straggler
Life is a protrusion within a lawn mower
12:15 PM on 09/24/2012
And yet, Obama continues to support "free" trade policies that send American automobile jobs to China, India and Mexico.
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12:33 PM on 09/24/2012
Both parties support "free" trade.

President Obama AND Mitt Romney both support the Trans-Pacific Partnership trade agreement.

Get ready for Ross Perot's "giant sucking sound" to get louder.
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tharksketler
I'm talkin' about unchecked aggression here, dude
01:45 PM on 09/24/2012
Yet Ford decided to move production of the 2013 Fusion to Ohio from Mexico.
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07:15 PM on 09/24/2012
http://blogs.insideline.com/straightline/2012/01/2012-detroit-auto-show-2013-ford-fusion-revealed.html
2012 Detroit Auto Show: 2013 Ford Fusion Revealed

"...The Fusion will be built in both Hermosillo, Mexico, and Flat Rock, Michigan. The hybrid and Energi models will be assembled in Mexico only."
12:11 PM on 09/24/2012
Yup, and all of his car czars drove foreign cars...
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USW Blogger
01:42 PM on 09/24/2012
That assertion is FALSE. Ron Bloom drove and drives American cars.
12:06 PM on 09/24/2012
The worker? No, the union bosses who have control over the average union worker's individual choices.
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USW Blogger
01:44 PM on 09/24/2012
Wow. Those union workers must be a bunch of panty-waists patsies. Crybabies, all trembling and fearful of the men and women they elect to union offices!
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tharksketler
I'm talkin' about unchecked aggression here, dude
01:47 PM on 09/24/2012
No, the democratically elected union leaders who use union funds to support politicians who support policies that protect workers from being exploited.
02:15 PM on 09/24/2012
I know from personal experience that this is not so. It's the workers who are being exploited.
11:43 AM on 09/24/2012
I refer to recent news items by Kenneth Bickers and Michael Berry, who are economics professors at the University of Colorado. The BnB boys have correctly predicted the winners of every Presidential election since 1980, and this year their prediction is a landslide Romney victory, tallying 320 electoral college votes and over 52% of the popular vote. Their computer models suggest that any Presidential incumbent loses the advantage of that incumbency with an unemployment rate over 5.6%. Check it out at the following link: http://dailycaller.com/2012/08/23/university-of-colorado-prediction-model-points-to-big-romney-win/
russeolson
I think. Therefore I am not ... a Republican
01:52 PM on 09/24/2012
The problem with their model is they only go back to 1980. They need to back to 1932 when we were recovering from Hoover's Great Depression for a more representative model.
11:25 AM on 09/24/2012
here's another funny one: they say obama likes the auto workers,cadillac is moveing to china,some gm to brazil & fisker to finland + want's a tariff on china car parts?,,,what dose that do to the cadillac car parts,,,made thier
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12:25 PM on 09/24/2012
GM is building cars in China for the Chinese market.

The auto industry is globalized. Ford, GM, and Chrysler build vehicles in Mexico for the U.S. market, using Mexican autoworkers who're paid $ 26 A DAY.

They have offshored non-manufacturing jobs for a decade.
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12:31 PM on 09/24/2012
http://www.factcheck.org/2012/05/stimulus-money-for-jobs-overseas/
FactCheck.org : Stimulus Money for Jobs Overseas?

"...Jobs in Finland

[snip]

The Fisker loans came in two parts. The first part, according to a statement from Dan Leistikow, a spokesman for the Department of Energy, was a $169 million loan guarantee to support the development of Fisker’s first luxury electric car, called the Karma. The company has made about 1,400 of them so far (and sold 800 for about $97,000 apiece), all of them assembled in Finland. But the Department of Energy and Fisker insist the government loan money was spent exclusively in the United States “to support the engineers who developed the tools, equipment and manufacturing processes for Fisker’s first vehicle, the Fisker Karma.” According to Fisker officials, that work was done in Fisker’s U.S. facilities, including its headquarters in Irvine, Calif.,”which has 700 employees and plans to continue hiring.”

Fisker has raised over $1 billion in private equity, Fisker spokesman Roger Ormisher told us. That private money was used to finance the manufacture the cars in Finland, he said, while the DOE loan was used exclusively in the U.S. for engineering, design and marketing, and sales. That supported more than 600 jobs in the U.S., he said.

“All of the DOE loan money that we got for the Karma project had to be spent in America,” Ormisher said...."
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shankapotomus
01:47 PM on 09/24/2012
Of course he said that.
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Honey Bucket
11:24 AM on 09/24/2012
This bailout is one of the reasons why I'm voting for Obama.
He has the interests of Americans so much more at heart than Romney.
Romney offshored American jobs just so he could make more money, put his billions off shore to avoid paying taxes and helped foreign investors avoid paying US taxes due by setting up accounts off shore to avoid and get out of paying the proper taxes.
No way would I vote for the creep, Romney.
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conveyeroftruth
It’s good to be the herald of truth!
11:24 AM on 09/24/2012
President Obama’s unique contribution was effectively to nationalize the company, seeing to it that the federal government violated normal bankruptcy processes and legal precedent to protect the defective element at the heart of GM’s troubles: the financial interests of the UAW. It did this by strong-arming GM’s bondholders into taking haircuts in order to sweeten the pot for the UAW. The Obama administration also creatively construed tax law to relieve GM of tens of billions of dollars in obligations — at the same time that Barack Obama & Co. were caterwauling about the supposed lack of patriotism of firms that used legal means rather than political favoritism to reduce their tax bills.
Mitt Romney’s proposal for a structured bankruptcy would have necessitated considerable federal involvement, too, but with a key difference: The UAW contracts would have been renegotiated, and GM’s executive suites would have been cleaned out, placing the company on a path toward innovation and self-sufficiency rather than permanent life support. Which is to say, Obama did for GM what he is doing by un-reforming welfare: creating a dependent constituency.
http://www.nationalreview.com/articles/316379/democrats-gm-fiction-editors#
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01:53 PM on 09/24/2012
So much false here.
Obama is not restructuring welfare. Seek last week's blog by Leo Gerard on Huffington.
The CEO Of GM was removed.
The UAW contracts were renegotiated and workers took "haircuts. " and workers lost their stock in the company.
Romney wanted a liquidation, not a structured. Ankrupcy because there was no private capital a ailable for a private structured bankrupcy in the early days of h Wall-Street-caused recession.