Showing posts with label automobile industry. Show all posts
Showing posts with label automobile industry. Show all posts

Monday, February 06, 2012

GOP gets rabbit ears on the Clint Eastwood Chrysler commercial

Republican Clint Eastwood is catching all kinds of grief for making a commercial for Chrysler saying that "It's time for the second half in America." Of course this aired during the Super Bowl, so the slogan was logical.

But beyond that, it clearly tags with Chrysler's comeback. They are trying to sell cars, and their comeback story is a big part of their sales campaign.

I don't see what the big deal is about it, but some Republicans are upset about the commercial, claiming that it is really about President Obama's re-election campaign and alludes to a second term. That of course is hogwash; the commercial is about selling cars.

This kind of paranoid overreaction does however say a lot about the psyche of a lot of the Republicans who are blasting it. They know that President Obama took a big risk and bailed out Chrysler and General Motors. It has in fact been a smashing success. Unemployment in the city of Detroit has shot down from over 16% when he bailed out the two auto companies to about 9% today. The city is making a comeback, and the resurgent auto industry is the main reason why. Republicans, including Mitt Romney, criticized the President for the bailout at the time. So now that Detroit is back they can't avoid seeing the credit going to the President. Maybe they'd prefer that Chrysler and General Motors not show off their successes until after the election?

They also know that this has been a good week for the president. Following the January jobs report in which almost a quarter of a million net jobs were created, new polls by ABC News and Rasmussen both have Pesident Obama jumping out to a statistically significant lead against Mitt Romney.

Having gambled on the economy failing, and doing everyting they could to obstruct and not cooperate with the President and make it clear they were being uncooperative, the GOP is now on the verge of getting caught in a political no man's land.

So the truth is that Karl Rove, Mark Steyn and some of the other Republicans who have jumped all over Clint Eastwood about this, are spooked. If they hear in the phrase, "second half in America" an echo of Reagan's "morning in America," maybe it's less that the message was overtly political as it is that they know they are on the wrong side of an improving economy, and their negativism won't last until November.

Saturday, December 13, 2008

Republicans shoot themselves in the shorts.

When things are going well, even when you appear to lose, they end up going the way you wanted. Hence the situation for Democrats on Capitol Hill and the auto industry bailout.

A couple of weeks ago, Democrats in Congress were adamant that the auto bailout should come from the Troubled Asset Relief Program (TARP), the $700 billion bailout mainly targeted towards the financial industry that Congress passed earlier this year, or if not from that source then in the form of a loan from the Federal Reserve.

The Bush administration and Treasury Secretary Hank Paulson balked at that and refused to spend money from the program, asking instead the Congress pass a separate bailout for the auto industry. And after making that clear, President Bush threatened to veto any bailout that took money from the TARP program (even future funds from it), and instead insisted that it should come from $25 billion already appropriated and earmarked to go to the Detroit automakers under a seperate bill to finance research and development of new cleaner and more fuel efficient vehicles.

After several days of negotiations with the White House, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid backed down and agreed to tap the research and development money. They agreed to a $14 billion package, which would keep the automakers solvent until January, when the next Congress and President can develop a longer term plan.

So then members of Congress started questioning union contracts. And the union made some concessions on payment to laid off workers and health care.

Once those were in, Harry Reid made another concession and agreed to not give Federal judges a pay raise in order to rope in wayward Democrat Clair McCaskill of Missouri.

So then Senate Republicans started demanding that the bill included a new wage structure in which union workers in Michigan would be paid on the same wage scale as non-union workers in Alabama. The union refused.

So then they launched a filibuster that garnered 43 votes, enough to block the measure. It died in the Senate.

So yesterday White House spokeswoman Dana Perrino said that the Bush administration will look at using TARP funds, or if not that then a loan from the Treasury Department. Heck, by the end of the day yesterday the White House announcement even had GM stock almost all the way back where it started the day.

Either way, whether TARP funds are used or it comes from the Treasury Department, this is where Democrats began on this whole thing. The $25 billion fund for cleaner vehicles will remain intact, there will be very few strings attached relating to union benefits, and the judges will get their pay raise.

Which is exactly what the Democratic leadership's position was in the first place.

It's great when your opponent is a party as leaderless, as directionless and as tied in knots as today's GOP. Even when they beat you, the result is that you actually get what you wanted to begin with.
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