Now that President Obama has decided to scrap his failed GM bail-out agenda and adopt most of Mitt Romney’s strategy, can we have our $20 billion back?
Mitt told us so.
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Kristofer Lorelli can be contacted at lorville@rogers.com, on Facebook and twitter/Kris_Lorelli.
June 1st, 2009 at 12:07 pm
I told you so.
formerly RayinNH
June 1st, 2009 at 12:36 pm
Why isn’t he president?
June 1st, 2009 at 12:44 pm
“Why isn’t he president?” Because a) he lost the nomination and b) people wanted change. While I hope Mr. Romney is not our nominee, I am glad that he is promoting capitalism in the auto industry.
June 1st, 2009 at 12:48 pm
Aaron W.,
Because his campaign was not good enough.
June 1st, 2009 at 1:23 pm
Thanks for posting this.
I think that 2012 will be a far different situation than 2008. There were a lot of republicans who voted for Obama because it was trendy and cool. Now, less than a year into his presidency, they are being disabused of such notions when they face real consequences for voting Obama in.
June 1st, 2009 at 1:44 pm
Ohio Joe, why woudn’t you want him to be the republican nominee?
June 1st, 2009 at 1:44 pm
Mitt’s not just strong on capitalism….he’s very strong on all three legs….nobody else even comes close.
June 1st, 2009 at 1:56 pm
#2 “Why isn’t he president?”
The person who becomes president is based on their campaign, not how good they are or if they should be president. That is why we have Obama!
June 1st, 2009 at 1:57 pm
Maybe I misunderstand, but why is nationalisation (and it is, no matter what it might be called) a good thing? What’s capitalist about that?
June 1st, 2009 at 1:59 pm
#6,
Because the last time I checked, OHIO is a Sarah Palin man. You still are, aren’t you, OHIO?
June 1st, 2009 at 2:04 pm
#9,
I have not the pleasure of understanding you. To what are you referring?
June 1st, 2009 at 2:07 pm
Rich,
I said, “most of”, not ‘all”.
June 1st, 2009 at 2:10 pm
“#6,
Because the last time I checked, OHIO is a Sarah Palin man. You still are, aren’t you, OHIO?”
BINGO, and no I have not decided who to back is Mrs. Palin won’t run mostly because I still believe she will run, but Mr. Romney, Mr. Pawlenty and Mr. Huckabee would all be strong candidates if one of those win the nomination.
June 1st, 2009 at 3:05 pm
#13.OHIO,
I have the advantage over you, there. There is little question as to whether or not my man is running. Short of Ann’s health taking a turn for the worse, he’s in. All signs point to it. Nothing remotely suggests otherwise.
Your favorite, on the other hand, is sending out decidedly mixed signals. She seems to be retreating back to Juneau to devote 99.9% of her time as Alaskan Governor. She is doing less and less on the National stage.
Sure, she is making the occasional appearance. She even gives a speech now and then, but they are nowhere near the frequency of Romney or even Huckabee. She is starting to recede from the nation’s conscience. Most polls place her behind Huckabee and Romney.
Of course, that can turn around very quickly. She has many very loyal supporters, and her charisma is undeniable. However, if she is serious about 2012, she has to the end of the year to do something about it.
Think about it. She is going to be busy all year 2010 getting re-elected Governor. Any National politicking, even the slightest hint of it will allow her opponent to paint her as one who won’t be paying any attention to her job if re-elected. So she is forced to devote 2010 exclusively to Alaskan politics and leave the National scene completely.
Can she afford to leave the field completely to Huckabee, Romney, and others between now and 2011? I really don’t think so. If she does, she will be so far behind by 2011 as to require great effort to catch up. Will the good people of Alaska approve of their sitting Governor spending so much time out-of-state in 2011? I think not. So if she wants to make a serious run in 2012, I predict she will start making some serious National noise this year so she can afford to take next year off, OR she will announce she will not be seeking re-election in 2010. If not, I suspect she is passing up 2012 for 2016.
Your thoughts?
June 1st, 2009 at 3:16 pm
This video just falls right into Romney’s wheelhouse. He’s a turnaround specialist and if the auto industry was smart they would have started listening to him some time ago. Upper management and the UAW created their own downfall, and the sooner they listen to the turnaround specialist, the sooner their industry will be back on their feet.
June 1st, 2009 at 3:17 pm
Well, perhaps you do have an advantage MarK. I believe you have a strong candidate, but I also think my candidate is strong. Yes, my candidate does have a state to run where the other 2 do not. However, this can be a blessing as well as a curse. Yes, I’m biased, but I do see my candidate on the national stage. If she does her job well in her own state, the general public will most likely respect her for that. I agree it is a difficult balancing act to campaign both nationally and at the state level, but I think she is in the game.
June 1st, 2009 at 3:33 pm
“Most polls place her behind Huckabee and Romney.”
Most? MarK, you mean one?
June 1st, 2009 at 3:41 pm
By the way, anyone catch Playboy attacking conservative women?
http://hotair.com/archives/2009/06/01/its-official-playboy-is-a-hate-site/
June 1st, 2009 at 3:45 pm
OHIO,
I really think the logistics of Palin running in 2012 just don’t add up. Her 2010 re-election campaign really messes things up for her. If anything, her experience this past year has driven home the fact that her voters do not appreciate their Governor traipsing all over the country ignoring her duties back home. (Whether she is or not is immaterial. It is what people think that is important.) She is a great woman, but she isn’t Superwoman. And passing on re-election is problematic. She needs that for her resume and her seasoning.
Were you around here in 2007? Metro made a big deal about how Giuliani was going to blow everyone away. The rest of us kept pointing out the flaws in his campaign strategy (many of which Palin will be forced to follow if she runs for re-election next year). He kept on blissfully asserting that they weren’t really problems and even if they were, Rudy’s superior strategy was the answer to them. Rudy was such a strong candidate, etc., etc.
It didn’t work. It didn’t work in 2008. The odds are against it working in 2012.
June 1st, 2009 at 3:53 pm
The benchmark for the next 2 years will be Ford Motor Company. I suggest take themselves through a quasi-bankruptcy where they can divest themselves of their legacy retirement costs and non-competetive union wages, give up NO common stock to the UAW or the gov’t, and produce the kind of cars Americans want, not the eco-miniatures that will now be designed by the department of energy. If Ford comes out of this in better shape, Obama cannot avoid the embarassment.
BUY FORD PRODUCTS!
June 1st, 2009 at 4:20 pm
Ford is running up massive debt and will likely be in the same position as GM in a few months.
June 1st, 2009 at 4:49 pm
If you want to feel ill to the stomach, check out this story over at HotAir.
To quote Ed Morrissey:
This is truly scary.
June 1st, 2009 at 9:02 pm
20 and 21,
I think you both overstate Ford’s troubles. They had the opportunity to refuse bailout money precisely because they mortgaged their assets for a huge loan in 2006. They can match or beat any other automaker, including Toyota and Honda, on quality. They have a diverse mix of vehicles, with more eco-friendly models like the Fiesta coming out next year. As long as they can keep their labor costs under control, they have themselves positioned well to emerge as the remaining strong American automaker.
June 1st, 2009 at 9:06 pm
Stop the misinformation on Ford. They made their agreement with the UAW and are actually already making the first round of payments (in cash) via the additional shares they just sold (at $4.75).
They were able to do this as even though sales are slumping, they are picking up a lot of market share and their stock price has remained high as investors believe in them. GM and Chrysler would have loved to done the same, but their stock is worthless! As long as Ford keeps picking up share (as they should because we all should continue to support them!), they will stay clear of bankrupcy and be the big winners in all of this…