And to think that Mittens argued against any government assistance to save the auto industry. That didn’t turn out to be a very wise stand, did it?

No wonder he’s down six points to Obama in Michigan.

Republican or Democrat… 

This ad makes you think why the car companies are coming back… 

Who was for it and who was against it. 

Mittens isn’t a quarter of the man Clint is.

Chrysler is coming back because Fiat bought it.

I suspect that for a majority of viewers,as the dialogue progressed,typical Dems and what moderate Reps remain felt a wave of accomplishment settled in knowing the POTUS made the correct call.That followed by a wave of determination knowing the job is far from completed,but well started.Now,for the typical Cons,they went immediately into an attack mode in their mind emulating the Echo Chamber talking points,followed by a wave of questioning why a Republican actor would ever stage a political commercial supporting the individual we’ve been conditioned to hate.One group has the ability to separate facts from partisan ideology,while another group refuses to accept facts,only to rely on what they’ve been told they should consider and how to consider it.You will NEVER approach the latter group to actually consider the positives of the decision,as opposed to blindly following the train of thought that they choose to absorb.Personally,I have always been a Clint fan from his spaghetti westerns on,and I could care less about his politics because I consider him to be a great actor with malleable skills.

Obama won MI by 16 points in ’08.

At a cost of somewhere between 30 and 50 billion taxpayer dollars in stock losses and forgone taxes as the president threw in a 30 billion dollar bone by allowing these giants in carry forward losses through their rigged bankruptcies, something illegal for any other business to do.  It remains to be seen how great of an investment this actually was, lets say that we saved 400,000 jobs with the bailout, that would mean that the cost of each job saved will probably come in at over $1,000,0000 per job, just another fine example of good ole governmental math.  Why is it do you suppose that the bulk of the bailout was given in stocks instead of loans?  Do you think that maybe it was little more than a give away disguised as an actual business transaction, no one thinks that the stock prices will ever rise to a level at which the government will be able to cash out whole..  so was this not just a multi-billion dollar gift made to look as anything but? 

It can also be argued that the pieces of these giants would have been picked up by private investors and creditors after a real bankruptcy which did not include a governmental intervention and that a healthier industry may have emerged on the other side….

Point is is that if you do the math, this was not a stellar achievement by the Obama administration. 

Do you really think it’s a good idea to base what car you buy on how sorry you feel for the city? I don’t know about you, but the emotion I want to feel when driving off the lot is not one of overwhelming pity.
“Hey Joe, do you like your new car?”
“Oh, it’s ok. Holy damn, I feel sorry for Detroit.”

I know my thoughts were: WOOT WOOOT YEAH!! I’M WITH YOU CLINT.. HOO HOOOO get that MUSLIM OUT OF THE WHITE HOUSE>>. WEEE HOOOOO!!! YEAHHh thas my boy.. CLINT EAST EFFIN WOOD!! — BOL -yes, sarcasm thick as agave!

Focus,for a few seconds if it’s possible for you to do that,my comment had nothing to do with feeling sorry for Detroit.My comment was quite clear of how perceptions of this commercial would most likely interpreted by different political persuasions.There you go ,did that help to align your focus on the post.

And here I told everyone you never had any thoughts,just passing utterances.I stand corrected.

Have you ever been to Detroit?Who do you think builds those cars,mostly muslims.

Right. When Obama was facing off against John McCain, a guy who’s father was never governor of the state.

I’d like to know how much of my tax dollars went to pay for this dumb (expensive) ad! 

Obama Jumps up to 50% approval rating as more and more people realize that they hate Romney.

How much of our tax dollars went towards this pro-bailout pro-Obama propaganda?  The backlash against Clint has been pretty bad so far.

Nonsense, the bailout was to keep the union alive, the Chrysler’s survival was ancillary. Chrylser is not too big to fail and the market would have worked if given a chance. The problem with Chrysler is the parasitical union that continues sucking the life out of the company.

 Right.  Had nothing to do with the more than 1/2 million jobs in the supply chain.  Right. 

Hey, but at least we’ve got “the car we had to build”! You know, the one that’s getting crushed by Nissan.

I haven’t seen any backlash against Clint except by conservatives, which is to be expected.  They want the economy to fail so that Obama won’t be re-elected.  Cutting off the nose to spite the face…very unprincipled group.

GM Super Bowl ads = Giving 50 bucks to a wino, and watching him spend it on a pair of Armani socks.

Yeah, because voters really care about the fact that his father was governor before half of them were born.

 They were owned by a much more successful firm beforehand, Daimler-Benz, and that doesn’t seem to have helped it now, has it?  Your point doesn’t make sense…the company and the 500k workers in the supply chain only keep their jobs if the company is successful and sells cars. 

Could you imagine if some Hollywood actor did a pro-war pro-Bush Halliburton commercial for the Super Bowl back in 2004?  There would be just as much backlash by the left as there is against Eastwood by the right.

As long as there’s a market for cars, manufacturers will fill it, and the supply chain will continue to produce for them.

“At a cost of somewhere between 30 and 50 billion taxpayer”

Pretty sure that unemployment benefits alone resulting from millions of job losses and reduced economic actiivity woudl have cost a lot more than that amount.

No backlash here. I just don’t see pity as a winning way to sell cars.

Typical Con. Prefers to give credit to Italians rather than their own President.

The thing is that your hypothetical didn’t take place. Only in your simple, narrow, right wing  full of mush cranium did that take place. Anyway, they had a George W. Bush interview before the game in 2004:  http://youtube.com/watch?v=yoL62huhZ_Q

Ford has been more successful than either Chrysler/Fiat or GM, and accepted none of the bailout money that was set in motion by President Bush.

Some may judge based on politics and some may just think it’s crappy on it’s face. What car were they selling? What does it look like? How does it perform? The ad screams pity us, buy our cars. I don’t think that’s a winning message for consumers. No politics there.

“The thing is that your hypothetical didn’t take place”

You are smart.

No, Daimler was bought out in 2007. The supply chain doesn’t care who’s making the cars, as long as the cars are being made.

You make it sound like a market correction like this would happen like magic and the whole thing will go on while birds chirp around us and we whistle and dance…not that 500k people loose their jobs, some temporarily, most for an extended period of time, and for a few they may never get another job.  And that the number of jobs lost would not ruin lives and depress our economy, affecting the lives of everyone.  That the affects on the economy would not translate into an underperforming market, and may even drive stocks lower, taking money out of the hands of retirees and leading to layoffs in other sectors.  You have a very myopic and short-sighted view of everything involved here. 

 Yeah, screw the taxpayers who have to foot the bill for the union bailout.

 If it weren’t for the union workers, and the amount of money they give Obama and the Democrat Party, I doubt if Obama would care. As to the supply chain that too was ancillary to Obama’s real reason for the bailout. This was essentially a money laundering operation with taxpayer money.

Where are you coming up with millions of jobs, I think that my estimate of jobs saved was pretty generous.  How can you predict that the industry would have been left to lay in ruins, how can you assume that private capital would not have come into resurrect those factories.  It is hard to imagine that capital formation would not have occurred to resume production given available plants and labor forces…  The biggest difference would probably been that they would no longer be union controlled and that contracts could be reset so that the industry could be restructured for its future survival.  But all in all I guess that it was a better investment than Solyndra or the Fisker Karma.

But Hey!, where is my $100,000.00?  I guess that union workers in Detroit deserve our tax dollars more than I do.  

Our subsidy of GM and Chrysler is not yet over btw, we are subsidizing the companies manufacturing the batteries used in the Volt to the tune of billions of additional dollars and then the purchase of each of these useless and over priced cars to the tune of $7,500 each.  The government does not belong in the economy as a major player, it never ends well and almost always leads to a contraction in real GDP and inflation as they try to force the economy into meeting their political agendas.  It is just bad business at a cost to all except the lucky few.  

Typical progg. Ignore the facts, just praise The One.

Oh, and they robbed the bondholders.

It’s getting redundant replying to the mentally defective people who have a problem with the Chrysler ad narrated by that well-known leftist, Clint Eastwood. I never knew that Eastwood was an Obama supporter. What’s happening, and what the rightwing fools don’t get, is that our country is moving to the left simply because the general population has finally begun to see through the rightwing BS. Despite 100% Republican/TP oppostion to anything Obama has wanted to do, the economy is slowly, but steadily moving in the right direction. The bailout of GM and Chrysler was exactly the right thing to do, and, as usual, the right was 100% wrong. I’m beginning to think that this fall’s election is going to be a wipeout for the right, and they’ll have to go off for four years to lick their would and, hopefully. grow up so we can get our two party system back. American democracy has always thrived on having a two party system, and we wouldn’t be going through all this sturm and drang if the Republicans hadn’t behaved so badly.

He will win by 17 points in November.

Following the Dunce Bush, it was a miracle.

Ayeyaeyae – you’re looking at the trees, not the forest.  Daimler is a successful company that bought Chrysler, but that didn’t make Chrysler “come back” right?  In fact they dumped it on Cerebus and they couldn’t do anything with Chrysler.

And you say “Chrysler is coming back because Fiat bought it.” – Fiat is being CARRIED by Chrysler right now…you’re confusing the cause and effect here.

 Actually for took 5.8B in money from the government to help modernize their facilities.  It’s just that no one calls that a “bail-out”

The car companies are making out like bandits while the taxpayers lose!

Sure, let’s pull the gov’t out of Public Education, the military-industrial complex, close the libraries, the ports, the interstate highways, airports, Custom Sevce, tax collection, the Postal Service, Veterans Administration, building those private stadiums, the once-great public universities, like what Reagan destroyed in Ca, Space programs, yea, it’s all the Unions doing…sure,the New Deal  public works, Social security, etc. didn’t pull the country from the abyss, just let the 1% accumulate even more…Real smart, and public spirited.  

Tell that to Rick Santorum, who got whooped by Sen. Casey a few years back.

How about that old “Buy American” saw, not nationalist enough for ya?

How about that old “Buy American” saw, not nationalist enough for ya?

We don’t want the economy to fail…we just want our country to survive! Not much chance of that under obama.  If he has undermined our Constitution this much when he knows he’ll want to win a second term just imagine what he’ll do when he has nothing to lose….scary thought!

You mean Reagan?

Good luck trying to beat up on Clint.

The Unions SAVED GM along with the government.  The union was a creditor to GM – and GM owed the Union BIG TIME for an underfunded health care program.  Instead of taking all the money out of GM, and letting it fail, it  worked with the government to find a way to keep the faltering car company from going out of business.  Instead of asking for the funds, they took part ownership of the company and is working to turn it around.  They took the risk of owning the company rather than just taking their pound of flesh out of it to cover their underfunded health plan.

You really don’t seem like you know anything about this.

The commercial wasn’t about feeling sorry for Detroit. You might wanna watch it more than once if it was too much for you. Pity implies helplessness, and the commercial is clearly showing how the town has rebounded.

 Who robbed the bondholders?  I’d really like to see this argument Pablo.  If they went through the full bankruptcy they may have gotten little to nothing anyway, so how is getting a small share compared to the chance of getting no share, exactly “robbing” someone?

No in fact the New Deal did not pull the country from the abyss the War did… Read just about any book on the war or economy written near that period and you will come to understand this, as for the rest of your rant no one is saying that there is no role for government in our society, but there are areas of our economy where government does not belong…  As far as Unions go simple economic theory would suggest that the gains made by unions which are successful in setting the price of their labor above the market labor price for that industry or by work rules which discourage efficiency and create needless jobs would come at a cost of reduced purchasing power and employment of the greater economy and work force.  

Liberals only see the near term and direct benefits to specific groups…  they rarely look at the broad scale impacts of policy and follow them through the entire spectrum on which their impact is felt. 

The bank bailouts, all of them was to KEEP CAPITALISM ALIVE. AGAIN.

Okay, wait.  President Obama and the Democrats tell us that passing the stimulus will keep unemployment under 8%, the stimulus passed and unemployment went to 10%.  They later tell us that if Republicans don’t pass the president’s jobs bill, economic recovery bill, and raise taxes on the wealthiest one percent that the economy will not recover and people will remain jobless.  Many a liberal on these pages have claimed that Republicans, by their inaction, are trying to ensure that President Obama loses the next election.  Republicans claimed, to much criticism from the left, that the president’s plans will help more than hurt, and that the economy would be better off if nothing was done. 

So, here we are, nothing was done, unemployment is supposedly dropping, the economy is supposedly recovering and somehow OBAMA was right?!?

This was nothing more than a foreign corporation trying to influence a US election. “Second half”?  Really???

How much more blatant can you get?

It was a sickening display of the very worst of Obama’s  crony capitalism and should be a leading reason why Americans should reject him in November.  Despicable, un-American, and downright Communist-Corporatist, much like 49% GE-owned NBC/Universal giving Obama air time before the Superbowl.

At Sisyphus….

“The Unions SAVED GM”

Totally unadulterated BS.  

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Paid for by the American taxpayers for Obamas re-election whether they like it or not!!

Sorry Ghandi, this Country is still center right..maybe you forgot what happened in 2010 after the people saw first hand what socialism is and wanted no part of it!!

All you are doing is repeating far left talking points….btw, only around 20% identify themselves as liberal!! Hate to rain on your false talking points with facts!!

Well I guess most of you REALLY missed the point.  No, this ad wasn’t about ‘crony capitalism’ and ‘spending our taxpayer dollars on re-election campaigns.’  It wasn’t about ‘Chicago style politics’ or the ‘WH strong arming Clint’.  It was Clint saying STFU!  If we want to continue this ‘American Exceptionalism’ thing you bigmouths got going, then we are going to have to work TOGETHER and go forward.  We didn’t get INTO this mess because of any one president and we aren’t going to get out of it unless we stop the stupid finger pointing and work together.

There wasn’t politics in this commercial! He was talking about all of us, Republicans, Democrats, Independents, etc. to get our act together and figure this out as a country and stop pointing the finger at each other.

 If you’re under the illusion that the economy is failing and that the Constitution has somehow been undermined, then you have not been paying attention.  When Obama took office we were in the midst of the Bush recession, and had lost 4.4 MILLION jobs in just ONE YEAR leading up to Obama’s inauguration.  Right now, we have nearly two full years of job GROWTH, and a stock market which has been brought back to levels not seen since before the recession. 

I think I would rather go with Obama, a guy who has proven he can bring the economy back and lower unemployment – rather than a Republican, who we know might destroy the economy just like the last Republican.

 Wow – very persuasive Stutterer…(*snicker*).

According to Mormon Mitt – GM and Chrysler could totally tank, with the loss of all Jobs, all the support Industries could tank with the loss of all those jobs – and that would be fine because all these people would be super poor – and we need not worry about them because they have a safety net – only an asset stripper like Gordon Gekko could possibly think that way.

Or you do what Obama did and save the US Auto Industry – he hired a 27 year old wizz kid to run the numbers – and the Tax payers ended up with a great investment.

The difference is one of these two human beings actually gives a shit.

But he’s Black, he is a socialist that admires N Korea so how can he do anything right – even when you support for President some one who thinks the lost tribe of Israel built a massive civilisation in New York around 400 AD, and that the USA had Horses, Chariots, Metal Spears, Wheels, Figs, Grapes, Metal Shields all in the same timeframe.

Are you people really thick? or bigoted? or both.

Well it is what it is, the Unions saved nothing, they would have been at the mercy of the bankrupt courts and placed behind the secured creditors had the Administration not stepped in and bypassed bankruptcy laws and bullied these creditors into a shit pie sandwich.  The Unions saved nothing but were the recipients of a huge Obama gift to the tune of 10′s of billions of taxpayer dollars.  

What book, Galbraith, Keynes, etc? The problem, as seems to be the academic consensus, was that Roosevelt let up, reversed WPA, CCC, eliminated massive job creating programs, public spendiing, due to rightist pressures, reversed the momemtum by 1937..and you’re somewhat correct, the swell of lend lease, mobilizing for a full employment, Gov’t JOBS war economy, as always, pumped and propelled the economy, precisely as it did with Nazi Germany. 
Your “simple economic theory” might just be contradicted in Germany presently, with the highly productive, educated union workforce, high quality work rules RAISING productivity, the engine of Eurozone, circulating high wages, exports, all you deny with this vulgar economist shibboleths about “needless jobs: By the way, cite the stats please, of the last 30 years of wage rates compared to productivity growth. Simple economic theory will suffice.

I guess if you are willing to make a 40,000 dollar commitment based pity this is right up your alley.

I think Sally Struthers may have been a better choice if sympathy is what Dodge was after.

your number 400,000 is about 2 million off the mark..you think when they shut the plant the workers are the only ones that lose their jobs.  try all the businesses that rely on those people buying things..plus all those people who have not lost their jobs are now paying taxes…think a little…try listening to someone other the fox news…

No I am absolutely correct in what I said about FDR and the depression.  Now you want me to cite stats about wages/productivity over the last thirty years?  Should we also consider commodity prices, enhancements in technologies, deficit spending, Fed activities and monetary policies????  Do these things not come to bear, is the measure so simple as you would suggest?  

You are correct in that if the Union truly does bring increased productivity to the workplace through education and workplace rules that enhance and not detract from productivity etc. then higher wages and compensation will be offset by higher productivity, this may be the current situation in Germany, but it has hardly been the history of Union activity here in the states, but rather in this country the experience has been quite the opposite..  I tell you what, why don’t you bring your stats to prove me wrong. I will gladly study whatever links you provide in the hopes of learning something new. 

The information on FDR and his new deal not only fills volumes of books but is readily available from an internet search, but I guess if I return nothing to you you will suggest that I am just making things up…  so I give you a quote from a US News article from a couple of years back, remember that by 1940 we were fully engaged in arming both our own and Europe’s war efforts.

“Just how rapid that trend was, though, depends on whom you ask. Except for a downturn in 1938 (historians still debate its origin), the economy and unemployment did improve after the onset of the New Deal. The country’s real gross domestic product fell from $865 billion in 1929 to $635 billion in 1933 but rebounded to $1 trillion by 1940. The only hiccup was a decline from $911 billion in 1937 to $879 billion in 1938. But the percentage of jobless Americans remained in the double digits until the onset of World War II. In 1930, unemployment was at 8.7 percent, and it climbed to 24 percent in 1932 before declining to 15 percent by 1940. Jim Powell, author of FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression, asks, “There was expansion, but how come you still had average unemployment of 17 percent from 1933 to 1940?”

One explanation is that in addition to the harm done by the restrictions imposed by the NRA, the “soak the rich” rhetoric coming from the Roosevelt administration”

Hmmm  soak the rich, haven’t I heard something like that in our modern crisis?

Too bad it hasn’t. http://www.freep.com/article/20120201/BUSINESS06/120201025/Comerica-economist-offers-dim-forecast-metro-Detroit

The bondholders would have been first in line in bankruptcy. That’s where secured creditors go. Obama robbed them, and gave the company to the UAW. 

Well considering that GM employed about 77,000 US based employees and Chrysler an addition 52,000 US based employees during 2008 I would think that my numbers are more sound than the millions that you pulled from….. just where did you get your numbers from?

http://www.freep.com/article/20110511/BUSINESS01/105110429/GM-Ford-Chrysler-adding-jobs-near-pre-crash-employment-levels 

The United Auto Workers and retirees/health trust beneficiaries gave up tens of billions of dollars
in wage and health care concessions over the the 4yrs leading up to GM’s bankruptcy and in the actual reorg deal – just to help GM survive.  Everybody played (including the unsecured bondholders you’re whining about) AND everybody won (which is to say, that both of these creditors asked for and received a significant haircut to keep the company alive).  Short of this deal they may have gotten nothing.

You’re an idiot….  Taxpayers have lost 10′s of billions in this deal that they will never see again, it could have at least been honestly structured so that these companies would have had to eventually repay the taxpayers what we are due….  

I’m sorry you believe all the lies from this WH and the MSM….

None of the obama crowd wants to talk about GM’s bankrupcy and the loss to the taxpayers.

I see so you are saying that the Unions sold out their retired members to save their own asses, the secured creditors were pretty much forced to take 10 cents on the dollar, the US taxpayers were forced to purchase some 60 billion dollars in questionable stocks, while less than 20 billion of the bailout was made in repayable loans.  An additional 30 billion of  pre-bankruptcy losses were carried forward through the bankruptcy which will more than offset the loan balances so the only repayment to the  taxpayers would be done using taxpayer money in the form of tax liabilities excused by the administration, something illegal in any other bankruptcy proceedings…  yes it was indeed a good deal for all involved…. well at least UAW that is.

 No, more people HATE obummer

Eastwood was saying let’s give the “second half” to anyone BUT OBAMA. 

wrOng
for America

Clint Eastwood is a Republican sick of obummer’s policies. This was his statement.

Your economics are as Juvenile as one would expect from any one rationalising a belief stucture revolving around invented Golden tablets.

Numerical cost of the bailout is a moving target and quite dependent on GM share price – a price that has recently been surging and probably represents a buy. – but thse numbers are really beside the point – as the opportunity cost is far more important.

One now has hundreds of thousands of people with Jobs in the auto Industry and hundreds of thousands of Jobs supplying the auto Industry and these numbrers are growing every month. Each one of these people is no longer collecting various forms of Tax assistance – each one of these people is now paying taxes, they are spending money creating new Jobs – for every $1 they spend they creat $7 of economic activity. – Plus they are actually leading better lives – and all because the Government invested in them a fraction of what the two Koch bothers make while laying off as many people as possible. So a fraction of two Koch’s little nest egg or a million Jobs and billions of ongoing revenue – possibly for 10, 20 or 30 years.

But you carry on with your childish and hateful distortions.

There’s no working together with NIMRODS that have become bloodbrothers under Grover, and have made it crystal clear that it’s “OUR WAY OR THE HIGHWAY” mentality fever that’s infected them.I agree completely with the post,but I gave up a while ago trying to teach stones to fly.LOL!!!!!!! The only correction that their side will be unable to distort or twist is a shellacking at the ballot box,followed by a enema to clean the T- Baggers out of their system.Then maybe,just maybe,we can return to having ALL adults back in the room to do the country’s business.

The Center for Automotive Research has released a new study detailing the impact of the auto bailout of 2009. According to The Detroit Bureau, the group found that the government’s involvement in the automotive industry saved 1.14 million jobs and $96.5 billion in personal income in 2009. The study also says that in 2010, around 314,400 jobs were saved by the bailout and that, in total, the loans to General Motors and Chrysler allowed $28.6 billion in social security and income taxes to be paid back to the federal government

There is nothing juvenile about my statement, the fact remains that the taxpayer dollars will never be restored and if you consider the construction of the bailout we are not just talking about the 14 billion in the press but a much larger number.  I really do enjoy the magic money theory that the left employs these days, what is it that you are stating that for each dollar spent it generates 7 dollars in economic activity…  Wow, why do you stop there, I am sure that money keeps circulating….  sorry but I subscribe to the old economic theory that real economic activity is determined by goods and services produced in an economy and that magic dollars don’t really exist except in a smoke and mirror economy.  .  

think of 120,000 people making anywhere from 60,000 to 200,00 a year.  what kind of impact would that have if that revenue stream is lost…the 120 doesn’t into account the businesses that supply the auto companies and how many lost jobs there.

So we should consider tax liabilities as payment received. I get it, GM and Chrysler’s bankruptcies were actually a boone for the taxpayer… We should never let any company go bankrupt and encourage more government ownership in our economy.  Your study does not at all address the loss to taxpayers caused by the structure of the bailout no matter if the bailout itself was good or bad for the economy.  It was structured by putting as little liability as possible on these companies while asking the taxpayers to assume risk and likely losses even though these companies are now seemingly financially sound, why should the taxpayer be asked to lose a dime?   

Nor does the study address the effects of private capital interests in picking up the pieces, nor the additional activity and jobs created by increased production in the plants of  Ford, Toyota, Honda, Fiat, Hyundai, Mazda, Mercedes Benz, Mitsubishi, Kia, Nissan, Subaru and BMW in this country. 

In a longer view an even more competitive and productive industry could have emerged had the market been allowed to sort itself out.  

Since you have just confessed that you are unaware of the economic multiplyer effect – you have just proven that you have Zero Knowldege of basic economic theory.

Yet you insist on posting on issues where a basic understanding of Economics is essential.

Best you go back to faith based gibberish – I am amazed you can even tolerate Mitt goldenTablets and all (I guess he is a white male) your man would be Pat Robertson, Perry, etc - since these guys talk to God and God will explain to them and you how to create jobs. 

Why bother learning a trade. Why do Economists spend  7 Years being taught their trade – when we can come to people like you.

Oh! please we all know that money is does not stop with the initial purchase, that it is spent more than once, but this is your argument?  And I would question the multiplier effect that you reference, 7x really? not even crazy Pelosi was that optimistic, hence my jest at your magic money  The fact of the matter is that until the dems started spending trillions of dollars in recovery efforts we never heard to much talk of this multiplier effect, it has become a popular meme to legitimize record amounts of government spending, You don’t seem to be bothered by the record deficits nor the inability of our government to repay its debt, would you like to discuss that next and what it means especially to the working poor? Or what it will mean to those same families if we ever do attempt to repay the government’s debt?

Or how about the other 12 more efficient manufactures meeting the demand for new autos as the last time I checked that is how many major manufacturers other than GM and Chrysler with manufacturing plants located in the United States. How many people would have been hired into those plants? Did the UAW not reap what it sowed, that is until the government stepped into interfere?

This was not a political commercial. It’s about national pride. It’s too bad no one remembers what it was like. For those too young, you don’t know what you missed.

Clint is right, though. It’s still there for those that look for it.

Leave it to the GOP to be outraged by this ad – they really are rooting for failure so they can get their power back, and the concept of an American comeback frightens them.

but wait – i thought Bush can’t be responsible for anything in America post-2009. That’s what you folks keep telling us when you blame Obama for not cleaning up the GOP’s mess fast enough.

“Democrat Party?”
Let me guess – you also pronounce ‘Washington” as “Warshington” and “library” as “li-berry”

No, you “folks” want President Obama to get all of the credit and none of the blame.
Sent from my Verizon Wireless smartphone

Clint Eastwood is doing for Chrysler what he did for the Ford Torino, That Steve McQueen did for the Ford Mustang, That the Duke Boy’s did for the ’69 Dodge Charger, That Knight Rider did for the Pontiac Firebird, That Batman did for the Bat-Mobile. The list go’s on and on.
Personally I think they were trying to sell cars.

 *cough*

less than 50% does not equal more

 Yeah.
Karl Rove hated the ad because it said feel sorry for us.

 What facts?
Eastwood, a libertarian said “I think all politicians will agree with it,” he continued. “I thought the spirit was OK.”

NOW THAT IS A REAL American.

 All you are doing is repeating far right talking points.

Registered Democrats still dominate the political playing field with
more than 42 million voters, compared to 30 million Republicans and 24
million independents.

 As to the supply chain that too was ancillary to Obama’s real reason for
the bailout. This was essentially a money laundering operation with
taxpayer money

Bush Approves Auto Industry Bailout

http://consumerist.com/2008/12/bush-approves-auto-industry-bailout.html

I’ve seen several of your other posts and this juvenile “obummer” slogan seems to be the best of your best.Now look,if you want to get in to play with the first string wing-nuts we’re going to have to adjust your slogan meter to be more innovative and hone the tines on your pitchfork.Also,wouldn’t hurt for you to locate a bigger torch,it’ll bring out the twinkle in your eyes.Now there’s a blueprint for you to go work on clay court.

Probably more.

Problem is, pro war vs PRO AMERICA.

Didn’t think so!  And BTW I’m agnostic so you can take your holier than thou crap and shove it. 

You really talk like Obama woke up in 2009 and decided to spend a trillion dollars because …. well because he felt like it. You really are a total moron – oblivious to the financial ruin that very one faced – every ones savings at risk, every aut Job at risk… all because of unfettered Captilism, because of Ayn Randian phiolosphy – so one more time the grown ups had to sort out the mess made by your people. In the months before Obama took office millions of Jobs had gone – and you really believe that some one becoming president can just announce “Job losses will stop today”. What an idiot.

Now having been oblivious to the Multiplyer effect you go to some economist who claims it does not work – ignoring the fact the the non partisan CBO has plianly stated that it has worked. There are many ways the multiplyer can work – and of course if consumers spend money (because they have jobs) that is what will drive the economy. I prefer less debt, but am less concerned  than you – and here is why. Back in 1990 my Mortgage rate was 13.9% – today it is 1.25%. So you do not have to be a rocket scientist to figure out the implications.

Any way this is how the Banking Multiplyer works:
The multiplier effect depends on the set reserve requirement. So, to calculate the impact of the multiplier effect on the money supply, we start with the amount banks initially take in through deposits and divide this by the reserve ratio. If, for example, the reserve requirement is 20%, for every $100 a customer deposits into a bank, $20 must be kept in reserve. However, the remaining $80 can be loaned out to other bank customers. This $80 is then deposited by these customers into another bank, which in turn must also keep 20%, or $16, in reserve but can lend out the remaining $64. This cycle continues – as more people deposit money and more banks continue lending it – until finally the $100 initially deposited creates a total of $500 ($100 / 0.2) in deposits. This creation of deposits is the multiplier effect. Read more: http://www.answers.com/topic/multiplier-effect#ixzz1lfgmDp7k

I suspected the Right would go Nucking Futs with this commercial, and they did!!!!! SO PREDICTABLE!!!

Somebody had the nerve to say obambee will win in Nov. by 17 points,I don,t think SO because more breaking news about this phony,treason backyard dog and how all but 1 supreme court judge agreed in a seceret meeting to ignore his birth and the conspiring democrats who have been trying since 2003 to amend the Natural Born act-watch this video,and then tell me about 17 points you moron.http://www.facebook.com/l.php?u=http%3A%2F%2Fwww.westernjournalism...

I like Clint and he is no Democrat and he does not back this pathetic excuse of a President, Obambi.  Maybe GM gave him a new car, who cares, but what he said about America is true.  I know I will never buy a GM again, only FORD.  Ford did it the American way, made a comeback without Obama’s bailout.  Ford is the car to buy, not Obambi’s GM.  I just pray I outlive his pathetic President, Obama, just so I can take a dump on the son of a twobit whore’s grave!

You’d have to go to his personal approval rating for that, which is higher then anyone in office on the Republican side.

And that’s a fact, jack.

The only people they like more is Michelle Obama and Hillary Clinton.

 http://www.avclub.com/

http://tinyurl.com/can5hdg

Nice how condescending of you… you really think that you need to explain fractional banking to me because I called it magic money? Don’t be an A-hole.

It’s not working, all you offer is the magic money theory, the fractional reserve banking system is nothing new, and yes actually the reserve rate is more like O.1 so the multiplier is more like 9 but it is not the magic pill you think it is. The effect of this new money is add inflation to the economy more so than to stimulate new activity. If I am wrong about this then please explain to me then why is it that excess reserves on deposit with the Fed have gone from less than 10 billion dollars in the last few years to an amount in excess of 1.5 trillion dollars? Why is the Fed paying interest on these excess reserves, something not done in the past, why is the Fed paying these banks close to 4 billion dollars a year to keep this money out of the circulation? Let me give you a clue, the Quantitative Easing programs is nothing more than the Fed buying Federal debt, all the talk about holding interest rates low is just a smoke screen. Foreign purchases of US treasuries has been dropping over the last few years and the only way that the federal government cam finance its debt at low rates of return is through QE programs. Otherwise they would have to raise interest rates and interest on debt would become a larger line on the federal balance sheet. The government could not finance its debt issue at current rates without the fed becoming a major purchaser. The the fed turns around and pays interest on all this newly printed money it has injected into the economy so that banking system will hold it out of circulation. God forbid that we go back to the stagflation days of Jimmy Carter… but for some reason it does feel alot like those Carter days, only maybe a little worse.

No this is all just wishful thinking on behalf of the Keynesian economists. Was it not Krugman that called for us to begin to prepare for war with Space aliens? Really? Your Keynesian economics do not and have never worked.. Watch Krugman get his ass kicked on GPS as he tries to defend his Keynesian positions against the common sense of Ken Rogoff.

http://globalpublicsquare.blogs.cnn.com/2011/08/12/gps-this-sunday-krugman-calls-for-space-aliens-to-fix-u-s-economy/