Archive for auto bailout

PhotOH! The story of the night, Chrysler edition




VIDEO: Romney manages to unite corporate America and unions with his false Jeep ad


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: Fact checkers break down Mitt Romney's misleading and false Jeep ad. Romney is desperate and deceptive in Ohio.

President Bill Clinton called Romney’s Jeep Ad the “biggest load of bull in the world.”

A Chrysler executive called out Donald Trump's lies about sending Jeep productionto China by saying, “You are full of sh**!”

But none of that stopped Willard M. Romney and Paul Ryan from perpetuating the lies at their campaign stops. This is who Republican voters are supporting? This is who they call patriotic and want as role models for their kids? Really?


VIDEO: United Auto Workers, 6 more organizations file ethics complaint against Mitt Romney


In a previous post, "UAW Charges Romney With Profiteering From Auto Bailout," Greg Palast's report that Romney secretly made millions, and his biggest donors billions, off the taxpayer funded auto bailout got some attention.

Palast had written about how Mitt and “Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.” And the UAW and others listened.

Bob King, President of the United Automobile Workers pointed out that Mitt Romney was busy writing op-eds opposing the Detroit auto rescue, but was even busier making money with his Delphi investor group “off the misfortunes of others.”

In the video below, you'll hear King's first hand account of how the UAW and Citizens for Responsibility and Ethics (CREW) “have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney’s so-called ‘blind’ trust.”

Here is Ed Schultz interviewing him on last night's "The Ed Show":

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"The people of Ohio know who's on their side and who's a phony" & the phony is desperate Mitt Romney


My dear friend and mentor, Cliff Schecter, has a new post up at HuffPo; hence, because Cliff has given me permission to share his work with you, I’ll give you the latest edition of what I call Cliff Notes.

He skewers better than a chef at Smokey Joe’s BBQ. He has comedic insights that rival those of our mutual friend, the hilarious Lizz Winstead. He’s sharper than the point on Sarah Palin’s pin head.

Here are a few excerpts from his latest, with permission. Please read the whole thing, because he has way more than I’ve included here:

This is not the besmirch anyone's analytical skills, but I think I can say as someone who grew up in New York City, lived in Washington, DC, and is now living in Ohio, there is only so much you can understand about how President Obama's successfully tapped into our current cultural zeitgeist without living here. 

Ohio has played an outsized role in this nation's history. There have been seven presidents from this state. [...]

In recent years, however, the state suffered from a manufacturing decline as ill-considered free trade deals, deregulation and other factors beyond the control of everyday Ohioans decimated the economy. The state saw its population fall, and with it its importance as an economic power and cultural force. [...]

...Ohioans, and white workers in particular, are not just looking for policies, but for someone who is on their side on an emotional level. 

For three key reasons, President Obama has become the candidate a disproportionate number of white-working-class Ohioans see as being planted firmly there. First, he enacted the auto bailout (result: the economy is rebounding here), while Mitt Romney was looking for a Bain-like arrangement where the auto industry would have crashed, with its parts auctioned off to China. [...]

This leads me to the second major factor, Mitt Romney's record-breaking career of getting rich off of destroying successful companies. ... Romney bought often thriving companies, saddled them with debt, paid himself and his country club pals obscene fees and then let the companies implode, taking with them the hopes, aspirations and healthcare of an untold number of American workers.  [...]

Finally, an assist must be given to Governor John Kasich of Ohio. Kasich was elected with the help of many union members in 2010, and especially police and firefighters, only to turn around and try to dismantle their collective-bargaining rights. [...]

The people of Ohio know who's on their side and who's a phony, and no amount of tax-shelter-supplied campaign funds will change that.

Cliff Schecter is an author, pundit and public relations strategist whose firm Libertas, LLC handles media relations for political, corporate and non-profit clients. 

Follow him on Twitter: @CliffSchecter