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The new Obama ad, "Collapse," will air in the crucial swing state of Ohio, where one in eight jobs are tied to the auto industry. It opens by spotlighting a Romney op-ed headlined "Let Detroit Go Bankrupt" to claim that Romney "turned his back" on the auto industry at a crucial time.
This is not entirely fair: Romney did not actually use that phrase - it was the headline placed on an op-ed he wrote - and Mr. Obama's administration took GM and Chrysler through a "managed bankruptcy," which is what Romney advocated in the column. The difference is that while Mr. Obama used federal funds to help the industry, Romney advocated providing federal loan guarantees to banks that loaned Detroit the necessary money. Administration officials say those loans would never have come due to the financial crisis, and that Romney's position would have thus meant the end of the industry.
The narrator in the Obama ad goes on to say that "now, after Romney's false claim of Jeep outsourcing to China, Chrysler itself has refuted Romney's lie."
On Thursday, Romney said, "I saw a story today that one of the great manufacturers in this state Jeep -- now owned by the Italians -- is thinking of moving all production to China. I will fight for every good job in America. I'm going to fight to make sure trade is fair, and if it's fair America will win."
Chrysler called that claim "a leap that would be difficult even for professional circus acrobats."
4 Pinocchios for Mitt Romney’s misleading ad on Chrysler and China - The Washington Post
The Facts
Heres what Romney said last Thursday in Ohio: I saw a story today that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China. I will fight for every good job in America, Im going to fight to make sure trade is fair.
This was completely wrong. Bloomberg News had reported that Fiat, the majority owner of Chrysler, was planning to once again start building Jeeps in China, after production had been on hold since 2009.
The article made clear that Chrysler was was adding Jeep production sites rather than shifting output from North America to China, but some blogs, such as the Washington Examiners Washington Secrets, misinterpreted the article and reported: Jeep, the rugged brand President Obama once said symbolized American freedom, is considering giving up on the United States and shifting production to China.
After Romney made his comments, Chrysler issued a statement firmly denying that any North American production was being moved to China:
SNIP:
Jeep, an Obama favorite, looks to shift production to China
October 25, 2012 | 1:19 pm
959Comments
Paul Bedard
Washington Secrets
The Washington Examiner
E@SecretsBedard
Jeep Wrangler behind the president as seen in his new second term agenda binder.
In another potential blow for the president's Ohio reelection campaign, Jeep, the rugged brand President Obama once said symbolized American freedom, is considering giving up on the United States and shifting production to China.
Such a move would crash the economy in towns like Toledo, Ohio, where Jeeps are made and supplied, and rob the community of the economic security they thought Obama's auto bailout assured them.
Obama is such a fan of Jeep that he included a picture of himself speaking at the Toledo plant in his newly released second term agenda binder. In his address to the plant in 2011, Obama said, "I just took a short tour of the plant and watched some of you putting the finishing touches on the Wrangler. Now, as somebody reminded, I need to call it the 'iconic' Wrangler. And that's appropriate because when you think about what Wrangler has always symbolized. It symbolized freedom, adventure, hitting the open road, never looking back."
Well it appears that the taxpayer bailed-out Chrysler is looking back and now considering cutting costs by shifting production of all Jeeps to China, which has a strong desire for Jeeps.
In a Bloomberg interview, Jeep's president said the automaker plans to restore Jeep production in China, suspended in 2009, and is considering making all Jeeps in China. "Fiat SpA, majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers' operations in the region," reported the business wire service.
all of it here
Jeep, an Obama favorite, looks to shift production to China | WashingtonExaminer.com
SNIP:
Jeep, an Obama favorite, looks to shift production to China
October 25, 2012 | 1:19 pm
959Comments
Paul Bedard
Washington Secrets
The Washington Examiner
E@SecretsBedard
Jeep Wrangler behind the president as seen in his new second term agenda binder.
In another potential blow for the president's Ohio reelection campaign, Jeep, the rugged brand President Obama once said symbolized American freedom, is considering giving up on the United States and shifting production to China.
Such a move would crash the economy in towns like Toledo, Ohio, where Jeeps are made and supplied, and rob the community of the economic security they thought Obama's auto bailout assured them.
Obama is such a fan of Jeep that he included a picture of himself speaking at the Toledo plant in his newly released second term agenda binder. In his address to the plant in 2011, Obama said, "I just took a short tour of the plant and watched some of you putting the finishing touches on the Wrangler. Now, as somebody reminded, I need to call it the 'iconic' Wrangler. And that's appropriate because when you think about what Wrangler has always symbolized. It symbolized freedom, adventure, hitting the open road, never looking back."
Well it appears that the taxpayer bailed-out Chrysler is looking back and now considering cutting costs by shifting production of all Jeeps to China, which has a strong desire for Jeeps.
In a Bloomberg interview, Jeep's president said the automaker plans to restore Jeep production in China, suspended in 2009, and is considering making all Jeeps in China. "Fiat SpA, majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers' operations in the region," reported the business wire service.
all of it here
Jeep, an Obama favorite, looks to shift production to China | WashingtonExaminer.com
You're an idiot. This has already been proven to be a lie. If you had bothered to read the source of the above story, which was linked in the story, you'd have seen this:
Manley referred to adding Jeep production sites rather than shifting output from North America to China.
Do you need that explained to you? Are you that stupid?
So Stephanie is willing to believe Romney (who is a known liar) because he says so, but won't believe a vice President of Chrysler if he "says so".
Now if that just doesn't sum up the RW...
So Stephanie is willing to believe Romney (who is a known liar) because he says so, but won't believe a vice President of Chrysler if he "says so".
Now if that just doesn't sum up the RW...
what would you expect GM to say? they OWE OBAMA
So Stephanie is willing to believe Romney (who is a known liar) because he says so, but won't believe a vice President of Chrysler if he "says so".
Now if that just doesn't sum up the RW...
what would you expect GM to say? they OWE OBAMA
Even Jeep's CEO has come out and stated that they have no intentions of shipping American jobs to China.
You idiot lefties believe obamaturd and he is a proven known liar.So Stephanie is willing to believe Romney (who is a known liar) because he says so, but won't believe a vice President of Chrysler if he "says so".
Now if that just doesn't sum up the RW...
Even Jeep's CEO has come out and stated that they have no intentions of shipping American jobs to China.
link?
Even Jeep's CEO has come out and stated that they have no intentions of shipping American jobs to China.
link?
