It is all about the economy. We'll see how it plays out.
Schwas go both ways. As long as you slur it a little, it's OK :)
You generally only hear about gaffes from Joe Biden, but I really enjoyed one of his recent quotes:
Originally Posted by Biden
So whose the veep gonna be?
Very smart move by Romney.
Show me the death certificate.
Not, obviously, that we're sitting around the slogan minting table here, but there is the whole anti-GM propaganda thing to consider. Sadly the "Government Motors" thing seems to have had considerable traction in the "decal of Calvin peeing on disfavoured truck brands" demographic.
Perhaps, but in an election it's the multitudinous factory workers creating crank-shafts, door handles, transmission casings, etc. that the campaigns will be trying to reach; specifically the white male ones. Obama can point at Romney and say "this guy was willing to let your job die!" Romney might pick up some votes in the South (which he already has wrapped up anyway) by implying that all those workers are now "government employees" and should be fired, but he won't make any friends in Ohio or Pennsylvania with such an attack.
If I were a Romney strategist, I would counsel him to avoid any and all mention of the auto-industry bailout. It's a loser of an issue for him and he's got nothing but Obama's successes at the end of that tunnel. He should go to the manufacturing states and concentrate on telling them that his policies will make the environment friendlier to businesses, which will mean more jobs in the future decades, while Obama's "pour tax money on the problem" solutions only makes things better in the short-term and will do nothing to make their kids' lives or their retirements better.
[Note: I don't believe the above, but I think it's a message that would play pretty well in Ohio.]
I guess my sense was that "Bin Laden is dead and GM is alive" is a great slogan except for the arbitrary and annoying success of GMs Are For Commies meme. "Bin Laden is dead and the auto industry is alive" is slightly less pithy.
Yeah, you will find quite a few people who will point out that Ford refused government/taxpayer bailouts and managed to survive just fine, therefore GM is to be condemned for using taxpayer money to support itself during the recession.
EDIT: I guess I don't see how we fail to bail out a "too big to fail" industrial firm like GM if we've decided that banks and AIG get bailed out.
Last edited by Papageno; 05-02-2012 at 02:24 PM.
I just wanted to respond to the original topic.
I am now willing to out on a limb here and predict that Mitt Romney is going to be the Republican nominee. I know I know. It's a gamble but there are times you just have to roll up your sleeves and make a bold prediction.
I thought the bailout was for some reason GM financial wall street exposure related, but it was actually because they were already in deep shit pre-crisis.
General Motors was financially vulnerable before the automotive industry crisis of 2008-2009. In 2005 the company posted a loss of US$10.6 billion. In 2006, its attempts to obtain U.S. government financing to support its pension liabilities and also to form commercial alliances with Nissan and Renault failed. For fiscal year 2007, GM's losses for the year were US$38.7 billion, and sales for the following year dropped by 45%.
I'm not sure how Mitt can manage to avoid talking about the auto industry for the entire campaign, given that both Ohio and (he hopes) Michigan are battleground states. It's like thinking you'd win the Iowa caucuses without having to answer questions about farm subsidies.
Unions are the organizations that we can thank for things like the 8-hour workday and the 2-day weekend. In the 1890s it was not uncommon for workers in urban settings to put in 10-hour days Monday through Saturday.
Whatever damage has been done to the US and European economies over the last few decades due to undue labor influence and labor corruption is as nothing compared to the enormous damage to humanity in general caused by laissez-faire.