President Obama, Job Killer
If I got paid $5 each time President Obama or any Democrat talked about jobs created or saved, I’d be a wealthy man. It’s getting more difficult for President Obama to credibly use that phrase because of the jobs it’s killing through its bullying of Chrysler bondholders in its attempt to pay off its UAW allies. Now there’s a new twist to the story:
Rep. Vern Buchanan, R-Fla., a businessman who has owned car dealerships since 1992, learned Thursday that his Venice, Fla., Dodge dealership was among those scheduled to be terminated.
“It’s an outrage. It’s not about me. I’m going to be fine,” said Buchanan, the dealership’s majority owner. “You’re talking over 100,000 jobs. We’re supposed to be in the business of creating jobs, not killing jobs.”
What’s most appalling is that a number of the dealerships getting shut down were making profits. It’s also disturbing from a customer service standpoint. Whoever came up with this plan is an idiot. That’s why I’ve got a hunch that this plan was concocted by someone in Steve Rattner’s office.
People should remind themselves of the jobs being lost due to President Obama’s strongarming bondholders while paying off his UAW friends. They should also remind themselves that the bailouts weren’t an attempt to make GM and Chrysler healthy; they were an attempt to put a deal in place that would preserve the UAW’s pension plans, which are at the heart of the auto manufacturers’ financial troubles.
Thus far, President Obama’s economic policies haven’t helped lay the foundation for a new round of prosperity and wealth-building. They’ve laid the foundation for high interest rates, high inflation and big tax increases.
In 2004, Democrats, led by John Kerry, kept talking about whether President Bush would be the first president since Hoover to create fewer jobs than were lost. There’s a very real possibility of President Obama being a one-term wonder because his administration lost million more jobs than it created. That’s what happens when a smooth-talking bitter ideologue is elected as president.
When I read things like this, I’m more convinced than ever that this administration’s priorities are misplaced:
Buchanan owns five dealership locations in Florida and North Carolina. He once owned 23 car franchises and sold off about 60 percent of his car dealerships before entering Congress. His Dodge dealership in Venice also includes a Nissan store.
“This doesn’t do anything but hurt Chrysler. This doesn’t help Chrysler. And they’re going to be hurting a lot of working families,” said Buchanan, who was first elected to Congress in 2006 to a seat previously held by Rep. Katherine Harris, R-Fla.
Families are hurting just because President Obama wanted to help the UAW. Remember that when you go to the polls in November, 2010.
This post about which dealerships were shutdown is scary if verified as fact:
To quickly review the situation, I took all dealer owners whose names appeared more than once in the list. And, of those who contributed to political campaigns, every single one had donated almost exclusively to GOP candidates. While this isn’t an exhaustive review, it does have some ominous implications if it can be verified.
The post goes on to list some of the dealers who contributed to political campaigns. Thus far, the vast majority of them contibuted to Republicans. The list is only a partial list. Another thing from this post is a:
Quote from an attorney who Deposed Chrysler’s president last week: “It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers…It really wasn’t Chrysler’s decision. They are under enormous pressure from the President’s automotive task force.”
Like Allahpundit says, what are the odds of that happening?
Technorati Tags: Chrysler, Bailouts, Car Dealerships, Vern Buchanan, Jobs Lost, Republicans, President Obama, Car Czar, UAW, Blacklisted, Democrats
Cross-posted at LetFreedomRingBlog
May 28th, 2009 at 6:32 am
Got to remember, everything he does is about himself, is about politics, is about establishing the Democrats in perpetual power, and to hell with the Constitution.
For all of us who thought only being a Chicago ward healer isnt enough experience to run, or is it ruin, a country; care to rethink that now?
For those who think the Republicans are finally going to magically find the stones to stand up to this anschuss; care to tell me how?
May 28th, 2009 at 6:32 pm
There are bloggers saying that Republican dealerships are being closed more so than Obama supporter dealerships.
May 28th, 2009 at 9:29 pm
oh no, you republicans are onto our secret plans to destroy the economy and turn it into a socialist playground with no guns!