Ford Chairman Bill Ford Credits Obama's Handling Of Struggling Auto Industry

[Purveyor]

Source: Associated Press

Ford Motor Co. executive chairman Bill Ford met with President Barack Obama on Monday and endorsed the administration's handling of the struggling auto industry.

Ford credited Obama for stepping in to help General Motors and Chrysler and prevent auto suppliers from collapsing. Ford said the administration acted "swiftly and forcefully and it worked."

GM and Chrysler received billions of dollars in federal aid to go through bankruptcy. Ford Motor Co. avoided taking federal help.


Read more: http://www.mlive.com/auto/index.ssf/2009/12/ford_motor_co_chairman_bill_fo.html

[tblue]

1. Yes!!! I think so, too. Got to create mfg jobs inside the US.

Good going, Mr. President!

I am so tired of seeing "Made in China," I could scream.

[HopeHoops]

3. I've saved a SHITLOAD of money from the "Made in China" label.

It tells me what NOT to buy. Damn I've saved money that way. If I can't find it made in the USA, I think long and hard before spending money on it.

[BeatleBoot]

9. I recently bought a rolling pin (of all things) for baking

And I had a choice between one made in China which was plastic and cost $27.00 or a wood rolling pin made out of Vermont Maple - in Vermont for only $7.99.

I love my rolling pin.

:thumbsup:

[WriteDown]

2. Interesting...

The one's who did not take the money credit Obama. Maybe for crippling the competition?

[HopeHoops]

4. Before you spend another dime on a Chinese product, consider this.

They have yet to produce a vehicle that even comes close to meeting the minimum standards for safety in the USA. What they call "steel" is a joke. I recently went looking for teaspoons because they somehow go missing in our household. With three teenage daughters, I suspect they are lost under beds. Anyway, I finally found a set of just teaspoons for a reasonable price. Then I noticed two things, "Made in China", which I expected, and "Do not put in dishwasher. Discoloration is likely. Hand wash only." and these were ALSO marked as "quality steel".

I'll agree that sometimes there is no other option. There are some products that ONLY seem to be made in China. They're still crap, but sometimes that's the only thing you can find. I usually pass it up unless I'm really desperate for that particular thing.

[JonQ]

8. Same thing could have been said of japanese cars, at one point

I suspect in 30-40 years things may be very different though.

[HopeHoops]

10. The illusion of Japanese car superiority is amusing in its longevity.

[JonQ]

12. It's not really an illusion

they make some decent cars at a great price.

[HopeHoops]

13. They had a small window of advantage when the American industry was hosed - late 70's, early 80's.

That's long since been erased. And they've never been able to produce a real pickup truck or anything capable of heavy towing.

[BeatleBoot]

14. Bingo!

:thumbsup:

[JonQ]

17. There are other car types

than trucks for "heavy towing".

That's part of how they killed us in those years, gas prices skyrocketed and they were able to produce more fuel efficient cars.

There's nothing magical about the US car industry, nothing that says ours are the best, in every category, always. Designing a car and building one at a reasonable price isn't some carefully guarded secret that we have and no one else does.

[girl gone mad]

5. The auto bailouts were handled well..

and Obama deserves credit for that. GM, in particular, could have ended up much worse off than they did.

[liberal N proud]

6. Finally, someone who credits an Obama policy vs criticize everything he does.

[Starbucks Anarchist]

7. I never thought a CEO would be more complimentary than a DUer.

:rofl:

[Cha]

11. The ones who appreciate what the President has done

are around..just not as noticable as the scalp hunters..right now.

[BakedAtAMileHigh]

15. that's not a good thing

Praise from Ford on economic matters is like a political endorsement from Larry Craig.

[groundloop]

16. I have relatives whose auto industry jobs were saved

They'll be more than happy to endorse the President.