"Lee Iacocca Endorses Kerry for President" (backed Bush in '00)

[fujiyama]

http://news.yahoo.com/news?tmpl=story&u=/usnw/20040624/pl_usnw/lee_iacocca_endorses_kerry_for_president__2000_bush_backer_swings_support_to_kerry_in_2004142_xml

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Former Chairman of the Chrysler Corporation Lee Iacocca today endorsed Democratic Presidential candidate John Kerry for President. Having backed George W. Bush in 2000, Iacocca is switching his support in 2004 after over three years of jobs failure by the Bush administration

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John Kerry knows America can do better and that we can have an economy that lifts families up with new, high-paying jobs. As President, Kerry will end tax breaks that encourage companies to ship jobs overseas and create 10 million new and better jobs in America, including 342,000 in Michigan. He will cut taxes for 99 percent of businesses and invest in technology and worker training, so that American workers are prepared for the jobs of the future.

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Well that's certainly good news. Ironically, one of the reasons Iacocca backed Bush in '00 was because Gore was seen as being unfriendly to Detroit's interests (especially in his environmental policies) but Kerry's record on that issue is probably even stronger than Gore's.

[jeff30997]

1. He knows where the wind blows.

[fryguy]

2. this is HUGE.....

Say what you will about Iaocca, but when someone like him - who represents one the pillars of the GOP party - abandons chimpy it's pretty clear that ship is taking on water.....

[yorgatron]

3. i read his autobiography a while back

he's a very common sense kind of guy.Kerry would be smart to find a job for him.

[lanparty]

4. Kerry is still a free trader ...

Something I would like him to flip-flop on.

So he really doesn't get in the way of the American auto industries quest to most of it's American workers.