President Obama's rescue of the auto industry is a big problem for Republicans [View all]

[ProSense]

Mitt Romney's delusional attempt to take credit for the rescue (http://www.democraticunderground.com/1002622596) comes right after reports that Chrysler posted it's best quarter in 13 years (http://www.democraticunderground.com/1014107283).

President Obama literally rescued the entire industry, including the suppliers.

<...>

Before the domestic auto rescue, President Obama made$5 billion in Federal loans available to small auto parts suppliers:

The Treasury Department announced a $5 billion program to aid struggling auto-parts suppliers, raising the likelihood the government will extend more aid to General Motors Corp. and Chrysler LLC.

What a lot of folks, including politicians, don't seem to realize is that GM and Chrysler merely ASSEMBLE cars. They don't make the parts.

<...>

Obama rescued the Domestic Auto Industry.

But BEFORE that. BEFORE that. BEFORE he sent the domestic auto industry into structuered bankruptcy, he made sure the LITTLE GUYS....the SMALL manufacturing companies that make SPRINGS or BOLTS or LATCHES or TINY WIDGETS were able to stay afloat so that when GM got back on its feet again it didn't have to look to CHINA or MEXICO to make those parts because the previous suppliers had gone belly up.

- more -

http://www.dailykos.com/story/2012/02/29/1069618/-What-Happened-Before-the-Rescue-of-the-Domestic-Auto-Industry

As Romney's desperate attempt proves, any mention of the success of the auto bailout causes Republicans to lose their minds.

Karl Rove’s hissy fit: “Offended” by Chrysler ad

<...>

Karl Rove heard echoes of Obama’s rhetoric too, and implicit optimism about the direction of the country, and cried foul.

“I was, frankly, offended by it,” Rove said on Fox News Monday. “I’m a huge fan of Clint Eastwood, I thought it was an extremely well-done ad, but it is a sign of what happens when you have Chicago-style politics, and the president of the United States and his political minions are, in essence, using our tax dollars to buy corporate advertising.”

<...>

The flap over the ad confirms the GOP’s serious branding problem: The problem for Rove and the rest of the GOP is that their party’s narrative has become relentlessly negative, pessimistic and uninspiring. They’ve left the language of optimism and resilience, higher ground and common ground, to the Democrats, and lately President Obama has grabbed every opportunity to employ that language...the fact is the president saved the auto industry at a time when Republicans, most notably Mitt Romney, urged him to let it die. If he gets credit for that unpopular decision, that’s because he deserves it.

http://www.salon.com/2012/02/06/karl_roves_hissy_fit_offended_by_chrysler_ad/singleton/

President Obama's rescue of the auto industry is literally driving Republicans nuts!