Obama Halves Chrysler's Planned Marketing Budget
By Jean Halliday
Published: May 11, 2009
DETROIT (AdAge.com) -- Chrysler wanted to spend $134 million in advertising over the nine weeks it's expected to be in bankruptcy -- the U.S. Treasury's auto-industry task force gave it half that.
So if GM, which is wrestling with the possibility of a Chapter 11 filing itself, is wondering how much influence the task force will have over marketing, the answer is: plenty. However, transcripts from the U.S. Bankruptcy Court for Southern District of New York, where the Chrysler case is being heard, proved for the first time that the task force at least understands that advertising is a necessary expense -- even if it doesn't think Chrysler needs $134 million for nine weeks of car ads. Source: "MarketWatch"
Oddly enough I missed that portion, clause or amendment to the Constitution that allows for the CIC to CONTROL A PRIVATE COMPANY'S ADVERTISING BUDGET !!!! When I read this I got a shiver ... maybe it was a shudder ... at any rate it was some "sh" adjective I assure you. And I remembered feeling it before, this viscerally. It was from a February 2008 speech by Michelle Obama, at UCLA, that was repeated on a political talk radio program at the time:
"Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed."
Does all of this, along with the bank stress tests = the back door nationalization of banks (now Geitner is going after the smaller, community banks); taking over of the auto industry; ACORN getting federal tax dollars in the billions; the push to nationalize health care by July 31st 2009 (as he announced today); the back dooring of the fairness doctrine via federally mandated "localism" restrictions that are in the works as I write this; the "citizen volunteer army" he promised to "fund as well as the US Army"; cap & trade - a de facto nationalization of private energy companies; does ALL OF THIS seem to add up to anything in particular, TO ANYONE?
Remember my staunch avocation that his repeated statement: "We've tried it their way" refers not to Bush, but rather our 233 years from Washington to Bush? Anyone? I'm just asking.
Look, I think it is asinine to bring up Adolf Hitler when doing comparisons of US politicians, asinine in the extreme. So I want to be very careful here. Lets just put it this way: many a democracy has lost its identity to articulate, compelling leaders whom when you go back and look did say all along EXACTLY what they intended to do, leaving future observers of history scratching their heads murmuring: "How did they (the populous) miss that?" ... "It was obvious what he wanted to do, he even said so."
So ... is this 135 days-in power grab/fundamental reorganization of US society & business starting to seriously concern anyone but me?
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