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Showing blog posts tagged with auto bailout

UAW Head Says Romney’s Jeep Claim Is a Wreck

UAW Head Calls Foul on Romney's Jeep Claims

UAW President Bob King has blasted presidential candidate Mitt Romney's false claim that Jeep is "thinking of moving all production to China," in a USA Today op-ed.

Romney's "meandering statements and plain falsehoods about the auto industry finally caught up to him earlier this week when he told a big whopper that cannot be squared with the truth," King said. "And, rather than take the opportunity to exhibit honesty and presidential character by correcting his misstatement, Romney doubled down with a misleading campaign spot about Jeep running in Ohio."

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Workers Say Federal Aid to Auto Industry Saved Jobs and Manufacturing Industry

When the American automobile industry was on the verge of collapse in 2009, Mitt Romney said he’d let it go bankrupt. President Obama engineered a recovery program that put this vital industry back on its feet and saved hundreds of thousands of jobs, not just at the auto plants, but up and down the supply chain and throughout American manufacturing. This new video from the United Steelworkers (USW) tells that story through the eyes of the men and women of USW Local 903 at the Gary, Ind., Dana Holding Corp. axle plant. 

Watch USW's new video and share it on FacebookTwitter and all your social networks. 

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Bob King, Workers Laid Off by Bain Show a Romney America

In 2008, at the height of the recession, Mitt Romney declared that government should “let Detroit go bankrupt” rather than providing federal aid to automakers. President Obama was a lot smarter than that. As a result of federal assistance, General Motors (GM) posted record profits and paid back its loans early, Chrysler paid back all its loans and hundreds of thousands of U.S. workers are on the job who otherwise would be out of work (click on chart to enlarge).

Karen Eusanio, a UAW Local 112 member and second generation auto worker, is one of those workers. Speaking last night at the Democratic National Convention, Eusanio recalled her struggle to support her children after GM laid her off, and the unpopularity of Obama’s plan to save the auto industry. Yet, President Obama didn’t think about the polls or the politics, said Eusanio.

He thought about the people. Because he put himself in our shoes, we’re back on our feet. Obama believed in us, he stood up for us.

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UAW President Bob King: Obama Made the Right Call on the Auto Bailout

UAW President Bob King: Obama Made the Right Call on the Auto Bailout

An excerpt from a USA Today column by UAW President Bob King:

The bankruptcy restructuring of General Motors (GM) and Chrysler in 2009 through the creation of new companies formed with assets purchased from those troubled companies was highly successful. Today GM and Chrysler are profitable, investing in America and creating jobs.

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Poll: 83% of U.S. Voters Negatively View Corporations that Outsource to China

Poll: 83% of U.S. Voters Negatively View Corporations that Outsource to China

U.S. voters across the political spectrum overwhelming have negative views of companies that outsource jobs to China and strongly support Buy America provisions, according to a poll released today by the Alliance for American Manufacturing. Voters also say strengthening manufacturing in the United States is a top economic priority and they back the creation of a national manufacturing strategy to better compete with foreign nations that already have them in place.

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Romney Lies About Auto Rescue. Obama Tells UAW 'I Bet on American Workers'

It’s not much of a shock that lies are popping up in the Republican presidential nomination race. But in Michigan, Mitt Romney is telling one whopper of lie about the UAW, the auto bailout that saved two of the nation’s Big 3 car manufacturers and President Obama.

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Romney’s Attack on Autoworkers ‘Appalling’

While Mitt Romney is campaigning in Michigan this week, workers there are letting him know just how offensive they find his claim that “we should have let Detroit go bankrupt,” when the economy and the auto industry were about to collapse.

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