Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Romney never overcame bailout opposition in Ohio

Only a few weeks after U.S. President Barack Obama won the presidential election in 2008, will become a fatal title of his Republican challenger in the next election and wrote a New York Times column: "Let Detroit bankruptcy."
The words troubled throughout the Rust Belt, including automobile manufacturing industry is still the backbone of the economy - especially in Ohio, USA, a country, the conduct of every successful Republican presidential nomination, and in his hometown of Michigan His father was an automatic execution of Mitt Romney (Mitt Romney), ? governor.
Romney opposes federal bailout of General Motors and Chrysler (Chrysler) does not necessarily seal his fate in two key states.
Largest determinants automobile bailout we can not handle the problem, "said Bob Bennett, Ohio Republican Party Chairman.
Fairly or not, as indifferent to the fate of the automotive industry's view, Romney is a "coffin nails, Heitmann said:" John, University of Dayton historian, professor and write cars in American culture position.
Ohio is second only to Michigan car work. Ann Arbor Center for Automotive Research in 2010, the report said, the industry accounted for more than 848,000 jobs in Ohio, or 12.4% of the labor force. This includes car manufacturers, dealers, and selling products or services of, their work, coupled with their economic activity generated by the work of the "by-products".
The exit poll conducted by the Associated Press Television Network found that about 60% of the voters in both states to support the Government's loans and industry restructuring plan, three-quarters of people support Obama. The bailout in Wisconsin is also very popular, even if it does not stop the General Motors Corporation and Chrysler Corporation plant closings.
"We have a debt to pay to President Obama, he saved us," said Joseph Losier, 33-year-old, fourth-generation of auto workers in Detroit from the suburbs. The bailout plan, Chrysler stamping workshop, he employs 500 people.
Even those who are not directly connected to the industry thanks.
"He actually kept his promise. Darlene Jackson, 57-year-old Detroit, he served as a seamstress, said:" I think he cares for her city lost during the recession.
Romney insisted that he would be misunderstood - he wanted to save the U.S. auto manufacturing industry, not destroy it. In his newspaper column, he believes the federal loans only to postpone the company's demise: "you can kiss the American automotive industry goodbye."
He called for a "managed bankruptcy", will allow the company to cut labor costs and become more competitive. The appropriate role of the government, he said, will include support for energy technology research, and adjust tax policy and the protection of the guarantee of car buyers.
However, these nuances get lost, as the movement to prepare. The fate of the car manufacturer has been improved, and save up to 1 million jobs. Obama said, Romney's approach would not result, because there is no private capital can keep the company floating.
"If we adopt your suggestion ... our car industry, we buy a car from China, rather than to sell the vehicle to China," Obama said.
Defensive Romney retorted: "I am the son of Detroit ... I would do anything to harm the U.S. auto industry."
But then, parameter is a controversial issue for the majority of Ohio voters. Nearly seven tenths of made up his mind before September, exit polls showed.
With the passage of time, the Romney strategist gambling in Ohio, USA, broadcast on television and radio advertising, claimed that Obama's policies have led to General Motors and Chrysler Car Company in China to establish car. The move backfired, drawing sharp rebuke of the two companies.
"This is very misleading, to be kind, it really upset a lot of our people," said Dave Green, president of the United Auto Workers union local represents about 1,500 workers in a Lordstown factory.
Obama won Michigan an ample, but just over 50% of the vote in Ohio. Despite his staunch support of organized labor, many blue-collar auto workers torn because of differences with the president on issues such as guns and abortion, Losier said.
That's bailout plan might break the scale. Union members support the President to lobby wavering colleagues to remind them how terrible the situation, Obama has assumed office.
"There is a genuine belief that they have to liquidate our factory," said Green. "People walked up and down the clipboard inventory and it does not look good. Opinion polls say," Do not put out a car company. "But he was doing."
At the end of the year, Green said, chose to come to a simple question: "Who are we to go to the polls - we moved down the efforts, or the guy who is the guy who threw lifejackets?"
The bailout was popular and independent, and even some Republicans support Obama, and draws usually prefer the Democratic Party, the Ohio Democratic Party Chairman Chris Redfern said.
Frank ? Hocker, retired people, he had worked for a truck manufacturing plant in Springfield, said he is not a single-issue voters. However, when Obama "stuck his neck, and the right thing to do with GM (General Motors), you know, I am satisfied."
 



Other News:
Romney never overcame bailout opposition in Ohio
Kroes reveals Azerbaijan hack attack
Greece secures short-term finance
Okla. GOP seeks to keep 'reddest state' moniker
IDF fires warning missile at Syria for first time since 1973
Iran believes U.S. drone was spying on oil tankers
Storm Sandy won't blow Allianz’s 2012 target off
Battle for votes in Virginia goes door-to-door