Former Chrysler chairman changes support from Bush to Kerry

[AlCzervik]

http://www.lasvegassun.com/sunbin/stories/bw-elect/2004/jun/24/062403231.html

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Today: June 24, 2004 at 10:02:02 PDT


Iacocca Changes Support From Bush to Kerry
By NEDRA PICKLER
ASSOCIATED PRESS


SAN JOSE, Calif. (AP) -

Four years after former Chrysler Corp. chairman Lee Iacocca cut ads supporting George W. Bush's election, he's switching alliances to presidential challenger John Kerry.

Iacocca decided to announce his endorsement in person at a Kerry speech Thursday on creating high-tech industry jobs in Silicon Valley.

Iacocca, 79, gained a reputation as a champion of innovation within the automotive industry. He oversaw the development of the Ford Mustang in the 1960s and later the minivan and electric vehicles while at Chrysler Corp. He is the chairman and founder of EV Global Motors Co., a Los Angeles-based firm that designs electronic bicycles.

In a television ad that aired in Michigan during the 2000 campaign, Iacocca criticized Democratic presidential candidate Al Gore on automotive issues, contending that Gore's environmentally "extreme ideas" could cost autoworkers their jobs.

Iacocca retired as chairman of Chrysler Corp. in 1992. He was president of Ford Motor Co. before joining financially ailing Chrysler in 1978.

In prepared remarks, Kerry said Thursday that the United States is losing its technological edge under President Bush's leadership, with the disappearance of 800,000 high-tech jobs and falling from 4th to 10th in the use of broadband. He said countries such as South Korea and Japan are deploying networks that are 20-50 times faster than what is available in the United States.

He vowed to create jobs in the high-tech industry through an investment of $30 billion raised by auctioning off broadcast airwaves.

"This technological revolution is the foundation of a 21st century economy," Kerry said. "But it's up to us to build on that foundation so that we can create and expand 21st century jobs. We won't get very far with a government that wants to stifle or ignore the creativity and entrepreneurship that will produce the next big idea: We need to encourage it and invest in it."

[bossfish]

1. REAL captialists can't get behind Shrub

In order for the economy to work, the folks in the middle and working class need to have something to spend

[Catfight]

2. when corporations get nervous that bush is going to lose

they'll all start schmoozing Kerry so they get to keep their special interest tax breaks. Whatever it takes to get rid of the current occupier of the WH.

[GainesT1958]

3. Something--I don't know what--told me...

That "Lido" would come around to us this time!:D

Thanks a bunch, LIDO!!!:toast:

:kick:

B-)

[yellowcanine]

4. This is good but Iacocca is pretty much yesterday's news. We need current

Fortune 500 company presidents and board members to support Kerry. That would put the fear of losing into Bush/Rove and company.

[AlCzervik]

5. It's not yesterdays news

to alot of republicans, he was used in *'S campaign in 2000 so obviousley he has some weight.

[daveskilt]

6. I am a fiscal conservative - a hard core capitalist

which is one more reason I detest Bush. tax cuts in wartime? unfunded mandates? massive deficit spending? not the marks of a conservative or even a competent manager. Real conservatives, real capitalists HAVE to support Kerry over Bush.


(for the record, I'm a screaming lefty on most social issues and leftist/libertarian leanings on most foriegn policy issues. basically bush is the antithesis of everything I care about)

[Gman]

7. Tom Delay said right before the war last year, and I quote...

"Nothing is more important in the face of war than cutting taxes."

This is probably one of the most assinine statements to ever cross the lips of a member of Congress since the founding of the republic, all 228 years of it.

[Veggie Meathead]

8. I like the way you spelt "assinine".You must be combining

"asshole" and "asinine'.A perfect description of DeLay.

[Hubert Flottz]

9. LMAO!

Tom must huff his own bug dope!

[Ugnmoose]

12. Me too

I am a fiscal conservative and social liberal. On both scores Bushco is a disaster. There is not one thing this group has done that I can embrace - not one thing!

[Tierra_y_Libertad]

10. Capitalist rats deserting a sinking ship?

Who needs 'em? Let them sink with the rotten hulled vessle they created.

[daveskilt]

13. democrats are capitalists too...nt

[kaitykaity]

11. Double-edged sword here.

"How dare Kerry accept the endorsement of a corporate
(insert pejorative here)?"

I'm not sure how I feel about this.

[DaveSZ]

14. .

I'd rather Kerry fight for the people than for CEOs.

[kaitykaity]

15. Exactly my point.

My first thought was that this endorsement was a good thing.
But then . . .