Do Obama haters love Ford?

The automaker likes to remind us that it didn't take a government bailout like its Detroit rivals, but does the story resonate with car buyers?

By TheStreet Staff Sep 20, 2011 11:31AM

By Ted Reed, TheStreetTheStreet


If Obama haters also hate GM (GM), does that mean they love Ford (F)?


The Ford story has always been a tale of a company that eschewed a government bailout and pulled itself up by its bootstraps. And Ford has never been shy about telling it. Ford executives, from CEO Alan Mulally on down, have said regularly that the story has helped Ford sales.


A recent TV ad lets a Ford F150 buyer tell the story in his own words: "I wasn't going to buy another car that was bailed out by our government," says the buyer, identified only as Chris. "I was going to buy from a manufacturer that's standing on their own: win, lose, or draw.


Related Articles

"That's what America is about, is taking the chance to succeed and understanding when you fail that you gotta' pick yourself up and go back to work," Chris said. "Ford is that company for me."


Forget the bad grammar because, after all, written English and spoken English are two different languages. Also forget that Ford has decided for some reason to stage faux press conferences in its ads, perhaps to underscore their faux authenticity.


The point is that the country of Abraham Lincoln has not changed much. We like self-reliant companies and people who walked to school in bad weather, uphill both ways.


It remains to be seen whether we also like a president who spent billions to bail out automakers GM and Chrysler and, so far, did not get every penny back.


In comments on our story "Obama haters shun GM," some readers told us that they would never buy a GM vehicle again. Some vastly prefer Ford. But of course, even before 1929 -- the last time our economy collapsed -- our country was split between Ford buyers and GM buyers.


It can be argued that saving GM and Chrysler was a brilliant move that not only preserved a key segment of our manufacturing sector but also created healthier, restructured companies that will benefit millions of shareholders, employees and automobile buyers. In particular, had the companies failed, taxpayers would have picked up billions in pension obligations.

But it cannot be said that GM and Chrysler are self-reliant. Only Ford has been that.


All this talk about the GM bailout, and people not buying GM autos because of it. Some of these same people have no problem buying a Nissan leaf, that is made in Japan, and getting a tax credit of $7500.00 from the U.S. government, which amounts to little more than incentives by our Gov. to support a Japanese company. In some peoples eyes, supporting a Japan company, not a problem. But supporting a American company, huge problem. I have a name for these types of Americans, but cannot print it here.
Sep 20, 2011 1:17PM

Ironic that now the UAW is going after Mulally for his "excessive pay package". 

You couldn't buy the type of goodwill he created for $25 million. 


For someone who SAVED  a multi billion dollar company like Ford,  $25 million is chump change.   


As a Ford dealer today,  I still have people showing up in my showroom telling me "the only reason they're here is because Ford didn't take the bailout money". 


PLEASE Keep up the good work,  and don't let the new Ford fall back into the old way of doing business! 

Sep 20, 2011 4:28PM
Obama haters love praying in the streets, proclaiming their salvation loudly in crowds, using their mouths to speak lies, disrespect, distortions, shouting, bearing false witness against him, hating, smearing, loving money, Mammon, above all else, and regularly asking "Am I my brother's keeper?"  They cheer if a young man who does not buy insurance dies without any help other than charity, and the level of right wing church charity is actually far, far less than the obligatory 10 percent, more like a few percent.  Their response to the sick, as seen in the last Tea Party debate, is to let the man beaten up on the side of the road die if he had no insurance.  So do they love Ford?  Why?  Ford itself says more than 30 thousand jobs at Ford were saved by President Obama's stimulus.  These Tea Party haters are not any sort of Christian Jesus would recognize.  These GOP Tea Partiers will have their reward.
Sep 20, 2011 4:33PM
Oh, and Mr. Reed, the myth of self-reliance, as if one could float on a depressionary ocean with one life preserver while all else sank is a fantasy.  Modern capitalism, such as it is, often predatory, willing to sell its soul for a profit, to deal with tyrants as long as they kill worker leaders and workers, is highly interdendent.  Without Mr. Obama, Ford would be swirling the drain along with GM and Chrysler.  A little less fantasy and a little more realism.
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.


StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

123 rated 1
262 rated 2
480 rated 3
651 rated 4
649 rated 5
629 rated 6
616 rated 7
496 rated 8
346 rated 9
111 rated 10

Top Picks

TAT&T Inc9



Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.