“Dayumn, That JLo Is a Comely Thing”

The Chrysler/Fiat marketing masterminds have followed native-son rapper Eminem’s Chrysler 200 commercial “imported from Detroit” (I called it the best ad on the Super Bowl) with a new one.

Walter Chrysler founded his Chrysler Corporation out of the ashes of Maxwell-Chalmers to build cars in Detroit City in 1925. Since then, Chrysler has bought and shut down a number of car lines including AMC, American, Barreiros, Graham Brothers, Commer, DeSoto, Eagle, Canadian Fargo, Hillman, Hudson, Humber, Imperial, Karrier, Maxwell, Nash, Plymouth, Rambler, Renault, Simca, Singer, Sunbeam, and the Valiant in the U.S., Canada, and Australia.

After the DaimlerChrysler fiasco, the company sold 80.1% of Chrysler Group to Cerberus Capital Management, a private equity firm. In the 2009 Obamanatationalization, Daimler agreed to give its remaining 19.9% stake to Cerberus Capital Management and to pay another $600 million into the automaker’s pension fund. The Obamanation then financed the sale of old Chrysler’s assets to New Chrysler with $6.6 billion paid to Cerebus. Chrysler repaid its $7.6 billion loans to the United States and Canadian governments in May, 2011.

I have to wonder how it is that Chrysler’s stockholder (Cerebus) got the gold while General Motor’s stockholders (Rufus and me) got the shaft, all in the same year. I guess screwing over the German Daimler AG (and us) was enough for the Obamanation.

Anyway, Eminem grew up in Detroit as did the car company. Ad agency Wieden+Kennedy celebrated that. (Portland, Oregon-based Wieden+Kennedy, known for its Nike ads, replaced the BBDO as Chrysler’s agency of record in 2009.)

This week, the beautiful Jennifer Lopez sings and drives her way to endorse the new

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wait for it
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Fiat 500C.
JLo sold herself for a flee flop.

Rufus said, “The Chrysler/Fiat thing — especially the 500 — is one of the most hateful things about the Obamanation’s Detroit.

“If the Progressives like Italy so much, they should go Berlusconi. They can stay forever if they love it that much.

“But dayumn that JLo is a comely thing!”

Sure.

So where’s the story? The Fiat is maybe the worst car sold in America since the Yugo but the bean counters and the Obamanation think the response in the ad is real.

Of course, the mob left the car behind when they carried off JLo. The bean counters and the Obamanation didn’t notice that.

Maybe JLo should have held out for an iPhone.

Persembe Peeves

The Twitter feed and other social network channels fill with vitriol when Ms. Bachmann or Mr. Perry or Mr. Paul or any other Republican misspeaks, prevaricates, or outright lies, but let one Congressman yell out, “You lie” to Mr. Obama and the world comes to an end.

Bear Market

A friend wrote on Google Plus last week,

Considering the effect President Obama’s last two speeches had on the Dow Jones Industrial Averages, I wonder if we’ll be looking at a Black Friday style Stock Nosedive?

That is what we call a trigger event (others include tsunamis, terrorist attacks, and travelers with influenza). That and another news story triggered a Big Thought.

The stock market dropped 300 points today in response to the President’s speech.

Then-Senator and presidential-expectee Obama’s “world that stands as one” speech in July of 2008 came at a market inflection point.

The new president made his inaugural address January 20, 2009. The Dow slid. He and Mr. Biden delivered remarks on the Economy in January, 2009. The Dow continued to slide. He spoke of regulation in the financial sector in February. The Dow dropped some more. He made his Innovation and Jobs remarks. The Dow dropped below 7,000.

He stopped talking about important stuff. The market started to recover.

Time passed.

He said “government can … create the conditions for companies to succeed” in April of 2010 and the Dow began to slide again.

Mr. Obama delivered a speech on the national debt in April of 2011. Guess what happened? He was on the stump last month and announced half a trillion in spending just last week.

That preceded that immediate 300 point slide which some pundits say has nothing to do with us and everything to do with Europe.

Here’s the problem. The data is inconclusive.

Oh, sure, I made an interesting case blaming the drop in my 401K on (liberal) presidential speeches but I’m sure some (liberal) pundit can dig through Yahoo finance to compare (conservative) presidential speeches to downward market performance.

I’m thinking we need a better indicator.

I’m thinking Animal Planet; after all, the stock market is represented by the bulls and the bears, right? And that brings me to the second news story.

A bear stole a Prius last week.

The Prius is a hybrid electric car that Toyota calls a “mid-size” sedan. On sale since 1997, the car gets regular EPA, California Air Resources Board (CARB), and Far Green ratings among the cleanest and most efficient vehicles sold. That’s based on smog contributions, toxic emissions, and apparent gas mileage.

Don’t get me started on “apparent gas mileage” and the government finagling of fuel economy figures.

Certain cars have become the darlings of demographic groups. The Subaru is the national car of Vermont (popularly known as the “Subi-truck” although the Forester station wagon is the vehicle of choice). According to epinions, “BMW drivers are bar none, the worst around.” And the Toyota Prius is the darling of the left.

The McCarthy family, on vacation in Lake Tahoe last week, has a story right out of Jellystone Park: a bear stole their car. If they had gone to Central Park, the car thief might have caused less damage.

The bear broke into their car, rummaged around, took off down the hill, and crashed into a nearby yard. Then, like any good car thief, he completely trashed inside of their Prius. “He had ripped out the back seat. There’s nothing left. There’s nothing left inside of our Prius. Gone,” said CeCe McCarthy.

A bear stole a Prius. A bull has never in the history of cars or the stock market (heh) stolen a Prius.

Bears are liberals. Bulls aren’t.

Whoda think it?

Thus concludeth my primer on the stock market.

Thor’s Trials & Tribulations

The President of these United States is going to talk tonight. “My fellow Americans, I will set you free! Jobs jobs jobs jobs jobs for everyone.”

25 million unemployed and every person without a job has heard those words before.

I’m thinking tonight Mr. Obama’s words will again be all hat and no cow(boys). And that may be the biggest trial of all.