Obama Advertising, Inc.

posted at 8:24 am on May 13, 2009 by dougpowers
[ Economics ]   

The Obama administration got into the car business, so why not the advertising business?

From the Tribble Agency:

Chrysler wanted to spend $134 million in advertising over the nine weeks it’s in bankruptcy, however the Obama auto-industry task force gave it only half that.

Actually, Obama’s on to something here, because if he follows his GM business plan with Chrysler, why advertise if the government’s going to buy all the cars anyway?

The Federal Government viewed at least half of Chrysler’s advertising budget as a waste of money.

Insert your own joke here.

Keep in mind these are the same economy-minded government types that have put our tax dollars into tobacco company stock and then used the dividends to buy ads telling us not to smoke.

And what about the millions of dollars in Chrysler advertising money that the already strapped broadcast industry is now writing off for the remaining quarters this year? Couldn’t the government just let Chrysler spend the planned amount on advertising and consider it a “broadcast industry bailout”?

But we can’t expect Obama to consider the negative domino effect that slashing Chrysler’s ad budget is having on the ailing advertising/broadcast industry, since Democrats don’t believe in trickle-down economics.

As a result of the takeover, the Chrysler logo and slogan, which was this…

…will be slightly updated to feature a photo of the company’s new Supreme Leader, a modified slogan, two left wings and a message to other companies about fiscal responsibility:

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