John Ransom

The Left has caught the vapors or the fantods over a recent Bloomberg News article that suggested Jeep may move some of its manufacturing capacity to China.

From Bloomberg:

Fiat is in “very detailed conversations” with its Chinese partner, Guangzhou Automobile Group Co. (2238), about making Jeeps in the world’s largest auto market, said Mike Manley, chief operating officer of Fiat and Chrysler in Asia. Chrysler hasn’t built Jeeps there since before Fiat took control in 2009.

“The volume opportunity for us is very significant,” Manley, who is also president of the Jeep brand, said in an interview at Chrysler’s Auburn Hills, Michigan, headquarters. “We’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”

And into this story, like many others, stepped a presidential election. Or two.

As background, president Obama has been going around saying that our will-be president, our president-in-waiting, Mitt Romney has moved jobs overseas in a nefarious war on the middle class that Mitt has been engaged in since he wrongly choose not to be aborted prior to his birth in 1947.

Thus, not only does Mitt HATE the middle class, says a paraphrase of the president and his automated surrogates, but he has ALSO interfered with a woman’s right to choose only Barack Obama on their presidential ballot (insert War on Women rhetoric here- see Wasserman, Schultz, Debbie).

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!