This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ford Pulls Ad After White House Objects: Report

DETROIT TheStreet) - The White House asked Ford (F - Get Report) to pull a TV ad that seemed critical of the bailouts championed by President Obama, according to a published report.

Ford has denied the report.

In the ad, a male F150 buyer identified only as Chris proclaims: "I wasn't going to buy another car that was bailed out by our government. I was going to buy from a manufacturer that's standing on their own: Win, lose, or draw."

The ad made the case that Ford stood on its own when rivals Chrysler and GM (GM - Get Report) required government bailouts. Ford executives, from CEO Alan Mulally on down, have said regularly that the story of Ford's self-reliance has helped Ford sales.

Unfortunately, according to Detroit News columnist Daniel Howes, that story line can also be read as casting aspersions on the Obama White House.

"Ford pulled the ad after individuals inside the White House questioned whether the copy was publicly denigrating the controversial bailout policy," Howes wrote, in today's edition of The Detroit News.

"With President Barack Obama tuning his re-election campaign amid dismal economic conditions and simmering antipathy toward his stimulus spending and associated bailouts, the Ford ad carried the makings of a political liability when Team Obama can least afford yet another one," Howes said.

A Ford spokesman reminded TheStreet that the automaker "supported emergency government support for our competitors in 2008 and 2009 and continues to support the decisions we made." As for the ad, the spokesman said, it "has stopped running as part of its previously planned rotation," rather than because of pressure from the White House.

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
F $14.55 0.00%
GM $36.34 0.00%
AAPL $118.03 0.00%
FB $105.52 0.10%
GOOG $748.15 0.00%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs