From J F'n Kerry's website: Lee Iacocca Endorses Kerry for President. "Having backed George W. Bush in 2000, Iacocca is switching his support in 2004 after over three years of jobs failure by the Bush administration."
In his own words Lee said, "All of my best friends are Republicans, and they ask me, “Are you crazy or something? Why are you doing this?” Well, it’s simple. I tell them the world is changing. Our country is changing. And we need a leader who understands that change that’s taking place. And most important, we need a leader who will level with us about how we can adapt to that change and make things change for the better." OK, that's completely vague. Later he adds, "John Kerry would make a great commander-in-chief, I have no doubt about that. He would also make one hell of a CEO. That’s what a President is." And... "He knows how to surround himself with good people, and he knows how to set priorities. He’s a doer. And he does know how to make a tough decision now and then, believe me." And... "And there’s another thing that John Kerry’s done that’s really impressed me, as a CEO of many years. In my 50 years in the auto business, I’ve always kept in front of me a hotlist – a hotlist of 10 priorities to move the company forward. I would address those personally almost on a daily basis, and guess what? John Kerry’s done that for the country, drawing up his own 10 national priority list."
So other than Iacocca's good name, his plea to "believe me," and the fact that they both use a David Letterman "Top 10 List" management style, not much of substance here. Iacocca's message seems to boil down to, "That’s really why I’m here. We’re going in the wrong direction." Look's like Uncle Lee's been getting too much of his "news" from Reuters, The Guardian and the NY Times.
There is a long, lugubrious history going back to John Rockefeller, that tough guys who made it in Michael Barone's "Hard America" want to change the rules after they made it.
Sometimes it's misplaced compassion, but more frequently it's an attitude of "I got mine -- time to shut the door so the hoi polloi don't join me at the club!"
Sad to see Mr. Iacocca succumb...