Happy Thanksgiving!

Here's a Macy's Thanksgiving Day Parade float for you:

To answer your questions:
1)Yes, that is Robocop
2) Because his animated series was part of Marvel Action Universe, a 90 minute block of repackaged Marvel Superhero cartoons that was a big a travesty as this float (but it was the '80s, about the only thing for Marvel we had back then), and
3) I have no idea why he turned off the electric thingy that was zapping Dr. Doom.