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If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
Chrysler repays bailout money to Treasury department
STERLING HEIGHTS, Mich. — With a few computer keystrokes in an office at its headquarters, Chrysler Group LLC sent $7.6 billion to the U.S. and Canadian governments on Tuesday, paying off most of the bailout money that saved the company from financial disaster just two years ago.
Chrysler gets itself out of hock to U.S. - Business - Autos - msnbc.com
The liberal position on bailouts. "Corperate welfare is bad unless the corperation is unionised and Obama bails them out. "
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
Chrysler repays bailout money to Treasury department
STERLING HEIGHTS, Mich. With a few computer keystrokes in an office at its headquarters, Chrysler Group LLC sent $7.6 billion to the U.S. and Canadian governments on Tuesday, paying off most of the bailout money that saved the company from financial disaster just two years ago.
Chrysler gets itself out of hock to U.S. - Business - Autos - msnbc.com
The liberal position on bailouts. "Corperate welfare is bad unless the corperation is unionised and Obama bails them out. "
This probably the best possible outcome for everyone.
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
The liberal position on bailouts. "Corperate welfare is bad unless the corperation is unionised and Obama bails them out. "
Friggen right on, he saved his Union pals jobs (because they HELPED with getting him elected)... while the rest of us could just go to hell.
We should all bow down and kiss the ground the Obama walks on.. good gawd Obamabots are stupid creatures.
Unions workers get to keep their inflated pay packages. Management gets to stay on at their inflated salaries. Obama gets to count on both fo them for re-election support.
And the creditors and American taxpayer? Oh yeah, he gets it in the shorts.
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
Chrysler repays bailout money to Treasury department
STERLING HEIGHTS, Mich. With a few computer keystrokes in an office at its headquarters, Chrysler Group LLC sent $7.6 billion to the U.S. and Canadian governments on Tuesday, paying off most of the bailout money that saved the company from financial disaster just two years ago.
Chrysler gets itself out of hock to U.S. - Business - Autos - msnbc.com
LOL @ you for believing that Chrysler would have went out of business if they had went through bankruptcy without federal aid.
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
LOL @ you for believing that Chrysler would have went out of business if they had went through bankruptcy without federal aid.
The Stupid fucks either do not understand, or do not want to Admit. That Companies regularly go through bankruptcy and come out the other side strong and more profitable for it. It was highly unlikely Chrysler would have gone under.
They simply do not care about facts.
Just heard on NBC Nightly News that Chrysler repaid the loans not from profits, but with bank loans and bonds sales.
So Chrysler is no better off than it was before.
They should have gone through bankruptcy. They'd have been better off.
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
LOL @ you for believing that Chrysler would have went out of business if they had went through bankruptcy without federal aid.
The Stupid fucks either do not understand, or do not want to Admit. That Companies regularly go through bankruptcy and come out the other side strong and more profitable for it. It was highly unlikely Chrysler would have gone under.
They simply do not care about facts.
Just heard on NBC Nightly News that Chrysler repaid the loans not from profits, but with bank loans and bonds sales.
So Chrysler is no better off than it was before.
They should have gone through bankruptcy. They'd have been better off.
SAME could be said for ANY entity that took taxpayer funds.
Robert Louis Nardelli (born May 17, 1948, in Old Forge, Pennsylvania) was the chairman and chief executive officer of Chrysler. He had earlier served in a similar capacity at The Home Depot from December 2000 to January 2007. Prior to that, Nardelli had risen to become one of the top four executives at General Electric. CNBC named Nardelli as one of the "Worst American CEOs of All Time".[1]
On March 17, 2009, Nardelli said that Chrysler Financial would require a second round of loans.[11] On April 21, 2009, it was revealed that a $750 million loan from the government was turned down, on the grounds that it would have required that executive compensation be capped.[12] On April 30, 2009, Chrysler filed for Chapter 11 bankruptcy, and it was announced that Nardelli's replacement (Sergio Marchionne [13]) would likely face a pay cap.[14]
Indeed. But then that would point to Unions Money Laundering in cahoots with Democrats...with occasional bones thrown to Repubicans to throw us off the trail...Just heard on NBC Nightly News that Chrysler repaid the loans not from profits, but with bank loans and bonds sales.
So Chrysler is no better off than it was before.
They should have gone through bankruptcy. They'd have been better off.
SAME could be said for ANY entity that took taxpayer funds.
Well, except for the unions.
If many conservatives had had their way a couple of years ago, Chrysler, the car company, AND all those Chrysler jobs, AND the support jobs in the factory towns, AND many of the automotive supplier jobs which depended on the auto and truck manufacturer would be GONE.
Thankfully, President Obama and his team had far greater vision and a damn sight more common sense than conservatives had.
I don't understand why our taxpay'd dollars should go to bail out a private company.
Any company.
Hell, if I was going under, and cried "Help" does anyone feel I should get a check?
I think not.
This bailout stuff is nonsense.
Let failed businesses do just that - fail.
Obama fucked Chrysler senior secured creditors to turn Chrysler over to his Union thugs.
It's part of the reason the dollar continues to free fall, no one wants to do business with people who run up deficits larger than the entire budget for any other county and then fuck over their debt holders.
