Oh, bullshit.
Chrysler was sold by Cerberus Capital Management, a company like Bain, and the company that actually owned it. What the USG did was tell Cerberus it wouldn't get help unless it did the responsible thing and struck a deal with Fiat. A loan that's been recovered, btw. What "family names like Guadagne and Ventamiglia" have to do with anything is lost on me.
Again, it's bullshit.
“I saw a story today that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China. I will fight for every good job in America, I’m going to fight to make sure trade is fair” --
Mitt Romney, Defiance Ohio, October 25 2012
The
ads continued to perpetuate the lie.
That's bizarre judgement, to be publicly called out for a blatant untruth ---- and then just continue with it anyway. Small wonder the electorate didn't want a guy in the top spot with that kind of judgement. This would indicate that Romney was betting the electorate was too stupid and uninformed to know better. He lost that bet. So there's an indication who the uninformed really are.
Pogo BHO created the events
That "untruth" is Forbes, not mine
Simple as I can put it
Your passion about what is at worse or best a 1/2 truth
and yet you ignore the gran dad of lying
And you talk about mis informed?
Congress told GWB dont give them any money, yet he ignored them
BHO did not even ask
It was wrong to start with
The terms? the govt had nothing to do with setting the terms of those loans? without the will of the people?
So you claim that some group sold Chrysler and BHO had no play in it?
Well is that not amazing that without GWB there is no Chrysler
Without BHO it dies after W saves them
and
George W. Bush agreed to a temporary bailout, but handed the auto companies' long-term future over to his successor, President-Elect Barack Obama.
Obama then shepherded a comprehensive bailout of the two companies that allowed them to stay in business but imposed numerous conditions that, it was hoped, would secure their viability and allow the companies to eventually return to profitability.
DETROIT, May 24 (Reuters) - Chrysler Group LLC was set on Tuesday to repay $7.5 billion in U.S. and Canadian government loans from its 2009 federal bailout,
a move that will allow the U.S. automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA (FIA.MI).
And BTW, whose money did they use to do this deal with?
No BHO had nothing to do with this event did he?