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Posted

WASHINGTON – President Barack Obama said today that Chrysler LLC will file a historic bankruptcy shortly, backed by up to $3.5 billion in new government aid designed to allow a Chrysler-Fiat partnership to emerge from court in 30 to 60 days.

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For those who do not believe in conspiracy theories, could you explain to me why the president is making this announcement?

Why is he involved at all?

Quote:
Wednesday, April 1st, 2009

"We the People" to "King of the World": "YOU'RE FIRED!" ...a letter from Michael Moore

Friends,

Nothing like it has ever happened. The President of the United States, the elected representative of the people, has just told the head of General Motors -- a company that's spent more years at #1 on the Fortune 500 list than anyone else -- "You're fired!"

I simply can't believe it. This stunning, unprecedented action has left me speechless for the past two days. I keep saying, "Did Obama really fire the chairman of General Motors? The wealthiest and most powerful corporation of the 20th century? Can he do that? Really? Well, damn! What else can he do?!"

Posted

WASHINGTON – President Barack Obama said today that Chrysler LLC will file a historic bankruptcy shortly, backed by up to $3.5 billion in new government aid designed to allow a Chrysler-Fiat partnership to emerge from court in 30 to 60 days.

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For those who do not believe in conspiracy theories, could you explain to me why the president is making this announcement?

Why is he involved at all?

Maybe because the government will be given shares in the company along with the union now has over 50% of the shares. Doesn't leave much for the common shareholder.

The union can now negotiate an new contract. Nice work if you can get it.

correction: The above deals with GM rather than Chrysler.

Everything you do is based on the choices you make. It's not your parents, your past relationships, your job, the economy, the weather, an argument, or your age that is to blame. You and only you are responsible for every decision and choice you make, period ... ... Wish more people would realize this.

Quotes by Susan Gottesman

Posted

HEY BONNIE

I had hear a about 1 week ago that THE GOVERNMENT

is considering talking over one of the car dealers

at the 50 percent mark...

dgrimm60

Kind of scary that the unions and the government will now have voting rights.

Obama did say last night he is remaking America. When did that become part of his oath of office.

He was blocking repayment of bailout money by banks. He wanted shares in place of the cash

Everything you do is based on the choices you make. It's not your parents, your past relationships, your job, the economy, the weather, an argument, or your age that is to blame. You and only you are responsible for every decision and choice you make, period ... ... Wish more people would realize this.

Quotes by Susan Gottesman

Posted

Quote:
claiming his ambitious agenda of “remaking America” had begun to take hold.

Really.

Posted

I keep saying, "Did Obama really fire the chairman of General Motors? The wealthiest and most powerful corporation of the 20th century? Can he do that? Really? Well, d***! What else can he do?!"

Are we allowed to print swear words now?

Posted

It slipped through. I should have edited out. I am sorry.

I find this shocking because Michael Moore is such a dyed in the wool democrat.

Posted

Kind of scary that the unions and the government will now have voting rights.

Obama did say last night he is remaking America. When did that become part of his oath of office.

He was blocking repayment of bailout money by banks. He wanted shares in place of the cash

Obama has emphasised that he has no desire to manage car companys nor banks. He 'has two wars to manage'. His primary purpose is to get the economy up and going . The reasons that he had the senior management removed from the car companys was 1] management was not agressive enough in their management of thier recovery. and 2] the common average american WANTS to be green. They want the hybrid car,the electric car, .... they want to be patriotic and get off of foriegn oil. They want the car companys to tool up in that direction.

Democracy is a device that ensures we shall be governed no better than we deserve.

 

George Bernard Shaw

 

Posted

Quote:

Obama has emphasised that he has no desire to manage car companys nor banks. He 'has two wars to manage'. His primary purpose is to get the economy up and going . The reasons that he had the senior management removed from the car companys was 1] management was not agressive enough in their management of thier recovery. and 2] the common average american WANTS to be green. They want the hybrid car,the electric car, .... they want to be patriotic and get off of foriegn oil. They want the car companys to tool up in that direction.

We will see. Once the government has its hooks into something they don't let go.

The president does not typically fire employee's of private business. This now gives his appointee the right to vote on decisions made.

If most americans wanted the little cars ,the hybrid,we would have them now. Very few want them.

Everything you do is based on the choices you make. It's not your parents, your past relationships, your job, the economy, the weather, an argument, or your age that is to blame. You and only you are responsible for every decision and choice you make, period ... ... Wish more people would realize this.

Quotes by Susan Gottesman

Posted

My big concern is the future of Jeep. When Chrysler took over that division, there was a lot of trepidation regarding the future of the toughest vehicle (at the time) on the road or trail.

We Jeep fans breathed a sigh of relief when we saw that Chrysler was serious about off-roading. They have done a terrific job over the years and the TJ (Wrangler) is still unmatched in its utility, capability and versatility.

I sincerely hope that Jeep will survive this mess!

Posted

I find this shocking because Michael Moore is such a dyed in the wool democrat.

It didn't look to me like Michael Moore was disagreeing with what Obama did - just amazed by it.

Posted

We had a Jeep Cherokee. It was a piece of junk. We were so disgusted, we went online and discovered we were far from alone in that sentiment.

Posted

We had a Jeep Cherokee. It was a piece of junk. We were so disgusted, we went online and discovered we were far from alone in that sentiment.

I understand. But, on the other hand, my 3rd Jeep was a 2001 Grand Cherokee and it was tough, reliable and I loved it! No mfgr makes 100% perfect vehicles 100% of the time.

Posted

!@#$%^&*()*&^%$#@#$%^&*()__)(*&^%$ works for me!

Posted

HEY GRIMMY

Our 1999 Suzuki Vitara with 160k miles is humming along great. 10+ years and still cookin'.

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