#3007636 - 10/30/12 03:14 PM
Re: The Chrysler Bailout worked...
[Re: farmin68]
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TennesseeRains
TnDeer Old Timer
16 Point
Registered: 11/21/01
Posts: 12921
Loc: Hixson,TN
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"To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat."
http://nlpc.org/cached/fiat-says-chrysle...-may-move-italy
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I don't always eat meat but when I do I prefer deer. Stay hungry my friends-nbforrest#3
To be fair, we can now blame everything on everything else-Wildcat
A nation of sheep breeds a gov't of wolves
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#3007645 - 10/30/12 03:19 PM
Re: The Chrysler Bailout worked...
[Re: TennesseeRains]
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utfan1
10 Point
Registered: 12/31/06
Posts: 3596
Loc: cleveland,tn
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way to look at the bright side.
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#3007659 - 10/30/12 03:23 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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waynesworld
8 Point
Registered: 05/13/12
Posts: 1438
Loc: Mboro, Tennessee
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Sure it worked wait the loan is to stop them from going into bankruptcy, then they did go into it but now turn a profit. Back to dem math. The fact is that Govt has no business bailing out companies and that is rep or dems. There is a thing called bankruptcy to allow for companies to fix there problems without closing the doors. This argument that all the auto factories would just shut there doors and stop producing is as stupid as saying all airlines close there doors every time they go through bankruptcy. Or lets talk farmers how many times they have to. But lets get what we want by scarring the uninformed people.
But tony to O's defense he did not start the ball rolling just gave it a large push.
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#3008033 - 10/30/12 07:13 PM
Re: The Chrysler Bailout worked...
[Re: farmin68]
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farmin68
16 Point
Registered: 11/08/03
Posts: 12417
Loc: In a tree clinging to my guns ...
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Are you saying the Kenyan actually did ONE thing right? 
I guess TD has me on his ignore list. 
_________________________
Aim low, boys...They're riding Shetland ponies
Walking is generally considered to be a healthy practice, unless you’re a tyrant. - Joel Salatin
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#3008095 - 10/30/12 07:47 PM
Re: The Chrysler Bailout worked...
[Re: farmin68]
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dr
10 Point
Registered: 02/24/03
Posts: 3454
Loc: USA
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Funny, I don't remember Chrysler sending me a check for getting bailed out with my tax dollars.
_________________________
I spent most of my money on Huntin and fishin, the rest I squandered.
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#3008811 - 10/31/12 08:49 AM
Re: The Chrysler Bailout worked...
[Re: dr]
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Deer Whisperer
10 Point
Registered: 04/16/05
Posts: 2644
Loc: Murfreesboro, TN
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Didn't GM and Cr both get some money that was a loan, (needed to pay back), and some money that was transferred to them, (not a loan- no need to repay.)? Seems like the loan was smaller than the "other money".
If this is true, it lets the companies say, "We repaid all the loans" which makes it seem like they gave back all the money that was provided to them from the government. Meanwhile, they were able to keep a ton of money.
Am I having a false memory about this?
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#3008817 - 10/31/12 08:53 AM
Re: The Chrysler Bailout worked...
[Re: Deer Whisperer]
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waynesworld
8 Point
Registered: 05/13/12
Posts: 1438
Loc: Mboro, Tennessee
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I know we got a bunch of gm stock which is totally wrong in my book. How can a person regulate a company it owns. ?
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#3008829 - 10/31/12 08:58 AM
Re: The Chrysler Bailout worked...
[Re: citico_tim]
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Pic IN the Casa
12 Point
Registered: 03/18/11
Posts: 5869
Loc: TN
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EXACTLY!
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Everyone who does evil hates the light, and will not come into the light for fear that their deeds will be exposed. John 3:20
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#3009490 - 10/31/12 03:26 PM
Re: The Chrysler Bailout worked...
[Re: Pic IN the Casa]
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Wildcat
Non-Typical
Registered: 06/10/00
Posts: 39070
Loc: Western Ky.
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GM stock went up today on the news that they are going to lay off 2,500 people.
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A Government that does not trust its law abiding citizens to keep and bear arms, is itself unworthy of trust..... - James Madison
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#3009496 - 10/31/12 03:29 PM
Re: The Chrysler Bailout worked...
[Re: Wildcat]
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Tony(D)
4 Point
Registered: 07/08/12
Posts: 316
Loc: TN
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It's called "business." It happens all the time. I think they call it reorganization, LOL. Either way it looks GREAT to the shareholders which, from what I have heard here, is what matters in the end.
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#3009499 - 10/31/12 03:32 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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Wildcat
Non-Typical
Registered: 06/10/00
Posts: 39070
Loc: Western Ky.
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Gm still has NOT paid back the govt.
They HAVE to DOUBLE their stock just to break even. THAT is bad business.
_________________________
A Government that does not trust its law abiding citizens to keep and bear arms, is itself unworthy of trust..... - James Madison
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#3009510 - 10/31/12 03:39 PM
Re: The Chrysler Bailout worked...
[Re: Wildcat]
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citico_tim
10 Point
Registered: 10/02/02
Posts: 4499
Loc: Knoxville, TN, USA
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Christie was already softening up to Obama last week when he offered to buy his ticket back to Chicago. But why praise Obama?
"But the truth about Christie’s outreach to Obama is blindingly obvious: Mitt Romney is now running away with this election, freeing Christie to praise the president without fear that doing so will tip the scales."
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“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.” ― Alexis de Tocqueville http://www.usa.gov/Contact/Elected.shtml
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#3009532 - 10/31/12 03:55 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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youngandfree
6 Point
Registered: 09/26/12
Posts: 650
Loc: Greene County, Tn.
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It's called "business." It happens all the time. I think they call it reorganization, LOL. Either way it looks GREAT to the shareholders which, from what I have heard here, is what matters in the end.
Obama STOLE stock from Gm and , if I am not wrong, gave the majority of the shares to the very reason that GM was near bankruptcy...THE UNIONS.
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#3009557 - 10/31/12 04:16 PM
Re: The Chrysler Bailout worked...
[Re: youngandfree]
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Hangnail
12 Point
Registered: 11/30/00
Posts: 6018
Loc: Murfreesboro, TN
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Taxpayers own 500 million shares of GM. GM stock value will have to more than double for taxpayers TO BREAK EVEN, all this while
GM may fail anyway. Chrysler may be moved overseas, making Chrysler vehicles imports. The UAW was given, yes given, tens of billions to shore up their retirement coffers and given the right to opt out of Obamacare, which is supposed to be a magnificent healthcare institution for the masses. 2000 car dealerships were forced to close by obama, some having been in operation for 80 years. Profitability had nothing to do with which ones got closed as it was as political as election day.
Yep. The auto bailout worked great.
If you want to be taken seriously, please get your information from somewhere other than liberal sources.
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#3009568 - 10/31/12 04:25 PM
Re: The Chrysler Bailout worked...
[Re: Hangnail]
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Vermin93
8 Point
Registered: 12/11/10
Posts: 2181
Loc: Dallas, TX & Signal Mtn, TN
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The GM and Chrysler bailouts happened because of unions. It was another case of Democrat crony capitalism, pure and simple. Obama bailed his supporters out. Wow, that's awesome.
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#3009677 - 10/31/12 06:29 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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Greg .
aPoStROpHe PolIcE
16 Point
Registered: 08/24/04
Posts: 11066
Loc: NC Piedmonts
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It's called "business." It happens all the time. I think they call it reorganization, LOL. Either way it looks GREAT to the shareholders which, from what I have heard here, is what matters in the end.
yEAh .. sCReW thE SHaREHolDErS ...
tHEy JusT OwN tHE bUsInEsS !!!!!
wE aLl Kn0W thaT tHE whOlE REaSOn
a pERsOn STaRTS a BuSIneSs iS t0
eMpLOy PeOple .. nOt tO tURn a
PrOFiT!! pROfItS aRe EVIl!!
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Abandon all rational and unbiased thought. Just blame Boooosh. lIbeRaLs LIE ... lazy lIbeRaLs repeat LIES. Ø : http://obamaclock.org/
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#3009711 - 10/31/12 06:59 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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Camp David
10 Point
Registered: 05/31/03
Posts: 4977
Loc: TN
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It's called "business." It happens all the time. I think they call it reorganization, LOL. Either way it looks GREAT to the shareholders which, from what I have heard here, is what matters in the end.
This statement represents how little you know about the bailout. What was so "GREAT" for GM shareholders? How is this going to look to the Chrysler workers who lose their jobs to Italy? That will happen.
Reorganization goes on all the time, but not necessarily after a bailout. It is commonly done to prevent bankruptcy, usually directly related to a union labor force.
You have no idea of the meaning of "business." Remind us again of how much GM stock you bought after the bailout.
Quack, quack.
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Why are we trying so hard to develop artificial intelligence when we should be trying to cure natural stupidity.
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#3009725 - 10/31/12 07:15 PM
Re: The Chrysler Bailout worked...
[Re: Tony(D)]
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BMan
14 Point
Registered: 02/06/06
Posts: 8908
Loc: Middle TN
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The loan worked well?
They were sold to a foreign company; they are no longer an "American" car company. And their profits belong to their Italian masters.
They screwed the stockholders.
Explain how that worked "well".
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Rules are for people who lose fights.
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#3009729 - 10/31/12 07:16 PM
Re: The Chrysler Bailout worked...
[Re: BMan]
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FLTENNHUNTER1
16 Point
Registered: 11/21/07
Posts: 14532
Loc: Tampa FL
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Hey, a little Fascism never hurt, heh?
_________________________
The Second Amendment - George Washington didn't use free speech to defeat the British, he shot them.
"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine
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#3010292 - 11/01/12 07:40 AM
Re: The Chrysler Bailout worked...
[Re: Crappie Luck]
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ratsnakeboogy
10 Point
Registered: 08/28/08
Posts: 2886
Loc: Andersonville, TN
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Bwaaaaaaaaaaaaaaaaaaaaaaahhhhhhhhaaaaaaahhhhaaaaaaaaaaa!!!!!!
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#3010727 - 11/01/12 11:42 AM
Re: The Chrysler Bailout worked...
[Re: Crappie Luck]
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Bambi Buster
12 Point
Registered: 01/29/04
Posts: 6052
Loc: Middle Tennessee
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Any illusions that that Duck/Warrior/Tony(D)'s charade might have been effective have been forever dispelled.
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"The American military is like a finely crafted sword. To be effective, it must be wielded by a discerning, skilled and merciless hand."
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