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#3007611 - 10/30/12 02:58 PM The Chrysler Bailout worked...
Tony(D)
4 Point


Registered: 07/08/12
Posts: 316
Loc: TN

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With their debt to "us" repaid it looks as if the loan worked well for Chrysler.

http://finance.yahoo.com/news/chrysler-profit-rises-80-percent-202007871.html

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#3007627 - 10/30/12 03:10 PM Re: The Chrysler Bailout worked... [Re: Tony(D)]
farmin68
16 Point


Registered: 11/08/03
Posts: 13108
Loc: In a tree clinging to my guns ...

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 Originally Posted By: Tony(D)

With their debt to "us" repaid it looks as if the loan worked well for Chrysler.

http://finance.yahoo.com/news/chrysler-profit-rises-80-percent-202007871.html


Are you saying the Kenyan actually did ONE thing right? \:o
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#3007636 - 10/30/12 03:14 PM Re: The Chrysler Bailout worked... [Re: farmin68]
TennesseeRains
TnDeer Old Timer
16 Point


Registered: 11/21/01
Posts: 13329
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

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#3007645 - 10/30/12 03:19 PM Re: The Chrysler Bailout worked... [Re: TennesseeRains]
utfan1
10 Point


Registered: 12/31/06
Posts: 3973
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)]
waynesworld
8 Point


Registered: 05/13/12
Posts: 1470
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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#3007783 - 10/30/12 04:30 PM Re: The Chrysler Bailout worked... [Re: waynesworld]
citico_tim
10 Point


Registered: 10/02/02
Posts: 4563
Loc: Knoxville, TN, USA

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Didn't work too well for these folks:

http://www.breitbart.com/Big-Government/...worker-Pensions
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"If a law is unjust, a man is not only right to disobey it, he is obligated to do so."

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#3008033 - 10/30/12 07:13 PM Re: The Chrysler Bailout worked... [Re: farmin68]
farmin68
16 Point


Registered: 11/08/03
Posts: 13108
Loc: In a tree clinging to my guns ...

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 Originally Posted By: farmin68
 Originally Posted By: Tony(D)

With their debt to "us" repaid it looks as if the loan worked well for Chrysler.

http://finance.yahoo.com/news/chrysler-profit-rises-80-percent-202007871.html


Are you saying the Kenyan actually did ONE thing right? \:o


I guess TD has me on his ignore list. \:D
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#3008095 - 10/30/12 07:47 PM Re: The Chrysler Bailout worked... [Re: farmin68]
dr
10 Point


Registered: 02/24/03
Posts: 4140
Loc: USA

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Funny, I don't remember Chrysler sending me a check for getting bailed out with my tax dollars.
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"Any man who thinks he can be happy and prosperous by letting the government take care of him --- better take a closer look at the American Indian." Henry Ford

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#3008811 - 10/31/12 08:49 AM Re: The Chrysler Bailout worked... [Re: dr]
Deer Whisperer
10 Point


Registered: 04/16/05
Posts: 4266
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]
waynesworld
8 Point


Registered: 05/13/12
Posts: 1470
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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