Posted on 04/23/2009 4:30:28 PM PDT by An Old Man
Since Chrysler is privately owned... there *IS NO* stock!
:-P
“You get it. The rest of the public seems to not give a cuss.”
I have studied, AND UNDERSTAND, history. I also know that what is happening right now ALWAYS ends up badly for those that embrace it.
And, just like Germany and Itay, most won’t “Get it”, until it’s THIER heads on the chopping block, but by then it will be too late.
The lunatics are now in charge of the asylum, but a few of the sheep are beginning to finally wake up. Invest in Ammo, Seed, and a mule.
GM stock hit a 75 year low this week, but I think it was only interday. ;’)
Yep, taxpayers bail out the UAW. What most people don’t understand is that if this does happen, then there is no way that Chrysler will ever emerge from bankruptcy to be profitable, not with the legacy pensions and health care costs acting like a millstone around their neck. This is the major reason why GM & Chrysler are in the problem they are in. Allowing it to continue will not solve anything.
This just demonstrates that Obama doesn’t know anything about business. All this is a political ploy to buy UAW votes for the Dems for the 2010 elections. All very sad. Bush should have done what he threatened and let both Chrysler and GM go bankrupt before he left office. The Dems are going to blame him anyway for it.
So we kill the golden goose to save the UAW egg.
Unbelievable.
And we let the lenders (capitalists, in a literal sense) die too.
Redistribution of wealth, class warfare, disaster.
I am still stunned that Obama was voted in as president. I’m just stunned. Half of them seem to be morons, the other half communists. We’re doom. Truly.
If you would like to be added or dropped from the Michigan ping list, please freepmail me.
The ruling class is using our taxes for hostile takeovers of American businesses. Next target will be Wal-Mart so they can unionize it.
Now we know why the Treasury doesn’t want TARP money back from the banks. It’s needed to finance a hostile takeover of the automobile industry.
Worse, When people vote for someone like 0bambi on emotional motivation, they want him to succeed, to justify their vote. I wonder how long it takes for them to admit they made a mistake.
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