Letter from a Dodge dealer

American Thinker ^ | 5/19/09 | American Thinker

[agere_contra]

Thousands of businessmen make a profit every year in the used car business

Too bad he will be forced to sell his inventory of new cars at used prices. He's going bankrupt.

[Las Vegas Ron]

Obama will soon be everyones nightmare as this example indicates.....

Yep...and so far there is nothing but smart ass replies here

[BossLady]

Shades of things to come..............

[DuncanWaring]

I doubt the Bankruptcy Code allows the party in bankruptcy to give an asset of one creditor to a third-party.

[VeniVidiVici]

Of course this will snowball too.

The only recourse for Sunshine Dodge is to layoff all their employees and declare bankruptcy themselves. This will then make Suntrust the owner of 125 new Dodge cars that they won’t be able to sell. So how many bankruptcies will Suntrust have to absorb because of this?

[agere_contra]

Fascism: Unworkable, Even When Liberals Do It

Only liberals have ever done Fascism. It's a left wing totalitarian agenda barely discernable from Communism.

[RckyRaCoCo]

[mojitojoe]

Watch this thread to see the balance of calls for real action v. the jokes. That will give an idea of how this can happen.
_____________
You will NOT see me joking!

[wtc911]

He still owns a building and he has an inventory of cars that have a value. He has the employees, the knowledge, and the facilities to operate a care dealership. I suggest that the man start selling more cars.....

________________________________________

Somehow I get the feeling that the extent of your real-world experience with running a business involves dixie cups, kool-aid, a hand-painted sign and your parents' front lawn.

[Las Vegas Ron]

So if McDonalds decides that a franchisee isn’t selling enough burgers and refuses to renew their franchise agreement

These guys own their dealerships, they either make profits or they sink. This guy is making it as many others who are being forced to shut down to satiate Il Duce

[MayflowerMadam]

“Is it in the contracts that the companies can do this?”

Who would sign a contract knowing there’s a possibility that all of your inventory can be confiscated and given to someone else? I’m not saying it’s impossible, but it sure doesn’t make sense.

[MayflowerMadam]

Oh, yeah; that was a great episode.

[MayflowerMadam]

“Hey he sells Isuzus too so all is not lost....unless he’s lying. :)”

Unless he’s Joe Isuzu, in which case he most certainly is lying. (Those were funny ads.)

[IYAS9YAS]

Fascism: It Sucks Even When Liberals Do It

Show me a situation where conservatives have ever "done" Fascism.

[meyer]

This is a standard bankrupcy restructuring.

The dealer isn't bankrupt - Chrysler apparently is. Although, I don't recall that they actually filed for bankruptcy nor have they gone through bankruptcy court. The executive branch of the government is apparently dictating this.

The dealer has not had his day in court.

[US_MilitaryRules]

a hat. An a$$hat in the WH.

[Las Vegas Ron]

NOT ENOUGH MINORITIES/WHITE OWNED...

Oy...I had the same thought. I'd say shame on me but I've had it with this $hit

[IYAS9YAS]

Was that the brothers from NJ I think that owned 2 dealerships?

Couldn't say. I just heard the dealership was in the top 2% in sales - not even sure if that was new, or used cars, or both combined.

[MrB]

Hey, I know -

but libs are constantly referring to conservatives as fascists, even though conservatives never have been, nor never will be fascist.

I love to stick it back in their faces. THEY are the real fascists - authoritarian collectivists.

Incidentally, if you’re curious to know WHY libs think conservatives are fascists, or that Nazis were “conservative”,

it has to do with the conservatives’ natural respect for culture, tradition, and values. The left disdains this reverence and equates this with the nationalism of the Nazis.

[meyer]

And I'd start offering some free services for existing Chrysler and GM owners, to get them in the door.

I'd buy this guy's parts inventory and start servicing Dodges!