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To: Spktyr
I'm starting to soften my attitude towards Chrysler myself. GM had a choice (normal Chapter 11) and chose to go with Obama’s bailouts of the UAW and screw the bond holders, but Chrysler was at the mercy of those in charge, and we know who that was.
81 posted on 10/01/2011 6:03:27 AM PDT by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
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To: TwelveOfTwenty

Daimler, who lied all along and sank the company, and just at the end Cerberus - who foolishly believed that the Germans wouldn’t lie when sale time came.

At no time since 1998 was Chrysler in charge of its own destiny and the product failures and decisions forced on it were not its own. As I said, the bailout of Chrysler leaves a bad taste in my mouth and I won’t be buying one but I also won’t be militantly advocating against them as their failure was not their fault and the US Government was partially complicit in their failure through the FTC.

GM, on the other hand... no, they were completely responsible for their own failure and just wanted to avoid the consequences of their decisions. This should never be rewarded, ever - but it was.


86 posted on 10/01/2011 10:41:24 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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