Posted on 06/07/2009 1:46:04 AM PDT by STARWISE
Shock - Dem Dealers Support Chrysler Closing Plans
(Great technological expertise of FReeper, Puzzledintx, in analysis and mapping the closures)
~ ~ ~
U.S. Pushed Fiat Deal on Chrysler
Internal Emails Reveal Resentment; Court Upholds Pact
Excerpt:
The Obama administration rushed an alliance between Chrysler LLC and Fiat SpA despite Chrysler's worries about Fiat's financial health and its willingness to share technology, according to internal company emails.
The emails show Fiat ignoring requests for documents and trying to change contract terms late in the talks. A Chrysler adviser at one point said the deal risked looking as if the U.S. auto maker and the Treasury Department, which helped broker the pact, were "in bed with a shady partner."
In another note, an official referred to the Treasury Department as "God."
~~Ping!
and to
Supreme Court Asked to Block Chrysler Deal
http://www.freerepublic.com/focus/f-news/2266512/posts
Related:
U.S.(OBAMA) Pushed Fiat Deal on Chrysler
http://online.wsj.com/article/SB124424451815990495.html
~~Kudos .. great job.
Car Czar Steve Rattner Is Really, Really, Really Wealthy
$$$
With Steve Rattner going from the private sector to serving as the Car Czar, he’s required to fill out a disclosure form, listing all of his assets.
All told, here’s worth somewhere between $188-$608 million.
Zero Hedge has plucked out some of his more interesting holdings
- Between $500,000 and $1 million in Goldman stock.
- Less than $1,001 apiece in Bear Stearns Cos., Citigroup Inc., and Lehman Brothers Holdings Inc.
- Sold between $1,000,000 and $5,000,000 of LCDX10 CDS protection (long loans) on 3 occasions between October and December, 2008, and IG11 on three occasions (long investment grade credit).
- Less than $1,001 in Ford.
- Between $500,000 and $1 million in Cerberus Institutional Partners LP Series 2. (yes, the same Cerberus that owned Chrysler).
- An airplane, valued between $5 million and $25 million, used in an air charter business.
- A horse farm in North Salem, New York, valued at between $5 million and $25 million.
- 150,000 in General Motors Corp.s senior secured loans using a credit-default swaps index that guarantees the secured debt of 100 companies, including GM, the filing shows.
- $105 million in various Quadrangle investments.
Public Financial Disclosure Form
http://www.scribd.com/doc/15868339/Rattner-Scribd
~~~~
http://www.businessinsider.com/car-czar-steve-rattner-is-really-really-really-wealthy-2009-5
Message is clear, facts are in , video was telling .......donate to anyone but the Socialist Democrats and we will get you .........!
Damn......... I guess I buy non UAW vehicles now if I buy at all......I’ll restore my older rides with non union after market or salvage yard parts.
This Kenyan Precedent, his handlers and his idiot voters have destroyed this country and they are still giggling it up . Hope lots of those obama voters get hungry and cold this winter..........
I would guess that 90+ per cent of all car dealers that give to politicians are Republicans so it would follow that most that were shut down were Republicans. I would bet that most that stayed open were Republican owned, too. Republicans OWN businesses. I would really, really doubt that the Obama administration had someone go through a list. The Chrysler dealer closed in my area was a little dinky one in a small town. All the big ones stayed open. This sounds like tinfoil hat stuff to me.
I’d like to think your right yet Rats own dealerships as well......2 dealers we have in big city way west of us has a massive dealership and a smaller dealership. The rat owns the smaller of the two. Rats is staying open and the other one is closing. I do not know the larger dealers politics so can’t say if they are GOP donors or not.
Stay safe and lets pray this is only tinfoil crap ! Thus far the numbers and information says different.
Nite !
It says at the link, “Chrysler dealership owners donated to Republicans over Democrats by a ratio of 76% to 24%.”
http://gatewaypundit.blogspot.com/2009/05/shock-dem-dealers-support-chrysler.html
That may very well be, but remember that old adage: "Where there's smoke............"
Moreover, don't you find it just a little disconcerting, that the Car Czar and the entire gang of clueless moonbats who are overseeing this debacle REFUSE to be accountable and answer a simple question: What is the criteria they are using to designate which Dealership is being forced to close?
Common sense would dictate that this is not an unreasonable request and one which should no problem to answer should they have a formula which will pass the smell test?
While not wearing my trusty tin foil hat this morning, I seriously doubt they are using the "Dart on a Board" method and as it has been reported that MANY of the Dealerships on the chopping block are "SUCCESSFUL" and "PROFITABLE."
Can you explain that as closing money-making, Dealerships makes 0 sense, does it not???
LAST BUT NOT LEAST, is what to hell is our Gubmint doing sticking its nose into INSTRUCTING Chrysler as to which Dealerships MUST be closed in the first place; that should be left up to Chrysler, or better yet, hashed out in Bankruptcy court
A picture’s worth a thousand words...so true.
Arrogance for sure.
Not a good guess on your part...this is Chicago thuggery politics at a national level, kind of like what Hitler, Mussolini, Stalin and other wonderful guys did. I suppose there were lots of folks who thought those who initially opposed them wore “tinfoil hats” also.
Thanks, bookmarked for future reference.
Didn’t Jesse Jackson shake down one of the big 3 and get a dealership for his son? Bet Jackson’s dealership will keep its franchise.
Al Smith was right. The Democrat party was hijacked way back in the 30s.
Seems to me that, for us to get a real picture of this, we need to know the political demographics of the larger total dealership pool. I would tend to think that most would be conservative leaning, but I could be wrong.
If, in fact, the larger pool DOES tend to conservative, then one would rightly expect that a broad draw down would impact a larger number of conservative leaning owners.
However, all this is speculation that could be put to rest (or further inflamed) by the release of the standards and process by which the ‘lists’ were generated. What business criteria were applied?
So much for transparency from the anointed one...
Those eyes look beady to me.
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