To: smallbiz
If we bail them out, they will produce more cars and lose more money.
Agreed. And they'll be five years behind what the Public wants/needs. And it'll be shoddily made.The worst I see is the government muscling in with their demands as the Lender, and we'll get real cruddy small Eco-cars (which won't sell). One sidebar-Isn't Chrysler owned by Daimler-Benz, why are we bailing out a foreign company?
210 posted on
12/16/2008 3:30:11 PM PST by
Aut Pax Aut Bellum
(Well, at least we'll probably get another holiday out of the deal.)
To: Aut Pax Aut Bellum
One sidebar-Isn't Chrysler owned by Daimler-Benz, why are we bailing out a foreign company? " It's all about jobs. If Americans are not working, they are not buying. The interest rate to banks is irrelevant. Washington is on the wrong track. There is no recovery without a job recovery.
212 posted on
12/16/2008 3:58:37 PM PST by
ex-snook
("But above all things, truth beareth away the victory.")
To: Aut Pax Aut Bellum
“One sidebar-Isn’t Chrysler owned by Daimler-Benz, why are we bailing out a foreign company?”
I’m not exactly sure how it happened, but my understanding is Daimler-Benz bought Chrysler raped the company of most of its value then spun it off to a private investor.
214 posted on
12/16/2008 4:26:52 PM PST by
smallbiz
(Palin 2012)
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