Private business is counter-revolutionary.
Posted on 05/19/2009 10:29:47 AM PDT by American Dream 246
My name is George C. Joseph. I am the sole owner of Sunshine Dodge-Isuzu, a family owned and operated business in Melbourne, Florida. My family bought and paid for this automobile franchise 35 years ago in 1974. I am the second generation to manage this business.
We currently employ 50+ people and before the economic slowdown we employed over 70 local people. We are active in the community and the local chamber of commerce. We deal with several dozen local vendors on a day to day basis and many more during a month. All depend on our business for part of their livelihood. We are financially strong with great respect in the market place and community. We have strong local presence and stability.
I work every day the store is open, nine to ten hours a day. I know most of our customers and all our employees. Sunshine Dodge is my life.
On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them. My new vehicle inventory consists of 125 vehicles with a financed balance of 3 million dollars. This inventory becomes impossible to sell with no factory incentives beyond June 9, 2009. Without the Dodge franchise we can no longer sell a new Dodge as "new," nor will we be able to do any warranty service work. Additionally, my Dodge parts inventory, (approximately $300,000.) is virtually worthless without the ability to perform warranty service. There is no offer from Chrysler to buy back the vehicles or parts inventory.
Our facility was recently totally renovated at Chrysler's insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank.
HOW IN THE UNITED STATES OF AMERICA CAN THIS HAPPEN?
THIS IS A PRIVATE BUSINESS NOT A GOVERNMENT ENTITY
This is beyond imagination! My business is being stolen from me through NO FAULT OF OUR OWN. We did NOTHING wrong.
This atrocity will most likely force my family into bankruptcy. This will also cause our 50+ employees to be unemployed. How will they provide for their families? This is a total economic disaster.
HOW CAN THIS HAPPEN IN A FREE MARKET ECONOMY IN THE UNITED STATES OF AMERICA?
I beseech your help, and look forward to your reply. Thank you.
Sincerely,
George C. Joseph President & Owner Sunshine Dodge-Isuzu
L
It’s called change.
Some folks are going to start going Bowman pretty soon I think.
I wonder how many of his 50+ soon-to-be ex-employees voted for Obama?
To: George C. Joseph
President & Owner
Sunshine Dodge-Isuzu
From: Chrysler Corporation DBA Obama Motors
Tough sh*t.
Deal with it.
Love and kisses
Obama and Company
Obama will soon be everyones nightmare as this example indicates.....
Private business is counter-revolutionary.
This is heartbreaking.
thanks obummer, may we have another?
Yes We Can. Details unimportant, justification unecessary.
I wonder how many of his 50+ soon-to-be ex-employees voted for Obama?
________________________________________
Probably 60% or so.
Private business is the states enemy!....
His business is being stolen from him by the government for no cause. This is outrageous!
This is absolutely sad.
OBAMA IS A DISASTER!
And yet he’s a deadbeat by the standards of many on FR for not paying those bills.
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