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McCain says Chrysler unlikely to survive
The Detroit News | 2009-11-15

Posted on 11/15/2009 6:58:52 PM PST by rabscuttle385

Link only, per FR copyright rules


TOPICS: Business/Economy; Government; News/Current Events; US: Arizona; US: Michigan
KEYWORDS: automakers; bailout; bankruptcy; bushlegacy; chrysler; financialcrisis; flipflop; hypocrite; mcbama; mccain; mccaintruthfile; mcdemocrat; mcliar; mcqueeg; mcrino; mcsocialist; socialism; toolittletoolate
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To: Cheetahcat

I like both. Would drive the newer one with pride, had I the means.


41 posted on 11/15/2009 8:03:22 PM PST by mysterio
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To: rabscuttle385
This is what happens when the government gets involved, and don't forget McCain was a part of it. Remember, he agrees with the bail outs given to us by the Obamination.

So take some responsibility, old man!

42 posted on 11/15/2009 8:07:08 PM PST by Victoria Delsoul
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To: rabscuttle385
Sherman, set the WABAC Machine to April, 6 2008. History teaches us that long before TARP or the auto maker bailouts, McCain was calling for a bailout for Bear Stearns.

Sure, thing, Mr. Peabody!

Q: You said, “It’s not the duty of government to bail out and reward those who act irresponsibly, whether they’re big banks or small borrowers.” What about Bear-Stearns?

John McCain: On the issue of Bear Stearns, every financial expert I know says that if it had failed, it would have rippled throughout the entire financial community and would have caused greater problems which eventually would have come down on the average citizen if our economy continues to decline the way that it’s been doing.

Source: 2008 Fox News interview: “Choosing the President” series Apr 6, 2008

43 posted on 11/15/2009 8:26:54 PM PST by mountainbunny (Mitt Romney: Would you buy a used car from this huckster?)
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To: Reaganez
GM is no where near the situation Chrysler is in.

About one year ago, GM shut off voice mail on the desk phones at most of their plants to save money. Then you needed Plant Manager approval to purchase a single ream of copy paper. Then came the bailouts, bankruptcy and plant closing announcements.

GM may not be in as bad a situation as Chrysler, but I had the good sense to get out of there as a contractor manager a few months ago. Management and UAW have it on life support. I have never seen a more demoralized, toxic work environment in my life.

44 posted on 11/15/2009 8:29:25 PM PST by Ghengis
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To: mysterio

No contest. The ‘70.


45 posted on 11/15/2009 9:05:41 PM PST by TigersEye (0bama is our first Port of Entry President - I hope he goes home.)
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To: VOA

Yeah I have been saying that the UAW will try to kill Ford next. I like Ford and their vehicles but if the UAW kills them it is Honda, Toyo or BMW for me.


46 posted on 11/15/2009 9:14:37 PM PST by Frantzie (Judge David Carter - democrat & dishonorable Marine like John Murtha.)
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To: mamelukesabre

True, true.


47 posted on 11/15/2009 9:44:44 PM PST by Yogafist
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To: Yogafist
I am hoping Toyota comes out with a good diesel engine pickup.

Yes, with dual rear wheel drive.

48 posted on 11/15/2009 9:52:54 PM PST by ALPAPilot
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To: org.whodat

I remember one in particular who was totally freaking out at all of us who said no to TARP....


49 posted on 11/15/2009 9:54:42 PM PST by Arizona Carolyn
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To: Reaganez
GM market share is up from a year ago to almost 21%. It was just belwo 20%.

It was achieved with deep (unprofitable) discounting. Ford increased without the discounting and had a nice profit last quarter. Chrysler, however, looks real bad.

50 posted on 11/15/2009 9:58:53 PM PST by ALPAPilot
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