Free Republic

It is not every day that the White House and Democratic National Committee celebrate a supposedly private company’s debt restructuring plan, but such is the marriage of big government and big business under the Obama administration. The New York Times reports: “Chrysler said Tuesday that it had paid back $7.6 billion in loans from the American and Canadian governments, marking another significant step in the revival of the company, the smallest of the Detroit automakers.” But as The Truth About Cars reports, the loan pay back is just another Obama con job: Back in November of 2009, when GM announced...

DETROIT (AP) -- At 789 Chrysler lots across America sit 44,000 potential bargains, cars and trucks that are stuck between shellshocked dealers and a troubled company that no longer wants their services. The dealers have just a few weeks to sell the Chryslers, Dodges and Jeeps or risk losing thousands of dollars on them, giving people who want a car on the cheap a serious chance for a deal. "You've got some very good negotiating power," said Dave Champion, director of automobile testing for Consumer Reports magazine. "(Dealers are) really looking to shift this inventory. It's just stacking up all...