Obama Failed to Save Chrysler...
By ParaTed2k
@ParaTed2k (22940)
Sheboygan, Wisconsin
April 30, 2009 12:31pm CST
Prs. Obama has failed! He said that if Chrysler leaders came up with a plan, he and Congress would help bail them out. Those of us with a brain said it would be better if Chrysler were just allowed to go into some sort of bankruptcy and get on with things in the private sector.
Well, they came up with a plan, The Central Committee came up with a bail out.. but low and behold, the company is going into bankruptcy anyway.
But wait, did The Central Committee actually fail? If the goal was to save Chrysler, yes.. however, if the goal was to further The Central Committee's Marxist agenda, they were absolutely successful.
To all you who continue to deny that Obama, Pelosi and Reid are nothing but Communists, you and reality have never met, have you.
Has Obama ever had a role model that didn't absolutely hate the US? If he is your role model, don't EVER tell me you respect freedom... because you don't.
5 responses
@Feedorento (11)
• Brazil
30 Apr 09
Obama not failed. Neoliberalism failed. The economic system of financial speculation failed. He is the president and not God. The companies are paying for a crisis they created. As the crises of 29, the speculation is leading not only the companies but the country to bankrupt, because in trying to save the companies the public money is spent to millions, and still don't work. Anyway, for those interested in stocks and real estate market, from may onwards will be time to buy
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
30 Apr 09
Who else but an avowed Marxist would "fix" a crisis by taking control of private enterprise.
You are right, there is plenty of blame to go around for the economic mess we're in... but Obama's plan wasn't about fixing the problem, it was about seizing control. In that, he was very successful.
@Feedorento (11)
• Brazil
30 Apr 09
Something i agree with you, He is not being effective in coordinating the crises, not even has spoked about effective measures to prevent "health" companies be "pumped" to the crisis.
@Modestah (11179)
• United States
30 Apr 09
such a quick chain of events, indeed it does seem orchestrated.
my friend had an idea about chrysler that I thought was fabulous.
For the same # of billions instead of the bailout direct to gm
$100,000 could have been given to each U.S. family with the stipulation that they MUST purchase a brandnew chrysler/gm vehicle with in a given time frame.
Families would then have money to boost the economy at the same time providing GM with needed business which inturn boosts the economy with demands to the steel workers etc.... and also prevents the luxurious pocket lining so apt to happen with the direct bail out plans.
1 person likes this
@Modestah (11179)
• United States
1 May 09
I think the idea was that it would cost no more than the amount that was used going directly to gm - rather than placing it there, place it in the pocket of the american family... america is out the same amount of money - but this way it is going to be used in a way that will actually boost the economy rather than just a few already rich person's pockets.
@pkmaster109 (177)
• United States
30 Apr 09
This is a really good thought. One problem though. If they were giving someone almost 5 times as much money as a chrysler car costs to buy it, what is stopping them from buying all of them. This would be an investment with a guaranteed return in many cases and remember, if the money goes into one pocket it HAS to come from another. Even indirectly, American taxpayers would lose so much money doing this and you know one person would say, "give me every car you have." That person would then make 5 times the amount of money he spent and it would be guaranteed by the government. If people could be more trustworthy not to take advantage of good situations, this would be a great plan. Unfortunately one person would be sure to ruin this for everyone.
@Adoniah (7513)
• United States
30 Apr 09
Did you really expect Chrysler to ever make it. They just wanted to line their pockets with some extra money before they went under. They got the money and now they get to go bankrupt and do not have to pay a cent back. That is getting your cake and eating it too. How nice for them.
I sure am glad I didn't vote for him. Maybe it isn't so bad having cancer after all. I won't have to watch my country go down the tubes.
Shalom~Adoniah
@ParaTed2k (22940)
• Sheboygan, Wisconsin
30 Apr 09
I think the leaders of Chrysler, the auto industry and the nation would have been a lot better off if the Central Committee had of just kept their lying, corrupt and Marxist hands off of it.
Marxism has brought nothing but corruption and murder. I wonder how many lives the Obama administration will add to the list of deaths.
@Adoniah (7513)
• United States
2 May 09
If they had left everyone alone, maybe they would have figured how to fix some of their problems all by their lonesome. They might even be back on their feet by now. Maybe a little wobbly but functioning.
What is the incentive to do anything, if you know someone is going to keep throwing billions of dollars at you? The instinct is to just sit back and wait for it.
@samafayla33 (1856)
• United States
1 May 09
The big 5 are aweful, but they have promise if they just keep up with people who are starving and living in tents instead of spending tons of money in their own pockets instead of to union workers and people who make their vechicles for them, why should the government put up with conglomerates that abuse the system so fiercely that it puts everyone in the poorhouse. If chrysler teams up with fiat (crazy but might work) it might save taxpayers more money in the long run rather than trying to save something that was already "daimler chrysler" to begin with. I don't understand marxist when it comes to individuals that takes other people's 401k's and spends them on huge offices that are unneccessary spending and show no disregard for hard working americans. "Executives and CEO's don't care about anyone but themeselves and what they can get out of people!
