Chrysler doesn't have to pay back their bail out money...
By ParaTed2k
@ParaTed2k (22940)
Sheboygan, Wisconsin
October 21, 2009 11:56am CST
The US taxpayers are shafted by Obama once again. Obama assured us all that the bailouts were simply loans and the companies would have to repay them. However, it was announced that Chrysler would not be required to repay the over $7 billion they owe us.
No, I'm not surprised that Obama has, once again, exposed himself as a slimy liar who is on the take. This is also more evidence that Obama is a communist bit of scum. It wasn't an "investment" in the auto industry, it was a takeover of it.
Another perfectly good Obama promise, down the drain.
If you still believe in this loser, you despise freedom as much as he does.
1 person likes this
5 responses
@ParaTed2k (22940)
• Sheboygan, Wisconsin
21 Oct 09
here's one of a million and a half hits on Yahoo : http://www.cbsnews.com/blogs/2009/05/06/business/econwatch/entry4996099.shtml
@lilwonders456 (8214)
• United States
21 Oct 09
And the hits just keep on coming. I was never in favor of these bailouts. Infact most people were not. Obama and his admin told us "not look at it as a bail out...it is a loan...they will have to pay it back". Well now they don't even have to pay it back. Obama just gave away 7 billion of our tax dollars as a charity act to chrylser. I am hearing that the watch dog groups are saying we are NOT going to get most of the bail out money back from any of the companies we bailed out. Most of them are not going to have to pay it back....but you can bet us tax payers are going to have to pay higher taxes to pay off all the bailout spending.
Which is completely wrong. We are now stuck with the bill and so will our kids and their kids. As usual the tax payer is completely and royally screwed in the deal....just like we always are.
Why do we tolerate this kind of BS from our government?
@laglen (19759)
• United States
23 Oct 09
So as stockholders in this company, we must vote next year to fix this problem! This is the only way to stop this no limit spending. Truly, I would never invest in a company I receive no dividends for......
@max1950 (2306)
• United States
21 Oct 09
yeah yeah so what else is new he didnt have any experience when the people elected him did they actually think he was gonna do something he said , obviously, but surprise surprise, these people that put him in office need to man up, admit they made a mistake and impeach the useless waste of flesh.
@wlee9696 (595)
• United States
21 Oct 09
ParaTed this is how it all begins. The socialist and communist agendas are there. In the policies, the cabinet picks, the czars. He puts it all under the term of "change". But the only thing changing is the exchange of a free capitalist country to a government run state. It is the beginning of forcing the people to be dependent on the government for everything. Just like Hitler - who started off as a
community organizer. If America doesn't wake up and stop this "Change" we are going to find ourselves slaves to the government in short order and instead of a President we are going to have an emperor or king.
@Zenstrive (237)
• Indonesia
22 Oct 09
Wake up call: when the parents let those children alone playing, they burnt themselves and throw themselves in toxic pool. Now another set of parents want to take control and educate the children, the previous parents don't like because it is not a "manly way" to educate children. They say let the children grow up on themselves naturally!
Bah! Capitalists schamitalists!
