Posted by
Grandpa Joe on Friday, May 01, 2009 4:43:54 PM
I can not think of a single product that is unique to Chrysler or General Motors that is not already available from a mulitude of sources in the U.S. Giving 20% of the company to a foreign company like Fiat for a price bordering on zero is obscene and should not be allowed to happen
Now that we have thrown away billions of dollars over the past months in "saving" the two, President Obama is now going to insert himself into the Bankruptcy procedure and all of this to protect a very nominal number of union jobs. The people employed by these two will have a good chance to find jobs in the natural recovering of the economy. So my suggestion to the Pres is to get out of the way and let the capitalist sytem function as it should with out goevrnment interference.