Dave_In_Norfolk Posted March 1, 2012 Share Posted March 1, 2012 http://online.wsj.com/article/SB10001424052970203753704577255111983285798.html The U.S. auto industry, led by Chrysler Group LLC, steamed ahead last month at the fastest pace in four years, suggesting the U.S. economy is continuing to gain momentum. February sales of new cars and light trucks rose an annual 15.1 million pace, the fastest rate since the same month in 2008 and surpassing even the most optimistic expectations. Obama magic! Link to comment Share on other sites More sharing options...
meazza Posted March 1, 2012 Share Posted March 1, 2012 http://online.wsj.co...1983285798.html Obama magic! I know. My wife owns a few cadillacs. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 1, 2012 Share Posted March 1, 2012 http://online.wsj.co...1983285798.html Obama magic! Would this not have happened through reorganization? You do realize that bankruptcy does not mean out of business right?? Many companies come out of bankruptcy leaner and stronger. But no, Obama had to do it his way. Link to comment Share on other sites More sharing options...
DC Tom Posted March 1, 2012 Share Posted March 1, 2012 http://online.wsj.com/article/SB10001424052970203753704577255111983285798.html Obama magic! Yeah, the Chrysler investors are making out like bandits... ...oh, wait. No they're not. They got !@#$ed over by the White House. Link to comment Share on other sites More sharing options...
Dave_In_Norfolk Posted March 2, 2012 Author Share Posted March 2, 2012 Yeah, the Chrysler investors are making out like bandits... ...oh, wait. No they're not. They got !@#$ed over by the White House. Too bad for them. Send them a free bag of chit as a consolation Link to comment Share on other sites More sharing options...
IDBillzFan Posted March 2, 2012 Share Posted March 2, 2012 Would this not have happened through reorganization? You do realize that bankruptcy does not mean out of business right?? Yes, but bankruptcy would immediately negate the union contracts. And let's face it, having union contracts negated is no way to win Michigan. Link to comment Share on other sites More sharing options...
Doc Posted March 2, 2012 Share Posted March 2, 2012 Yes, but bankruptcy would immediately negate the union contracts. And let's face it, having union contracts negated is no way to win Michigan. Sums it up. Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted March 2, 2012 Share Posted March 2, 2012 Yeah, the Chrysler investors are making out like bandits... ...oh, wait. No they're not. They got !@#$ed over by the White House. They ran their company into the ground. Why shouldn't they get !@#$ed over? Link to comment Share on other sites More sharing options...
B-Man Posted March 2, 2012 Share Posted March 2, 2012 They ran their company into the ground. Why shouldn't they get !@#$ed over? The investors ran the company into the ground ? ? . Link to comment Share on other sites More sharing options...
ieatcrayonz Posted March 2, 2012 Share Posted March 2, 2012 They ran their company into the ground. Why shouldn't they get !@#$ed over? This reminds me of when you said you were happy that my Uncle Eugene had died. Why do you have to be such a jerk? Link to comment Share on other sites More sharing options...
Alaska Darin Posted March 2, 2012 Share Posted March 2, 2012 They ran their company into the ground. Why shouldn't they get !@#$ed over? Link to comment Share on other sites More sharing options...
3rdnlng Posted March 2, 2012 Share Posted March 2, 2012 They ran their company into the ground. Why shouldn't they get !@#$ed over? Bondholders got less than unions. Bondholders don't make decisions for the company. Union workers work and fight for such things as wages and benefits. It could be argued that union wages, benefits and work rules helped to cause their problems. So when you have that down pat you'll get your next lesson. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 2, 2012 Share Posted March 2, 2012 They ran their company into the ground. Why shouldn't they get !@#$ed over? Please explain. Link to comment Share on other sites More sharing options...
DC Tom Posted March 2, 2012 Share Posted March 2, 2012 Bondholders got less than unions. Bondholders don't make decisions for the company. Union workers work and fight for such things as wages and benefits. It could be argued that union wages, benefits and work rules helped to cause their problems. So when you have that down pat you'll get your next lesson. But if the bondholders sleep in late, they don't make decisions by 9am that make a profit by close of business... Er...or something. Link to comment Share on other sites More sharing options...
3rdnlng Posted March 2, 2012 Share Posted March 2, 2012 Please explain. He's filling in for DIN? Link to comment Share on other sites More sharing options...
DC Tom Posted March 2, 2012 Share Posted March 2, 2012 Too bad for them. Send them a free bag of chit as a consolation I actually respect that coming from you. From anyone else, it's ass-puckeringly stupid. For you, it's a step up. Link to comment Share on other sites More sharing options...
Magox Posted March 2, 2012 Share Posted March 2, 2012 (edited) They ran their company into the ground. Why shouldn't they get !@#$ed over? Ummm, could you be any more ignorant? It wasn't the bondholders that drove the "company into the ground" diphit! It was management I'm going to give you a little advice, if you don't know what you are talking about, then just shut the !@#$ up! Edited March 2, 2012 by Magox Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted March 2, 2012 Share Posted March 2, 2012 Ummm, could you be any more ignorant? It wasn't the bondholders that drove the "company into the ground" diphit! It was management I'm going to give you a little advice, if you don't know what you are talking about, then just shut the !@#$ up! Like it matters? Who really cares what anybody thinks. You either fall on one side or the other... I don't care who gets screwed as long as its not the hourly worker for once. Big boo hoo. Suck it up. It doesn't really matter what you think... Or what I think. IMO, the righteous prevailed obvioulsy to your dislike. So what, he (Obama) pandered to his base. Link to comment Share on other sites More sharing options...
Booster4324 Posted March 2, 2012 Share Posted March 2, 2012 I know. My wife owns a few cadillacs. Your wife is old enough to get a driver's license? *ducks Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted March 2, 2012 Share Posted March 2, 2012 Your wife is old enough to get a driver's license? *ducks OUCH! Old meazza jokes are hard to die! Link to comment Share on other sites More sharing options...
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