dirtyrottenscoundrels
Ladybug4Freedom
augustine25
cariray
raouldukehst
Joy Wharton Life Coaching
davidastein
conteach
jimcallmegop
womengunowners
realblackwidowIt appears that the last article we wrote on this was more along the lines of the rule instead of the exception.
From AutoBlog.com:
A story in the New York Times shines a light on some reasons for the Committee of Chrysler Affected Dealers to challenge the car company’s bankruptcy efforts. The element common to all of the dealers profiled is that they did extraordinary things Chrysler asked them to do, such as buy too many cars and combine franchises at their own expense, only to find out they had been chosen for termination after bankruptcy.
Chrysler isn’t buying back the inventory that sits on dealer lots — inventory that, in some cases, Chrysler specifically asked dealers to take too much of in order to help make the company look better for sale. Banks have also dropped many dealers because they no longer have new-car franchises, making it even harder to sell the cars they have.
Until a few days ago, the dealers were told they had only until June 9 to liquidate everything. However, an exchange between Senator Kay Bailey Hutchison (R-TX) and Chrysler President Jim Press has lead to an assurance from Press that dealers will “receive a fair and equitable value for virtually all of their outstanding vehicle and parts inventory,” and that former franchisees would “receive a daily report which specifically outlines each unit of inventory and its place in the transition process.” The suggestion was also that this would be the case after June 9.
Meanwhile, dealers who spent millions of dollars to show their commitment to Chrysler, only to be unceremoniously cut, will continue to fight their cases in court and on the showroom floor.
We need to do something about this – flood your congresspersons phone and fax lines about this – this is the GOVERNMENTS fault at this juncture. The UAW didn’t take a pay cut to prevent this, but the government forced this.
THIS is FASCISM. Not what conservatives have been doing – THIS is.
Get it right in the next election – if we have them.
Check out this page on the unions, EFCA and politics:
Filed under: Constitution, Crackdown on civil rights, Current, Economics, Honesty in politics?, Obamanews, Political parties, stupid liberal programs, stupid socialist programs, stupidity, transparency Tagged: | capitalism, congress, conservative, Constitution, fascism, fascist, Federalist Papers, Founding Fathers, freedom, history, left wing, nationalism, Obama, political, political debate, political discussion, politics, progressive, republic, right wing, Rush Limbaugh, Sean Hannity, socialism, truth, United States
[...] If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!Our friends at the Dirty Rotten Scoundrels blog have been reporting on the human-side of of the auto industry bankruptcy here and here. [...]
[...] More News on Destruction of Family Businesses [...]
[...] also see this post at the Dirt Rotten Scoundrels blog, originally from AutoBlog.com: A story in the New York Times shines a light on some reasons [...]