Warranty's if Chrysler goes Bankrupt.
#1
Warranty's if Chrysler goes Bankrupt.
I hate the thought of it on many levels, but if you follow the news, lots of talk about GM and Chrysler not meeting the Governments demands for more loans.
The upside I wanted to point out that I read from AP is:
"In an effort to bolster consumer confidence, Obama planned to announce government backing of warranties for GM and Chrysler vehicles. An administration official said there is no price tag yet associated with that promise".
I believe this announcement comes at 11:00 am EST.
The upside I wanted to point out that I read from AP is:
"In an effort to bolster consumer confidence, Obama planned to announce government backing of warranties for GM and Chrysler vehicles. An administration official said there is no price tag yet associated with that promise".
I believe this announcement comes at 11:00 am EST.
#3
#4
What blows my mind is the White House required GM CEO, Rick Wagoner to resign before it give GM more money. That blows my mind during this time to force the resignation of a 30 year vet. The car business is not an easy business to run. I did not see the White House require the resignation of any of the Wall Street crooks before giving them hundreds of billions of dollars more than they are LOANING GM.
#6
#7
I know, lets borrow even more money and waste it. That will fix the economy!
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#8
What blows my mind is the White House required GM CEO, Rick Wagoner to resign before it give GM more money. That blows my mind during this time to force the resignation of a 30 year vet. The car business is not an easy business to run. I did not see the White House require the resignation of any of the Wall Street crooks before giving them hundreds of billions of dollars more than they are LOANING GM.
#9
The point that I am making is how differently the financial sector is being treated than the autos. The White House is committing extortion with money that they don't even control. It is the Congress that writes the checks and Obama needs to understand that. Obama and his people are also forcing Chrysler to bring in @$#%#$ Fiat for 30% ownership for NO CASH.
#10
The point that I am making is how differently the financial sector is being treated than the autos. The White House is committing extortion with money that they don't even control. It is the Congress that writes the checks and Obama needs to understand that. Obama and his people are also forcing Chrysler to bring in @$#%#$ Fiat for 30% ownership for NO CASH.
One way or another I think Chrysler and GM will survive and our warranties will be ok. My point is the GM and board of directors as well as CEO's of financial companies have failed. New leadership is needed.