How do you feel about the Federal Government owning Chrysler?

  • Thread starter Thread starter MochaJoe
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MochaJoe

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The Federal Government along with the United Auto Workers Union will own Chrysler, essentially federalizing the company.

What are your opinions on this development?
The Federal Government will control a majority of the Common Stock for Chrysler.
Don't worry ... the Federal Government is good at running things ... just look at the Post Office ... no wait, I guess that is not a good example!

Or is it?
 
what comes to mind is that it is only the beginning. and people said it couldn't happen here. hah!
 
We should hold Congress personally responsible for the survival of the company, considering it is our money, they are simply there to run the company for us. I think it sucks, but we can't let this become a government entity, we need to see quarterly financials at a minimum and where the profits (if any) are going. If it cant be solvent, then we start to fire those in Congress given the honor of running this company in the name of the US taxpayer.
 
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