Is Chrysler Obama's Waterloo?

[libertarian anarchist]

It seems like the administration can't strong arm union friendly deals. Now the GM bond holders can see that Obama is not almighty, since the Chrysler bondholders took a stand. When these two companies fall into bankruptcy, it will last for about 2 years, right into the mid term elections. The economy will remain stagnant. There will be a mid term bloodbath for the Dems. The arrogant rookies are toast.

 

[Michael P in NJ]

Only if Obama is Wellington. Don't you people understand that you can't beat him?

 

[Bill G]

Obama is Chrysler's Waterloo

 

[JordanChandlerindependent]

The companies are toast too,better go buy a Toyota.Not his waterloo, I think he wants an excuse to use this "stimulus money".

 

[Duchess X]

No, not at all

 

[Kate F]

now that the unions are practically owning the american car companies, there is no reason to buy american. we might as well lower ourselves to the chinese and japanese car standards just to avoid supporting the union.

 

[ARBOB]

Definitely. And so many other "items" to add to his Waterloo?