Obama promised to keep American jobs & Corps IN America. Why did he push to...

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angel_dust_52999

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I have no clue what our new President is up too but letting people go from their jobs is very wrong, not only did he let Chrysler go he also let General Motor's go too, and both these car dealer's was the very best, my very own family worked at General Motors (GM), and that made me really mad. How many more people are going to be out of a job I do not know but the President does need to keep the American jobs and Corps open if he can't do that then he needs to get out of office.
 
...sell Chrysler to FIAT in Italy? Obama & his Administration PUSHED the Supreme Court of The United States of America to allow the Sale to go through ... disregarding Shareholders and Retirees wishes.
 
Obama is now perceived as a weak leader in Europe thanks to his spending more time telling Europe how bad the U.S. has been through history. I sure didn't agree with Bush's treatment of our European Allies the past 8 years, but Obama sure didn't need to go over there with his tail between his legs and kissing everyone's rear ends. While we might not have been perfect, we did save Europe's butt twice within the last century...otherwise, everyone over there would be speaking German right now.

Knowing this, and being a good business man, the President of Fiat gave Chrysler (and the bankruptcy court) until the 15th June to close the "deal". Thus, Obama as you so correctly state "PUSHED" it through the Supreme Court to reach that time. Don't you find it interesting that Obama didn't think about picking up a phone and just calling the President of Fiat and ask him for a little more time so we could get everything done right?

It's not that he was disregarding any one's wishes, he disregarded law. By law, the secured debtors should have been given a much larger percentage of GM ownership over the UAW...and the UAW also received a very large cash payment that no one else got. But, since 2000, the UAW has given Democratic candidates almost $24,000,000 in campaign contributions, while Republican candidates were given around $195,000 during the same time.

More of what happened to GM & Chrysler dealers had to do with politics, than with saving a auto maker.
 
he salvaged jobs , chrysler to fiat but the plant remains in US other wise plant would have been shut down and machinary sold as onpiece meal basis
 
Obama is now perceived as a weak leader in Europe thanks to his spending more time telling Europe how bad the U.S. has been through history. I sure didn't agree with Bush's treatment of our European Allies the past 8 years, but Obama sure didn't need to go over there with his tail between his legs and kissing everyone's rear ends. While we might not have been perfect, we did save Europe's butt twice within the last century...otherwise, everyone over there would be speaking German right now.

Knowing this, and being a good business man, the President of Fiat gave Chrysler (and the bankruptcy court) until the 15th June to close the "deal". Thus, Obama as you so correctly state "PUSHED" it through the Supreme Court to reach that time. Don't you find it interesting that Obama didn't think about picking up a phone and just calling the President of Fiat and ask him for a little more time so we could get everything done right?

It's not that he was disregarding any one's wishes, he disregarded law. By law, the secured debtors should have been given a much larger percentage of GM ownership over the UAW...and the UAW also received a very large cash payment that no one else got. But, since 2000, the UAW has given Democratic candidates almost $24,000,000 in campaign contributions, while Republican candidates were given around $195,000 during the same time.

More of what happened to GM & Chrysler dealers had to do with politics, than with saving a auto maker.
 
He had two choices. Sell the company to the ONLY willing buyer, or watch it go in to liquidation. That was the ONLY other option on the table. Nobody else wanted that mess... At least Fiat is going to continue making Chryslers IN THE U.S.
 
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