Taxpayers Lose $1.3 BILLION On Chrysler Bail Out

"Fiat" how fitting ;)

I just saw that on the news, it's f***ing sick. They would rather loose money than get it back? WTH???

remember how we were all told that this wasn't a bailout? It was an investment and the U.S. taxpayers were actually going to profit from all of these purchases?

1.3 billion?
CHUMP CHANGE

They don't give a crap they act like it's easy come easy go it's sickening.

Look at other losses too GM lost us Billions and check this out

Bailout Recipients

Total Committed:
$627,529,754,615

Total Disbursed:
$573,166,309,727

Total Returned:
$272,878,657,269

[link to projects.propublica.org]

You know another way we lose the banks off load their toxic crap unto fannie and freddie

Is Fannie bailing out the banks?

[link to finance.fortune.cnn.com]

Of the $80 billion invested in General Motors Co., Chrysler Group LLC, Ally Financial Inc. and Chrysler Financial, $40 billion has been recovered.

From The Detroit News: [link to detnews.com]

Yup they knew who to pick

Barack’s Wall Street Problem is Now America’s

[link to www.noquarterusa.net]

we spent trillions on Iraq....

for what?

at least chrysler is jobs for americans...

Obama can always afford bullets and bombs

The Obama administration has dramatically increased the drone attacks around the world. In Yemen, we’ve done cruise missile strikes, drone strikes, now we’re hitting regularly in Somalia. On July 6, there were 3 U.S. strikes; June 23rd, another U.S. strike inside of Somalia. A lot of liberals used to say “the world is a battlefield” was the bush doctrine. President Obama hit harder in more countries with special ops forces from the Joint Special Operations Command and the CIA than bush did.

[link to blog.mises.org]

Seriously, multiply that by 16,000 and you come up with the 16 TRILLION recently exposed to have been secretly given to banks and corporations, some of them foreign, by the Federal Reserve. SIXTEEN FUCKING TRILLION! And that was just in this one recent revelation. Apparently a more extensive audit's results are supposed to be released in October. That ought to be good.

Think about that. 16 Trillion and "their" national debt is less at 14+ Trillion. So they could have just paid off the debt instead and let those banks and corporations fuck themselves.

If anyone still doesn't realize that it's all over now, they're asleep. I get the feeling things are going to unravel very fast beginning in August. And by October, shit, who knows what this fucking place is going to look like.

They were bailed out twice. Remember Lee Iacocca?
Double fail.

Infaltion all over the nation ;)

[link to www.nwo-academy.com]

stop the new world order

Yup. 16T.

Montgomery Fucking Burns could couldn't shit a 1/10 of that.

Would it not have been better to give all the folks in the work force $1,000? Oh, I'm sorry, that would be socialism.

If you are working you already have access to money. Why give them more of what they already have?

Um, actually that was paid back...they made a big statement about it stating that " This is the way we borrow money, we pay it back"

Must have missed that. Who can keep up? Maybe we should remind them of what they said ....

I paraphrased it a bit, here is what he said as he handed them a check:


We at Chrysler borrow money the old-fashioned way. We pay it back.
Lee Iacocca

ONLY THE FIX IT AGAIN TONY COMPANY OR THE OBAMA ADMINISTRATION WOULD BUY CHRYSLER FORD THE COMPANY THAT REJECTED THE GOV BUCKS IS DOING WELL AND DOESNT HAVE TO LIVE WITH THE STINK OF THE OBAMA ADMINISTRATION.

. . . Chrysler isnot an American-owned Company. Many years ago they sold out to Germany, so what is going on . . .?

don't like it, don't buy Chrysler's....simple as..

I c what u did there!

I was wondering if anyone got it...

Yeah. But don't you wonder why Ford was doing so well while the others foundered? I know it's not because Fords are any better vehicles than the rest. It may be because people think they are. Of course, I'm biased. I'm a chevy guy. Never had much luck with Fords. I did love my '70 Mustang, 'tho. Until it burned up in the driveway. lol.

$1.3 Billion?! Quick! Let's cut entitlement programs to recoup that money!

Because we're the one's paying for ss, medicare etc. and it would boost the economy and kept the machine going. In other words had they given everyone, over 50, a million dollars and told them they had to use the money to buy a new American made car, have them pay off their house or purchase one for $150,000 minimum, and of course force them to retire which would open up the jobs for college grads or high school trades people etc. would solve the unemployment problem. Of course that would have been socialism. They opted for corporate welfare instead. This is all a dead argument now anyway, because as everyone now knows(The Fed audit of " where did this money go" released today, they gave out our money 16 trillion worth to foreign countries.)

humm. 4 bucks a head. seems like nothing.
My new company deserves 4 bucks from each and every canadian, and I shall blow it all on cheap thrills.

Dream on. They are NOT there to fix anything - and won't.

They are there to remain in power and skim the cream like always.