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mustangboss
    
What do you think about Chrysler filing for bankruptucy?
How do you think President Obama is doing with the auto insustry? What do you thingk about Ford, GM, and Chysler??
posted: April 30, 2009
 
    
 
  Answers (9)
 
pickeringpete
    
Think this was their only option really. I forget who said it but someone said "This country is 7 Trillion in debt and yet we still have a checkbook, why?". Same with Chrysler, who was still loaning them money when they were that far in the red and why?

Time to get back to reality, if you dont have the cash in hand to buy something, dont buy it...
posted:  April 30, 2009
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mustangboss
    
I agree completely!
posted:  April 30, 2009
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toulebag
    
Obviously the saying "Those who cannot learn from history are doomed to repeat it." doesn't register with the automobile industry. It seems like the government is always bailing them out.
posted:  April 30, 2009
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spudder
    
I also read that FIAT is becoming a major shareholder in the company, FIAT..... Didnt they disappear around the 70's? What have they been producing which has kept them in the green all this time?
posted:  April 30, 2009
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mustangboss
    
I had never even heard of Fiat until now. Do you think President Obama is handling everything well?
posted:  April 30, 2009
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ericb
    
Chrysler partner with FIAT? Does anyone at Chrysler not remember it cost GM something like $1.5 billion to terminate a rediculous relationship with FIAT. This was only 4 years ago...
posted:  April 30, 2009
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vintagecollector
    
Such is the ebb and flow of the auto industry. Don't you remember that Chrysler was saved from bankruptcy in 1979 by $1.5 billion in federally backed loans after chairman Lee Iacocca convinced congress that it was too important to fail?
posted:  May 1, 2009
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mustangboss
    
Lee Icociaa was the chairman of ford want he. he was like the father of the mustang
posted:  May 1, 2009
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yogi
    
That's like asking what do I think about the Republican push for deregulation of Wall Street and no one using any gray matter to bother asking why was it regulated in the first place. You can thank Senators Phil Gramm and John McCain along with the rest of the repoopican party for this recession.
posted:  August 14, 2009
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