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Ford is the one that became profitable while still paying off their debt.
Ford started their restructuring several years before the Crash. Their management saw what was coming, and prepared for it. AKA, Good Management.
That is in stark contrast to the not so good management in the WH in the 1st decade of the new Century.
Haha, everything you post is completely WRONG.. Bush bailed out the auto industry well before Obama was sworn into office..
If you ever got 1 thing right, I wouldnt know what to think.
Bush gave the auto companies just barely enough to keep their doors open solely because of the democratic controlled congress, while on the other hand Bush gave massive bailouts to wall street. It wasn't until Obama came into office that things turned around.
Though it still goes back to my main point of right wingers will attack anything that isn't pre-approved by their masters. In their minds Auto makers = unions = baaaaaaaaaad
Bush gave the auto companies just barely enough to keep their doors open solely because of the democratic controlled congress, while on the other hand Bush gave massive bailouts to wall street. It wasn't until Obama came into office that things turned around.
Though it still goes back to my main point of right wingers will attack anything that isn't pre-approved by their masters. In their minds Auto makers = unions = baaaaaaaaaad
The only thing Obama did was change the form of collateral to allow them to go into bankruptcy, something tehy should have done in the first place.
News: Chrysler Posts First Profitable Year Since 1997
Had Chrysler not been bailed out twice with confiscated taxpayer money (while government programs go bust), you might have reason to celebrate, but as it stands, anyone celebrating is displaying an utter and complete ignorance of economics and ethics.
The only thing Obama did was change the form of collateral to allow them to go into bankruptcy, something tehy should have done in the first place.
Stop with the nonsensical babble.
Obama did things right unlike Bush who when his wall street cronies came knocking, gave them massive bail outs and said "have fun!" which they sure did going on lavish vacations and rewarding the crooks that caused the housing crash in the first place billions, all on taxpayer dime.
Obama forced the auto industry to completely revamp themselves. We all remember when the auto CEO's were before the panel who asked who came in on a private jet? When all raised their hands, from there got a verbal beatdown on national TV, even firing some of them.
Obama and Co. made sure there were strict guidelines in place if they wanted a dime of taxpayer funds. From this, the auto companies have soared and it's a wild success for Obama.
Yes, you're correct that "something tehy (sic) should have done in the first place" which Obama did, not Bush, confirming the fact of my first statement that things didn't turn around until Obama came into office
Ford is the one that became profitable while still paying off their debt.
Yep, and they definitely top my list when I think about getting a new vehicle.
But, boy do I love that Challenger.
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