Cars
American taxpayers will be glad to know that the folks over at cash-strapped Chrysler LLC thank them for the approved government loan of $4 billion that they received to help bridge the current economic crunch. In fact, Chrysler is so thankful that it created a new "Thank You America" print advertisement.
- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
- Obama: Auto Industry Bailout Was The Right Thing To Do
President Barack Obama is using GM's recent loan repayment and Chrysler's operating profit as proof that his "unpopular" auto bailout decision was the right thing to do. "I knew this wasn't a popular decision. But it was the...
- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Bush Administration Grants $17.4 Billion Loans To Gm And Chrysler
Detroit's Big-Three automakers may have failed to convince the Congress last week to provide $14 billion in loans, but when there's a will, there's a way. In an unprecedented move, the Bush Administration granted GM and Chrysler LLC $13.4...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...
Cars
Chrysler LLC Begins Spending Government Loan with 'Thank You America' Print Ad...
American taxpayers will be glad to know that the folks over at cash-strapped Chrysler LLC thank them for the approved government loan of $4 billion that they received to help bridge the current economic crunch. In fact, Chrysler is so thankful that it created a new "Thank You America" print advertisement.First of all, if Chrysler wanted to be accurate, it should have thanked the Bush Administration and their political supporters in their decision to offer both Chrysler and GM a bailout loan - we didn't see any American taxpayers vote on the matter, did you? If you ask us, Chrysler LLC's decision to spend money -it doesn't matter how much- on a print ad thanking Americans for bailing them out was an unnecessary move. With so many media outlets of all sorts, a press release is more than adequate these days to get your message out to millions of people. Total waste of money that could have gone into saving a job or two.
- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
- Obama: Auto Industry Bailout Was The Right Thing To Do
President Barack Obama is using GM's recent loan repayment and Chrysler's operating profit as proof that his "unpopular" auto bailout decision was the right thing to do. "I knew this wasn't a popular decision. But it was the...
- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Bush Administration Grants $17.4 Billion Loans To Gm And Chrysler
Detroit's Big-Three automakers may have failed to convince the Congress last week to provide $14 billion in loans, but when there's a will, there's a way. In an unprecedented move, the Bush Administration granted GM and Chrysler LLC $13.4...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...