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Sale of Chrysler for 7+ Billion
Well it's been sold and now has ZERO debt...so lets see what happens. And to all those who said "labor unions aren't the reason for American vehicles being crappy  " HERE:
http://money.cnn.com/2007/05/14/news...ion=2007051406
Quote:
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But the U.S. automaker, which is projected to not return to profitability until at least 2008, will take with it responsibility for billions in health care coverage promised to union employees, retirees and their families, costs than are adding thousands of dollars to each automobile made in North America. Top of page
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Owing billions to retirees doesn't help a company succeed.....GO UNION.
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An unwavering defender of those I see worth protecting.
"promote the general welfare, not provide the general welfare"
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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05-14-2007, 09:03 AM
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