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Posted: Sat May 16, 2009 7:31 am
by Bill Call
Bryan Schwegler wrote:And honestly, even if the government had as much control over the process as you like to claim they did, do you honestly think the government cares less about Chrysler or its employees and dealers than Cerberus Capital Management would have? (who btw is a major donor to the Republican party)
Under normal bankruptcy Cerberus would have received nothing and would have had to relinquish any control they had over Chrysler.
The government had enough control over the process to force bond holders to give up their constitutional rights under bankruptcy law. Obama put a gun to their heads and told them either their brains or signature would be on the contract. Change you can believe in.
The government controls this process and Obama is the government.
By the way, there has been no examination of the billions received by Cerberus over the last few months. How much of it went directly into the pockets of Cerberus? How much found its way into the hands of politicians and their groupies? Don't ask.
dealers choice
Posted: Sat May 16, 2009 3:26 pm
by ryan costa
the morning network news went over the story.
First was a clip of someone saying the decision to cut dealers was Good, because all those dealers are driving down the prices.
A few minutes later was another clilp saying the the decision to cut smaller dealers was Good, because larger Wal-mart scale dealerships could offer lower prices.
I could not tell if it was the same expert giving both statements to the network news people. there were several minutes between statements.
I do not know which explanation to believe. So I will believe both of them.
Posted: Wed May 20, 2009 11:46 pm
by Bill Burnett
The business address for all Ganley auto dealers is at the Ganley Subaru on Detroit Rd. This dealer is not closing. If you notice all the Spitzer Dealers have an address in Elyria. These are Headquarters addresses. And Barry Buick is not on the list to be closed as of right now.
Posted: Thu May 21, 2009 5:08 am
by Jim O'Bryan
Bill Burnett wrote:The business address for all Ganley auto dealers is at the Ganley Subaru on Detroit Rd. This dealer is not closing. If you notice all the Spitzer Dealers have an address in Elyria. These are Headquarters addresses. And Barry Buick is not on the list to be closed as of right now.
Bill
thanks for setting this straight, we do not need to add to the hardships in the auto industry or Detroit Ave.
.