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Economy
$6.44 billion in tax dollars lost on Chrysler bailout
2011-06-05
“Chrysler has repaid every dime and more of what it owes the American taxpayer from the investment we made during my watch.” - President Obama

That is just not true...
Posted by:

#7  Net profit minus tax, how many cars/equipment would have to be sold for that? Recockulous.
Posted by: swksvolFF   2011-06-05 14:26  

#6  Is share price factored into this calculation? I don't know, but it seems it should have dropped between then and now.
Posted by: gorb   2011-06-05 11:39  

#5  "If you tell a lie big enough and keep repeating it, people will eventually come to believe it."
Josef Goebbels
Posted by: Clomoque the Slender6132   2011-06-05 11:20  

#4  Let's keep this straight. It was a bailout of the UAW not the car companies. America's first Union Steward President came through for those who bankrolled him. Legally bought and paid for.
Posted by: Procopius2k   2011-06-05 08:37  

#3  Jerry Pournelle: The President is apparently proud of giving Chrysler to Fiat after despoiling the stockholders and bondholders in favor of the unions.
Posted by: Anguper Hupomosing9418   2011-06-05 08:28  

#2  To HIM, it is. And to the MSM, now mobilized to enforce the twin memes that Obama has done everything right, and that everything his opponents propose or do is wrong.
Posted by: Anguper Hupomosing9418   2011-06-05 08:15  

#1  To HIM, it is.
Posted by: Redneck Jim   2011-06-05 07:15  

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