The Betsy

Chrysler: Looking for a Miracle to Survive

All of this is true.


On Apr 16 12:26 PM twilsondodge wrote:

> For those of you that blame Chrysler you need to learn a little about
> history. Chrysler was a very profitable company when they were purchased
> by Daimler and Daimler sucked them dry and tried to run them like
> they did Mercedes and they destroyed them. The purchase by Daimler
> was the worste thing that ever happened to Chrysler. Well maybe not
> the worste The Dog's that guard the gates of Hell have'nt done much
> better. The perfect storm that has consumed the American auto manufacturer
> is also taking a toll on Toyota and Honda as well so those of you
> that are downing the big three open your eyes Toyota and Honda are
> just as in just as bad of shape as the big three. Fortunately for
> them they are in a better position to weather this storm. If the
> government forces the big three to build smaller fuel efficient hybrids
> that 1 in 10000 people will buy it will do nothing to improve there
> positions. If fuel efficient Hybrids were the answer then Honda and
> Toyota would be up instead of thier business being down 40 % just
> like Chryslers was last month

Who Might Benefit From Detroit's Failings

Are people so hard headed and myopic that they would rather be "right" and punish the US automakers -- now -- for their errors? Would they really rather see the economic implosion that will follow the collapse of the American auto companies? Think you're standing on high enough ground that it won't effect you??

It is ironic and sickening that our corrupt Washington politicians get to stand in judgement of the Big Three. How quickly they transform themselves into this charade of choirboys, correcting and scolding Detroit's CEOs from behind their slimey political pulpit. It was never financially profitable, prestigious, in vogue or self-advancing for politicians to pay attention to American automotive engineering -- especially when it is housed in old, Black blue-collar towns. Is Washington hoping we have forgotten their own lavish overspending as well as their moral and ethical crimes? What's that ironic twist about the US auto factories building tanks for the Germans during WWII? I would think the Bush family would be greatful . . . .

I'd love to hear a Dennis Kozlowski (Tyco grand larceny) recession reaction interview now. It might throw some light on this hypocracy.

Give the US auto makers financial aid NOW. It will buy the world's stock markets some time to try to escape the same collapse. We are all sitting on the same time bomb.