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Shit... even fuckedcheck won't back the lib spin. That's bad news. Can their word be trusted? Let's see how this 'Folgers' switch turns out.I did. The tax payers lost 6 billion on the 'investment'.Chrysler has already paid back the loan.
Do a ittle research.
FactCheck.org : Chrysler Paid in Full?
Since then, the administration has announced that it will sell its remaining Chrysler shares to Fiat, the Italian automaker that will now own a majority of the U.S. car company. Taxpayers will reap about $560 million from the stock sale, Treasury says. That still leaves taxpayers about $1.3 billion in the hole, and Treasury doesn't expect to ever get it back.And the facts are that the automaker has not completely repaid the investments made by U.S. taxpayers, and that's the result of a decision by the Obama administration to forgive a significant portion of the original loan made by the previous administration.
Chrysler Group LLC's 26,000 U.S. hourly employees will get their profit-sharing bonus checks Friday, according to an email CEO Sergio Marchionne sent late Monday to local union leaders, a copy of which was obtained by The Detroit News.
In his message, Marchionne praised workers for helping restore the Auburn Hills automaker to profitability and said they would receive a base bonus of $1,500 before taxes and union dues. Workers who worked overtime will receive more; workers who did not put in a full year of full-time work will receive less.
"In 2011, we demonstrated that outstanding results can be achieved when we bring together clear objectives, strong motivation, and enormous passion," Marchionne said in the email, a copy of which was obtained by The Detroit News. "Therefore, it is my pleasure to recognize you with this payment, which reflects the collective achievement of our company's performance and your personal contributions in 2011."
Chrysler reported its first net profit of $183 million its first in 15 years last week. For the first time since 2005, it also posted an operating profit of almost $2 billion. The company's annual earnings were actually much higher, but Marchionne decided to pay back Chrysler's loans from the U.S. and Canadian governments early.
Marchionne: Chrysler's hourly employees to get bonuses Friday | The Detroit News | detroitnews.com
Chrysler Group LLC's 26,000 U.S. hourly employees will get their profit-sharing bonus checks Friday, according to an email CEO Sergio Marchionne sent late Monday to local union leaders, a copy of which was obtained by The Detroit News.
In his message, Marchionne praised workers for helping restore the Auburn Hills automaker to profitability and said they would receive a base bonus of $1,500 before taxes and union dues. Workers who worked overtime will receive more; workers who did not put in a full year of full-time work will receive less.
"In 2011, we demonstrated that outstanding results can be achieved when we bring together clear objectives, strong motivation, and enormous passion," Marchionne said in the email, a copy of which was obtained by The Detroit News. "Therefore, it is my pleasure to recognize you with this payment, which reflects the collective achievement of our company's performance and your personal contributions in 2011."
Chrysler reported its first net profit of $183 million its first in 15 years last week. For the first time since 2005, it also posted an operating profit of almost $2 billion. The company's annual earnings were actually much higher, but Marchionne decided to pay back Chrysler's loans from the U.S. and Canadian governments early.
Marchionne: Chrysler's hourly employees to get bonuses Friday | The Detroit News | detroitnews.com
doesn't mention the almost 5 billion in the article I posted. You FAIL
Shit... even fuckedcheck won't back the lib spin. That's bad news. Can their word be trusted? Let's see how this 'Folgers' switch turns out.I did. The tax payers lost 6 billion on the 'investment'.
FactCheck.org : Chrysler Paid in Full?
And the facts are that the automaker has not completely repaid the investments made by U.S. taxpayers, and that's the result of a decision by the Obama administration to forgive a significant portion of the original loan made by the previous administration.
"We've replaced the normally liberal conclusions of fuckedcheck.org with something that disagrees with them. Let's see if they turn on it like rabid tasmanian devils on crystal meth."
Shit... even fuckedcheck won't back the lib spin. That's bad news. Can their word be trusted? Let's see how this 'Folgers' switch turns out.
"We've replaced the normally liberal conclusions of fuckedcheck.org with something that disagrees with them. Let's see if they turn on it like rabid tasmanian devils on crystal meth."
NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.
Taxpayers lose $1.3 billion as govt. exits Chrysler - Jul. 21, 2011
Shit... even fuckedcheck won't back the lib spin. That's bad news. Can their word be trusted? Let's see how this 'Folgers' switch turns out.
"We've replaced the normally liberal conclusions of fuckedcheck.org with something that disagrees with them. Let's see if they turn on it like rabid tasmanian devils on crystal meth."
NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.
Taxpayers lose $1.3 billion as govt. exits Chrysler - Jul. 21, 2011
If so, then compare the cost to the cost if Chrysler had gone under.
NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.
Taxpayers lose $1.3 billion as govt. exits Chrysler - Jul. 21, 2011
If so, then compare the cost to the cost if Chrysler had gone under.
IF? who knows? What we do know is that the tax payers lost in the deal. Basic economy 101 if one fall there will be another to take it places. But the government prevent the natural selection in the name of saving union pensions.
How do they rank compared to the last 20 years? 10?
Horse shit, $8.00 an hour is slave labor for a working stiff,America needs not just jobs,but well paying jobs,the illegals have destroyed the wage structure in this country,and Obama is to blame,3 years and counting,and he has divided the Country .
Horse shit, $8.00 an hour is slave labor for a working stiff,America needs not just jobs,but well paying jobs,the illegals have destroyed the wage structure in this country,and Obama is to blame,3 years and counting,and he has divided the Country .
Horse shit, $8.00 an hour is slave labor for a working stiff,America needs not just jobs,but well paying jobs,the illegals have destroyed the wage structure in this country,and Obama is to blame,3 years and counting,and he has divided the Country .
Horse shit, $8.00 an hour is slave labor for a working stiff,America needs not just jobs,but well paying jobs,the illegals have destroyed the wage structure in this country,and Obama is to blame,3 years and counting,and he has divided the Country .
Horse shit, $8.00 an hour is slave labor for a working stiff,America needs not just jobs,but well paying jobs,the illegals have destroyed the wage structure in this country,and Obama is to blame,3 years and counting,and he has divided the Country .
I cant stand democrats, but must disagree Obama is to blame for illegals and the wage structure. Both parties suck on the issue.
How do they rank compared to the last 20 years? 10?
Is that it? Is that your negative spin?
You guys are going to get killed in November.
