Yes Obama Has Perhaps Permanently Screwed Up GM and Chrysler


	Yes Obama Has Perhaps Permanently Screwed Up GM and Chrysler

merrie

10-5-2009 4:39 PM

151 views

tags:

cash for clunkers, gm and chrysler takeover

merrie says:

This Obama guy has the anti-Midas touch. Everything dear he touches turns to crap.

By The Whistler

2 Comments |

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10-5-2009 5:42 PM

jay8h

Yeah, but he can boast about the Cash for Clunkers program. He did wonders for the Japanese auto makers.

10-5-2009 5:48 PM

merrie

It's that quirky little thing called 'the law of unintended
consequences', yet anyone with an ounce of common sense would have known what a disaster it would be for Government Motors!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fe42703e-7db0-4ddf-af75-0d207c52c08f/88E8707B-F0FA-44B1-A7FC-CAAE4B06CC31/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/" href="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/" style="font-size: 11px;">sayanythingblog.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/sayanythingblog.com/img/84A1D0A8-9E3C-4F56-BD84-0C802A98827E" alt="GM CEO Fritz Henderson Holds News Conference On Company's Future" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><SPAN>Rob posted earlier today about how Obama and his Cash For Clunkers programs have turned out to be clunkers themselves.  His point was that the program was a waste of three <SPAN class="IL_LINK_STYLE">billion dollars</SPAN><SPAN> because <SPAN class="IL_LINK_STYLE">auto sales</SPAN> are back in the tank, worse than ever.</SPAN></SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><P>With all due respect, I think Rob<A title=" missed the more important point" href="http://sayanythingblog.com/entry/shocker_car_dealers_struggling_with_sluggish_sales_after_cash_for_clunkers#c535648"> missed the more important point</A> from the news story he quoted from.  </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><BLOCKQUOTE><P>Last week U.S. automakers reported that new car sales for September, the first month since the clunker program expired, sank by 25% from a year earlier. <B>Sales at GM and Chrysler fell by 45% and 42%,</B> respectively. Ford was down about 5%.</P></BLOCKQUOTE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><P>So Obama sinks about <B><SPAN>50 <SPAN class="IL_SPAN"><INPUT type="hidden" name="IL_MARKER" />Billion Dollars</SPAN></SPAN></B> in the process of taking over GM and Chrysler.  Obama’s all but running GM and it was his plan to shop Chrysler to the Italians.  </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://sayanythingblog.com/entry/yes_obama_has_perhaps_permanently_screwed_up_gm_and_chrysler/"><P>And what are the results.  GM and Chrysler have lost  almost half of their market share while Ford is doing ok.  Now Ford has taken some government money.  But they aren’t being run into the ground by Obama either.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/88E8707B-F0FA-44B1-A7FC-CAAE4B06CC31/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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