Chrysler Will Not Repay Taxpayers

Taxpayers Left Holding Bag For $7.2 Billion

America we need to thank socialist Barack Hussein Obama for the surgical bankruptcy performed on Chrysler. We now know so far that it is costing us hard working taxpayers $7.2 billion. That doesn't include the $1.5 billion loan Chrysler wants in June of 2010.The UAW will own 55% of Chrysler. Now the union will sit on both sides of the negotiation table at contract time. The UAW through my thinking has made sufficient concessions like the one that says overtime pay will not begin until the worker has toiled for 40 hours in a week. That was quite a concession wasn’t it??.more...