Chrysler (Fiat) CEO Tells CNN: "U.S.Taxpayers Are Getting A Phenomenal Deal By Losing ONLY $1.3 Billion On Bailout"

Video - Chrysler (FIAT) CEO speaks with CNN

What a smug bastard.  Short clip that is definitely worth watching.  Read all about it at CNN.

NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.

The government recently sold its remaining 6% stake in the company to Italian automaker Fiat. It wrapped up the 2009 bailout that was part of the Troubled Asset Relief Program six years early.

Comments

[DailyBail]

Fed passes China to become largest U.S. creditor

http://blogs.marketwatch.com/thetell/2011/06/09/fed-passes-china-to-become-largest-u-s-creditor/

[TR]

DB
Benny &Timmy can get the money printed to balance the books. WAIT! How many sets of books do they have? LOL

Screw the taxpayers. Screw the MIDDLE CLASS.

http://www.mybudget360.com/four-horsemen-of-the-middle-class-apocalypse-financial-costs-higher-incomes-lower-college-costs-healthcare/#more-3253

[DailyBail]

U.S. Court Interpreter Killed in Mexico After Being Held for Ransom

http://www.federaljack.com/?p=89868

[DailyBail]

Bonuses for Billionaires

http://www.nytimes.com/2011/07/21/opinion/21kristof.html?src=ISMR_AP_LO_MST_FB

[TR]

I guess if Dieppa was a BROWN man, it's OK because George Carlin said America is also good at killing BROWN PEOPLE.
DAMN,DAMN,DAMN

This should be FUN.

http://www.nakedcapitalism.com/2011/07/federal-home-loan-banks-challenge-bofa-settlement-say-they-are-owed-a-lot-more.html

[TR]

DB, just caught your link to the 4 horsemen

[DailyBail]

thanks for the yves link, TR...

[Howard T. Lewis III]

I have been an ASE certified mechanic for 15 years. I have owned up to 6 Fiat cars at one time and worked on engines from Mercedes Benz to Isuzu. I t is a joy assisting in the friendly, helpful efficient service provided by cars like Toyotas and Hondas. The earlier-day efficiency of the 1970 Ford E-150 Econoline, huge interior with very few parts which never cost more than a couple dollars. All wonderous things. but I never remember even cracking a smile on a Fiat since the 1961 Bianchina or while working on anything Chrysler since they junked the slant-6.

Italy is welcome to both. I know the Fix It Again Tonys will know what to do with Chrysler. I hope they realize their dream. Chryslers are the Sarah Palin of the automotive world. The rent-a-car places around here use them alot. Complete with aloha seat covers.

[mick]

why don't these people just shut the fuck up ...is there something in their spa chemicals ?

[robertsgt40]

You have to remember the govt is in business to LOSE money. That's why we're bankrupt. The govt(taxpayer) is the real lender of last resort, especially if there's a loss involved. Did you see Wall Street jump at the chance of losing $1.3 billion? Nope. You see, Wall Street makes the big bucks by loaning to the federales because the feds don't owe it back. The taxpayer does. Slick racket eh? show more show less

[Howard T. Lewis III]

Mick, go ahead and buy a Fiat or a Chrysler for daily use. I dare you.

[S. Gompers]

Howard,

I think you will appreciate this...

http://www.youtube.com/watch?v=MXW0bx_Ooq4

http://www.youtube.com/watch?v=rLDgQg6bq7o&feature=related

[DailyBail]

those are always funny no matter how many times i've seen them..thanks gomp...