McCotter on Fox Business Neil Cavuto Discussing Chrysler Bankruptcy
Rep. Thaddeus McCotter
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April 30th, 2009 at 5:58 pm
Why do republicans and Hedge Fund huggers, think workers having a stake in the company they work for, is not the American way?
Why do these talking heads love to demonize us, the hard working american people, and love to snuggle with the hedge fund.
This is not about Fiat, or Chrysler, or cars…This is about some paper money tigers , getting away with continue outsourcing, sending our jobs to slave labor countries without much standards…
so that they can make an extra 50 cents.
April 30th, 2009 at 6:39 pm
the senior debtholders also represent taxpayers and retirees and workers who hold shares in those bonds representing all the billions they loaned Chrysler under contracts binding under the Constitution. if the govt is allowed to arbitrarily reconfigure the seniority structure of bonds that market will cease to exist, thus lending will stop and no one will have a job
April 30th, 2009 at 7:10 pm
Symptoms of a fiat money system that has been manipulated for almost a hundred years.
The thing will sound money (precious metal backing) is you can’t manipulate the market the way they are now.
People would have been calling in for their physical gold a long time ago. Too much trust in the paper, who does the pensioner complain to , the wall, because the mouth breathers aren’t listening. This is where the 2nd comes in.
April 30th, 2009 at 8:37 pm
Neil Cavuto = Da’ Man!
April 30th, 2009 at 9:50 pm
fiat cars are usually small economy cars. we need these cars here in the usa. to say they are un-reliable is rediculas.
May 3rd, 2009 at 5:56 pm
Why people in Wal-Mart earn $8/hour have to pay tax to support the UAW to earn $78/hour?
Why American tax payers have to pay for UAW’s laziness and greediness?
May 4th, 2009 at 12:02 pm
“we need these cars here in the usa” ???
Don’t be so sure about that. There is a ridiculous overstock on prius’s, cobalts, etc beyond 200+ days!!! The ONLY reason why these cars are occasionally popular is if gas prices are raised over 3.50 a gallon.
The public in general do not want those cars. It is a proven fact. Don’t listen to lying congressman who say what they want and pass it off as the general consensus.
Families CANNOT have those cars as a family car. It just isnt possible.
May 4th, 2009 at 6:26 pm
lynxlea
You should try to better yourself, instead of crying about how some one is getting a loan. It is their tax money also and at 8 dollars an hour VS $78 they pay more taxes then you anyway.
May 5th, 2009 at 7:25 pm
of course smaller cars can be used for the family car. Just look at the cars used in japan now (600cc or smaller motors) the cars you spoke of are just too expensive for the average person unless they both still have their jobs and are paid well. No one has to lie about the cost of smaller cars that fiat will bring here. I live part time in brasil and I can tell you the prices are affordable.
May 7th, 2009 at 9:43 am
then why are they not selling?
America wants/needs trucks and suvs.
btw… i’ll let you drive a family of 4 with luggage from michigan to south carolina for a vacation in a fiat. I certainly wont do it.
May 7th, 2009 at 7:27 pm
so many spoiled americans. you will if you have too. never say never
May 7th, 2009 at 7:38 pm
you are totally right, this will all blow up soon and they will be cutting firewood for a living
May 12th, 2009 at 7:46 am
It’s not even the case of being spoiled. Our country is too large, with a spread out populous, and with too much coast to coast commerce to just get rid of all the trucks and suvs. In Europe or Japan it is feasible.
Big cities in the US is the ONLY place this will work. And that is still limited.
May 15th, 2009 at 11:53 pm
789 Dealerships are closing…I picked the wrong year to buy a foreign car…sorry Chrysler but maybe if you had approved me for that car I was looking at, plus thousands of others you turned down…and shit what did you idiots spend billions of Gov’t money on in 2 months???!!!!!! You get what you give, I wonder when those company jets are going to go up for auction? I’m gonna buy one and put a Kia sticker on it
June 14th, 2009 at 1:21 pm
They are rot boxes. I’ve had 2. Both have been crap. The punto is ok but they fall to bits in no time in bad weather.
January 28th, 2010 at 8:44 pm
I loved the way you exlained things. Much better many here
February 9th, 2010 at 3:23 pm
In general, I’m not very fond of politics on the whole – however, at times we all have to take notice. There are a few excellent issues raised here, and I’m considering the point – thank you.