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Furor grows over partisan car dealer closingsEvidence appears to be mounting that the Obama administration has systematically targeted for closing Chrysler dealers who contributed to Repubicans. What started earlier this week as mainly a rumbling on the Right side of the Blogosphere has gathered some steam today with revelations that among the dealers being shut down are a GOP congressman and closing of competitors to a dealership chain partly owned by former Clinton White House chief of staff Mack McLarty.The basic issue raised here is this: How do we account for the fact millions of dollars were contributed to GOP candidates by Chrysler who are being closed by the government, but only one has been found so far that is being closed that contributed to the Obama campaign in 2008?Florida Rep. Vern Buchanan learned from a House colleague that his Venice, Florida, dealership is on the hit list. Buchanan also has a Nissan franchise paired with the Chrysler facility in Venice."It's an outrage. It's not about me. I'm going to be fine," said Buchanan, the dealership's majority owner. "You're talking over 100,000 jobs. We're supposed to be in the business of creating jobs, not killing jobs," Buchanan told News 10, a local Florida television station.Buchanan, who succeeded former Rep. Katharine Harris in 2006, reportedly learned of his dealership's termination from Rep.Candace Miller, R-MI. Buchanan owns a total of 23 dealerships in Florida and North Carolina.....
Where there's smoke, there's fire, kids. This is the "hope and change" people voted for. Say what you want about Clinton, but even he wasn't this brazen.
I'm still waiting to see which plants GM and Chrysler close after the dust settles. Will they all come from "red" states or will some from "blue" states be closed?
Hells bells...have you seen how creditors were given .30/$1 and told to suck it while the unions had their stakes doubled?
Yep, and any union controlled company is going to have trouble getting loans and selling bonds just for that reason. Secured bond holders were told to suck it, by 0Bama and accused of being greedy.
There was a related story where several hedge funds and major capital investors have already stated they won't be investing in companies which utilize large unionized labor pools.Guess what else that leaves out, kids? Brainstorm and see what all you can come up with.