American taxpayers will be glad to know that the folks over at cash-strapped Chrysler LLC thank them for the approved government loan of $4 billion that they received to help bridge the current economic crunch. In fact, Chrysler is so thankful that it created a new "Thank You America" print advertisement.First of all, if Chrysler wanted to be accurate, it should have thanked the Bush Administration and their political supporters in their decision to offer both Chrysler and GM a bailout loan - we didn't see any American taxpayers vote on the matter, did you? If you ask us, Chrysler LLC's decision to spend money -it doesn't matter how much- on a print ad thanking Americans for bailing them out was an unnecessary move. With so many media outlets of all sorts, a press release is more than adequate these days to get your message out to millions of people. Total waste of money that could have gone into saving a job or two.
12 Comments:
While unnecessary expenditures are certainly a bad idea, it's important to begin rebuilding trust in the buyers and work force again. While the Bush administration may have bailed them out, we the tax payer are picking up the tab, and this ad reflects that. Additionally, nobody will rush out and buy a new Chrysler if they don't trust the company. Open and transparent communication are going to need to be the focus for them, regardless of how they re-structure and any new products they bring to the market. I think this is a good move for them and will pay off later. I'd love to hear a thank you from AIG or any of the wall street firms we've bailed out as well.
No one is going to rush out and Buy a Chrysler group car, but nothing to do with trust, but to do with the range of innadequate products they offer.
Dodge RAM V8 anyone? since everyone is well off and can afford a tank of fuel 2x a week.
Waste of money.
There is no trust here nor is there a line of customers at Chrysler showroom doors to purchase their crappy vehicles. Chrysler is a privately owned company, and the taxpayers have been royally screwed. My wife and I have agreed never to purchase another vehicle from GM or Chrysler; Ford may still be in the running if they do not take any financial assistance and make it on their own.
Welcome to America—the Corporate Welfare Country!
"Welcome to America—the Corporate Welfare Country!"
don't you mean welcome to Earth the Corporate Welfare Planet.
Geez, complete with generic crowd shot...unacceptable!
Umm, to the above posters, this is a loan. You know, paid back, with interest. As someone whose livelihood depends on these products, I wish you would think about what you say before you spew your vile poison. Did the domestics loose sight of what was/is important in this industry? Yes. Are they learning what dumbsh*ts they were? Yes. Are they making VASTLY IMPROVED product? Yes. Am I PO'd that I'm stuck in a family business that has survived, and at one time thrived, selling GM's wares? When GM is turning it's back on me, Yes. But they are changing for the better, and I am encouraged with what I see. Maybe it is too late. But when I see the crap that came out of Korea not even 10 years ago (Hyundai Scoupe, anyone?) winning accolades from the major news rags, I seem to think that GM, Ford, and Chrysler can turn around as well.
LOL, "paid back"? Not only will it not be paid back they will be begging for another bailout in 6 months.
These car companies now know that they can demand bail outs, so now what do you think they will do when they run out of this bail out? Yep, you guessed right, they will ask for another one. GM, Chrysler, and Ford = dissapointment.
Dickhead though he may be, Bob Nardelli paid for this ad out of his own pocket. And, like the poster above said, even if it DID come out of the $14B, it will get paid back, so shut the f**k up; you know not of what you speak. The only good thing Bush did in 8 years was turn his back to the transplants, and help his own kind. Read Pat Buchanan's latest column; educate yourself. BTW, a Prius costs the consumer an extra $5K in taxes and price. Who are the fools again? I'll keep my Neon, thank you, and continue getting 30 MPG around town and 37 on a trip. Honda Fit? Blow me. Smart car? Gayyyy! Mini Cooper? Puh-leez. You people are all brainwashed haters pissed off at your pathetic lots in life. Work Union. Live better. United we bargain. Divided we beg.
It is important to support the U.S. autoworkers, we can not have other countries in contol over all our businesses. The most important, is our factories keep other factories working, the people whom makes parts for all 3. I hope the companies, will make fuel effecient vechiles and make improvements that benefit us all.
Wow this domestic auto love here is amazing to see. I'm not sure when we should ever help out a weak company survive. The weak drop out and the strong get stronger in these types of times. If the case is that the Japanese out run the Americans, so be it. Of course you all know the Japanese automakers are hurting a lot as well. Some are not going to survive this go around and some will get stronger as a result. It's the nature of business...
By the way, this may be a loan but we won't get any of it back when the companies default on the loans and go bankrupt. I feel bad for the auto workers, but I'd be looking for another job if I were them. Then again who else would pay a 40yr old with a high school degree $80k a year to tighten a few screws...
First of all, if Chrysler wanted to
be accurate, it should have thanked the Bush Administration and their
political supporters in their decision to offer both Chrysler and GM a
bailout loan - we didn't see any American taxpayers vote on the matter
loan
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