CHRYSLER No Longer American Company, to Go Italian…


Courtesy of U.S. Taxpayers…

 

At the beginning of 2014, Detroit may be bankrupt, but they’re cheering the five-year-old U.S. auto bailout in Italy. That’s because after being the beneficiary of billions in U.S. taxpayer largesse, Fiat, the leading Italian auto company, is going to buy its final stake in Chrysler from that other big bailout recipient, the United Auto Workers (UAW).

“Chrysler’s Now Fully an Italian Auto Company,” reads the Time magazine online headline. But wait a minute! Wasn’t the bailout supposed to be about saving the American auto industry?


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imagePresidential poll: Ronald Reagan’s the greatest, Obama the worst

Former President Ronald Reagan has edged out Franklin D. Roosevelt and John F. Kennedy as the nation’s greatest president in over a century, and President Obama was rated the biggest failure by a sizable margin over George W. Bush, Richard Nixon and Jimmy Carter, according to a new poll.


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