Old Jun 13, 2009 | 08:45 AM
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dwightdmagee
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Default Re: Chrysler Solidifies Deal With Fiat…That Was Quick

The fixed cost number of $100,000,000 per day comes from the mouths of GM and Chrysler. The impossibility of the math is self-evident. A culture of corporate greed and a legacy of organized labor has driven us softly to where we are.

There is no going back; but I still love everyone.

BTW: this number of one hundred million surfaced some time ago during a one-day news cycle in the WSJ. Never heard about it again. Just like the $1.2 trillion in additional mortgage-default-swap exposure by AIG (once mentioned on CSPAN by Tim Giegthner during Congress' grilling last February) and never mentioned again, anywhere. That exposure exists today. Yikes. And the obscene bonuses paid to Freddie and Fannie execs (mentioned once during a Senate hearing on CSPAN-2 in late April) that would make the AIG bonuses look chincy; never heard about it in the main-stream news. Funny how this kind of thing just sort of 'goes away' in the ObamaMedia. Yet the same GE news outlets can rail on and on about torture, the swine flu and the octomam.

Woe is us.

Your response is not required or desired. Have a nice day.
 

Last edited by dwightdmagee; Jun 13, 2009 at 10:50 PM.
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