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|01-26-2009, 08:26 AM||#1|
Member Since: Aug 2007
And the band plays on while the ship sinks
Dealers asked to buy more Chryslers to aid company
When the hull of your ship is ripped open, and the frigid ocean waters pouring in make sinking a certainty, you have 2 choices. (1) Try to get out while you can and hope to emerge with your life and as much else as you can, or (2) get distracted by the band that's playing on deck, trying to put a good spin on the situation. After all, if you pretend hard enough that things aren't all that bad, then maybe, just maybe, the water will stop flowing into the ship and it will magically stay afloat.
Phil LeBeau, CNBC's Auto Industry reporter, says (video) that Chrysler is now offering Employee Pricing and 0% financing and cash back bonuses, and they are still aren't seeing any sales activity.
Here's a hint: When you have to force your product down people's throats, and do all but give it away, and people still don't buy your product - stop making your product. Stop wasting resources, stop wasting labor and stop wasting capital making stuff that nobody wants.
On another note, auto parts manufacturers are supposedly planning on asking for about $10 billion in TARP funds.
You have it all wrong President Obama... The risk of death isn't the price we pay for liberty, the risk of death is the price we pay for life. The price we pay for liberty is being accountable for our own actions - that, and the burden of holding others individually accountable for theirs.
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