Comment

UAW Will Own 55% of Chrysler

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looking closely4/28/2009 1:06:25 pm PDT

Here’s the bottom line:

So long as unions are running the show, the company will be non-competitive and will eventually go bankrupt.

This effort is just taking money from the taxpayer, and using it to subsidize the unions for a few more years until that happens.

Worse, by the time Chrysler actually collapses, Obama will probably be out of office and unaccountable.