POLITICAL PARTY POOPER

WE WON'T BE SAFE WHILE POLITICAL PARTIES ARE LEGAL

FIAT-CHRYSLER GIVEN $8 BILLION TO MOVE AMERICAN JOBS TO MEXICO

Posted by politicalpartypooper on May 4, 2009

In a deal worked out between the Obama Administration, Fiat, and bankruptcy, over eight hundred American Jobs will be lost at the Chrysler Engine Plant in Kenosha Wisconsin.  Many of those jobs will be headed to Mexico.

A brief summary of the details:  Union workers in Kenosha agreed to even more concessions in efforts to help Chrysler.  Fiat is “buying” Chrysler without any cash involved, and an additional $8 Billion in financing is now available to the company.  The Kenosha, Wisconsin plant is being closed, and a new engine plant will be constructed in Mexico, utilizing that country’s pool of available employees.

Here’s what it looks like:  Taxpayers of the USA are being told to bail out an automaker, who will then be “purchased” by a foreign car maker, who will then close down plants in the USA, while moving American Jobs to Mexico, in a brand new plant paid for with some of the $8 Billion dollars taxpayers are shelling out.

In an “unrelated” story, President Obama stated today that his administration will begin “cracking down” on corporations that utilize tax loopholes to send American jobs overseas.

Unrelated, indeed.

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