Skip to main content

View Diary: Save 300,000 Jobs--Boycott Chase [Update] (315 comments)

Comment Preferences

  •  not a popular POV out here (4+ / 0-)
    Recommended by:
    Sparhawk, Cardinal96, skymutt, emilysdad

    but i agree

    chrysler's problems are not about Chase. that is only the symptom of an end game that happens when companies become too risky to obtain the credit they need.

    and for those out here who oppose the idea of any assistance being extended to the banks, picture this scenario being played out at other companies, some in industries that haven't had their potential market go from 14 million cars to 9 million in less than a year. cuz that's what would happen.

    Chrysler need a buyer with deep enough pockets to absorb its losses and carry it until it can rebuild itself, or it needs bankruptcy protection until it can reorganize. if it can't do either, than no boycot of ABC bank will change the outcome.

Subscribe or Donate to support Daily Kos.

  • Recommended (125)
  • Community (63)
  • Elections (24)
  • Media (23)
  • Environment (23)
  • Culture (22)
  • Civil Rights (22)
  • Science (21)
  • Law (21)
  • Trans-Pacific Partnership (21)
  • Josh Duggar (20)
  • Labor (18)
  • Economy (17)
  • Ireland (16)
  • Bernie Sanders (16)
  • Marriage Equality (16)
  • 2016 (15)
  • Hillary Clinton (15)
  • Climate Change (15)
  • Health Care (14)
  • Click here for the mobile view of the site