I think that a start to the new year is important and how it starts, is how it is going to go for the rest of the year. Financially America just started really bad and it has nothing to do with the inflation driven stock market. It has to do with real world happenings and an Italian company buying an American icon company after it was bailed out by the USA government to the tune of billions and billions of dollars, is a sure sign of the future, during 2014…
America just got itself a new Italian automobile company: Chrysler. Fiat agreed to buy the 41.46% of Chrysler shares held by a United Auto Workers (UAW) union’s health care trust for $3.65 billion in cash plus $700 million in future payments for a total of $4.365 billion. It gives Fiat 100% ownership of the U.S. auto company and completes Fiat CEO Sergio Marchionne’s grand strategy to combine the two companies into a more competitive global automaker. Benvenuto, Fiat-Chrysler.
I think that I need to not even look any farther, as I see how the US has been sold down the drain. Good thing we bailed Chrysler out with sheeple tax money and kept the home fires burning for Italy. I definitely was against that from the beginning and it looks like we hung ourselves with the extra rope we were given…
Bottom line, it is the principle of the matter and this plain stinks. I could careless that it makes a 7th largest car maker in the world out of the deal. Chrysler is an American icon, but all the icons are dying as you read this and being bought by the world…
Merry Christmas and a Happy New Year America…
Posted by Kyle Keeton
Windows to Russia…
PS: How many times did we bail out Chrysler in the past? Obviously loyalty does not play a part in the finance world…