Chrysler Gets Another Waste of Tax Payer Money

A main source of the problems in the U.S. is the elevated level of consumer debt.

Do U.S. consumers need new cars? We think not, look around the bulk of all cars in the U.S. are probably three years old.

Yet, the government has handed out yet another multi-billion dollar tranche to stimulate what? More consumer debt.

Consumers don't need new cars. They don't need more debt. Right now the consumer is scared of layoffs and must repair their balance sheet.

This is why we have said the U.S. taxpayer will not make a single cent, despite government rhetoric to the contrary, on these trillions in bailouts.

Another bad idea that is Made in the U.S.A.

http://bloomberg.com/apps/news?pid=20601087&sid=aCPjFhXvGrys&refer=home