Forums: Chrysler LeBaron

The TARP Inspector General’s office, SIGTARP, recently released a report entitled, “Factors Effecting The Decision of General Motors and Chrysler To Reduce Their Dealership Networks“. This report set off a firestorm of shoddy reporting, which, if left unchecked, will confuse those familiar with the Chrysler Dealers’ pending litigation on appeal in federal district court. This blog posting has been designed to educate the public as to the truth of the SIGTARP Report. My assertion of shoddy reporting is levelled specifically at The New York Times, the AP, and unfortunately also at Michelle Malkin who has been a staunch supporter of...

The Obama administration, already under fire for unprecedented allegations of racial bias, faces a new bias claim from a most unlikely source: one of the administration's own inspectors general. Decisions on which car dealerships to close as part of the auto industry bailout -- closures the Obama administration forced on General Motors and Chrysler -- were based in part on race and gender, according to a report by Troubled Asset Relief Program Special Inspector General Neal M. Barofsky.

Everything you need to know about the nightmare of government-controlled busi nesses can be found in a damning new inspector-general's report on how and why the Obama administration forced Chrysler and General Motors to oversee mass closures of car dealerships across the country. Under the guise of "saving" the US auto industry through a taxpayer-funded bailout now topping $80 billion, President Obama's bureaucrats pushed the car companies to eliminate thousands of jobs -- with unjustified haste using dubious economic models. Obama ordered the bailout recipients to "prove" their long-term viability by submitting restructuring plans. But White House and Treasury Department...

An audit by Neil Barofsky, the special inspector general for the Troubled Asset Relief Program, found that President Obama's auto task force arbitrarily closed many profitable dealerships, destroying thousands of jobs "based on a theory and without sufficient consideration of the decision's broader economic impact." Barofsky observed that Chrysler and GM were subsequently forced to reinstate more than 700 of the approximately 3,000 disenfranchised dealers, "suggesting, at the very least, that the number and speed of the terminations was not necessarily critical to the manufacturers' viability." One more thing: China has a virtual monopoly on neodymium, a rare earth metal...

By Anne Sullivan TRENTON — Police are looking for a man accused of damaging engines as they were being built at the Chrysler Trenton South Engine Plant. Robert Allen Colling, 55, of Washington Township is wanted on one count of attempted malicious destruction of personal property. It is a felony charge that carries a penalty of 2 1/2 years in prison or a $5,000 fine, police Sgt. Mark Enright said. “Chrysler (officials) found some bolts in engine blocks, and apparently there were witnesses who saw him walking in the area (and) drop bolts into a cylinder head,” he said. “They...

As many as 100,000 Americans who lost their jobs, or will soon, because of GM and Chrysler dealership closings can thank Barack Obama and his "mandate for shared sacrifice," according to a top Obama official. In a scathing report on the federal auto industry bailout, Special Inspector General Neil M. Barofsky notes that the Obama administration rejected initial automaker plans which would have required relatively minimal dealership closings, insisting instead on far more drastic cuts -- as many as two thousand dealerships between the two corporations. (snip) And Barofsky's report even questions whether the closures would lead to any real...

A report to be released tomorrow by the Treasury Department's Special Inspector General for the Toxic Asset Relief Program (SIGTARP) will contend that President Obama's push for General Motors and Chrysler to close thousands of dealerships across the country as part of their government bailouts "may have substantially contributed to the shuttering of thousands of small businesses and thereby potentially adding tens of thousands of workers to the already lengthy unemployment rolls, all based on a theory and without sufficient consideration of the decisions' broader economic impacts