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Judge Arthur Gonzales says "Absent a car manufacturing business, the dealerships would not seem to serve any purpose.."

Ok, this Judge is PAID OFF OR CORRUPT!  I don't care if he has years of experience and was the judge on the MCI/Worldcom bankruptcy case.  Here are the key quotes from the story at the story linked to the pic below.

 
 
 
 
Here is the judge's acutal words
"Absent a car manufacturing business, the dealerships would not seem to serve any purpose for the debtor," Gonzalez said, but added there may be a case for the dealers to pursue damages.
 
EXCUSE ME!!! READ THAT AGAIN!!!  I thought that bankruptcy was supposed to provide a fresh start when the business had made it abundantly clear that it is not trying to shut down. That's what he said to the dealers whose motion from NY and FL dealers.  The story continues...
At Thursday's hearings, dealers from New York and Florida testified about the relative strength of their businesses in an attempt to show Chrysler was not closing its weakest locations. 
Please see my blog entry about how the CEO of Chrysler testified under oath that the Whitehouse gave the dealer closing list.  He did not testify on the criteria that was used to compile the list.
 
As for the Indiana Teacher Retirement fund motion of illegal and unconstitutional behavior, the judge dismissed that out of hand saying they had no standing (no reasonable cause).
 
 
 
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The future of Detroit is NOT on the line! Ford took no bailout and is doing fine!

As your acquaintences talk of the Chrysler and GM financial extortions, please remind them that Ford is off the radar because they are profitable. Many will wrongly blame GM for all fault here. GM had a bigger budget and per capita profit prior to this than Ford.

http://finance.yahoo.com/news/Ford-profit-target-on-track-rb-15244624.html

Correct people who make sweeping statements like "the future of the US auto industry". They have not done their homework. GM and Chrysler are being prevented from importing their smaller cars and they are being forced to retool their factories toward smaller cars. Ford's biggest market has been trucks. Farmers love the F-150 and F-250 models. Furthermore Ford has many law enforcement contracts (most I have seen have been FORD).

Bottom line, Obama will push GM out of the big car market and strive to do the same for everyone via CAFE standards. Until the CAFE standards kick in by 2016, you can suggest to your discouraged church trip drivers and big families that they will likely have to seek a Ford van or Escalade to replace that Chevy Suburban or GM van in the coming years.

In the end, Chrysler will be forced to merge with GM and both will be blamed by the thug in Chief who caused it. Your friends will be happy to have met their needs without coming in contact with this fiasco and the time and cost it will take to become profitable again after he is gone.

Bottom line here folks is that real pain is coming and you will have opportunities with news and market limitations to preach of free markets and a free country.  This is not too political.  We have come face to face with idea of health inspectors showing up at a church banquet or fundraiser near you. Also nonprofit status for churches has been questioned in the past in our hard times. After all, we can't afford any cuts in government payoffs--OOPS--services can we? Where is the publication or news conference on where the trillions have gone, especially TARP?

I plead with you help your great and spacious building acquaintences understand that their poster boy lacks the cool factor they feed on. I believe Ford is our best posterchild for this. We will be ready for a comeback starting next spring after tax sticker shock, but this FASCIST thug and his quarter flipping flankmen will never sit before a hearing of any kind until we chip away at his cult following. I am so sick of people ignoring the numbers and the freedom to ride his wave without thinking about where it is going.

This is the "focus of Evil in the modern world" that Reagan spoke of.

-JimJ

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FORD DOES HUGE FAVOR FOR CONSERVATIVES!

Ask your liberal friends this one.
"Why is Ford on track with its profit estimates to its investors, while GM and Chrysler continue to bleed jobs and money without any end in sight?" 
 
This shoots down the Barack Obama mantra that desperate times call for desperate measures.  Click on the animation below to read about Ford's recent 1.6 billion dollar profit from stock and their positive earnings forecast.

 
 
Ask your liberal friends this one as well.
 
 "How soon will the Obama administration force Chrysler and GM to merge, and blame them for making him do it?  Since FORD has UAW and the same unions in it as Chrysler and GM, what decisions helped FORD stay profitable?"
Don't let them tell you that foolish decisions at GM and Chrysler are what caused this! The answer is our Thug  in Chief and his quarter flipping hitmen.  I will detail why Chrysler will NEVER be profitable again until it can undo the Obama bankruptcy fiasco!
 

Here is a quote from article linked to in the image above from Reuters British news service that gets it right!
"In a bright spot, Ford Motor Co, the only Detroit automaker not taking government bailout funds or dogged by bankruptcy or bankruptcy expectations, assured shareholders it is on track to at least break even in 2011, sending shares higher."
 
The bankruptcy deal done by the Obama administration was illegal in many ways and there should be hearings in Congress! 
 
 
The UAW owership at 55% is only a part of the problem. 
 
Remember when our Thug In Chief tried to reassure us by backing warranties in the GM and Chrysler deals?  How does Obama guarantee warrantees as he promised when there is no dealer near you?
More later on this.
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