Chrysler won’t repay bailout money

Perfect!

“Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year and as part of its bankruptcy filing.

This revelation was buried within Chrysler’s bankruptcy filings last week and confirmed by the Obama administration Tuesday. The filings included a list of business assumptions from one of the company’s key financial advisors in the bankruptcy case.”

This just goes to show that the government can’t do everything and the things it does do are usually as misguided as an F18 flown by Stevie Wonder.

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