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BO dealership closings only for rrepublicans
RtWngExtrmst
Member Posts: 7,456
http://www.redstate.com/josh_painter/2009/05/27/dancing-with-the-dealers-3-targeting-gop-districts/
Obama is ordering closing of Chrysler based on which dealer supported his campaign.
Obama is ordering closing of Chrysler based on which dealer supported his campaign.
Comments
democrats are hard on the car business with all their regulations, NO DOUBT.
The car companies have a program called dealer development, they are semi-required to employ minority dealer principals in a quota scheme like affirmative action. It would make sence to me that the Obama administration would justify a more deversified owner base and use that to eliminate rich white owners especially where federal dollars are involved.
Minority owners under these programs suck, they never have their own money and they are terible at the car business.
The only people who own dealerships should have bought it with their own money the rest are not mentally equiped....
I would say there are a lot more republican owned dealerships than those owned by a democrat. I have never met a dealer principal who is a democrat. I think that has to do with the perceived support of small business by the republican party not to mention the democrats negative plank on the current envioromental policy, preference to minorities and high taxation.
democrats are hard on the car business with all their regulations, NO DOUBT.
The car companies have a program called dealer development, they are semi-required to employ minority dealer principals in a quota scheme like affirmative action. It would make sence to me that the Obama administration would justify a more deversified owner base and use that to eliminate rich white owners especially where federal dollars are involved.
Minority owners under these programs suck, they never have their own money and they are terible at the car business.
The only people who own dealerships should have bought it with their own money the rest are not mentally equiped....
You got that right. When I used to set up dealerships for Chrysler, the principals had to have a minimum of $250,000 in unencumbered funds. Under the "Minority Ownership Plan", they had to have $50,000, all of which could be borrowed. If they couldn't borrow it anywhere, Chrysler would loan it to them in the form of a Capital Loan! Very few of those stores lasted very long without a new minority taking it over every couple of years.