At the end of the day all of the GM dealerships who were closed had franchise agreements with Liquidation Motor Corp, a bankrupt company formed from the old GM. If the new GM corp decided to not establish a new franchise agreement with any of the prior dealerships well then that is simply the free market and capitalism at work. It seems like these dealerships have some sort of entitlement philosophy. It's no wonder they are out of business.
They should have had the owners of Westminister Dodge on this program to tell their story how they won their franchise back, but Chrysler made it impossible for them to get it back, forcing them to close for good. This was one of the oldest and most profitable Dodge dealers around before Chrysler pulled the franchise. Only thing they had wrong was an aged facility.
@Captainbob25202000 Perhaps, but I think a more accurate assessment of his view is that he doesn't want to shift the debt of today's students to others. Sure the Feds can come in and print money and help out, but if that debt is shifted to someone else than it really isn't fair. His view is that because of inflation the cost of education is sky high...back in his day you could pay your way with summer work and part time jobs during school which is harder to do today.
This is a great video. @indyflick did you listen to the video at all? Read the SIGTARP report or Darvhish's book.
DUVALLAUTOMOTIVE 3 weeks ago
Comment removed
DocWolph 3 weeks ago
At the end of the day all of the GM dealerships who were closed had franchise agreements with Liquidation Motor Corp, a bankrupt company formed from the old GM. If the new GM corp decided to not establish a new franchise agreement with any of the prior dealerships well then that is simply the free market and capitalism at work. It seems like these dealerships have some sort of entitlement philosophy. It's no wonder they are out of business.
IndyFlick 3 weeks ago in playlist Uploaded videos
John, please let the people finish their sentences before interrupting them, please?
MrAudi1020 3 weeks ago
This has been flagged as spam show
Seems like i'm too much european to say anything about this without starting a massive pol. flamewar.
thepiuma 3 weeks ago
Seems like i'm too much european to say anything about this without starting a massive political flamewar.
thepiuma 3 weeks ago
Great show! What an eye opener.
AHAUGHT 3 weeks ago
They should have had the owners of Westminister Dodge on this program to tell their story how they won their franchise back, but Chrysler made it impossible for them to get it back, forcing them to close for good. This was one of the oldest and most profitable Dodge dealers around before Chrysler pulled the franchise. Only thing they had wrong was an aged facility.
TBird100636 3 weeks ago
Ron Paul 2012...defend the Constitution.
brihamlin1 3 weeks ago
@brihamlin1 ron paul also wants to get rid of any type of financial aid for college students, but still he has good ideas
Captainbob25202000 3 weeks ago
@Captainbob25202000 Perhaps, but I think a more accurate assessment of his view is that he doesn't want to shift the debt of today's students to others. Sure the Feds can come in and print money and help out, but if that debt is shifted to someone else than it really isn't fair. His view is that because of inflation the cost of education is sky high...back in his day you could pay your way with summer work and part time jobs during school which is harder to do today.
brihamlin1 3 weeks ago
first
dimitarttt 3 weeks ago