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Obama Backs Chrysler Bankruptcy As Wise Move

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Uploaded by on Apr 30, 2009

President Barack Obama says he supports Chrysler's decision to seek bankruptcy protection and that its looming partnership with Fiat will save one of America's 'most storied automakers.' (April 30)

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  • FIAT BUY CHRYSLER !

    FIAT THE BEST 4 EVER

  • Let's say it together now... Socio-economics!

  • That video was awful.I couldn't believe that Frontline did such a poor job it blew my mind because I generaly like their program.

    if you want a better overview search for

    Why the Meltdown Should Have Surprised No One

    Much better overview. Cheers

  • I would LOVE to buy an American car. But American cars are not made for me. They are cheaply designed and sub-par to their foreign counterparts. When I'm shelling out$30,000 for a car, I want to have my money's worth. And god knows that it wont be worth spending it behind an American car.

    -An American.

  • Bankruptcy is not a sign of weakness?? Oh, ok. Tomorrow, I declare bankruptcy. I am a strong man!

    Please in 2012, get someone to run AGAINST OBAMA even if its another Democrat. No one can be worse than this guy.

  • And Obama wasted 4.5 billion on them?

  • well them to fucking make their cars affordable

    gtos used to cost 3 grand

    i cant even find a decent one under 20 grand

  • djlow17

    Check out the frontline website for the video (Ten Trillion and Counting & Inside the Meltdown) it is a good look at how we got into this hole.

  • chrysler will revive we need to stop buying those ugly ass forgin cars and buy some real american commero challenger mustang chargers come one people

  • I don't see the big deal about GM and CHRYSLER, or FORD going out of business. And I most certainly don't agree with these bailouts either. These are private companies and we should let them handle their own problems and not throw tax payers money at them. This country is made up of 70-75% small business. Why would u give these big companies handouts and not the little companies? Why?? Is it because we can't fly to Washington in our own private jets???

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