(Conservative Tribune) – Fiat Chrysler Automobiles is the latest company to announce good news resulting from the new Tax Cuts and Jobs Act.
The company said it plans to invest more than $1 billion in the Warren Truck Assembly Plant in Michigan, as well as relocate the production of its Ram Heavy Duty truck in 2020, which is currently being manufactured in Saltillo, Mexico.
Read about the good news...
10 comments:
This kind of great news rarely gets the attention it deserves from the media because it places our president in a very good light. Instead they rant on an on about some blunt but truthful comment.
how come no mention in the news?
4:59--I think the coutnry knows exactly who the snivelers are.
Walmart gave the employees a bonus, and then closed 63 Sam's Club Stores. The one in Lantana is closing.
Well, you don't stay in business when you're losing money. Unless, of course, the Democrats could find a way to bail them out with government money.
4:59pm have some more wine, your girl lost and you hate that our current president is genuine.
I just heard this morning that Walmart is laying off employees.
No intention to bail out walmart but your comment was snide. Obama bailed out the auto industry and it proved to be the right decision. Saved the industry and a lot of jobs.
@12:34--Not according to the Cato Institute-
But calling the bailouts “successful” is to whitewash the diversion of funds from the Troubled Assets Relief Program by two administrations for purposes unauthorized by Congress; the looting and redistribution of claims against GM’s and Chrysler’s assets from shareholders and debt-holders to pensioners; the use of questionable tactics to bully stakeholders into accepting terms to facilitate politically desirable outcomes; the unprecedented encroachment by the executive branch into the finest details of the bankruptcy process to orchestrate what bankruptcy law experts describe as “Sham” sales of Old Chrysler to New Chrysler and Old GM to New GM; the costs of denying Ford and the other more deserving automakers the spoils of competition; the costs of insulating irresponsible actors, such as the United Autoworkers, from the outcomes of an apolitical bankruptcy proceeding; the diminution of U.S. moral authority to counsel foreign governments against similar market interventions; and the lingering uncertainty about the direction of policy under the current administration that pervades the business environment to this very day.
12:34pm Obama did nothing good for our country
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