We’re all Chrysler Now

May 7th, 2009 by Justin Discuss this article »

Yep, you and I are now partial owners of Chrysler now. They’re not going to pay back their loans so we’ve acquired controlling shares in the company. Or at least that’s the plan. I’m not sure it’s if it’s final yet.

I’m generally capable of understanding how various clauses in the Constitution enable the Federal government to go far and above what they’re actually permitted to do. I don’t agree with them, but I “get” it.

This one? I haven’t a clue.

2 Responses Add your own

  1. Where can I go to sell off my share? Oh I can’t eh? I guess *I* don’t own part of Chrysler, the US Government owns part then. What part of “We the People” don’t I understand?

  2. Jason says:

    Is this like how we “own” the dirt our home are built upon?

    Doesn’t the Chrysler thing fit under the Interstate Commerce Clause, like everything else?

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