When President Obama finally leaves office, we expect him to end up working in New York. Not on Wall Street, but in Times Square. He’ll be there with a card table, challenging suckers to figure out which shell the ball is under.
While you may think this is an odd occupation for a former resident of the White House, it seems to be the one for which he is most qualified.
The Washington Examiner has the story:
American taxpayers have already spent more than $13 billion bailing out Chrysler. The Obama administration already forgave more than $4 billion of that debt when the company filed for bankruptcy in 2009. Taxpayers are never getting that money back. But how is Chrysler now paying off the rest of the $7.6 billion they owe the Treasury Department?
The Obama administration’s bailout agreement with Fiat gave the Italian car company a “Incremental Call Option” that allows it to buy up to 16% of Chrysler stock at a reduced price. But in order to exercise the option, Fiat had to first pay back at least $3.5 billion of its loan to the Treasury Department. But Fiat was having trouble getting private banks to lend it the money. Enter Obama Energy Secretary Steven Chu who has signaled that he will approve a fuel-efficient vehicle loan to Chrysler for … wait for it … $3.5 billion.
“Come on up, friends. It’s easy. Just keep your eye on the little ball. Tell me which shell the ball is under and you can win. Come on up.”
Source: The Washington Examiner
This post was last modified on January 26, 2021
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I think Obama deserves the Nobel Peace Prize for this great idea , as this will hopefully keep peace with the union-bots that so mightly financed his campaign for hope and change.
Even the Libtards can't find anything wrong with this picture.
Next up: we'll borrow money from the Treasury to pay off the national debt! Problem solved!
Actually I think that's part of the DNC's platform for 2012.
"what, me worry?"
It always about "follow the money!" A L W A Y S!!! You never have to keep your eyes on the proverbial ball, just watch and see who's getting the payola. It's kind of like watching a soap opera, you can miss several episodes and still have a really good idea of what's going on just by watching the next available episode. With liars, you always know they're going to lie, so you're never surprised when they lie and you never expect them to tell the truth about what they do because they can't. We are surprised when they tell us they're telling the truth and they really are! Olivia should understand this by now.
In honor of Pesident Obama, Chrysler will be coming out with a hybrid in 2012 called the Dodge Bamboozle.
- It's hard to tell, but it might be made overseas;
- Its fuel is 50% petroleum and 50% electricity, but will be touted as 100% electric
- Several different spokesman will crack under the strain of trying to promote it
- Chrysler will be calling on competitors to go back to pre-1967 production levels
- A $15K rebate, forcibly contributed by those who benefited by 8 years of Bush policies