Chrysler would have been in Chapter 11 with or without Obama. A failed company which won't be missed by many. I take this as a strong signal to GM management and workers that they better seriously rethink their ways.

>>http://www.breitbart.com/article.php?id=D97SSRQO0&show_article=1
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>Obama is developing quite a reality distortion field: the Chrysler bankruptcy "is not a sign of weakness"
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>http://news.yahoo.com/s/ap/20090430/ap_on_go_pr_wh/us_obama_automakers
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>I wonder if Obama could point to a single bank branch manager, or credit-rating agency, that would not consider a bankruptcy filing a sign of weakness.
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>Bottom line: Chapter 11 is something they didn't want to do, but they were forced to do it, so by definition it's a sign of weakness.