I would just add--and this is not lost on most Americans--there are some political figures who said publicly they should have just gone bankrupt and gone out of business. I think the President made the right decision. Today, Mr. Marchionne made it clear Chrysler has paid back everything. They have paid it all back. So now, he said, if we need to borrow money, we are not going to come knock on the door of Secretary Geithner of the Treasury Department; we can go to banks. We are a thriving corporation. We are doing well. He said: I have nothing but good news for you, which is great to hear in a recovering economy. It was a bet made by the President on behalf of hundreds of thousands of workers and companies and it paid off. What it says is that if we stand behind the basic pillars of the American economy--and manufacturing is one of those; maybe the largest pillar that holds up this great economy--we can prosper and succeed. Jobs being brought back from Mexico and overseas into the United States, I am glad I have lived to see it because I can remember when they were headed in the other direction. Companies that were almost given up on by some politicians turned out, such as GM and Chrysler, to be prosperous today, building new cars and thinking about the new demands of our economy and our future, tells me we can put this together.…
Share
More from Dick Durbin
The President is dead set on attacking Americans’ right to vote and undermining our democracy by making baseless claims about ‘rigged’ elections, demanding unreasonable voter registration requirements, restricting mail-in voting, and…
Nominations hearings, like this one today, are an essential part of the Senate’s role in providing advice and consent on presidential nominees. This constitutional duty is a critical check on the Executive Branch. And it has never been…
The American Red Cross declared a national blood supply crisis in the U.S. last month for just the second time ever, which has impacted patients’ ability to be treated for illnesses or undergo surgery.
Five years at $200 million amounts to $1 billion… it represents 48 hours in the war in Iran.





