RNS Quote of the Day: 05/20/09

Filed under: Quote of the Day — Phil at 7:32 am on Wednesday, May 20, 2009

Found via The American Thinker

My name is George C. Joseph.  I am the sole owner of Sunshine Dodge-Isuzu, a family owned and operated business in Melbourne, Florida. My family bought and paid for this automobile franchise 35 years ago in 1974. I am the second generation to manage this business.

We currently employ 50+ people and before the economic slowdown we employed over 70 local people.  We are active in the community and the local chamber of commerce. We deal with several dozen local vendors on a day to day basis and many more during a month.  All depend on our business for part of their livelihood.  We are financially strong with great respect in the market place and community.  We have strong local presence and stability.

I work every day the store is open, nine to ten hours a day. I know most of our customers and all our employees.  Sunshine Dodge is my life.

On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them. My new vehicle inventory consists of 125 vehicles with a financed balance of 3 million dollars.  This inventory becomes impossible to sell with no factory incentives beyond June 9, 2009. Without the Dodge franchise we can no longer sell a new Dodge as “new,” nor will we be able to do any warranty service work. Additionally, my Dodge parts inventory, (approximately $300,000.) is virtually worthless without the ability to perform warranty service.  There is no offer from Chrysler to buy back the vehicles or parts inventory.Our facility was recently totally renovated at Chrysler’s insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank.

HOW IN THE UNITED STATES OF AMERICA CAN THIS HAPPEN?

THIS IS A PRIVATE BUSINESS NOT A GOVERNMENT ENTITY

This is beyond imagination!  My business is being stolen from me through NO FAULT OF OUR OWN.  We did NOTHING wrong.

This atrocity will most likely force my family into bankruptcy.  This will also cause our 50+ employees to be unemployed. How will they provide for their families?  This is a total economic disaster.

HOW CAN THIS HAPPEN IN A FREE MARKET ECONOMY IN THE UNITED STATES OF AMERICA?

I beseech your help, and look forward to your reply. Thank you.

Sincerely,

George C. Joseph

President and Owner

Sunshine Dodge-Isuzu

This is no longer a free market economy in the US of A, Mr Joseph.

You’re in the Obamanation.

4 Comments »

Comment by Fjolnirsson

May 20, 2009 @ 2:11 pm

That’s terrible. It sickens me, seeing what is happening to my nation. We need to fix things, and the time to start is now. How? Go read today’s entry at my blog.

Comment by DFWMTX

May 21, 2009 @ 7:35 am

Could someone please put this on the leftosphere? They’re always talking about how big corporations are hurting Mom & Pop family-owned small businesses. Now we have a case of Obama’s policies harming small business. I know mnay leftists are anti-corporate/anti-capitalist anyways, but this could place a seed of doubt about Obama in the minds of those who still like small businesses.

Pingback by Murdoc Online » It’s for the Greater Good

May 21, 2009 @ 10:00 am

[…] Found at Random Nuclear Strikes: On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them. My new vehicle inventory consists of 125 vehicles with a financed balance of 3 million dollars. This inventory becomes impossible to sell with no factory incentives beyond June 9, 2009. Without the Dodge franchise we can no longer sell a new Dodge as “new,” nor will we be able to do any warranty service work. Additionally, my Dodge parts inventory, (approximately $300,000.) is virtually worthless without the ability to perform warranty service. There is no offer from Chrysler to buy back the vehicles or parts inventory.Our facility was recently totally renovated at Chrysler’s insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank. […]

Comment by Kristopher

May 22, 2009 @ 8:27 am

Apparently political contributions were the criteria used to determine which dealerships to close:

http://curmudgeonlyskeptical.blogspot.com/2009/05/obamas-zyklon-b.html

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