Taxpayers have seen $4.5 billion of their dollars given to Chrysler and $7.5 billion in additional loans provided and are getting devastated communities, job insecurity and reduced services/higher taxes in return.
Taxpayers are also rightfully concerned whether the loans will ever be repaid.
There are only two ways this $7.5 billion loan can be repaid. The riskier alternative is to hope that Chrysler can eventually earn enough to repay the loans. The surest way for the treasury to be repaid both the $4.5 billion gift and the $7.5 billion loan is to maximize U.S. production. Only by claiming its share of the massive economic impact auto plants provide from the assembly, supply, transport, engineering, research and development, and the vast array of services needed will the taxpayer be assured of repayment.
We believe the "socially responsible" way for Chrysler to conduct business is to ensure that the American people are given priority in all production decisions, since the company wouldn't be around without their support.
This can be easily accomplished by prioritizing U.S. assembly of all dual-sourced vehicles such as the Dodge Ram truck. Mexican truck production could easily be performed at St. Louis North Assembly.
In fact, just a few short years ago this facility produced award-winning heavy-duty trucks like those currently produced in Mexico.
