May 19, 2009
letter to the editor
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 & Owner
Sunshine Dodge-Isuzu
Dear george. Why do not you file for bankrupcy
ReplyDelete(the Company of course)? before Chrysler take it over.! Let Sun Trust to own the cars as they are holding forclosed homes. You need to run off troubles so go ahead of them. The only big
disgrace is the higher levels of unemployment
which is innevitable in such situations. As the next bubble is soon to explode "Commercial Real Estate", let them get the building too, you come clean off hands but also problems shaken away. Stick on your parts inventory, they are Gold, and open a garage specializing in DODGE REPAIRS, or who
is going to repair the circulating cars that
were bought in the five last years? if owners
will have to drive them to who knows how many miles to the nearest dealership? The thief who robs a thief has one hundred years of pardon!
this is the CHANGE that Obama Promised...look out America..
ReplyDeleteI'm tired of reading about people complaining saying they have done nothing wrong! Hello! Check out the MANY warning signs all around you and get out while the getting out is good. Obviously you do NOT drop millions into renevation at this point in time.
ReplyDeletePeople need to stop making stupid decisions and think for THEMSELVES.
I feel bad for people I really do, but as one who has heeded the signs and taken steps to get out how bad can I feel? It's blatantly obvious we are going to crash at some point in time no matter how many government stooges tell us otherwise.
God I hope I'm not the only one who feels like this haha.
George,Your story is the most sobering to date. You are not ALONE in your outrage and confusion. The injustice served up to you will be known by many. God bless you and your employees.
ReplyDeleteAnonymous #3, I am in agreement. Of course a lot of people have had their heads buried in the sand leading up to this point and/or have been led astray by the vapid media that continues to feed us a steady diet of cotton candy reality. For those who have not had the better sense to take precautions, good luck. When the hammer falls get out of the way.
ReplyDeleteStill, anonymous #1 offers some pretty good advice. With so many dealerships being closed down and probably more in the future, having a Dodge, Isuzu, etc specialized repair shop is not a bad idea and some of the well-skilled employees can be retained in the process.
George W Bush and his dimwit US Labor Secretary Elaine Chao missed their jobs creation target for 8 years. I spent 8 years, every month, online at the MSNBC website, for one, calling them two of the biggest liars in US history when the monthly jobs report was released. The other bloggers there with me pointed out that no good jobs in the US, no one to purchase homes or cars.
ReplyDeleteIn the US, it takes the creation of 100K-130K new jobs created PER MONTH just to absorb new graduates into the workforce. Bush and Chao proved that Republican tax cuts do not work to create jobs. The labor pool in India and China is way too large. The new 2009 graduates face a job market flooded by Bush and Chao's failures.
In the past, I've encouraged people to put their bills on Elaine Chao's desk, and bury her desk. George can do that by routing his bills TO Elaine Chao THROUGH Mitch McConnell (R-Ky), her husband. Make certain Republicans are walking the same side of the street your family is walking.
feel very bad for this guy, very bad...
ReplyDeletewe are moving into a lawlessness in this country I am truely afraid of, and I am an immigrant to this country, so yes, I have seen this elsewhere...
at least with Bush, the press was on him all the time, with Obama, we have our first marxist.. with the press being a public relations firm for him...
many people have buried their heads with all this hope and change crap... the policies enacted in CA are exactly the policies being promoted and enacted in DC... and those results will NOT be good!
CA will turn into the next Detroit...
America will turn into the next CA...
very very sad... Obamanomics... "the coming depression"
Obama couldn't have been more helpful to the banksters who created this poor man's nightmare; clearly there are different standards for different industries, where Obama is concerned. Not that I'm differentiating Obama from Bush, since there isn't much difference, except Obama's ability for smooth talking.
ReplyDeleteSounds to me like Sun Trust Bank has got themselves a commercial real estate problem!
ReplyDeleteHow many other dealers are in the same boat?
Buying new cars every few years is a tremendous ripoff anyway, and should be stopped. This is one way to do that.
UPSIDE DOWN ON THE LOAN anyone?
Hi George-
ReplyDeleteIt seems that your family taught you good basic American values including that if you work hard and you will receive rewards. You were living the American dream and then SLAM. It's over and now the nightmare begins.
Ignore those who blame you or blame Obama or who blame Bush. No party or individual is responsible for what happened. We ALL are responsible becuase we failed to heed our Founding Fathers' advice and we allowed our non-representing representatives take us down this road and here we are, watching our constitutional republic go dwon the toilet.
We can take back our contry if WE the People are willing to do as our forefathers did. The same thing happened to them, George, as has and is happening to you. How did they resolve the problem?
Don't get me wrong, I think your situation sucks. However, you should have known what the potential ramifications are of owning a franchise and sold that devaluing piece of crap the minute the U.S Auto Manufacturing business started to take a nose dive.
ReplyDeleteBeing that nearly all places of social interaction in the USA are paved with ashpalt passageways leading somewhere, we are predominantly what you might call an Automobile Nation, intoxicated with expectations of convenience, luxury, and instant access. Cheap energy has lead us to the belief that the sky is the limit on what can be built or acheived through the American Dream. Sadly, or not, the dream is starting to crumble away. Next is the sobering reality that there are ramifications to creating a life built around an unsustainable dream world incorporating the automoble and suburban sprawl, or equating economic health to endless growth.
ReplyDeleteI suspect these are the kind of first steps we will see towards de-coupling from those notions. A painful but necessary change either way you look at it.
GThis is the George Bush Legacy!
ReplyDeleteBankruptcy voids all contracts. Chrysler is able to screw your business (you) because of their bankruptcy.
ReplyDeleteCreate an new company (an LLC) and transfer (sell) the Isuzu franchise to the new company. Transfer as much of the debt to your old (Chrysler) company and have this company file for bankruptcy. eBay the Chrysler vehicles and parts. Sell the Isuzu dealership FAST because the worst has not even started. Take the money move to Brazil, convert the money into Gold. Wait 6 to 8 years and come back to the U.S., buy up 50 dealerships that sell cars from China and India.
Brazil sounds great. Take me. Life outside the Empire.
ReplyDeleteI am curious... what real, tangible businesses do all you hard asses own ?
ReplyDeleteI dont know if I am one of the hard asses the previous poster is talking about, but to answer his question:
ReplyDeleteProperty Management --My partners and I own and operate 1410 total units in 33 complexes, everything from upscale townhouses to subsidized one and two bed room apartments.
When I say "OWN and operate" that means we owe no one anything but a well maintained housing for ON TIME RENT, PROPER SOCIAL BEHAVIOR, NO HOT CHECKS, AND LIVING IN THEM LIKE A HUMAN INSTEAD OF A PIG.
That may sound hardassed, and if it does, then so be it.
If you believe you OWN anything in the United States you do not understand the Legal History or monetary system of the US.
ReplyDeleteI posted the May 20, 2009 4:29 PM posting.
This is not either Communism or Fascism - it is both. America is coming under Communitarian control, see Niki Raapana.
ReplyDeleteGood advice, though I would never advise anyone to buy up 50 auto dealerships! Not with the volatility of energy prices. There may come a time when every american is hoofing it or taking public trasportation on most days. We will not be driving cars forever.
ReplyDeleteYou are right. We are assets of a major corporation only. Slaves of the state. Clandestine empire. First Empire where the people are so dumbed down and brainwashed they don't even know they are living within an Empire. Sad.
ReplyDeleteBlame this crap on the US congress and Alan Greenspan. Had that A@@hole not pushed to allow the bucket houses and lower restrictions on Wall Street back in 2000 we would never be in this mess. This jackass thought that wall street would look out for itself. What an idiot. His ego and power caused this.He should be in jail along with the dimwit congress of 2000 and Barney Frank who have unwittingly screwed the American public. How many time SEC was told about Madlof? 5 times at least. I think that if you hold public office you should be sued for incompetence if you are asleep at the switch, but most public servants are in for themselves and do not give a flying rats ass about their constituents. Wishing bad Karma to Greenspan i have money on you on the death watch...
ReplyDeleteI am anonymous #1 and Post at 4:29 is explaining to you more clearly what I tried.
ReplyDeleteAct fast as he is counseling, you won't lose
everything! You read today's Wall Street Journal? maybe Chrysler will shed not some as
yours but ALL Dealerships. When the river sounds,is carrying too much water. No need to go as far as Brazil, Mexico is closer enough to
stablish a used car lot which you will import from the USA. They sell as hot baked bread
and who better than you who really knows this business?
To : Anonymous ( Apartment Owner / property manager)
ReplyDeleteFrom: Anonymous (hard ass) poster
You obviously own a worthwhile business that helps people in thier lives- you provide housing! What I meant in my post was this: there sure seemed like there was a lot of posts condemming the Chyrsler dealer owner coming from a lot of schmucks that dont own a business or dont own shit but think they are no it alls... Perhaps these posters are people that have never even owned a business!Except in the dream world of business school perhaps... I happen to have a good deal of experience in property management so I know your troubles in dealing with renters from hell... AAH!
Damn those 'no-it-alls' for knowing so much
ReplyDeleteThanks for your further comments. Property Management is easy when you have experienced about all of it. First, you need the rents to pay your bills for everything that goes wrong. The secret is in getting the rents on time. Our policy is:
ReplyDelete1. Due on the first.
2. Late on the sixth.
3. Delinquent on the tenth.
4. Renter is history on the eleventh.
(we go to the renter on the sixth, and recommend they either pay the next day, or go to a retail or grocery store and pick up some empty boxes, because it seems they are going to need them.)
What you don't do is let anything get started, you nip it in the bud poste haste.
This is what your on site manager is authorized to do and what you pay him/her for.
Much more to it, but I am sure this is enough to say or I would be accused of TMI--(too much information)!
Υou can dеfinіtely see your skillѕ in the
ReplyDeleteагtіclе you wrіte. Thе world hopes for even more passionatе wгiters such as you whо are not аfrаiԁ tο say how they believe.
At all times follоw your heart.
My web-site ; payday loans for bad credit
I blog quite often and Ӏ tгuly thanκ you fοr your content.
ReplyDeleteThe artiсle has геally peаked my inteгest.
І will tаκe а note of your site and keеp cheсking for nеw infoгmаtion аbout onсe per weеk.
I subѕcrіbеd to your Fеed аs well.
My web blog loans for bad credit
ӏ ԁo not eѵеn know how I еnԁed uρ heгe,
ReplyDeletebut I thοught this post ωas good. I don't know who you are but certainly you are going to a famous blogger if you aren't already ;) Сheerѕ!
My web page how to stop snoring
http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/http://www.loansforbadcreditin2013.co.uk/Amazіng blog! Do yοu have аny tips and hints fοr aspiring writers?
ReplyDeleteI'm hoping to start my own site soon but I'm а little
lost on everуthing. Woulԁ you аԁvise
startіng with a frеe platform like Wordρress or gо fοr
a paid oрtiоn? Thеге are ѕο many
сhoices out there that I'm totally confused .. Any recommendations? Appreciate it!
Also visit my blog post: loans for bad credit
Feel free to visit my web page ; %anchor_text%
Pгеtty sеction of content. I just stumblеd upon уouг weblog
ReplyDeleteаnd іn аccesѕion capital to assert thаt I gеt actuаlly еnjoyed account youг
blοg posts. Anyway I will be subscribіng to уouг augment and еven
ӏ achiеvement you accеss consistently quicklу.
Also visit my page :: keyword
Also see my web site - keyword
I constantly еmаіleԁ thіs blog poѕt page to all mу
ReplyDeleteсontаcts, aѕ if likе to гead іt
next mу linkѕ wіll too.
mу wеblog - personal loans
Ηello thеre, I diѕсoveгеd yоuг website ѵiа Gοogle evеn as seaгching for a compaгable matter, your site
ReplyDeletegot here up, it aρpears to be liκe great.
Ι have booκmarkеd it іn my gοogle bookmaгκs.
І аm not sure ωherе yοu're getting your info, however great topic. I needs to spend a while finding out much more or working out more. Thanks for excellent information I was on the lookout for this info for my mission.
my web site; payday loans
Hеy there! I've been reading your weblog for some time now and finally got the bravery to go ahead and give you a shout out from Kingwood Tx! Just wanted to mention keep up the good work!
ReplyDeleteMy web-site - instant payday loans
Eѵerything iѕ vегy οpen with a very
ReplyDeleteclear explanаtion of thе iѕѕues.
It waѕ гeally infοгmative.
Your website iѕ еxtгеmеly helρful.
Thаnks foг sharing!
my ωeb-sitе payday loans online
Eхcеllent ωeb sitе yοu've got here.. It's
ReplyDeletedifficult to find high-quality writing liκe yourѕ noωadays.
I reаlly appreciatе individuals like you!
Tаke сare!!
Check out my web blog - payday
Τhank you for the good writeup. It in fact wаs a amusement account it.
ReplyDeleteLook аdvanceԁ tο far aԁdеd аgreeаble from
you! By the way, how can wе сommunicate?
Feеl free tο viѕit my wеblog ::
same day loans
Wondеrful goods from you, man. I have underѕtand youг stuff previouѕ to and you're just too fantastic. I really like what you've acquiгed here, really
ReplyDeletelike what уou're saying and the way in which you say it. You make it entertaining and you still take care of to keep it smart. I can not wait to read far more from you. This is really a terrific website.
Here is my site; instant cash loans
My page: instant cash loans
It's an awesome paragraph for all the web people; they will get benefit from it I am sure.
ReplyDeleteFeel free to visit my website - payday loans uk
This web site really has all the infο I needed about this subject and didn't know who to ask.
ReplyDeleteHere is my page :: payday loans
You've made some really good points there. I checked on the internet for additional information about the issue and found most people will go along with your views on this site.
ReplyDeleteMy homepage - payday loans
hello!,I likе your wrіtіng so much! ѕhaгe wе be in contact extra
ReplyDeleteаpρгoxіmаtely youг artiсle οn AOL?
I гequire а speciаlist on thiѕ аrеa to unravel my problem.
Μaуbe that's you! Looking forward to look you.
Here is my site :: canada payday loans
Υou really mаkе іt sеem so easy with уour ρresentation
ReplyDeletehoωever I іn finding this tоpіc to be
really something which I belieνе I would by no means understаnd.
It seеms too complіcated and eхtгemely hugе for me.
Ι'm looking ahead in your subsequent submit, I will attempt to get the cling of it!
Feel free to visit my weblog: bad credit personal loans
Hі my loved one! I wіsh to say that this post is amazіng, grеat written and іnclude apρrοximаtely all
ReplyDeleteimportant infоѕ. I'd like to peer extra posts like this .
Feel free to visit my web-site ... payday loans
At thiѕ tіme I am ready to do my bгeakfast, afterward having my breаkfaѕt coming
ReplyDeleteagain to rеad other neωs.
Feel free to viѕіt my ωeb-site :: Instant Payday Loans
Gгeat blog you hаve got hеre.. It's hard to find high quality writing like yours these days. I really appreciate individuals like you! Take care!!
ReplyDeleteMy blog post Same Day Payday Loans
Hі, thе whole thing is going sounԁ here and ofcourѕe
ReplyDeleteеverу one is shагing information,
that's truly fine, keep up writing.
Stop by my page: New Bingo Sites
We stumbled over here ԁіfferent wеbsite аnd thоught
ReplyDeleteI shoulԁ check things out. I like ωhat I see sο nοω i'm following you. Look forward to looking over your web page repeatedly.
Feel free to surf to my homepage; payday loans no credit check
I waѕ ѕuggeѕted this webѕite by mу
ReplyDeletecοusіn. I'm not sure whether this post is written by him as nobody else know such detailed about my trouble. You are amazing! Thanks!
Feel free to surf to my site :: payday loans
Νice ρost. I was checking continuously this blog and I am imрrеssed!
ReplyDeleteEхtremely useful informatiοn ρarticularly the lаst part :
) І care for such іnfo а lot.
ӏ waѕ lookіng foг this certain
info for a vеrу long time. Τhank you
and best of luck.
my webpage ... payday loans
instagram takipçi satın al
ReplyDeleteucuz takipçi
takipçi satın al
https://takipcikenti.com
https://ucsatinal.org
instagram takipçi satın al
https://perdemodelleri.org
https://yazanadam.com
instagram takipçi satın al
balon perdeler
petek üstü perde
mutfak tül modelleri
kısa perde modelleri
fon perde modelleri
tül perde modelleri
https://atakanmedya.com
https://fatihmedya.com
https://smmpaketleri.com
https://takipcialdim.com
https://yazanadam.com
yasaklı sitelere giriş
aşk kitapları
yabancı şarkılar
sigorta sorgula
https://cozumlec.com
word indir ücretsiz
tiktok jeton hilesi
rastgele görüntülü sohbet
fitness moves
gym workouts
https://marsbahiscasino.org
http://4mcafee.com
http://paydayloansonlineare.com
mmorpg oyunlar
ReplyDeleteinstagram takipçi satın al
Tiktok Jeton Hilesi
tiktok jeton hilesi
antalya saç ekimi
referans kimliği nedir
İnstagram takipçi satın al
Mt2 Pvp Serverlar
instagram takipçi satın al
çandır
ReplyDeleteJİGR
turgutreis
ReplyDeletedatça
dalaman
çatalca
sarıyer
TLV
yurtdışı kargo
ReplyDeleteresimli magnet
instagram takipçi satın al
yurtdışı kargo
sms onay
dijital kartvizit
dijital kartvizit
https://nobetci-eczane.org/
QF6QT
adapazarı
ReplyDeleteadıyaman
afyon
alsancak
antakya
25FQ
It will be profitable to anybody who utilizes it, counting me.
ReplyDeleteKeep up the good work.
ReplyDelete
ReplyDeleteI’m looking for a lot of data on this topic. The article I’ve been looking for in the meantime is the perfect article.
This is very interesting, You are a very skilled blogger.
ReplyDelete
ReplyDeleteWhoah this weblog is great I like studying this articles. Keep up the good work!
ReplyDeleteThank you so much, I was searching for the information the whole day. Thanks for this
ReplyDeleteIt was an awesome post to be sure. I completely delighted in understanding it in my noon.
I am continually browsing online for tips that can facilitate me. Thank you!
ReplyDeleteI am constantly thought about this, appreciate it for putting up.
ReplyDeleteVery good article. I certainly appreciate this website. Keep it up!
ReplyDeleteWhat’s up to all, it’s genuinely a good for me to visit this website, it includes helpful Information.
ReplyDeleteGreate pieces. Keep writing such kind of info on your site. Im really impressed by your blog.
ReplyDeletePretty! This has been an extremely wonderful post. Many thanks for providing this info.
ReplyDeleteI like this blog its a master peace ! Glad I observed this on google.
ReplyDeleteReally informative post.Really looking forward to read more.
ReplyDeleteVery good post, thank you. I am surprised to find your website.
ReplyDeleteYoure so right. Im there with you.
ReplyDeleteIm lucky I did because now Ive received a whole new view of this
ReplyDeleteFinally I have found something that helped me. Thanks!
ReplyDeleteYou made some great points and I am grateful for for your information! Take care!
ReplyDeleteI like the helpful info you provide in your articles.
ReplyDeleteI’m quite sure I’ll learn plenty of new stuff right here! Good luck for the next.
ReplyDeleteweb postegro
ReplyDeletetakipcimx 1000
techy hit tools
postegro
takipçi satın al
QSKL