Why the Dodge Viper?
In 2009, Chrysler was one of many "corporate victims" of economic Crisis of Confidence that almost collapsed the entire U.S. economy in 2008. Consequently, Chrysler filed bankruptcy in 2009 in an effort to reorganize its debt and save tens of thousands of jobs. Unfortunately, George W. Bush and Barack Hussein Obama obligated American taxpayers in a bailout "deal" for auto manufacturers and other major financial sectors in 2008 and 2009.
In 2011, Chrysler repaid its outstanding obligations to the U.S. and Canadian governments, through private sector refinancing and as part of an equity agreement with the international group which controls Italy's largest auto manufacturer, Fiat. In return, Fiat will begin building cars in the U.S. for distribution through the Chrysler network.
However, despite the Obama administration's applause for the debt repayment, it should be noted that the administration wrote off approximately$1.3 billion in debt at the time of the Chrysler bankruptcy in 2009, which was obligated as part of the Troubled Asset Relief Program under former president Bush. The Obama administration does not intend to recover that debt.
Whether the U.S. Treasury should have stepped in to circumvent a banking system collapse in 2008, remains a subject of hot debate. However, the government "bailouts" pail in comparison to the $5 trillion in debt the Obama administration has saddled upon future generations of Americans.
All that having been said, Chrysler is, once again, profitable, and despite the economic catastrophe that plagued the nation in 2008 and 2009, the Viper ACR still represents the most powerful and best performing American made muscle car in the history of automotive sports. It is a fitting promotional platform for the Tea Party movement.