President Bush Defends His Actions In Bailing Out The Automakers

President Bush Defends His Actions In Bailing Out The Automakers
Former President George W. Bush defended his decision to rescue General Motors and Chrysler in the waning days of his term, saying he "had to safeguard American workers and families from a widespread collapse."

In his new book (an advanced text of which was obtained by The Detroit News), Bush discloses he decided in early November 2008 to save GM and Chrysler — far earlier than was publicly known — and privately told his successor he would save the automakers.





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0to600to60 - 11/8/2010 3:17:11 PM
+4 Boost
wasnt he a fan of Bush?


Agent009Agent009 - 11/8/2010 4:08:52 PM
+1 Boost
I wrote in my presidential candidate when I voted.


thstonethstone - 11/8/2010 5:09:56 PM
+3 Boost
It doesn't matter whether its a Republican or Democratic President, the REAL people who run the country are the big corporations - automotive, aerospace, banking, entertainment, pharmaceuticals, oil, tech, etc.

And there is no way that a politician (of any party) is going to let any of these industries fail.


acronisacronis - 11/8/2010 6:35:30 PM
+3 Boost
It doesn't matter whether its a Republican or Democratic President, the REAL people who run the country are the big corporations - automotive, aerospace, banking, entertainment, pharmaceuticals, oil, tech, etc.

And there is no way that a politician (of any party) is going to let any of these industries fail." - thstone

x2 agreed.


uaw_laxuaw_lax - 11/8/2010 6:37:00 PM
+5 Boost
Well he made a great decision the two companies that got loans kept thousands working with jobs over the poverty line in time when the country was at it's knees and has not recovered much today. These same companies are doing better than they ever have in the last two decades. In using GB words "mission Accomplished"


g2okg2ok - 11/8/2010 8:37:05 PM
0 Boost
George Bush made some errors, but he is a good man and I would have voted for him a 3rd time. I think his Presidency is misunderstood by most Americans.


0to600to60 - 11/9/2010 10:35:12 AM
+1 Boost
Was that a joke????


tangotango - 11/8/2010 10:37:38 PM
0 Boost
Now that the cat is out the bag (as if it was ever a secret) that George W Bush initiated the bailout of GM and Chrysler, let's see and hear what the anti-Obama crowd around here have to say. Set of idiots. I will openly admit that not everything that GWB stood for was bad or wrong, I don't think his presidency was misunderstood by anybody. He was not a complicated person, quite simple, in fact. What you saw was what you got. Apart from not being able to pronounce "NUCLEAR" he got a lot of other stuff wrong. Dead wrong. And the entire bloody world is still paying for it.


delandelan - 11/9/2010 2:54:47 AM
0 Boost
tango for president!!


0to600to60 - 11/9/2010 10:35:55 AM
0 Boost
I agree


delandelan - 11/26/2010 3:02:17 PM
+1 Boost
Seriously? After the butchering of pronunciation, annunciation and grammar from 2001-2008, people are digging into "corpsman"? I feel pity....


internationalmanofmysteryinternationalmanofmystery - 11/9/2010 10:26:06 AM
+5 Boost
"...let's see and hear what the anti-Obama crowd around here have to say"

Nicely put! Thank you, Mr President!

Now, the main office for the Carlyle group is still in Dubai, right?


internationalmanofmysteryinternationalmanofmystery - 11/9/2010 10:28:45 AM
+3 Boost
p.s.
The photo should be taken down. I know it's a free (speech) country and all, but let the man have his dignity


0to600to60 - 11/9/2010 10:37:00 AM
-6 Boost
The tea bagging nut jobs are out blogging on autospies.


speed123speed123 - 11/11/2010 1:23:17 PM
0 Boost
LOL, hilarious picture.


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