Oh and that whole financial meltdown thing, that mess must have cost a few bucks to clean up, and he bailed out the automakers and saved all those jobs.
Didn't think it was possible for a less intectuall post, but you added on..........
I'll let you get your Google on.......
TARP produced a net gain to the general ledger.....
The auto bailout was a net loser and rewrote the rule of law by having bond holders take a loss while preserving Union contracts....that would never happen in a formal bankruptcy.........complete and utter BS.
@Clydepuckett :
Pres O can't take full credit for this outcome .According to several experts he needs to share it with GWB .Dr James Rubenstein at Miami University co-wrote a post bankruptcy assessment for the Fed Reserve Bank in Chicago .
He said no one should overlook the importance of Bush's decision to use $ 17.6 ((( BILLION )))in TARP money Dec 2008 to keep G Motors & Chrysler afloat
AAron Bragman the lead American auto analyst for financial forcast group IHS Automitive. Bush acted to save from bankruptcy & shut down, Obama's role was to FIX IT .
So if you think it was complete & utter BS oh OK , Bush started it spending $17.6 BILLION,should Pre O have walked away & done nothing at all period ????