Bailing out the auto industry:
McConnell said he realized the Bush auto bailout was coming, and is insisting more strings be attached.
And Obama gets criticized for bailing out GM when a republican (Bush) saw the bailout coming but ran out of time before he could bail out the auto industry?
Rep. Tom Price (R-Ga.) went one step further with bailout regret: “It is now clear that the creation of TARP was a rueful mistake which has failed to provide urgent market stability, yet has put our country perilously in debt for the foreseeable future.”
Really? Put us in debt for the foreseeable future?
“Taxpayers can rest assured that as a condition for receiving these loans, auto companies must fundamentally restructure their operations to become competitive and profitable again,”
Ford showing a profit and GM rehiring workers?