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Old 10-03-2012, 11:44 AM
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ebacon ebacon is offline
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I'm lost.

The thing called the "auto bailout" was actually a number of measures spread out over two year period. The first measure was the TARP money that Bush loaned to GM and Chrysler. That money included bailouts of their respective banking divisions.

After that there were the customized bankruptcies for GM and Chrysler. There was also a program to help auto suppliers. After all GM and Chrysler could not build cars without parts.

It would be disingenuous for any political party to claim they single handedly bailed out the industry. The auto indutry was in intensive care from 2008-2011 which spanned the Bush and Obama administrations.
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