Quote:
Originally Posted by TCLGirls
I do not think you understand the GM issue. The Federal government "bailed out" GM. President Obama had nothing to do with GM's bankruotcy.
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You need to educate yourself a bit. The President would NOT give them a "bailout" unless they "Restructured" first (bankruptcy).
He said it didn't make any sense to risk taxpayer dollars unless they did bankruptcy.
He basically forced them to do it. And he was 100% correct.
But don't listen to me. Read the transcript of President Obama himself and educate yourself:
http://www.nytimes.com/2009/06/01/us...anted=all&_r=0