Cheney says Bush left GM bankruptcy for the next guy
- Thread starter Woodson
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- Jun 11, 2007
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The writing's been on the wall for years: GM would have to declare bankruptcy if it had any hope of restructuring in order to survive in the long-term. And though the Obama administration's effective take-over of General Motors was hardly the first case of the government nationalizing a private company, President George W. Bush didn't want to be the one to do it.
This, according to former vice-president Dick Cheney, who reportedly admitted in a recent interview on Fox News that the Bush administration floated the $17.4 billion auto industry bailout package in order to give the outgoing administration enough time to exit and for the next administration to settle in before the house of cards in Detroit came tumbling down. According to Cheney, President Bush "decided that he did not want to be the one who pulled the plug just before he left office."
[Source: Motor Authority | Image: Mark Wilson/Getty]
:scared Not the chickenhawks!!! No way they run from real responsibility. And that damn Cheney, he's selling everybody out he can...does this dude have voices in his head that are making him try to clear the air? Well now that the pointed finger can be smacked from infront of O's face, what do the resident Bush family members think?:0corn
WE FINALLY HAVE A PRESIDENT WITH SOME BALLS!!! Bush after fucking over the country for 7.5 years and being rated the worse POTUS in HISTORY why would he be afraid to pull the trigger on the auto industry deal?
Hedgey,
Glad the second child isn't quite the time commitment that you originally thought and you're back in the forum so soon. Any comment on the article?
Well if he is a great American then i will enjoy rapping with him during next year Smurph/ Hippo contest. When are u thinking of getting everyone together again?
:mj07: :mj07: :mj07: Good one Sponge.
I'm not running that fiasco again. It's up to anyone else to make it happen.
