Remodeling Maidiac
Diamond Member
- Banned
- #1
Anyone who believes otherwise is easily fooled in my opinion.
Had the bailout that both Bush and Obama were for worked, the company wouldn't have gone bankrupt anyway. All Obama ultimately did was steal wealth from the bond holders and line the pockets of the unions with it. The company itself remained in the red until the bankruptcy judge allowed certain debts to be dumped and restructured the remaining debts.
Bankruptcy saved GM. Obama saved union votes and wasted our tax dollars.
Had the bailout that both Bush and Obama were for worked, the company wouldn't have gone bankrupt anyway. All Obama ultimately did was steal wealth from the bond holders and line the pockets of the unions with it. The company itself remained in the red until the bankruptcy judge allowed certain debts to be dumped and restructured the remaining debts.
Bankruptcy saved GM. Obama saved union votes and wasted our tax dollars.