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Reply to "How do you feel about the General Motors and Chrysler bailout?"
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[quote=Anonymous][quote=Anonymous]We saved an industry. Money well spent. GM had 2011 revenues of $150 billion and a profit of $7.6 billion. Do you have a cheaper way to fill that hole? Any idea of how many jobs are involved in making $150 billion? We put $85 billion into AIG -- not to build anything, just to prevent catastrophe. We gave hundreds of billions in tax cuts which provided zero stimulus. Lastly, let's call the criticism what it is: politics. We spent $18.6 billion to bail out the airline industry under Bush. You don't hear a bunch of armchair quarterbacks second guessing that. The auto bailout is only criticized because a Democrat did it. [/quote] Do you drive an American car?[/quote]
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