Thursday, January 26, 2012

Obama denies he bailed out GM and Chrysler

President Obama bales Bush for the bailout of GM and Chrysler. He claims he "saved" them. The truth is Bush provided GM and Chrysler with $17.4 billion. President Obama ponied up $85 billion. Several billion will never be repaid.

(Washington Examiner) — President Obama today asserted that President Bush was responsible for bailing out auto companies in Detroit. Obama, on the other hand, implemented dramatic changes that saved the industry.
Read more: http://beforeitsnews.com/story/1675/879/Obama_denies_he_bailed_out_GM_and_Chrysler.html

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