1. Bush didn't steal the bond holders equity.<quoted text>
Just for Dumbo - forgot about GM going to Bush already I see, huh?
"President Bush has approved a $17.4 billion auto bailout, with $13.4 billion in emergency loans to prevent the collapse of GM and Chrysler and another $4 billion to be handed out in February.
The loans are meant to be a lifeline and will keep the companies afloat until March 31st. At that point, says the NYT, the Obama administration will determine if the automakers are meeting the conditions of the loans and will continue to receive government aid or must repay the loans and face bankruptcy.
The terms of the bailout are almost identical to the plan rejected by Republicans in the Senate a week ago"
"DETROIT TheStreet)-- Many Republicans oppose the billions of dollars in bailouts that saved the U.S. auto industry, but former President George W. Bush isn't among them.
"I'd do it again," Bush said Monday during the closing address at the annual National Automobile Dealers Association convention in Las Vegas, according to The Detroit News. "I didn't want there to be 21% unemployment."
Now STFU and sit down azzhole - tired of seeing you spamming these threads.
2. He loaned them a few billion, Obama gave them 13 billion more and 43 billion to the UAW union to prop up their fund, which has never been paid back.
3. Obama didn't save the Auto Industry, he bought GM, got Fiat to buy Chrysler (which is doing better than GM) and didn't do squat for Ford, Honda, Toyota, Lexis, BMW, Nissan, Infinity or any of the others building cars in America.
Your stupid lies are getting so moronic that I fear your IQ is dropping with each post.