Pres. Bush owes the UAW and the Democrats who have sunk Michigan absolutely nothing. He certainly does not need to obligate taxpayers in the conservative states to their bailout.
There is a mechanism for failed businesses. It is Chapter 11 bankruptcy. That’s what “the little people” have to face when their businesses fail, so why should GM be given special treatment?
Hussein and Jennifer Granholm (who is on his "economic committee") will bail out the car companies. Of that there is absolutely no doubt. However, Hussein wants Bush to do it so he can point to the Bush administration when it doesn't work. He wants ALL bailouts to be done by Bush for the same reason. He wants to come in with all that behind him and able to blame the prior administration.