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Cheney: Bush Shouldn't Have Bailed Out GM
Newsmax ^ | Today

Posted on 05/28/2009 1:43:34 PM PDT by jessduntno

Edited on 05/28/2009 1:51:46 PM PDT by Admin Moderator. [history]

Former Vice President Dick Cheney said the Bush administration should have let General Motors go bankrupt instead of bailing out the troubled auto giant, according to The Hill.

Cheney told CNBC's Larry Kudlow that he disagreed from the beginning with Bush's decision to provide a short-term loan to the embattled automaker. At the time, the move was intended to keep the GM solvent until then-President-elect Obama could take the reins. A month before he left office, Bush announced a $13.4 billion bridge loan for General Motors and Chrysler.


(Excerpt) Read more at newsmax.com ...


TOPICS: Politics/Elections
KEYWORDS: automakers; bds; bdsonparade; cheney; evenmorebds; generalmotors; kudlow
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1 posted on 05/28/2009 1:43:34 PM PDT by jessduntno
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To: jessduntno

I like Cheney more every day.


2 posted on 05/28/2009 1:45:50 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: jessduntno

Adults vs the little muslim boy.


3 posted on 05/28/2009 1:45:54 PM PDT by libh8er
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To: jessduntno

The loony Left accused Bush of being Cheney’s puppet.

If only.


4 posted on 05/28/2009 1:46:12 PM PDT by Jeff Chandler ("Mr. President, I support you but not your mission. I'm showing my patriotism through dissent.")
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To: jessduntno

More proof that the wrong guy was at the top of the pubbie ticket...


5 posted on 05/28/2009 1:46:45 PM PDT by Sans-Culotte
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To: Richard Kimball

Ditto’s here also. Cheney rocks.


6 posted on 05/28/2009 1:47:09 PM PDT by bikerman (Free men do not ask permission to bear arms.)
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To: jessduntno

Love the hat, and LOL, that look Cheney is giving zero. “Say, zero, wanna go hunting”?


7 posted on 05/28/2009 1:49:04 PM PDT by AxelPaulsenJr (Please God Save The United States From The Democrats, and Barack Hussein Obama. Amen.)
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To: jessduntno
Cheney has apparently had enough of the "New Tone"

And about damn time.

8 posted on 05/28/2009 1:50:19 PM PDT by skeeter
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To: jessduntno

Straight Talk done right.


9 posted on 05/28/2009 1:51:19 PM PDT by TADSLOS (Powell/Whorealdo 2012- The New GOP Dream Ticket)
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To: jessduntno
At the time, the move was intended to keep the GM solvent until then-President-elect Obama could take the reins.

That's an understatement! Big Govt Bush tee'd up the perfect socialist take-over of the American economy for Obama.

10 posted on 05/28/2009 1:53:27 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: Richard Kimball

Ditto


11 posted on 05/28/2009 1:53:39 PM PDT by Jeff Gordon (I don't trust Obama with my country. Do you?)
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To: jessduntno

This is what I said at the time. Bush was suckered by Paulson on the TARP bailout and the GM bailout. And he never seemed to have any problem spending government money, so it didn’t bother him too much.


12 posted on 05/28/2009 1:53:44 PM PDT by Cicero (Marcus Tullius)
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To: AxelPaulsenJr

“Love the hat, and LOL, that look Cheney is giving zero. “Say, zero, wanna go hunting”?”

Western style blocked Stetson; $295.
Glare; priceless


13 posted on 05/28/2009 1:54:46 PM PDT by jessduntno (July 4th, 2009. Washington DC. Gadsden Flags. Be There.)
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To: jessduntno
Of course, if GM had folded before Jan 21, you know we would NEVER EVER hear the end of it from the media. If it goes under now, well, some media will mutter that its all Bush's fault but in general the whole thing will be minimized/swept under the reug.

Even so, I agree with Cheney on this.

14 posted on 05/28/2009 1:54:55 PM PDT by AzSteven ("War is less costly than servitude, the choice is always between Verdun and Dachau." Jean Dutourd)
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To: jessduntno

I bet there are a lot of things Bush and Cheney didn’t agree on.


15 posted on 05/28/2009 1:56:33 PM PDT by Reagan69 (No Representation without Taxation !)
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To: DTogo

“Big Govt Bush tee’d up the perfect socialist take-over of the American economy for Obama.”

Bush certainly did NOT do his party any favors, whatsoever.


16 posted on 05/28/2009 1:58:19 PM PDT by truth_seeker
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To: Richard Kimball

“I like Cheney more every day.”

Yeah...too bad he wasn’t Bush’s Brain...


17 posted on 05/28/2009 1:58:36 PM PDT by jessduntno (July 4th, 2009. Washington DC. Gadsden Flags. Be There.)
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To: jessduntno

‘Diana in Wisconsin: Cheney, America’s Last Best Hope For A Future’


18 posted on 05/28/2009 1:58:54 PM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Richard Kimball

Agreed. On the bailout and your comment.


19 posted on 05/28/2009 1:59:07 PM PDT by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: jessduntno
Glare; priceless

I wonder if it was so much a glare as it was tears for the country?

20 posted on 05/28/2009 1:59:18 PM PDT by AxelPaulsenJr (Please God Save The United States From The Democrats, and Barack Hussein Obama. Amen.)
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