Obama actually did it. He sent the automakers packing when they presented yet another “trust me, I know what I’m doing” proposal to justify wasting another big chunk of taxpayer payola.
What does this really mean, and why did the big O say no?
From what I’ve managed to gather, there were three main reasons for the [...]
Filed under: Politics, bailout, libertarian, news | Tagged: automakers, bailout, gm, Politics | 1 Comment »