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Going to be on his record, that everyone would hate him for that because everyone hated tarp but he did it because if he hadn t, the bailout hadn t gone through, we would have been in danger of losing our banking system and private businesses would have not been able to access capital. obama could have gone in a different direction by listening to the many economists who told him to nationalize the banks but he didn t. left them under private management. then he had to usher through the auto bill, which mitt romney, even though he now denies it, said we shouldn t do, leave it to the private bankruptcy market, which didn t have the ability to finance them through bankruptcy at that point. that was the auto business implosion that could have been but barack obama saved it because he doesn t hate business. ....
Unpopular second round of tarp bailout money to save the private financial industry. and he did that knowing it was going to be on his record, that everyone would hate him for that because everyone hated tarp but he did it because if he hadn t, the bailout hadn t gone through, we would have been in danger of losing our banking system and private businesses would have not been able to access capital. obama could have gone in a different direction by listening to the many economists who told him to nationalize the banks but he didn t. left them under private management. then he had to usher through the auto bill, which mitt romney, even though he now denies it, said we shouldn t do, leave it to the private bankruptcy market, which didn t have the ability to finance them through bankruptcy at that point. that was the auto business imploks that could have been but barack obama saved it because he doesn t hate business. for a guy who is supposed to be the most anti-business president, he s ....
Unpopular second round of tarp bailout money to save the private financial industry. and he did that knowing it was going to be on his record, that everyone would hate him for that because everyone hated tarp but he did it because if he hadn t, the bailout hadn t gone through, we would have been in danger of losing our banking system and private businesses would have not been able to access capital. obama could have gone in a different direction by listening to the many economists who told him to nationalize the banks but he didn t. left them under private management. then he had to usher through the auto bill, which mitt romney, even though he now denies it, said we shouldn t do, leave it to the private bankruptcy market, which didn t have the ability to finance them through bankruptcy at that point. that was the auto business imploks that could have been but barack obama saved it because he doesn t hate business. for a guy who is supposed to be the most anti-business president, he s ....
We had about 11 million on pace for the year. and sales drop was worse compared to august of last year when the government s cash for clunkers program was in full swing. remember, the program let folks trade in old gas guzzlers for rebates towards more fuel efficient cars. now the market may be getting another big boost when g.m. rolls out its much anticipated electric car, the volt. our mike tobin took a spin and he s live in motor city right now. how was the thing there? a test track, right? yeah, you know, shepard, it s not a glorified golf cart. the chevy volt drives like a real car and g.m. is banking on the idea that this is the vehicle that starts to make electric cars common place. g.m. promised an electric car that could charge its own battery and keep on driving. took a turn around the bankruptcy track and delivered the chevy volt. everything that g.m. does would not exist today if the bailout hadn t happened a year ago. g.m. got $50 billion in ....