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Wouldn't that be a fail on Rep. Mo Brooks part? The guy has a degree in economics but totally fails to see that a total world market collapse wouldn't have caused depression? That's a fail like no other....
The bailouts and the stimulus all suck, from the first president that did it to the current.
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Marketsmart, just to note, the bailout for Chrysler happened under Bush, rather it was signed into law as he was coming out, leaving Obama with the job of dishing out what had been setup. While he did have to decide several things, what happened afterward is a mute point compared to the bailout itself.
The bailout couldn't be stopped, the legislation was already signed, hands were already tied... I'm pretty sure if either of us got that mess handed to us, we would be working our asses off to cover it up as well, and overall it's not really in that bad of a spot, it's making money.
Still sucks it we bailed them out AGAIN.... I think this is our 2nd bailout of them, maybe 3rd.
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