For all the bitching and moaning about the auto industry bailout, guess what? That’s right, it worked. Oh, and another thing – the Republican’ts were dead wrong on this, as they are on pretty much everything. For instance, in June 2009, John BONEr asked, “Does anyone really believe that politicians and bureaucrats in Washington can successfully steer a multi-national corporation to economic viability?” Actually, yes. Big time (“Auto Bailout Saved More Than 1 Million Jobs, Study Says”)! Oh, and here’s Eric Can’tor from December 2008: “let’s remember, the bailout of a failed model is not, I think, what we owe the taxpayers. We should really protect their money and not throw good money away.”
Thank goodness we didn’t listen to the future Speaker of the House (gack!) and the future House Majority Leader (double gack!) on this. Now, why would we listen to these clowns – let alone follow them! – on anything?