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 Cheney: Bush passed buck on GM

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Artie60438




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Cheney: Bush passed buck on GM Empty
PostSubject: Cheney: Bush passed buck on GM   Cheney: Bush passed buck on GM Empty6/3/2009, 5:04 pm

Just one of many messes that were handed over to Pres Obama to clean up...

Cheney: Bush passed buck on GM
By: Andy Barr
June 3, 2009 10:57 AM EST

Former Vice President Dick Cheney says that former President George W. Bush did not want to be the one who “pulled the plug” on General Motors and instead decided to pass on the issue to President Barack Obama.

“I thought that, eventually, the right outcome was going to be bankruptcy,” Cheney said of the company during the second part of interview with Fox News’ Greta Van Susteren that aired Tuesday night.

“[GM] had to go through such a dramatic restructuring to have any chance of survival that they had to be able to renegotiate labor contracts and so forth,” he said. “And the president decided that he did not want to be the one who pulled the plug just before he left office.”

Cheney said that rather than acting on GM, the Bush administration “put together a package that tided GM over until the new administration had a chance to look at it.”
http://www.politico.com/news/stories/0609/23283.html
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sparks




Posts : 2214

Cheney: Bush passed buck on GM Empty
PostSubject: Re: Cheney: Bush passed buck on GM   Cheney: Bush passed buck on GM Empty6/4/2009, 7:24 am

George Bush passed the buck on most of the major issues that the middle class cares about,health care,jobs,the environment and education. We elected a leader who had neither the interest or the talent to lead us.
Here are some of Michael Moore's comments about GM's bankrupcty. The comments he makes about GM's leadership also apply to many other corporations in America.
http://rawstory.com/08/news/2009/06/01/op-ed-michael-moore-goodbye-gm/
Michael Moore wrote:
We are now in a different kind of war — a war that we have conducted against the ecosystem and has been conducted by our very own corporate leaders. This current war has two fronts. One is headquartered in Detroit. The products built in the factories of GM, Ford and Chrysler are some of the greatest weapons of mass destruction responsible for global warming and the melting of our polar icecaps. The things we call “cars” may have been fun to drive, but they are like a million daggers into the heart of Mother Nature. To continue to build them would only lead to the ruin of our species and much of the planet.

The other front in this war is being waged by the oil companies against you and me. They are committed to fleecing us whenever they can, and they have been reckless stewards of the finite amount of oil that is located under the surface of the earth. They know they are sucking it bone dry. And like the lumber tycoons of the early 20th century who didn’t give a damn about future generations as they tore down every forest they could get their hands on, these oil barons are not telling the public what they know to be true — that there are only a few more decades of useable oil on this planet. And as the end days of oil approach us, get ready for some very desperate people willing to kill and be killed just to get their hands on a gallon can of gasoline.
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