Auto bailouts helped economy, poll says

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  • Mountanman Hayden, ID
    April 10, 2012 3:00 p.m.

    Correction: the auto bailouts helped the UAW ! But our grandchildren who will have to pay for it he billions not paid back; not so much!

  • lost in DC West Jordan, UT
    April 10, 2012 8:09 a.m.

    The result of this survey, combined with personal bankruptcies, carrying balances on credit cards, the housing bubble, and the re-election of deficit spending politicians are proof that our nation has a collective financial IQ of 67.

    The results are also inconsistent with the report from BO’s own special inspector general for TARP. The January 2012 SIGTARP report to congress shows the treasury MADE money on the bank bailout, but will LOSE $20 billion on the auto bailout.

    But will BO correct the populace’s misconception? NO! he’ll take advantage of the misconception to further his re-election chances.

  • Baron Scarpia Logan, UT
    April 10, 2012 6:14 a.m.

    Had Mitt been in Obama's shoes, he too would have engaged in a bail out as well... re-organizing and re-investing into business is exactly what Mitt did in his business glory days.

    He probably would have appealed to more private investors to do the deal, given his ties to Wall Street. Nonetheless, he would have used his government position to structure the deal and guide the process, touting his business credentials as central to his need to oversee the deal.

    He would not have allowed his beloved Michigan and car industry go belly up. His wife drives three Cadillacs for heaven's sake!