The Bush Administration will not pursue the remaining $350B of the bailout package, sources say, allowing the incoming Obama Administration to make the decision. [View news story]
I am glad Obama will not get the free look here. If Bush puts the money to work, and where he allocates the funding is a bust, he will be blamed. On the other hand, if the money is used in a program that is successful Obama will take credit. Similiarly, to bailing out the Automakers- there is nothing that needs to be allocated in the next 2 months. Why do we have to rush to throw more $$$$ at an Industry and Management team that has been failing for years.
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I am glad Obama will not get the free look here. If Bush puts the money to work, and where he allocates the funding is a bust, he will be blamed. On the other hand, if the money is used in a program that is successful Obama will take credit. Similiarly, to bailing out the Automakers- there is nothing that needs to be allocated in the next 2 months. Why do we have to rush to throw more $$$$ at an Industry and Management team that has been failing for years.
Nov 17 15:40 pm
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All Comments by SLAR250 »The Bush Administration will not pursue the remaining $350B of the bailout package, sources say, allowing the incoming Obama Administration to make the decision. [View news story]