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https://www.thebalance.com/auto-industry-bailout-gm-ford-chrysler-3305670
The auto industry bailout of GM, Ford, and Chrysler cost $80 billion. It's mostly been recovered. Learn what happened and whether it was worth it.
https://thehill.com/policy/transportation/228836-obama-auto-bailout-was-the-right-thing-to-do
President Obama said Wednesday that the federal government’s $80 billion bailout of the U.S. auto industry was the “right thing to do” during a speech in Michigan on Wednesday.
https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008
The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008," was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush.The act became law as part of Public Law 110-343 on October 3, 2008, in the midst of the financial crisis of 2007–2008.
https://www.chicagotribune.com/business/ct-obama-economy-robert-reed-110-biz-20170109-column.html
Jan 09, 2017 · In the early days of his presidency, Obama also backed an estimated $80 billion bailout of the foundering American auto industry, which ended up saving thousands of …
https://www.forbes.com/sites/mikecollins/2015/07/14/the-big-bank-bailout/
Jul 14, 2015 · Most people think that the big bank bailout was the $700 billion that the treasury department used to save the banks during the financial crash in September of 2008. But this is a …
https://www.politifact.com/truth-o-meter/article/2012/sep/06/did-obama-save-us-automobile-industry/
Did President Obama save the auto industry? By Jon Greenberg on Thursday, September 6th, 2012 at 1:18 p.m. In 2010, President Obama visited a Chrysler plant in Detroit, Mich.
https://www.icl-fi.org/english/wv/1011/bailout.html
Bush/Obama and the Bank Bailout. During the 2008 election campaign, we called Barack Obama a “Wall Street Democrat” when the bulk of the left was openly or backhandedly pushing his candidacy. During the intervening four years, Obama has amply confirmed our characterization.
https://www.rollingstone.com/politics/politics-news/secrets-and-lies-of-the-bailout-113270/
Jan 04, 2013 · Secrets and Lies of the Bailout The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme.
https://www.factcheck.org/2011/10/obamas-solyndra-problem/
Oct 07, 2011 · Obama, Oct. 6: Solyndra — this is a loan guarantee program that predates me that historically has had support from Democrats and Republicans as well. And the idea is pretty straightforward: If ...
https://www.forbes.com/sites/davidkiley5/2016/01/20/obamas-takes-victory-lap-over-auto-industry-rescue/
Jan 20, 2016 · Opinions expressed by Forbes Contributors are their own. ... as Obama did, but not with help from the U.S. Treasury so they could have a “controlled bankruptcy.” ... Support for the bailout ...
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