[quote=Casca] Would Bush have nationalized the banks and the auto companies as Obama has done? Given ownership to the unions? I doubt it. He acquiesed to TARP as professional courtesy to Obama. He did it because Obama asked him to do so, and he wanted to position Obama to execute a cohesive policy, no matter how wrong-headed.[/quote]
Sorry.
Bush gave the Autocompanies $20 Billion in cash, no questions asked.
At least with a nationalization, the taxpayers got the stock cheap.
hopefully it will be sold off soon
Bush gave 700 Billion in TARP to the Banks, whom we had no financial
duty to help.
Bush/Paulsen and the Fed gave 13 trillion in guarantees to the
major financial companies including the chinese holding all those
fannie mae bonds.