Cheney admits it: Bush bolstered GM so it would fail on Obama's watch, not his

By GottaLaff

Typically BushCo-ian:

During an interview on Fox News last Tuesday, Cheney revealed that during his presidency George W. Bush did not want to be the one who “pulled the plug” on GM.

Why not? They pulled the plug on everything else. The U.S. was circling the drain under their watch.

“I thought that, eventually, the right outcome was going to be bankruptcy,” Cheney said, referring to GM. “It 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, and the president decided that he did not want to be the one who pulled the plug just before he left office.”

But by all means, Rushpublics, blame Obama. True to their usual M.O.

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.” This included the original $17.4 billion auto industry bailout package signed in by the Bush administration late last year, which was designed to give the incoming Obama administration some time to adjust and make preparations for the inevitable GM bankruptcy.

Aww, how thoughtful of them.