Ex President George Bush Endorses Federal Auto Bailouts


Bush said he didn’t want to see unemployment at 21% or dump on incoming President Obama with greater economic problems.

Former President George Bush received large ovations as he addressed for an undisclosed fee the National Automobile Dealers Association Convention yesterday in Las Vegas.

Bush’s thoughts on the controversial government bailouts of the U.S. auto industry was simple “I’d do it again,” he told standing-room-only crowd of mostly affluent, mostly Republican auto dealers who survived the Great Recession.

After Bush’s opening comments, 2011 NADA Chairman Stephen W. Wade led Bush on several conversational paths,  including a discussion of the controversial bridge loans and bailouts, which led to the discussion of the taxpayer supported bankruptcy reorganizations of General Motors and Chrysler.

About Ken Zino

Ken Zino is an auto industry veteran with global experience in print, broadcast and electronic media. He has auto testing, marketing, public relations and communications expertise garnered while working in Asia, Europe and the U.S.
This entry was posted in auto news, news, people and tagged , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *