Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit By Christopher Cole Law360 (April 16, 2019, 7:20 PM EDT) -- Chrysler made its own decision to declare bankruptcy and accept …

$1
OFF

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit

2 weeks from now

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit By Christopher Cole Law360 (April 16, 2019, 7:20 PM EDT) -- Chrysler made its own decision to declare bankruptcy and accept …

dealerlaw.com

$1
OFF

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit

2 weeks from now

Chrysler made its own decision to declare bankruptcy and accept a multibillion-dollar federal bailout in 2009, so the government can't be blamed for the booting of hundreds of auto dealers …

law360.com

$23
OFF

Obama's United Auto Workers Bailout | Mercatus Center

2 weeks from now

Jun 14, 2012 · President Obama touts the bailout of General Motors and Chrysler as one of the signature successes of his administration. He argues that the estimated $23 billion the …

mercatus.org

$1
OFF

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit

2 weeks from now

Chrysler made its own decision to declare bankruptcy and accept a multibillion-dollar federal bailout in 2009, so the government can't be blamed for the booting of hundreds of auto dealers …

law360.co.uk

FAQs about Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit Coupon?

Did Obama bail out the auto industry?

President Obama did not bail out the auto industry. He bailed out the United Auto Workers. President Obama touts the bailout of General Motors and Chrysler as one of the signature successes of his administration. He argues that the estimated $23 billion the taxpayers lost was worth paying to avoid massive job losses. ...

Is Obama's bailout of the auto industry sound fiscal policy?

Despite the views of free marketeers and free traders, about 7.25 million people are grateful for the stability that Obama's auto industry bailout brought and are now paying taxes and buying stuff to help the economy. ...

Did Obama really save the Detroit auto industry?

More Like a $23 Billion Gift to the UAW Bailouts: In speech after speech, President Obama credits himself for saving the Detroit auto industry. Turns out that what Obama really did was spend $23 billion in taxpayer money to pay off his union friends. ...

How much will the auto bailout cost taxpayers?

The Treasury expects the auto bailout to ultimately cost taxpayers $23 billion. The funds diverted to the UAW account for the taxpayers' entire net loss. Avoiding these losses would have been straightforward. ...

Did Obama up the bailout ante?

On the surface, it seems to be true. Obama did up the bailout ante that President Bush started in 2008. And Detroit carmakers are doing better these days. In May, GM announced a $1 billion profit in Q1 2012, and Chrysler announced bigger-than-expected profit for the first three months of the year. ...

Would GM and Chrysler have survived without the bailouts?

In May, GM announced a $1 billion profit in Q1 2012, and Chrysler announced bigger-than-expected profit for the first three months of the year. But the reality is even without the bailouts, GM and Chrysler likely would have survived. ...