Vice President says Bush pushed GM headache onto Obama. Cheney, not Biden.
4th June 2009

What Bush was doing instead of dealing with the economic crisis
Former Vice President Cheney recently accused former President Bush of failing to deal with the imminent collapse of General Motors during the last months of his presidency, preferring instead to give GM just enough money to survive until Bush left office:
Former Vice President Dick Cheney says that former President George W. Bush did not want to be the one who “pulled the plug” on General Motors and instead decided to pass on the issue to President Barack Obama.
“I thought that, eventually, the right outcome was going to be bankruptcy,” Cheney said, “[GM] 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,” he said. “And the president decided that he did not want to be the one who pulled the plug just before he left office.”
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.”
Actually, that sounds perfectly reasonable. In fact, it sounds very much like Clinton’s response to the bombing of the USS Cole. Remembering the way George the Smart had gotten entangled in the Somali conflict during the final days of his administration, Clinton decided not respond directly to the bombing of the Cole so that his successor would be able to formulate his own policy and his own response.
The only difference between Clinton’s response to the Cole bombing and Bush’s response to GM’s unraveling is that Obama actually grappled with the problem he had been handed, while Bush ignored the Cole bombing and al Qaeda, the organization behind the attack.
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Just because I’m feeling generous, here’s a bonus video of Bush working hard:
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