I don't think that most thinking people oppose the bailouts. The financials are either completelypaid back or will be soon. Chrysler may never by. It's owned by Fiat.
Offering a bail out to GM was not a completely bad idea, but the the execution was done with the goal of saving the UAW. How so? The bail out was made because the lack of a bail out was said to be the wsure road to a reorganization. What would have happened in that case?
The UAW would have been out in the cold.
The bail out was made. The reorganization occurred and one of the provisions was that the union would remain intact. This is complete and utter cronyism.
The Bail outs were needed if distastful.
The Failed Stimulus was outright theft. That the argument is about bailouts instead of the Failed Stimulus is proof of the domination of the debate by the benificieries of the paybacks, bribes and graft a of the Failed Stimulus.
The Big 0 will not be viewed as a great President or even a great man when all of this is over. He handed his authority over to the corrupt and Marxist Nancy Pelosi and Harry Reid and he thereby abandoned any grasp on his own Presidential destiny.
The worst thing a President can be called is weak. The Big 0 is the weakest President in modern history.
First of all, "saving the UAW" as the only reason for the bailout of GM and Chrysler is a misnomer. However you want to condense it to make it
look like political maneuvering only, without the bailouts of the auto companies, millions MORE would have been laid off, looking for work, looking for unemployment compensation (and extensions), and needing to get on the government "welfare" system. So if no auto bailout is what people wanted, they had no clue how much more devastating it would have been NOT to prop up the #1 industry in the United States.
Second, the stimulus package was NOT a "theft." That's another buzzword offered up by the right wing noise machine. There is evidence all over the place (exept on Fox, et al., of course), that stimulus money indeed got projects moving, saved states from bankruptcy (which were also suffering from
lack of projected revenue due to the economy), and kept many people from the unemployment lines, even if temporarily. More than half of the stimulus money targeted tax breaks for small businesses, yet business leaders continue to shout that "Obama isn't business friendy." Did some states misuse their stimulus funds? Indeed they did. Was there fraud? Isn't there always some crook looking to make a buck at the expense of the taxpayer?
Finally, a sitting president has a Constitutional obligation to work with and through the two legislative branches. He can't just dictate the way his preferred policy will be enacted. So to allege that he "turned over" anything to Pelosi and Reid is another misnomer. He had no choice. It took over a year to get a final bill passed, which would indicate to any "thinking" person that a LOT of compromising was taken into consideration, including, contrary to what you won't hear on FoxNews, over 100 amendments put forth by Republicans.