re: #120 Rightwingconspirator

Well, that article is in the extreme right wing Washington Times, and it’s by a blogger for Newsbusters, so I suggest it would be a very good idea to independently verify the claims. Because both of those sources are shameless liars.

But even if there’s a kernel of truth in this, the bigger question is: what would have been the effects on the US economy if the auto industries had gone bankrupt?

Answer: it would have been a catastrophe. Even if it’s true (which I doubt) that taxpayers will still be out $25B, this is a drop in the bucket compared to what it would have cost to let them fail.