Of course-written by Google.Interesting when I google "what president authorized GM bailout" I get Bush.
Bush didn't have a clue what to do, and it happened in Oct, with him out by Jan. He summoned the two candidates to Washington, since they would be running whatever happened. McCain, like Bush, was unprepared to Bailout the Private Sector, since no one ever had. (And- in my opinion- ever should). Obama is a Government is god-type, and Loves Huge Government controlling every facet of our lives and businesses. He and his team had a Takeover Plan already in his kitbag. Screwed the Bondholders (our Central States and other Union Funds), to give control over GM and Chrysler to the UAW. Then he could order the car manufacturers what cars to build to meet his EPA goals (That's Facism, by the way). He pushed GM to build the Volt. The Car no one could afford, except Government agencies...
Bush DID Sign it. But he didnt design it.