So I was wrong, it seems...

My visceral reaction initally back in 2008/2009 of "let them fall, let it all crash and we'll rebuild without the added government debt"...well, let's just say Thank God I wasn't in charge.
That's the thing--we can't possibly know what would have happened if you had been in charge. Maybe the companies would be doing far better right now if you were. :)

We only know what was done. And it was pretty much inevitable, because with the country already in an economic panic, Obama simply couldn't allow a big and highly visible company such as a Big Three automaker to collapse. Would've been really bad for his already-dicey chances at getting re-elected.
 
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