Statistically... he has over 6 years. I wonder if (Obama's reconfigured) General Motors will still be here that long?
The GM bailout was done by Bush #43. It was completed, and signed off by him. True, it after the elections, and Obama was the President Elect, but about a month before Bush #43 left office.
Your added information is semi-correct. Bush approved a bailout plan and gave General Motors
and Chrysler $13.4 billion in financing from TARP (Troubled Assets Relief Program).
But has nothing to do with my reference to The General Motors Chapter 11 bankruptcy and reconfiguration presided over by President Obama in 2009.
But this makes my point! This isn't stuff learned in a five second Google search. You've either learned this stuff or you didn't. Market forces have always been and will always be with us. We can either learn about what is happening and roll with it. Or we can just rant about what we wish, might, could, should, have been.
RE-acting to modern changes... is failure in motion. We need to collectively visualize and build a future that CAN include X10.