Originally Posted by
jsled
Only it was Paulson, Treasury Sect. under the Bush administration, not Jimmy Stewart, that brought the cash (also known as TARP). Lest we forget whose mess AND bailout this was. But how does this have anything to do with AMR and their loss? Did the government bail out papa United? NO they did not. Amr could file bk like DAL, CAL(2), LCC(2), UAL, and NWA if it came to it. No need for bailouts.
Just to be fair and avoid politicizing the thread, there are no serious people, either Democrat or Republican that did not think this was the right thing to do, including our current President. There is some debate about whether the tactics were exactly correct but not whether or not we needed massive intervention. From time to time you will hear demagoguery but that is not serious talk, that is pandering.