why didn't Bush just use some of the TARP money for the Big Three to begin with?

[Syrinx]

Bush/Cheney/Paulson earlier vehemently rejected the idea of a using a small fraction of the TARP money to bail out the "big three" automakers, resulting in the Congressional soap opera we have just witnessed. Now that those particular dogs and ponies have bedded down, it seems the administration is inclined to dole out the cash from the TARP after all.

Why didn't they just do that in the first place?

It looks like Bush doesn't want to add the death of the American automobile industry, and quite possibly a depression, to his already horrifying legacy, so why didn't he agree to have Paulson lend the money to the car companies in the first place?

Could it be because that money, which, by their own admission, is not really being accounted for at all, would come out of funds already earmarked by the Bush cabal for offshore accounts?

Or at least that they are trying to squeeze as much federal money into the private hands of super-wealthy allies as possible, to reward the financial elites, who they believe, by definition, are morally superior to the rest of us?

While they're at it, they're pushing the baby a little deeper into the filthy bathwater.

:tinfoilhat:

[shraby]

1. Cause Bush likes to "ride to the rescue" then he can

ride off into the sunset on his white horse hoping nobody notices the death and destruction he leaves behind him.