Bush's Auto Bailout is Cronyism: Cerberus Capital Mgmt and Dan Quayle


	Bush's Auto Bailout is Cronyism: Cerberus Capital Mgmt and Dan Quayle

blueridge

12-19-2008 11:58 PM

816 views

tags:

bush, auto bailout, dan quayle, cerberus capital management

blueridge says:

"Why would George W. Bush choose to bail out two companies controlled by Cerberus Capital Management, which is controlled by Bush cronies?" Savage asserts Bush is bailing out not the two automakers, but the Financial Group that holds large shares headed by cronies! Dan Quayle of course was VP under George H. W. Bush.

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from December 19, 2008

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color:#e5e5e5;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/af775ee6-9148-4544-8827-83da6f47bbb3/41BFF25D-2ECA-48D8-B7C2-70482F01A89D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://michaelsavage.wnd.com/" href="http://michaelsavage.wnd.com/" style="font-size: 11px;">michaelsavage.wnd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/michaelsavage.wnd.com/img/CD51D157-D336-4ED4-BE8F-35CEC4133B16" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/"><table background="undefined" bgcolor=""><tr><TD valign="top"><STYLE type="text/css">
A:link {text-decoration: none; color: #000066;}
A:visited {text-decoration: none; color: #000066;}
A:active {text-decoration: none; color: #000066;}
A:hover {text-decoration: underline; color: #000066;}
</STYLE><FONT face="impact,sans-serif" size="4" color="Navy"><A href="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131">Bush cronies tied to auto bailout</A></FONT><P><FONT face="arial,sans-serif" size="2"><B>(MichaelSavage.com) Why would George W. Bush choose to bail out two companies controlled by Cerberus Capital Management, which is controlled by Bush cronies? ...</B></FONT></P></TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/michaelsavage.wnd.com/img/15181721-AE6D-45B7-A4DB-7ED26DC5062B" alt="" /></div></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content8.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131" href="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131" style="font-size: 11px;">michaelsavage.wnd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><STRONG>The Cerberus Bailout Connection</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><FONT size="5">Bush gave General Motors Corp. and Chrysler LLC up to $17.4 billion today.<BR /></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><FONT size="5">Cerberus bought 80.1 percent of Chrysler from Daimler AG for $7.4 billion in 2007. Cerberus said it doesn’t have the funds necessary to bail out Chrysler.<BR /></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><li style="margin-left:16px;padding-left: 0px;"><FONT size="5">General Motors sold a 51% stake in its GMAC finance unit to an investor group led by Cerberus Capital Management in November 2006.<BR /></FONT></LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><FONT size="5">On Oct. 19, 2006, John W. Snow — President Bush's second Secretary of the Treasury — was named chairman of Cerberus.<BR /></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3131"><FONT size="5">Dan Quayle is chairman of global investments for Cerberus Capital Management.<BR /></FONT></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/41BFF25D-2ECA-48D8-B7C2-70482F01A89D/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips