What do you think about government bailouts now?
U.S. Declares Bank and Auto Bailouts Over, and Profitable
http://www.nytimes.com/2014/12/20/business/us-signals-end-of-bailouts-of-automakers-and-wall-street.html?_r=0 - By JONATHAN WEISMAN - DEC. 19, 2014
the bailouts were assumed to be enormous drains on the federal Treasury. Yet in the end, the Troubled Asset Relief Program and the Detroit bailout yielded $15.35 billion in profit
, Treasury officials said Friday.
“The American auto industry is on track for its strongest year since 2005,” Mr. Obama said. “And we’ve created about half a million new jobs in the auto industry alone.”