Bush baulks at Obama's plan to use bailout money to save GM jobs
An ideological battle has erupted between George Bush and Barack Obama, with the outgoing President baulking at proposals to prop up General Motors, once the world's largest car maker, which could go bust by Christmas.
Despite the smiles for the cameras at the White House on Monday, a tense stand-off is flaring between the two. It is testing Mr Obama's assertion that "we only have one president at a time" and his desire to stay out of Mr Bush's way in the remaining two and a half months of his presidency. With car sales collapsing in a steadily worsening economy, the President-elect wants to avoid the prospect of tens of thousands of Democrat-voting union workers being thrown out of work just as he starts his term of office.
According to one account of their Oval Office discussions, Mr Obama asked Mr Bush to use some of the billions of dollars in the financial bailout package to prop up the car indust
Read more: http://www.belfasttelegraph.co.uk/news/world-news/bush-baulks-at-obamas-plan-to-use-bailout-money-to-save-gm-jobs-14055971.html#ixzz0rOwMUiRF
10 points please
oh yeah,
PWND