Hugh Hewitt approves of Bush bailing out the big three:
This is cautious, responsible governance by a responsible president seeking to make his successor’s transition as smooth as possible.
I’m sorry to say I don’t find any of the assurances that the car companies will ever start making money persuasive. And the Bush gambit is of a piece with the rest of his legacy: a carefully wrapped ticking bomb that will explode over us slowly over the next decade. From Iraq to Afghanistan to Gitmo to the doubling of the national debt: it is a legacy of reckless, stupid governance by an irresponsible president trying to cover his ass on the way out.
(Hat tip: Cole)