Former President George Bush received large ovations as he addressed for an undisclosed fee the National Automobile Dealers Association Convention yesterday in Las Vegas.
Bush’s thoughts on the controversial government bailouts of the U.S. auto industry was simple “I’d do it again,” he told standing-room-only crowd of mostly affluent, mostly Republican auto dealers who survived the Great Recession.
After Bush’s opening comments, 2011 NADA Chairman Stephen W. Wade led Bush on several conversational paths, including a discussion of the controversial bridge loans and bailouts, which led to the discussion of the taxpayer supported bankruptcy reorganizations of General Motors and Chrysler.