It;s only fair to post the White house's response.
It would be better if Fact Checker stuck with the facts as well instead of making assumptions and playing up differing sympathies while critiquing issues that occured in a very scary point of time.
Those loans were made to the Auto Industry during a period of an intense meltdown. I will say that I truly believe without the extra 8 + billion in loans, the US would be looking at a 4 billion dollar loss on the short side instead of a 1.3 billion dollar loss.
Older than I just was ,and younger than I will soo be.