GM and many related private sector jobs were saved despite those that were not, such as mentioned in the video. GM workers got an ownership stake.
Because of US ownership, the economy avoided a large further hit and the US could more easily get us to invest in important technology that would have otherwise also likely moved to China or given way to foreign competition. Because of US ownership, we now have a 54+ mpg requirement over the next decade and a half.
It’s unfortunate that we could not prevent all the vultures from grabbing their flesh, but it is noteworthy that of those vultures who did profit handsomely, we have Romney and Ryan.
Imagine if R/R had been in office. What kind of crap will they do to this nation to have it really reach bottom next time around?
..and I should add, you have a strange notion of what is a band-aid on a festering wound. Besides the above and many things I won’t mention (or don’t know), we could either kill the patient (Rom/Ryan) or else have what we now have where GM is back on top of sales and has significant innovation and where many Americans have been employed creating products that many people are buying.
Source Article from http://www.nationofchange.org/greg-palast-mitt-romney-s-bailout-bonanza-how-he-made-millions-rescue-detroit-1351093208