Here is what happened. Bush approved the use of money congress had approved for the Wall Street bailout to be used to give loans to Chrysler and GM. Yes, that is right, Bush ordered money that congress had authorized for another use, to be given to the auto industry, 17.4 billion dollars to be exact. This was not approved by the current congress, nor signed by the current president. A quick google search would have let you know this stuff, and would save you from making such egregious misstatements.
Now that you have these facts, you might want to revise your comments to bring them in line with the real world.