Mitt Romney says he deserves "a lot of credit" for the recent successes of the nation's largest car companies.
Wow, time to buy a bigger Etch A Sketch!
Yes, while campaigning in the backyard of America's auto industry, the GOP presumptive presidential nominee revived the debate over the government bailouts of General Motors and Chrysler.
"I pushed the idea of a managed bankruptcy, and finally when that was done, and help was given, the companies got back on their feet," Romney told an Ohio television station yesterday during an interview from inside a Cleveland-area autoparts maker. "So, I'll take a lot of credit for the fact that this industry has come back."
But Romney deserves NO credit for the auto rescue.
When he wrote Let Detroit Go Bankrupt in November 2008, Romney was living in a complete fantasy by thinking that private funding was available during the reorganization of those auto companies.
Nearly all the experts, including then-Vice Chair of GM (and self-described conservative) Bob Lutz, agree that the government's $81 billion bailout was the only source of financing to keep the automakers alive through bankruptcy.
"He (Romney) thinks we didn't try to borrow money from the banks," Lutz told the Detroit Free Press in February. "The banks were even more broke than we were. Who had the money?"
Even Republicans who have endorsed Romney are dumbfounded by his latest take on the auto rescue.
"Romney said that he was responsible for the auto bailout?" asked Sen. John McCain today in disbelief.
Leave a Comment:
Robme missed his calling in life, he should have been a used car salesman.
And filling the engines and trannies with sawdust.
That may be an insult to used car salespeople. He should have been a pimp. Wait, he is a pimp.
Your making me laugh.....Hope. He wouldn't even make a good used car salesman, and the only thing he could pimp would be a republican policy and somethimes he can't even do that.
He is a Vulture Capitalist Pimp !
next thing you know he'll claim to have invented the internet.
next thing you know he'll claim to have invented the internet.
#2 - Tue May 8, 2012 5:01 PM EDT
Who do you think Governor Mitt Romney is Al Gore????
good one comrade melinda - soon you will be as funny as old friend mika. i notice you only have 13 posts today. not bad but comrade scott-386058 has 39 today last count just today. he is real pro. like stalin always said "quantity has a quality of it's own". eugeniepatstheduck is better to compare with though he has better material than you do. perhaps if you read his posts then just copy them it will help you get your numbers up. i am big fan and hope you make eugenie eat your dust.
http://www.youtube.com/watch?v=inxnx2fPg2g&feature=related
Obama laughs it off and say it is a load of you know what>>>>>>>
Who do you think Governor Mitt Romney is Al Gore????
Nah. I think he's Tommy Flanagan.
maybe he'll claim to be able to read Egyptian hieroglyphics
Romney is just doing what the rest of the GOP has been doing for a while now. He expects to be able to say anything at all, whether true or not, and be given credit. Those who don't give him credit will be cast as part of some liberal media conspirancy.
Because he thinks people are stupid just like the GOP thinks people are stupid !!!!!!!!
kutlass, I'm afraid people will be stupid in Nov. and put the same idiots in office that gave us "Corp. are people" and citizens united. Unimformed short sighted voters that can't see beyond three years ago might be the doom of this country as we know it.
Mitt Romney is as mad as a hatter. He has lost contact with reality.
I don't want this whack job near the white house!
I'll give him credit....when he starts telling the truth. The man lies about his own name!
OK. Give him credit...but don't elect him!!!!
Willard, you don't take credit; you earn it, this isn't Bain Capital.
Mitt the Twitt takes credit for saving GM and Chrysler??? Mitty, what about saving Rambler >your father ran Rambler into the ground<, Edsel, Oldsmobile, Dusenberg, Hudson, Pontiac, Hummer, Baker Electric, Nash, SAAB, DeSoto, AMC, Kaiser, Willys, Packard, Tucker, Plymouth, Studebaker, Yugo, Zill and many other defunct brands. Mitt, you have huge gonads and a tiny brain to think you saved GM and Chrysler and want the credit then you need to take the blame for the failure of these other defunct brands. While I'm at it, you're responsible for the sinking of the Andrea Doria, Lusitania, Titanic of course, DC-10 jumbo jets crashing.....you're a pompous self-entitled @!$%#!
This clown thinks he should get an Olympic medal too!!!!!!
According to the lush......romney said he was not going to criticise Obama.....WHAT?
http://www.youtube.com/watch?v=cJEMAJwZmU0&feature=relmfu
Clown coo coo land. The clown has two faces !
Mitt should wear a Clown Costume to the Debates this Summer, maybe he can claim he's the Real Bozo the Clown also!!
OMG. I just read this. This is hilarious Rob ! Maybe he can claim to be the one who discovered penicillin, invented light bulbs, and won the Civil War !! Yeee hah you big fat liar !
If Rob-me is such a a good Businessman why didn't he open is own Financial company!!!!!!!!!!!!! Why did he leave Bain Capitol if he was doing great things for the company !!!!!!!!!! Just wondering !!!!!!!!!!!!!!! Sounds like he is all fluff too me!!!!!and the Company got rid of him!!!!!!!!!
Well what he said was true. He told people to let GM file for bankruptcy, and that would bring it back.
So Obama beholding to the unions used tax payer money to buy class A stock, then GM filed for bankruptcy, but made it look the other way around.
Then GM did an IPO at $32 a share, the price has been south of that sense.
In the mean time the bond holders of the old debt got screwed.
Thanks Obama.
If by true you mean "don't give them a bailout" and it was the bailout that saved them then perhaps
Romney said don't bailout them out if you knew something about economics you'd understand you can't have a mananged bankruptcy unless you got something to manage that's called liquidation
Stupidita are you drillbaby (dingbrat)? You sure sound like him.
Romney's statements are absurd! He's not just a liar, he's an absurd liar!
Obama/Biden 2012
Well I guess we may have jumped the gun Elizabeth Romney after all was for the bailout......and he also wasn't for it. Now he's gone back to being for it. Just like he is on gun control, abortion, the wars.....
Next Mitt will say he actually gave the order to take out osama bin laden.
No, he just says,"ANYONE would have given the order to kill Bin Laden! Even Jimmy Carter!" As if...
The Republicans wanted to keep Bin Laden alive and in hiding, to use as a boogeyman so they could ramp up the Fear Machine whenever they wanted to, usually before elections to claim Democrats were soft on defense...
Exactly David. The Republicans and Haliburton made way too much money off of their phoney hunt for Bin Laden to take him out. They never intended to do that.
speaking of bin laden, the repubs are now trying to "swiftboat" President Obama on the killing of bin laden.
"As the politics turn"...same o same o saying what people want to hear...no facts...HAHAHAHA....makes me just laugh and wait for another statement to come....
SAD that people really believe this crap! What else will he lie about..how can you trust him to tell the truth ..... to anyone!
mamaJUdy - you can't Romney doesn't know how to tell the truth...
They can't help themselves they are members of the gop.... Does give you a laugh, cause they will try to make you believe anything.
http://www.youtube.com/watch?v=SXlqcXsUM84
So is this Romney's way of saying "President Obama did very well and demonstrated extraordinary leadership" by trying to copy him?
Imitation is the sincerest form of flattery! Why 'Thank you' Willard!
Obama/Biden 2012 FORWARD
LOL Dem E. I guess that makes Willard a monkey and a clown and a pimp. My goodness he is a colorful if insincere man !
He sure thinks a lot of himself doesn't he? I would say he is delusional as well as egocentric.
I agree, Tod. Romney acts as if he actually believes what he says. The man gets scarier every time he opens his mouth.
Does he actually think he can get away with that?? There's too much video out there contradicting him! But, he says so many different things, it's probably hard for the old boy to keep it straight.
So let me get this straight the UAW causes the problem in the auto industry and needs a government bail out-Rommney takes the credit and Obama has to bail out his buddies at the UAW-Does it really matter?
Except the UAW has nothing to do with the big 3 auto corporations the CEO's are in charge of the big 3. Good lord don't you tea baggers know anything.
And lets not forget how many concessions the UAW gave to help the auto industry out.
Really the CEO's are in charge-why are labor and legacy costs such a drag on building cars
CEO's were also in charge of Bear-Sterns and Lehman Brothers, what did they collaps?
Made bad loan buys that turned out not to be worth the paper they were printed on. That is what happens when a company is tricked into buying loan bundles as triple A credit ratings and finding out they were scammed.
HELL NO!!! He must be getting his talking points from our horrible Governor Walker!!!
So let me get this straight-Obama has to bail out his buddies in the UAW because they caused the crisis and Romney claims the credit. Maybe the people who caused the problem in the first place should be more to blame than the person who claims to take credit for the solution.
You appearantly only listen to BS. Do some checking an see how mush the UAW/workers gave up to help the companies. Then look up how much the CEO's were getting. Even while the companies were struggling. But continue hating unions while you enjoy the benifits unions have gotten for most workers.
UAW gave up only a small part of what they got a long time ago-why should someone continue to receive benefits for a period of time longer than they might have been employed. Hell between paid time off and requiring companies to employ more than the necessary employees to run the factory you have to be kidding
Bobby, do some research and you'll find that UAW workers make half of what they used to make. Management and workers BOTH made concessions to get the company back on it's feet again. Sounds like you suffer from a sad case of Union envy.
Why are the only stories you rant about concern your union buddies and how they have over priced themselves and then when taxpayers can't pay for it they are "underattack".
This from a guy who believes the UAW owns and operates the big 3.
BTW not a tea bagger-why do liberals have to attach a name to everyone?
Bob
I see you are just getting started. You need to do at least 15 posts a day to be taken seriously. To see how a real professional works check out scott-3860658. He did 39 posts 5/08/12. I once clocked him doing 14 in a single hour! It took you all day to do 6 with out even any decent copy and paste jobs. If you are not serious about your work - go post here instead
http://farmprogress.com/prairie-farmer-blogs-prairiegleanings-2-fcb
They would at least be real familiar with your output.
When you come in here spewing right wing nonsense like a typical tea bagged republican don't blame us for calling you a tea bagging republican. Oh yeah libertarians are just tea bagging republicans who smoke pot.
Who said Mitt left Bain and we will never know because his money is out of this Country just like his ideas.
I wish I could be one of those people that gets polled. I would say, "I don't understand why the Republicans would put this lying, flip-flopping, moderate up as their candidate for President. He wouldn't know conservatism if it bit him in the ass." What this country tends to forget is that President Obama inherited the fiscal mess that we're in and he did what he had to do to save the car industry & Wall Street. He didn't let Detroit go bankrupt! The economy is improving, slowly, but improving. He got bin Laden, giving the American people a reason to know that the government did not give up on getting this maniac. Mitt Romney takes credit for other people's accomplishments. Do you know what we call this type of person? A cheater, a plagirizer. I can't wait for the debates to begin so that this man can be called out for all the lies & untruths that have been told in order to confuse the American people. Mitt Romney may say that he can be improve the economy and he can believe that it's his "turn" to be President, but I say this country needs a man of integrity & Mitt Romney is not it.
All these positives mean nothing to the GOPer's. Obama could save the world from an alien invasion, but to them he would still be BLACK! And that is the kicker. And if you think that Racism is not an issue, check at the latest, "the difference between Japan & New Orleans".
cxalma,
i agree with you.
the repubs didn't want mitt, BUT IT IS HIS TURN.
as Chris Matthews says, "democrats fall in love, repubs fall in line".
this time they really resisted the inevitable, most of the repub candidates had their moment as the front runner. but, eventually mitt took the place we all knew he had coming; the repub nominee for president.
that's all we need to know-IT'S MITT'S TURN.
antigolfer,
i agree with you.
Willard Romney is a pathological liar. We all remember when he said let them go bankrupt and he was against bailing out the automotive industry. Romney has a big problem with honesty.
The guy is a liar; he'll do anything to win the presidency and he walks funny
My brother recently had a car accident and his premiums sky rocketed, and he heard about "Clearance Auto" and now his premium is lower with same coverage. If anyone is interested search online and find them.
like I keep saying G.O.P.(GROUP OF PHONIES)
At the beginning of her show yesterday, Jennifer Granholm nailed Romney to the wall on this issue.
As the governor of Michigan during the auto melt-down, she was in the heart of the fight as to why America needed to save our auto manufacturing companies.
I know we are all "MSNBC” fans here...but the ‘WAY’ in which she took him down should be in the Dems playbook in every state for the next six months on every issue Romney uses in an attempt to “confuse” just “who is who” and “who stands for what” in this election!
In spite of his lack of integrity, one thing is clear…
The strategy of the flip-flopping lies that Mitty uses as the foundation of his campaign has been denied on this issue!
Jennifer Granholm is another arrow in our quiver, as one who actually knows what truth in reporting "IS"…AT ITS BEST!