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[quote=Anonymous][quote=jsteele][quote=Anonymous]
http://money.cnn.com/2012/05/08/news/companies/romney-auto-bailout/?hpt=hp_t3

Romney is right that the 2009 bankruptcy reorganizations at GM and Chrysler played a major role in the turnarounds at those automakers. It allowed them to shed billions in debt, along with plants, workers, brands and dealerships they could no longer afford.
And he's correct that the automakers and the United Auto Workers union were initially opposed to the bankruptcy process, uncertain that the companies would survive what they expected could be months if not years in bankruptcy court.[/quote]

Are you seriously go to argue that Romney deserves credit for saving the auto industry? If so, you are taking some awful good drugs.

Romney opposed all the auto bailouts implemented by Bush and Obama. Without those bailouts, the companies would not have survived long enough for the managed bankruptcy. That is all made clear in the article to which you linked. Yes, Romney supported the type of bankruptcy with which he became acquainted at Bain Capital: strip the companies of their remaining assets and then close them down. He did not support the path taken by President Obama which involved repeated government investment allowing the companies to survive until a managed bankruptcy could put them in a position to return to strength -- which they have.

Romney is a shameless liar. The fact that you would actually support his lying is very discouraging.
[/quote]

I pasted an article on CNN I didn't say anything else, CNN talked for me[/quote]

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