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ProSense

(116,464 posts)
Wed Aug 1, 2012, 09:48 AM Aug 2012

Mitt's Etch-A-Sketch is broken: new ad attacks the auto bailout

Mitt spent the last year trying to take credit for the bailing out the auto industry.

Mitt Romney wants a round of applause for saving the auto industry

by Jed Lewison

Get a load of this:

Campaigning in the backyard of America's auto industry, Mitt Romney re-ignited the bailout debate by suggesting he deserves "a lot of credit" for the recent successes of the nation's largest car companies.

That claims comes in spite of his stance that Detroit should have been allowed to go bankrupt.

Okay, pick your jaw back up off the floor ... but get ready to lose it once again:

"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 said in an interview inside a Cleveland-area auto parts maker. "So, I'll take a lot of credit for the fact that this industry has come back."

This is pure, unadulterated bullshit. Romney repeatedly opposed the emergency loans (aka, "bailouts&quot that prevented the collapse of the American auto industry in late 2008 and early 2009 and he repeatedly criticized the way in which the Obama administration used managed bankruptcy to restructure GM and Chrysler.

- more -

http://www.dailykos.com/story/2012/05/08/1089675/-Mitt-Romney-wants-a-round-of-applause-for-saving-the-auto-industry


Now Mitt has an ad out attacking the bailout:



So which it it Mitt: Your idea or a bad idea?

Whichever, Mittwit. Thanks for the clip erasing your claim that you deserve credit.


President Obama's rescue of the auto industry is a big problem for Republicans
http://www.democraticunderground.com/1002622822

12 replies = new reply since forum marked as read
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Mitt's Etch-A-Sketch is broken: new ad attacks the auto bailout (Original Post) ProSense Aug 2012 OP
but if GM went under, this GM dealership would have been just fine. bunnies Aug 2012 #1
Exactly. Ganja Ninja Aug 2012 #5
Lame. What is the point he is trying to make anyway? corkhead Aug 2012 #2
I'm with you. reflection Aug 2012 #3
He makes Americans look like BumRushDaShow Aug 2012 #4
I confused SoutherDem Aug 2012 #6
I might believe a badly broken weather vane. Hubert Flottz Aug 2012 #7
LOL! n/t ProSense Aug 2012 #9
and if GM went bankrupt, his credit line from GM would have increased! gah what a fucking imbecile.. dionysus Aug 2012 #8
Hey, Mitt, remember when YOU tackled problem companies by curtailing operations? Jim Lane Aug 2012 #10
Romney is so screwed on this issue. Vattel Aug 2012 #11
There was an article in Sunday's WaPo titled "Let's dispel the myth of Glass-Stegal".... DCKit Aug 2012 #12

corkhead

(6,119 posts)
2. Lame. What is the point he is trying to make anyway?
Wed Aug 1, 2012, 10:57 AM
Aug 2012

Maybe the purpose is to inoculate the viewer from the coming onslaught of ads from the Obama campaign that talk about what Bain has done to ruin the lives and careers of the people who were employees of the companies they devoured.


reflection

(6,286 posts)
3. I'm with you.
Wed Aug 1, 2012, 11:02 AM
Aug 2012

I am trying to view this with a dispassionate eye, and I can't really tell what the hell the point is, or who the target audience is. It's widely accepted that the GM bailout was the right thing to do. Anyone in a state not affected by these closings won't care, and anyone in a state affected by it knows better.

I realize Romney's got a lot of extra money, but this just seems like a waste of money. Oh well, smarter people than me do this sort of thing, so maybe I'm missing something.

SoutherDem

(2,307 posts)
6. I confused
Wed Aug 1, 2012, 11:51 AM
Aug 2012

He was against the bailout until it saved GM,
then he wanted credit because it saved GM,
now he wants to show how Obama closed dealerships.

Well, Mittens, what would a full bankruptcy have done?
What would a those dealerships have done if no cars were being manufactured?

I have never seen someone like Romney. He wants to take all the credit, but share none of the blame. I know everyone calls him an Etch-A-Sketch but I think more of the Magic 8 Ball, or better yet a weather vane.

Hubert Flottz

(37,726 posts)
7. I might believe a badly broken weather vane.
Wed Aug 1, 2012, 11:57 AM
Aug 2012

Mitt couldn't operate a commode seat, let alone an Etch-A-Sketch!

This DUDE, is like if Jethro Bodine decided to run for president times about 2345678909898767621344321!

 

Jim Lane

(11,175 posts)
10. Hey, Mitt, remember when YOU tackled problem companies by curtailing operations?
Wed Aug 1, 2012, 08:21 PM
Aug 2012

Back then you called it "creative destruction" and it was wonderful.

You supposedly earned all those millions by identifying inefficiencies and purging them from the system.

It's not as if you actually ever built a car or anything else of intrinsic value.

 

Vattel

(9,289 posts)
11. Romney is so screwed on this issue.
Wed Aug 1, 2012, 08:28 PM
Aug 2012

The auto bailout was a huge success for Obama. Less appreciated was how Obama used the bailout to get better fuel efficiency standards. That was Obama at his best.

 

DCKit

(18,541 posts)
12. There was an article in Sunday's WaPo titled "Let's dispel the myth of Glass-Stegal"....
Thu Aug 2, 2012, 12:09 PM
Aug 2012

that caused me to have whiplash.

As many inches of newsprint that moran took to defend the bailouts, we could have left the investment banks go into bankruptcy, in a heartbeat, with no effect on the savings/lending side - had Glass-Stegal had still been the law.

We're still being lied to, still being used and, I think, we're about sick of it.

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