Romney Claims Bailout 'Was Crony Capitalism On A Grand Scale'

I am a son of Detroit. I was born in Harper Hospital and lived in the city until my family moved to Oakland County.

I grew up drinking Vernors and watching ballgames at Michigan & Trumbull. Cars got in my bones early. And not just any cars, American cars.

When the president of American Motors died suddenly in 1954, my dad, George Romney, was asked to take his place. I was 7 and got my love of cars and chrome and fins and roaring motors from him. I grew up around the industry and watched it flourish. Years later, I watched with sadness as it floundered.