Romney Claims The Feds Gave GM To The UAW And Chrysler To Fiat - Bankruptcy Would Have Been A Better Option

Romney is on target.

wow the anti-CAPITALIST are everywhere. He took several companies and turned them around. You have to cut sometimes to grow. Remember the goal of a company is to make money. The result of this money is that they stay in business.

"Perry noted in an email from his campaign that Romney had backed support for automakers during the 2008 Republican presidential campaign"


My, how the worm has turned! "With friends like these...." Gotta love politicians who are heavy on talk and short on substance!!

he never supported giving GM to the UAW. He supported managed BK. Restructure the bad debt and the bloated pensions. Never happened and GM was given to the UAW and the UAW helps Obama with is billion dollar war chest.

"Define "support"


He is a politician in an election cycle, why don't YOU get a straight ANSWER from him!!! And when you do, have him give it in Detroit!!!


And, my, oh my, 1911!! Did you not see the (" ) marks???? That means PERRY said that about your beloved politician! Don't kill me! I am just the messenger!!! Ask PERRY what Romney meant!!!!

I think Parry said da um ... I forgot dooooh

Koch brothers send me a bag of Tina each week so i will support the tea party. The millions the George Sorros types give to destroy America doesn't matter only the Koch money matters

Romney wrote an op-ed in the WSJ sometime in the Fall of 2008 taking the same position then and he outlined in Michigan yesterday. GM in particular was an outrageous give-away to the UAQ. Billions to fund their unfunded retirement liabilities and large amount of equity that had no justifiable basis in law. A massive payout for campaign support that is unprecedented in it's scale and audacious trampling of bankruptcy law.

<---right-wing blogger

Remind me what went wrong with the bailouts? Chrysler paid back early and is increasing production on home soil in a big way, and GM is on its way to a full payback, with nice quarterly profits and global growth. Jobs were kept. More are added. Supply chains are healthy again. Now if they could just compel me to buy a GM or Chrysler product.

Obama should not pick winners and losers. The problems we are having now is that a company is to big to fail. Allow companies to go bankrupt. If they can survive in the market they will come out of bk.

The entire argument was pro-union. States like South Carolina are booming and employees are making money in the auto industry. Detroit is failing because Unions have stolen so much money from their employees and the companies they work for that they are going out of business. Real unemployment in Detroit is 25%. When will people learn?

LOL. Stop confusing political handmaidens with facts. Facts be damned.

Romney is 100% correct and I will never buy or lease a GM or Chrysler product.

My next car will be an American made car like Toyota, Honda, Hyundai, BMW or Mercedes.

To hell with the UAW!

Oh Mittens.....what will you say next week...?

The problem as I see with conservative Republicans and Tea Party goers is this. They seem to completely gloss over the fact that letting these car companies go into a liquidated bankruptsy would have cost so many thousands of jobs.The ripple effect is far more forclosures, a further destruction of the housing market,unemployment ticking up from 9 % now to probably over 13%. At the time the decision was made to do the bailout how tight were any of the lending institutions? Extreemly tight!! Mitt Romney is a sucessful business man no doubt. However he and Tea party people don't understand the pain people feel in their lives when they can no longer afford the basics of living-IE-a roof over your head, food to eat,medical care, transportation. I think Romney thinks that the richest 1% will be able support the entire GDP. The rest of the country I guess just gets dumped into a contruction pit with the hope that a few might crawl out.Romney wants our country to be like Great Britian. No nation manufactoring would exist. Every bit of manufactoring would be an import transplant. Are we to simply be the Eastern province of China?I don't think I could stomach their diet.

Leave it to a leftist like billfrombuckhead to bring race and nazi comparisons into the conversation. Truly disgusting, but that's what we've come to expect from the left.

Let me break it down for you, bill, badgewhore and int'lmom. GM success and US success no longer go hand-in-hand. In fact, in one crucial way they're mutually exclusive. GM's ownership by United Auto Workers union (orchestrated by Obama in return for political donations), means that GM success translates into more UAW influence in American politics and therefor more political bribery, more union thuggery, less U.S. economic competitiveness, and ultimately, more damaging anti-american politicians/policies in Washington D.C.