by Benjamin J. Kirby
Only in the current iteration of their entirely morally and philosophically vacant politics would the Republicans be on track to nominate a man who wrote a New York Times op-ed in 2008 entitled "Let Detroit Go Bankrupt," and then today claim credit for the auto bailout success.
Eric "Etch-a-Sketch" Fehrnstrom said. “The only economic success that President Obama has had is because he followed Mitt Romney’s advice.”
If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.
ABC News, in February of this year:
General Motors earned a record $7.6 billion profit last year, the highest profit in the company’s 103-year history. It sold 640,000 more cars and trucks in 2011 than it did in 2010 and took in a total of $105 billion.
And for the record, the Obama Campaign website, today (and the truth):
President Obama made the tough and politically unpopular decision to extend emergency rescue loans to the American auto industry, saving more than 1 million jobs and preventing the loss of over $96 billion in personal income—and the collapse of manufacturing in the Midwest.
You know, I saw this the other day, and thought it was really good. Clinton is talking about the decision to go after bin Laden in Pakistan, but he could have been talking about just about any decision the president has to make.
And Obama made a tough decision on this one, and it paid off.
And now Romney's stealing it. In the bright light of day. Just going to try and walk off with it.
I hope the tea party weirdos who screeched loudest about the auto bailouts are watching all of this.