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Romney and the Bailout (Mitt's New Double Flip-Flop)
The New York Times ^ | 1-12-2012 | Paul Krugman

Posted on 01/12/2012 8:58:39 PM PST by TitansAFC

Like a lot of people, I was fairly startled by Mitt Romney’s new defense of his work at Bain: it was just like the auto bailout!

“In the general election, I’ll be pointing out that the president took the reins of General Motors and Chrysler, closed factories, closed dealerships, laid off thousands and thousands of workers. He did it to try to save the business,” Romney said on “CBS This Morning.” “We … had, on occasion, to do things that are tough to try to save a business.”

The first thought is, didn’t Romney write an op-ed titled Let Detroit Go Bankrupt? Yes, he did. But the title was misleading. What he actually called for was a “managed bankruptcy”, with government support — not too different from what actually happened.

So can Romney claim that he was for this successful policy all along? No, he can’t — because when the actual policy was proposed, he trashed it:...

So what the story of Romney and the auto bailout actually shows is something we already knew from health care: he’s a smart guy who is also a moral coward. His original proposal for the auto industry, like his health reform, bore considerable resemblance to what Obama actually did......

...And now he wants to claim credit for the very policy he trashed when it hung in the balance.

(Excerpt) Read more at krugman.blogs.nytimes.com ...


TOPICS: Government; Miscellaneous; News/Current Events; Politics/Elections
KEYWORDS: gingrich; newt; romney; sc

1 posted on 01/12/2012 8:58:42 PM PST by TitansAFC
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To: TitansAFC

Krudman is of no value


2 posted on 01/12/2012 9:01:37 PM PST by stubernx98 (cranky, but reasonable)
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To: stubernx98

I agree, Krugman is crap.

But the article does cite Mitt’s word and op-ed, and it is pretty clear that Mitt flipped, flopped, and now flipped again.


3 posted on 01/12/2012 9:05:32 PM PST by TitansAFC (Rick Santuckabee is 2012's version of Mike Huckatorum. Avoid Conservicide voting; support Newt!!)
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To: TitansAFC

Mitt “Shape-sifter” Romney will never win the General against Obama.

He is a liberal and his conservatism is all smoke and mirrors.

He is always too busy twisting himself into a pretzel trying to find the position he thinks will get him the most votes.


4 posted on 01/12/2012 9:05:50 PM PST by SoConPubbie
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To: TitansAFC

ROFLMAO......

It’s just a guess on my part, but seems like Romney might, he just might be regretting his decision to screw with Newt in such a dishonest fashion.

Mess with the bull and you’ll get the horns.

GO NEWT GO......


5 posted on 01/12/2012 9:09:45 PM PST by Gator113 (~Just livin' life, my way~..... GO NEWT GO.....!)
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To: stubernx98

Romney is just a joke. Plain and simple. The problem is, it is a very bad joke on Conservatives and America.


6 posted on 01/12/2012 9:18:15 PM PST by RIghtwardHo
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To: Gator113

Newt is like the Energizer bunny...he has been hit and slandered and lampooned over and over but he just keeps on going and going. He certainly does not have the glass jaw it appears that Mitt has.


7 posted on 01/12/2012 9:18:15 PM PST by ez (When you're a hammer, everything looks like a nail.)
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To: TitansAFC
Yikes! Krugman just put a nail in Romey’s forehead.

Krugman is one of those “brilliant but deluded” sorts. On occasion they return from la la land and nail one.

8 posted on 01/12/2012 9:28:56 PM PST by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: ez

Newt will be a very strong president.


9 posted on 01/12/2012 9:35:41 PM PST by Gator113 (~Just livin' life, my way~..... GO NEWT GO.....!)
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To: TitansAFC
This is crazy, the Republicans bash each other until we nominate a man that can't get enough votes to unseat Obama. Am I the only one that can see that the Donks are doing most of the bashing and a few whacked out Republicans are string the pot.
10 posted on 01/12/2012 9:37:17 PM PST by ANGGAPO (Layte Gulf Beach Club)
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To: SoConPubbie

1) Romney runs as a “conservative” during primaries

2) Romney runs as a “moderate” in the general election

3) Romney governs as a liberal.

Re-election season: Blame the liberal things you did on the liberals in Congress and claim nothing would have gotten done if you did not take the liberal measures you did and repeat steps 1,2 and 3.

THAT is Romney is a nutshell.

(Romney is John Kerry with an R next to his name but more respectful towards the military)

Video: The Real Romney (running to the left of Ted Kennedy) http://ow.ly/8rknZ


11 posted on 01/12/2012 9:49:43 PM PST by tsowellfan (Video: The Real Romney (running to the left of Ted Kennedy) http://ow.ly/8rknZ)
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To: ANGGAPO
Republicans bash each other until we nominate a man that can't get enough votes to unseat Obama

I agree. Except. I don't understand why the comment in this thread. This article is about Romney. Not about a republican.

12 posted on 01/12/2012 9:51:37 PM PST by tsowellfan (Video: The Real Romney (running to the left of Ted Kennedy) http://ow.ly/8rknZ)
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To: tsowellfan

Boy, you sure have his number.


13 posted on 01/12/2012 10:56:25 PM PST by SoConPubbie
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To: tsowellfan
Romney's VULTURE CAPITALISM makes Obama's MARXISM MOOT.
THAT is why the DNC wants him.

Romney makes Obama's liberalism MOOT.
THAT is why the DNC wants him.

Romney makes Obama's ineligibility MOOT.
THAT is why the DNC wants him.

Romney makes Obama's ObamaCARE/RomneyCARE MOOT.
THAT is why the DNC wants him.

Romney makes Obama's IAG issues MOOT.
THAT is why the DNC wants him.

Romney makes Obama's Sharia issues MOOT.
THAT is why the DNC wants him.

Romney makes Obama's 911 Victory Mosque MOOT.
THAT is why the DNC wants him.

Romney makes Obama's RomneyMarriage/Gay Marriage issue MOOT.
THAT is why the DNC wants him.

Romney makes Obama's bad governmental history MOOT.
THAT is why the DNC wants him.

Romney makes Obama's AGW issue MOOT.
THAT is why the DNC wants him.

Romney makes Obama's liberal judge issue MOOT.
THAT is why the DNC wants him.

Romney makes Obama's ineptitude MOOT.
THAT is why the DNC wants him.

Romney has a history of the BIG DIG and its coverup.
THAT is why the DNC wants him.

Romney has a history of destroying the Mass. Constitution which makes Obama’s overturning the US Constitution MOOT.
THAT is why the DNC wants him.

Romney makes Obama's lying as an issue MOOT.
THAT is why the DNC wants him.

Romney has a history of backstabbing the GOP, itself, and is hated widely.
THAT is why the DNC wants him.

Romney has a history of narcissism which make Obama’s MOOT.
THAT is why the DNC wants him.

Romney has a history of destroying evidence while Governor, which makes Obama’s destruction of evidence also MOOT.
THAT is why the DNC wants him.


14 posted on 01/13/2012 5:12:11 AM PST by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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