Posted on 11/18/2008 9:08:55 PM PST by MittFan08
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.
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
(Excerpt) Read more at nytimes.com ...
Interesting. During the Michigan Primary contest, he was promising Detroit corporate welfare. Huh.
Looks like Mitt can tell which way the wind is blowing. Tis about time.
Thank you for posting. :-)
Will the real Slick Willard please stand up? :)
You are correct. Here is what he said at the Detroit Economic Club:
“If we are going to be the world’s greatest economic power, we must invest in our future. It’s time to be bold. . . .First, I will make a five-fold increase from $4 billion dollars to $20 billion dollars in our national investment in energy research, fuel technology, materials science, and automotive technology.”
As I recall, he promised the Detroit automakers the use of my tax money.
Feel free to document anything that you believe disproves that.
Okay, that's just semi-fascistic. What came "second?" "Third?" "Fourth?"
It’s a state controlled by liberal Democrats.
We’ll pay the bailout and told to shut up.
http://www.dailymotion.com/video/k6KUDv1wzraWhwlBt1
Looks like RINO Romney is trying once again to re position himself as a conservative for 2012.
He’s a slickster, he knows most of the public doesn’t pay attention enough to know that he’s flip flopped a million times, he can have a great debate against himself.
I agree Mitt.
It’s too bad you’re not our President ... .
Ah, I hear them now. They’re coming!
The MITT haters are on the way!
I agree.....let em go belly up. That is what Chapter 11 bankruptcy is all about!
BTTT
No, the current American auto industry will go away.
This is the way Mitt has been talking for years. It is others who are beginning to notice the way the wind is blowing.
Damn that anti-Romney rhetoric. Don’t let facts stand in your way!! /s
laff.
Romney reminds me a lot of Rick Perry. A big plate of no thanks.
Romney already has the US gov’t stuck up for his
fascist ROmneyCARE, his coverup of the BigDIG fiasco,
etc. etc. Now he can again claim ‘plausible deniability’
like he did with his destruction of Gov.Palin, giving
Election2008 to Obama.
This is the real Romney. Good article.
I think the spin mysters are beginning to stand down.
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