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Mitt Romney: Let Detroit Go Bankrupt
http://www.nytimes.com/2008/11/19/opinion/19romney.html?hp ^

Posted on 11/18/2008 9:08:55 PM PST by MittFan08

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To: MittFan08

Great article by Mitt and much agreed.


61 posted on 11/18/2008 9:55:09 PM PST by TAdams8591 (He's not MY President!)
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To: fieldmarshaldj; All

Mark my words: Mitt Romney’s hacks have pretty much completed their takeover of the Republican Party, and the big supposedly “conservative” institutions that surround it.


62 posted on 11/18/2008 9:55:50 PM PST by EternalVigilance ("Why lawyer up when you can pony up?" - IYAS9YAS)
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To: Lilpug15

Amazing when you realize his most unhinged sycophants were from his religion. You’d think it was a wake-up call that he has no use for anything or anyone that doesn’t expand his power or inflate his galactic-sized ego and megalomania. He doesn’t give a damn about the issues. It’s all about him.


63 posted on 11/18/2008 9:58:17 PM PST by fieldmarshaldj (~"This is what happens when you find a stranger in the Alps !"~~)
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To: EternalVigilance
Xavier Harkonnen on Myth ROmney:

"Any man who asks for greater authority
does not deserve to have it"

64 posted on 11/18/2008 9:58:27 PM PST by Diogenesis
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To: EternalVigilance

Naah. We’ve got a lot more folks wide awake on this guy’s schtick. We took him down once, and I’m damn proud about that, and we’ll do it again if necessary.


65 posted on 11/18/2008 10:00:36 PM PST by fieldmarshaldj (~"This is what happens when you find a stranger in the Alps !"~~)
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To: Lilpug15
Well I’m glad that you have apparently personally met the Governor and can make a judgement call on her intellect. Guess you get a tingle up your leg when you hear Mitt talk eh? As far as Mitt’s record you can’t call him a conservative either so thank you come again...

You know, I might wish Mitt had been more conservative on my issues, but frankly it probably wasn't possible to do that and be an effective governor in Mass. But Alaska is arguably the most conservative state in the Union. And there is simply no excuse for Sarah cow-tauing to Dems here--other than personal aggrandizing--and to kiss-up to our liberal media. I've met Sarah and have a number of friends in the legislature. I have a good idea of her capabilities. I wasn't the least bit surprised when she came out for amnesty. wereyou? (Are you for amnesty?) It was perfectly in character. And perfectly without thought or reflection. Sarah is a national joke for a reason. We need to get real around here and Sarah isn't real.

66 posted on 11/18/2008 10:03:49 PM PST by Stunned
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To: unspun
Interesting. During the Michigan Primary contest, he was promising Detroit corporate welfare.

Nope. He was proposing more state support for basic research and development in automotive engineering.

Supporting basic research in science and engineering is a legimitate role for the state under most any conservative political philosophy.

67 posted on 11/18/2008 10:09:31 PM PST by curiosity
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To: Stunned

Not possible for Slick Willard to be a Conservative Governor, huh ? Yet even-more-Dem Rhode Island has one. Ole Slick wasn’t interested in being a Conservative, and he wasn’t much interested in being Governor. He was biding his time until he could be President. Our version of an empty-suited False (RINO) Messiah.

And, of course, you can throw in some nice potshots at Gov. Palin. You have the stench of one of Slick Willard’s paid agents.


68 posted on 11/18/2008 10:10:26 PM PST by fieldmarshaldj (~"This is what happens when you find a stranger in the Alps !"~~)
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To: unspun
Hey everyone has the right to change their minds. Ask any democrat.
69 posted on 11/18/2008 10:11:26 PM PST by antiunion person (We can only hope Obama and his liberal friends don't destroy our country.)
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To: Stunned

I’m not for amnesty - but I also don’t think you can round everyone up in one foul swoop and dump them off. They should come in the right way and pay taxes etc. if they want to still come in given that stipulation. I think that part of the reason she had to go along w/ certian things was cuz she was not the lead on the ticket so I will reserve judgement. I guess I’m just curious as to why her approval rating was above 80% if she is just that dumb? This was before she was tapped to be VP so it wasn’t that long ago either.


70 posted on 11/18/2008 10:12:39 PM PST by Lilpug15 (GIRD YOUR LOINS!)
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To: unspun; All
Mitt Romney came across as a Nixonian compassless "pragmatist" in recently purchased conservative clothing. FR conservatives don't find that very appealing. Shucks, not enough FReepers can even swallow much more of a government role than moralistic libertarianism -- even in state government. Mike Huckabee had a terrible time, here. Ronald Reagan, by his record in California would have been lambasted here! And with some reason

Like I said in an earlier post, we will never get the PERFECT Conservative Candidate. So what candidate to these posters want? What white knight is going to ride in to save the day? I haven't heard from any of these posters just who they want other than perhaps Palin. Just what the hell do these posters want. Do they think Ronald Reagan is going to rise from the dead?
71 posted on 11/18/2008 10:14:12 PM PST by truthguy (Good intentions are not enough!)
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To: PISANO
I agree.....let em go belly up. That is what Chapter 11 bankruptcy is all about!

Actually, that's not true. Chapter 11 is all about restructuring troubled companies that are still valuable as going concerns so that they can emerge and operate on a profitable basis.

72 posted on 11/18/2008 10:14:38 PM PST by curiosity
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To: Ingtar
The whole idea is to get the government’s hands off, not:

Are you an anarchist?

Facilitating orderly renegotiation of contracts in troubled companies is one the few legitimate roles for the state under just about any conservative political philosophy. Normally this is done by bankruptcy courts, organs of the state, but in especially large cases of restructuring there is no reason why a president can't help to act as a mediator.

As to the taxpayer money he promised, it was supposed to go to basic R&D, which again is a legitimate use of taxpayer money under just about any conservative political philosophy.

It's not an accident that government funding for basic scientific and engineering research tends to be higher under Republican administrations.

73 posted on 11/18/2008 10:22:06 PM PST by curiosity
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To: Lilpug15
I’m not for amnesty - but I also don’t think you can round everyone up in one foul swoop and dump them off. They should come in the right way and pay taxes etc. if they want to still come in given that stipulation. I think that part of the reason she had to go along w/ certian things was cuz she was not the lead on the ticket so I will reserve judgement. I guess I’m just curious as to why her approval rating was above 80% if she is just that dumb? This was before she was tapped to be VP so it wasn’t that long ago either.

Well,it's starting--or it actually stated when FR went head over heels for McCain. We have to have amnesty even though the enforcement and attrition seems to work. We are all liberals now. Even FR.

You want to know how to get 80 percent approval (which is a fiction, btw) 1) be a Republican, 2) kiss up to Dems and their program, 3) kiss up to the liberal media, and 4) be a babe. It worked for Sarah in Alaska. No need for any complicated policy wonkishness. I expect without the Dems and media on her bandwagon, her ratings here are way down now. I wouldn't be surprised if she didn't run for re-election.

74 posted on 11/18/2008 10:22:52 PM PST by Stunned
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To: truthguy

No one is perfectly “Pure.” I like Palin and I think she’d be a good Pres. That being said, I think the most purely Conservative (mind you not perfectly pure) Republicans in the country right now come from S.C in Demint (I don’t think he’d run for the presidency) and Gov. Sanford (who might).


75 posted on 11/18/2008 10:24:51 PM PST by SMCC1
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To: truthguy
I completely disagree. If we can get the right package together, then we need to save the domestic auto industry

The only way to save the domestic auto industry is to put it through Chapter 11.

You seem to be under the mistaken impression that bankruptcy means the end of a company. That's not true. The whole point of Chapter 11 is to restructure a company and free it from its debt and other liability burden so that it can emerge as a profitable going concern.

There's no way the US auto makers can start operating on a profitable basis until their union contracts are scrapped, their pension obligations canceled, their debt is converted to equity, and their unproductive assets sold off so that they can focus on those parts of their business that actually will be able to generate positive returns. The only way any of this can happen is with Chapter 11.

76 posted on 11/18/2008 10:26:54 PM PST by curiosity
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To: fieldmarshaldj

Okey-dokey then.


77 posted on 11/18/2008 10:34:07 PM PST by EternalVigilance ("Why lawyer up when you can pony up?" - IYAS9YAS)
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To: fieldmarshaldj

Don’t say I didn’t warn you...


78 posted on 11/18/2008 10:35:27 PM PST by EternalVigilance ("Why lawyer up when you can pony up?" - IYAS9YAS)
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To: curiosity

Nonsense. The way to save the domestic auto industry
is to:

1) encourage and support,
and bail out if necessary, entrepreneurs doing R&D
who make state of the art technologies for new types
of alternative energy cars, conveyance devices, and
energy storage.

2) lower taxes for anyone who uses American workers,
so as to bring off shore companies back, and to help
jump start #1.

FACT: Toyota builds cars in America and is not looking
for a bailout, is it?


79 posted on 11/18/2008 10:41:08 PM PST by Diogenesis
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To: Lilpug15; All
I don't think you understand the psychology of chapter 11. Once GM or any of the Auto makers enters chapter 11 that will be it. VERY few people will make a long term major purchase from a company that is in bankruptcy. In fact just the damage that the current news of the financial troubles is doing tremendous damage. So I really disagree with you that everything will not go-IT WILL.

The tragedy in this whole episode is that so many of the things that people are clamoring for are already in the works. GM (and FORD and Chrysler) have made many of the changes you are talking about. GM and Ford have some fantastic cars out there now. The GM Volt is going to revolutionize the auto industry if only they can survive long enough to get it out there. It's a sure winner and the type of vehicle that can get the industry back on their feet. Ford has some excellent vehicles out there as well with more to come.

Our auto industry has outstanding engineers. They are at least as good or better than anyone in the world. The problem is COST STRUCTURE. My understanding is that the new contracts will correct a great deal of this. So the things that you are advocating are already underway.

There are a lot of sub-morons on this site who have a hatred for the Car Companies that is way out of line. I wonder what they do for a living. Do these jerks have any idea how hard it is to manufacture anything in the US in this day in age. Not many manufacturing companies are doing very well and we have lost a lot of our manufacturing base already. I'll bet a lot of the people who are complaining about the car companies couldn't change the batteries in a flashlight.

For those who don't think this is a national security issue, they couldn't be more wrong. A lot of our manufacturing technology pertains to the auto industry. Once we lose this knowledge it's gone forever and forever is a VERY long time.
80 posted on 11/18/2008 10:44:45 PM PST by truthguy (Good intentions are not enough!)
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