Romney And Perry Speak In Michigan, Epicenter Of The Auto Industry They Wanted To Let Fail

[ProSense]

Romney And Perry Speak In Michigan, Epicenter Of The Auto Industry They Wanted To Let Fail

By Pat Garofalo posted

Both Texas Gov. Rick Perry (R) and former Massachusetts Gov. Mitt Romney (R) will speak before the Mackinac Republican Leadership Conference in Michigan today. Michigan, of course, is the epicenter of the United States automobile industry, which was rescued by the Obama administration.

At the time, both Perry and Romney opposed rescuing the American auto industry, preferring to watch iconic American companies topple into an uncontrolled bankruptcy, not only destroying themselves, but all of the supplier and contractors that depend on them. In a November 2008 op-ed titled “Let Detroit Go Bankrupt,” Romney wrote:

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.

Not to be left out, Perry co-authored an op-ed in December 2008 opposing the auto rescue:

Recent government intervention is doing the opposite — taking capital generated from productive activities and throwing it at enterprises that in many cases need to reorganize their business model.

Take for example the proposed Big Three auto-maker bailout. We think it’s very telling that each of the three CEO’s flew on their own private jets to Washington to ask for a taxpayer handout. No amount of taxpayer largess could fix a business culture so fundamentally flawed.

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"Two years ago GM and Chrysler were hanging by a thread when President Obama stepped in "

[ClarkUSA]

1. Shameless hypocritical assholes. I hope MI voters don't have amnesia next year.

Of course, President Obama will be there to remind them. :D

[safeinOhio]

2. Hey Ricky

can we apply the same to big oil tax incentives? How about cotton farming"

"No amount of taxpayer largess could fix a business culture so fundamentally flawed.

[Life Long Dem]

3. This tells a lot about Romney's business experience.

[JNelson6563]

4. Oh, they were nice and safe on Mackinac Island

Nice and far from icky Detroit and no doubt the only dark skinned folk in sight were servers.

Julie

[DCBob]

5. I guess they wont be using the mocking term "Government Motors" in their speeches.

lying hypocritical shameless idiots.