Romney’s hypocrisy reaches new heights
Of all the gall!
Mitt Romney is now claiming credit for a policy he SPECIFICALLY OPPOSED:
Campaigning in the backyard of America’s auto industry, Mitt Romney re-ignited the bailout debate by suggesting he deserves “a lot of credit” for the recent successes of the nation’s largest car companies.
That claims comes in spite of his stance that Detroit should have been allowed to go bankrupt.
The presumptive Republican presidential nominee told a Cleveland television station on Monday that President Barack Obama followed his lead when he ushered auto companies through a managed bankruptcy soon after taking office.
The course Romney advocated differed greatly from the one that was ultimately taken. GM and Chrysler went into bankruptcy on the strength of a massive bailout that Romney opposed. Neither Republican President George W. Bush nor Democratic President Barack Obama believed the automakers would have survived without that backup from taxpayers.
Romney opposed taxpayer help.
“If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye,” Romney wrote in a November 2008 opinion article in the New York Times. “It won’t go overnight, but its demise will be virtually guaranteed.”
General Motors posted a record profit last year.