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Location: Georgia, on the Florida line, right above Tallahassee
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Reputation: 6438
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Let Detroit Go Bankrupt
By MITT ROMNEY
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. http://www.nytimes.com/2008/11/19/opinion/19romney.html
Auto industry in trouble? "Drop Dead."
Unemployed? "Drop Dead."
Drowning under the weight of student loans? "Drop Dead."
House foreclosed? "Drop Dead."
Want your rights as a worker? "Drop Dead."
Sick and don't have insurance? "Drop Dead."
Etc.
That's one vision of America, I guess. Survival of the fittest on the backs of everyone else.
It's always fun watching liberals defend corporate welfare.
Is it not? It's truly bewildering. On one hand, they rile against corporations. On the other hand, they are asking for taxpayer money (their money included) to be given to corporations who made bad decisions. At this point, I am not even sure if they really understand what they are doing. Or maybe it only matters that money be redistributed, regardless of the recipient. In that regard, for them, corporations are people, my friend.
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,838,455 times
Reputation: 6438
Quote:
Originally Posted by moving_pains
Is it not? It's truly bewildering. On one hand, they rile against corporations. On the other hand, they are asking for taxpayer money (their money included) to be given to corporations who made bad decisions. At this point, I am not even sure if they really understand what they are doing. Or maybe it only matters that money be redistributed, regardless of the recipient. In that regard, for them, corporations are people, my friend.
The carmakers did exactly what Romney advised at the time,a mamaged bankruptcy.
BTW,GM is an outsourcer,so not sure why Dims would brag about this.
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