Oh Biden...

  1. 0
    JaxsonRaineposted 4 years ago

    http://www.toledoblade.com/Politics/201 … -Ohio.html

    "Using the rebounding auto industry as an example"

    Yes, the rebounding auto industry, which is still costing taxpayers money, and will eventually run to the tune of some $60-$80 billion dollars worth of un-repaid bailout money...

    ""I wonder what in the heck was occupying his mind" when he wrote the New York Times opinion piece entitled "Let Detroit Go Bankrupt," Mr. Biden said."

    Joe, newsflash. Detroit went bankrupt. Exactly what Mitt was calling for, a managed, restructuring, bankruptcy.

    Mitt says the auto industry should go through bankruptcy and restructuring, rather than wasting billions of dollars in pre-bankruptcy bailout funds. Mitt = bad.

    Under Obama, GM and Chrysler go bankrupt and restructure. Obama = good.

    I can't for the life of my understand why this subject continues to come up, and nobody seems to point out that the auto industry ended up doing exactly what Romney was suggesting. The only difference, is that the auto industry ate up an additional $32 billion of bailout funds before filing for bankruptcy under Obama's watch.