{"id":7723,"date":"2012-05-09T11:44:16","date_gmt":"2012-05-09T18:44:16","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=7723"},"modified":"2012-05-09T11:44:16","modified_gmt":"2012-05-09T18:44:16","slug":"credit-where-credit-is-not-due","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2012\/05\/09\/credit-where-credit-is-not-due\/","title":{"rendered":"Credit Where Credit Is NOT Due"},"content":{"rendered":"

He certainly has earned the titles Multiple Mitt and Mr. Etch-a-Sketch.  As anticipated Switch Hit Mitt is trying to recreate himself yet again.  Last week, he claimed he would have endorsed the bin Laden raid, despite having repeatedly said that he opposes such raids.  If that wasn\u2019t sufficiently absurd, now he wants credit for saving the auto industry that he said should go bankrupt.<\/font><\/p>\n

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\"9AutoMitt\"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.<\/p>\n

That claims comes in spite of his stance that Detroit should have been allowed to go bankrupt.<\/p>\n

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.<\/p>\n

"I pushed the idea of a managed bankruptcy, and finally when that was done, and help was given, the companies got back on their feet," Romney said in an interview inside a Cleveland-area auto parts maker. "So, I’ll take a lot of credit for the fact that this industry has come back<\/strong>."<\/p>\n

Romney has repeatedly argued that Obama ultimately took his advice on the auto industry’s woes of 2008 and 2009. But he went further on Monday by saying he deserves credit for its ultimate turnaround<\/strong>.<\/p>\n

The course Romney advocated differed greatly from the one that was ultimately taken<\/strong>. GM and Chrysler went into bankruptcy on the strength of a massive bailout that Romney opposed\u2026 [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <The Detroit News<\/a>><\/p>\n

Put  load of that on your garden!<\/font><\/p>\n

Ed Schultz and Howard Fineman fill in the details.<\/font><\/p>\n

 <\/embed><\/object><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

That clearly demonstrates that Romney just plain lied, because no private institution would make the loan.  Even his own Bain Capital refused top lend to the auto industry.<\/font><\/p>\n

Lawrence O’Donnell chimes in with Krystal Ball and E.J. Dionne.<\/font><\/p>\n

 <\/embed><\/object><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

McConJob’s reaction was classic!<\/font><\/p>\n

Had Romney had his way, Chrysler and GM would have failed and then been bought out by Bain Capital for pennies on the dollar. He would have declared bankruptcy to default on pensions and union contracts. He would have moved some manufacturing to states where union workers have no rights, but he would have relocated most overseas. He would have made a fat profit at the expense of millions of jobs. That’s how vulture capitalists operate!<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

He certainly has earned the titles Multiple Mitt and Mr. Etch-a-Sketch.  As anticipated Switch Hit Mitt is trying to recreate himself yet again.  Last week, he claimed he would have endorsed the bin Laden raid, despite having repeatedly said that he opposes such raids.  If that wasn\u2019t sufficiently absurd, now he wants credit for saving […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7723","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/7723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=7723"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/7723\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=7723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=7723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=7723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}