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Under the Mountain Bunker

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twitter.com/charyl:

    MITT ROMNEY: “I’ll take a lot of credit” for auto industry recovery — Romney said his views helped save the industry. “I pushed the idea of a managed bankruptcy,” Romney said. “And finally, when that was done, and help was given, the companies got back on their feet. So I’ll take a lot of credit for the fact that this industry’s come back.” […] Romney’s stance on the bailouts and his infamous 2008 New York Times op-ed “Let Detroit Go Bankrupt,” have come up throughout the campaign, especially ahead of February’s primary in Michigan. In that editorial, Romney argued that a government bailout for ailing auto giants Chrysler and General Motors would do more harm than good. […] Romney also spoke out on his opposition to the government loaning money to the industry in 2009, placing some of the blame on Bush. —HuffPo [image: drunkonstevphen]
John Kerry laughed: “I just – he cannot be serious.”
Former auto czar Steve Rattner reacts to Mitt Romney taking credit for the auto bailout: “I’ve read, I think, everything Romney’s had to say on this subject, and the level of flip flopping and dissembling is truly mindboggling. He’s been on every side of the auto rescue at different times and said different things, so it’s hard to know what he honestly thinks.”
Another point – Before we even got to the managed bankruptcy in 2009 that Romney says he called for all along, there were a series of emergency loans in late 2008 to the carmakers from the federal government that Romney opposed. […] If Romney’s position had prevailed, there would have been no emergency loans and no auto industry left to put through a managed bankruptcy.

Image: “This is outside Romney’s Lansing event,” Reuters correspondent Sam Youngman tweets. – reuters

    MITT ROMNEY: “I’ll take a lot of credit” for auto industry recovery — Romney said his views helped save the industry. “I pushed the idea of a managed bankruptcy,” Romney said. “And finally, when that was done, and help was given, the companies got back on their feet. So I’ll take a lot of credit for the fact that this industry’s come back.” […] Romney’s stance on the bailouts and his infamous 2008 New York Times op-ed “Let Detroit Go Bankrupt,” have come up throughout the campaign, especially ahead of February’s primary in Michigan. In that editorial, Romney argued that a government bailout for ailing auto giants Chrysler and General Motors would do more harm than good. […] Romney also spoke out on his opposition to the government loaning money to the industry in 2009, placing some of the blame on Bush. —HuffPo [image: drunkonstevphen]

    • John Kerry laughed: “I just – he cannot be serious.”
    • Former auto czar Steve Rattner reacts to Mitt Romney taking credit for the auto bailout: “I’ve read, I think, everything Romney’s had to say on this subject, and the level of flip flopping and dissembling is truly mindboggling. He’s been on every side of the auto rescue at different times and said different things, so it’s hard to know what he honestly thinks.”
    • Another point – Before we even got to the managed bankruptcy in 2009 that Romney says he called for all along, there were a series of emergency loans in late 2008 to the carmakers from the federal government that Romney opposed. […] If Romney’s position had prevailed, there would have been no emergency loans and no auto industry left to put through a managed bankruptcy.
    • Image: “This is outside Romney’s Lansing event,” Reuters correspondent Sam Youngman tweets. – reuters
    — 1 year ago with 238 notes
    #mitt romney  #politics  #news  #takes credit for auto recovery  #auto industry  #lol  #what a maroon  #republicans  #let detroit go bankrupt  #bailouts  #loans  #president obama  #george w bush 

    Maddow Blog: It’s a good thing we didn’t let Detroit go bankrupt: “U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms.”

    (Source: underthemountainbunker.com)

    — 1 year ago with 2 notes
    #news  #politics  #economy  #auto industry  #mitt romney  #let detroit go bankrupt  #president obama  #bail out  #experiencing gains  #more buyers returning  #good for america  #detroit 
    Mitt Romney’s bid to become liar-in-chief →

    “When challenged about an untruthful statement, Romney’s tactic is to deny he said it – lie trumping lie.”

    Michael Cohen summarizes the lies which Romney has been repeatedly called out for, yet he continues to use:

    President Obama:

    • “My personal favorite in Romney’s cavalcade of untruths is his repeated assertion that President Obama has apologized for America. […] President Obama never went around the world and apologized for America – and yet, even after multiple news organizations have pointed out this is a “pants on fire” lie, Romney keeps making it. Indeed, the “Obama apology tour”, along with the president bowing down to the King of Saudi Arabia, are practically the lodestars of the GOP’s criticism of Obama’s foreign policy performance (the Saudi thing isn’t true either).”

    The stimulus / private-sector / public-sector jobs:

    • “According to Romney, “that stimulus didn’t put more private-sector people to work.” While one can quibble over whether the stimulus went far enough, the idea that it didn’t create private-sector jobs has no relationship to reality. According to the Congressional Budget Office, the stimulus bill created more than 3m jobs – a view shared by 80% of economists polled by the Chicago Booth School of Business (only 4% disagree).”
    • “Romney also likes to argue that the stimulus didn’t help private-sector job growth, but rather helped preserve government jobs. In fact, the Obama years have been witness to massive cuts in government employment. While the private sector is not necessarily “doing fine”, as Obama said in a recent White House press conference, it’s doing a heck of a lot better than the public sector.”

    Taxes:

    Auto bailout:

    Obamacare / Affordable Care Act:

    • “Then, there is the recent Romney nugget that the Obama administration passed Obamacare with the full knowledge that it “would slow down the economic recovery in this country” and that the White House “knew that before they passed it”. It’s an argument so clearly spun from whole cloth that according to Jonathan Chait, the acerbic political columnist for New York Magazine, Romney is “Just Making Stuff Up Now”.”
    • “Also of Obamacare, Romney has said that it will lead to the government taking over 50% of the economy (not true) – its true cost can’t be computed (that’s why we have a Congressional Budget Office in the United States); that it will create to “a massive European-style entitlement” (many liberals wish this were true, but alas, it is not); and that it will lead to a government-run healthcare system (a lie so pervasive that it’s practically become shorthand for Republicans – yet it too, like the infamous made-up death panels of the health care debate, is simply not accurate).”

    Why does Romney lie? Cohen explains: “The lying from the Romney campaign is so out-of-control that Steve Benen, a blogger and producer for the Rachel Maddow showcompiles a weekly list of “Mitt’s Mendacity” that is chockfull of new untruths. […] Romney has figured out a loophole – one can lie over and over, and those lies quickly become part of the political narrative, practically immune to “fact-checking”. Ironically, the more Romney lies, the harder it then becomes to correct the record. Even if an enterprising reporter can knock down two or three falsehoods, there are still so many more that slip past. […] As… Steve Benen told me: ‘Romney gets away with it because he and his team realize contemporary political journalism isn’t equipped to deal with a candidate who lies this much, about so many topics, so often.’

    “Quite simply, the United States has never been witness to a presidential candidate, in modern American history, who lies as frequently, as flagrantly and as brazenly as Mitt Romney.”

    — 1 year ago with 1 note
    #class war  #economy  #journalism  #media  #news  #politics  #unemployment  #war on the middle class  #affordable care act  #apologized for america  #auto bailout  #GOP  #he lies because he can  #jobs  #let detroit go bankrupt  #liar  #liar in chief  #lies  #lower under obama  #lying  #michael cohen  #Mitt Romney  #mitt's mendacity  #obama apology tour  #obamacare  #President Obama  #private sector  #public sector  #Republicans  #steve benen 
    current:

“The people of Detroit don’t forget.”
Via Jennifer Granholm:

So tired of hearing Romney try to “airbrush history.” Especially on the auto industry. Michiganders will never forget. #RomneyWrong
— Jennifer Granholm (@JenGranholm) October 23, 2012

    current:

    “The people of Detroit don’t forget.”

    Via Jennifer Granholm:

    (via think4yourself)

    — 1 year ago with 378 notes
    #let detroit go bankrupt  #current  #current tv  #debates  #romney  #obama