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View Diary: Romney once again claims credit for saving auto industry, says Obama did 'exactly as I proposed' (181 comments)

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  •  IIRC Ford wasn't included (1+ / 0-)
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    blue aardvark

    in the baliout.  Wasn't it just GM and Chrysler?

    It will not be possible to save Medicare by destroying it.

    by brae70 on Fri Sep 07, 2012 at 10:49:26 AM PDT

    [ Parent ]

    •  correct (5+ / 0-)

      and Ford didn't ask for a bailout either.  Ford CEO, Alan Mullaly, went to Congress in support GM and Chrysler.  If it didn't happen, and GM and Chrysler went under, Mullaly argued that the entire industry would collapse.   A GM failure would have had a domino effect, taking numerous suppliers, and possibly Ford, down with them.

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