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View Diary: Wait, WHAT? Now President Obama is Lying About Detroit? Rachel Sets David Letterman Straight (165 comments)

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  •  Let me see if I have this straight: (1+ / 0-)
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    eXtina

    Mitt Romney's alternative was for private industry to put up the money, guaranteed by the government, so that, let's say Bain gets to control GM, after a decent interval (or not) callit quits, chop it up into little pieces and sell it off for pennies on the dollar, cost the government billions of dollars that will never be recouped, walk off with a boatload of guaranteed cash (um, you remember those salaries and bonuses and management fees, don't you), whatever they can stuff into their bags, their pockets and and their mouths, and then take a group picture awash in money and laughing their heads off. That was Mitt Romney's plan. I think "Let Detroit go Bankrupt!" sums it up very nicely, too nicely in fact.

    Bold at inappropriate times.

    by steep rain on Thu Oct 25, 2012 at 09:41:05 AM PDT

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