Skip to main content

Mitt Romney
Clinging to his discredited claims. (Joshua Lott/Reuters)
Mitt Romney campaigned in Michigan Tuesday, which inevitably means he made a fresh round of fraudulent claims about President Obama's auto rescue and the wisdom of Mitt Romney's suggestions thereon:
My policy had the same objective as the people in Detroit: I wanted to see the auto industry thrive and grow, and felt it needed a managed bankruptcy to be able to do so. It took the president a little longer to come around to that way of thinking," Romney told WOOD TV8, according to a portion of the interview the network previewed. "He ultimately took the auto industry through bankruptcy. They went through that process. And now, with support they have received from government and the American people, they have come back strong. That's a good thing. I would have done it faster than he did and saved us about $20 billion."
This is the problem when Mitt Romney is relatively consistent: It is so wearisome to have to list, again and again, the ways he is shamelessly distorting the facts. Here we have his tale of himself as a prophet, ignored at first but then heeded, only to have his prophecy denied by those who benefited from it. This is, of course, false.

Romney continues to insist that the auto companies should have been put into managed bankruptcy at a moment when that was impossible, when bankruptcy would have meant liquidation. There was no private money available for a managed bankruptcy; the only way to keep GM and Chrysler open was government money, and the alternative was, yes, liquidation. There are only so many ways to say this, but it has been said by sources as varied as the Bush administration, the Obama administration, Chrysler's bankruptcy judge, and independent economists from both parties.

But Romney is not interested in the facts. He's banking on not being called out on his lies consistently enough to make lying a losing strategy. Claiming credit for the managed bankruptcy that happened months, and one bailout, after his at-the-time-impossible call for managed bankruptcy is a winner for Mitt Romney as long as, I don't know, maybe two out of three reporters let him get away with it. So, damn the facts, he's going with it. This should not be a hard one for reporters: if you're planning to ask Romney about the auto rescue, you know his talking points ahead of time, and the needed follow-up is not a mystery. Press him on this one.

Originally posted to Daily Kos Labor on Wed Jun 20, 2012 at 07:23 AM PDT.

Also republished by Daily Kos, ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement, and Progressive Hippie.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site