Obama Is the 'Bullsh***er' on the Auto Bailout
Romney wanted to save Detroit too: Marc Thiessen
By Neal Colgrass, Newser Staff
Posted Oct 29, 2012 4:47 PM CDT
President Barack Obama pauses in the White House Briefing Room in Washington, Monday, Oct. 29, 2012.   (AP Photo/Pablo Martinez Monsivais)

(Newser) – President Obama called Mitt Romney a "bullsh***er" the other day, but it's "Obama who is peddling the BS when it comes to Romney and automobile-company bankruptcy," writes Marc Thiessen at the Washington Post. An Obama campaign ad claims that Romney would have let the auto industry collapse, but in fact both men advocated managed bankruptcy. The difference: Obama offered government loans, while Romney would have guaranteed private-sector loans.

But Obama has won the message war by hammering Romney for months with bankruptcy attacks. Finally, this weekend, Romney's team released an ad saying that the president guided GM and Chrysler through managed bankruptcy "and sold Chrysler to Italians who are going to build Jeeps in China," says the ad's narrator. Will Romney's "counterassault" be enough to "turn the tide," asks Thiessen, particularly in the key swing state of Ohio? "We’ll know the answer in eight days."

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Showing 3 of 231 comments
Oct 31, 2012 8:49 AM CDT
Neal Colgrass, crap article, President Obama has stated exactly the two views and what the results would have been. Liar Romney was WRONG and would have destroyed the American auto industry. He's a "car guy" what a line of crap, I'm surprised it didn't make it in your article. Do some real work and get his tax forms for the past 8 years, then you've done something meaningful. What possible reasons does Liar Romney have for not showing his taxes? Did he get tax payer bailout money for Delphi? Come on, stop the easy crap and become a investigative journalist.
Oct 30, 2012 6:08 PM CDT
The heads of Chrysler and GM both made statements that Romney is full of bull.
Oct 30, 2012 4:21 PM CDT
The amazing part of all this is that these large corporations, bastions of industrial enterprise, champions of free market, feeders of multi-million dollar salaries for their brilliant but dumb CEO's and other executives, have needed Obama's Socialism to survive. I have heard it said that there are too many car companies in the world. Well, would you rather have a monopoly as they did in USSR which produced the crappy Lada?