Tiger Board Logo

Donor's Den General Leaderboards TNET coins™ POTD Hall of Fame Map FAQ
search
GIVE AN AWARD
Use your TNET coins™ to grant this post a special award!
W
50
Big Brain
90
Love it!
100
Cheers
100
Helpful
100
Made Me Smile
100
Great Idea!
150
Mind Blown
150
Caring
200
Flammable
200
Hear ye, hear ye
200
Bravo
250
Nom Nom Nom
250
Take My Coins
500
Ooo, Shiny!
700
Treasured Post!
1000
YOUR BALANCE
Obama lies again on Romney & GM .....
storage This topic has been archived - replies are not allowed.
Archives - General Boards Archive
add New Topic
Replies: 3
| visibility 145

Obama lies again on Romney & GM .....


Oct 22, 2012, 10:35 PM

http://www.nytimes.com/2008/11/19/opinion/19romney.html?_r=0

It is not wrong to ask for government help, but the automakers should come up with a win-win proposition. I believe the federal government should invest substantially more in basic research — on new energy sources, fuel-economy technology, materials science and the like — that will ultimately benefit the automotive industry, along with many others.

The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk.

In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.

flag link military_tech thumb_downthumb_up

No responses from the democrats on the board...shocking***


Oct 23, 2012, 9:30 AM



flag link military_tech thumb_downthumb_up

There's not really much to say on the matter.


Oct 23, 2012, 10:29 AM

I agree that Obama keeps continuing to mischaracterize Romney's original position. It seems very trite at this point.

I really don't see the point in reassessing the veracity of the claims in the op-ed piece when the first sentence has been completely invalidated. For the most part, the automakers have come back and are reasonably alive and well (especially Ford). It seems rather pointless to debate whether Romney's strategy would or would not have been more effective than the bailout because it is a hypothetical. I suspect that either approach would have worked. The real problems had to do with what Romney laid out in the latter part of the piece, which are the same things that Obama's team addressed. It's unclear whether Romney's approach would have the saved the American people more money from what little I've researched the matter. Sure, he can say that, but we'll never know.

flag link military_tech thumb_downthumb_up

What was the lie?***


Oct 23, 2012, 9:31 AM



2024 purple level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

Falsehood flies, and truth comes limping after it, so that when men come to be undeceived, it is too late; the jest is over, and the tale hath had its effect: like a man, who hath thought of a good repartee when the discourse is changed, or the company parted; or like a physician, who hath found out an infallible medicine, after the patient is dead.
- Jonathan Swift


Replies: 3
| visibility 145
📰 E-Mail News Alerts

TigerBoard POTD

Very nice gesture from Coach Bakich

by BaseballCharlie®

Archives - General Boards Archive
add New Topic