Presidential debate 101: Did Mitt Rom...

Presidential debate 101: Did Mitt Romney want Detroit to go bankrupt?

There are 16 comments on the www.csmonitor.com story from Oct 17, 2012, titled Presidential debate 101: Did Mitt Romney want Detroit to go bankrupt?. In it, www.csmonitor.com reports that:

Republican presidential nominee Mitt Romney and President Obama spar during the second presidential debate at Hofstra University on Tuesday in Hempstead, N.Y. Did Mitt Romney really say the US should let Detroit auto firms go bankrupt back in 2008? That was a subject of fierce contention in the town-hall presidential debate last night.

Join the discussion below, or Read more at www.csmonitor.com.

ivyawe

Philadelphia, PA

#1 Oct 17, 2012
No, Amerithrax, New Jersey.

Which also charges 7% Sales Tax on Food even a dollar HamBurger or Hot Dog, No Sales Tax on Clothing!

Jesus Christ!
imaginaryfriend

Sterling Heights, MI

#2 Oct 17, 2012
Yes, he wrote it as an editorial in The N.Y. Times. Ask anyone in the state of Michigan, Ohio,...
It was the headline!
If you're not paying attention, don't vote!
Robert

Douglasville, GA

#3 Oct 17, 2012
What planet are these people living on, GM did go bankrupt they just did not have to go through the normal bankruptcy process which as Romney noted would have seen them emerge as a stronger company after bankruptcy.

President Obama is proud of his bailout of General Motors. Thatís good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market.

Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion worth of stock, and sitting on an unrealized loss of $16.4 billion.

ďThe game isnít over until itís overĒ, but if President Obama wins reelection, he should probably start giving some serious thought to how he is going to justify bailing out GM, and its unionized UAW workforce, yet again. And, during the current campaign, Obama might want to be a little more modest about what he actually achieved by bailing out GM the first time.
McGruff

Greensburg, KY

#4 Oct 17, 2012
Exactly right Robert. They did go bankrupt with obammy acting as trustee. He ignored the law and screwed the bond holders. Then he gave them billions. Fired the CEO. And have the union part ownership. GM did go bankrupt. If you think they didn't then you shouldn't have a problem selling your old GM stocks and bonds.

“@FrankLeePlain”

Since: Jul 11

Location hidden

#5 Oct 17, 2012
Mitt Romney to Candy Crowley: "That's it, you're out of the binder!"
Libya Question

Rochester, MN

#6 Oct 17, 2012
GM GIVES AWAY MONEY THOUGH THEY STILL OWE THE TAXPAYERS $40BILLION.MOV
Libya Question

Rochester, MN

#7 Oct 17, 2012
Libya Question

Rochester, MN

#8 Oct 17, 2012
Auto Bailout Success? For Union Workers, Maybe
http://blog.heritage.org/2012/09/07/auto-bail...
Lonewolf

Leesville, SC

#9 Oct 18, 2012
imaginaryfriend wrote:
Yes, he wrote it as an editorial in The N.Y. Times. Ask anyone in the state of Michigan, Ohio,...
It was the headline!
If you're not paying attention, don't vote!
They were a company,if they mismanaged themselves,they should have gone bankrupt.
Sheik Yerbouti

Richmond, IN

#11 Oct 18, 2012
mittwit has clearly showed his contempt for working people several times. He has made a career of shipping living wage jobs overseas and destroying middle class families in this country.
Robert

Douglasville, GA

#12 Oct 18, 2012
Sheik Yerbouti wrote:
mittwit has clearly showed his contempt for working people several times. He has made a career of shipping living wage jobs overseas and destroying middle class families in this country.
I guess companies never moved things overseas before Romney came along, what an idiot. I guess you believe that the Bush wars and Medicare part D caused the recession too not the collapse of the sub prime market.

Since: May 11

Location hidden

#13 Oct 18, 2012
Sheik Yerbouti wrote:
mittwit has clearly showed his contempt for working people several times. He has made a career of shipping living wage jobs overseas and destroying middle class families in this country.
and he would have called all those unemployed people part of the 47%
jon

Eatontown, NJ

#14 Oct 18, 2012
unions elected obama, doubt they can now.
Robert

Douglasville, GA

#16 Oct 18, 2012
Obama did not save Detroit what he did was save the union as pay back for their support in the 08 election.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#17 Oct 18, 2012
Well, see the new article from THE NATION:

"Mitt Romney's Bailout Bonanza"

Mitt made between $ 15 and $ 115 MILLION in FEDERAL BAILOUT DOLLARS.

Ripoff USING Delco.
McGruff

Greensburg, KY

#18 Oct 19, 2012
Mr_Bill wrote:
Well, see the new article from THE NATION:

"Mitt Romney's Bailout Bonanza"

Mitt made between $ 15 and $ 115 MILLION in FEDERAL BAILOUT DOLLARS.

Ripoff USING Delco.
Libya. Jobs. New Gallup poll. Obammy is going back to Sweet Home Chicago. By by you failing fool

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