the fact that the auto companies today are profitable is because they shed costs. the reason they shed costs and got employee labor contracts is because they went through that managed bankruptcy process. it s exactly what mitt romney told them to do. consider that the crown jewel. the only economic success that president obama has had is because he followed mitt romney s advice. hold the phone here. you know what s happening here? you got mitt romney running from his own printed word. i seem to remember mitt romney led detroit go bankrupt. he did not support those auto loans during the republican debates. should they have used the funds to bail out general motors and chrysler? no. it was the auto loans that made the difference in the world. president obama signed off on billions of loans to the automobile industry because he wasn t going to stand by and let detroit go bankrupt. and it was not a popular decision at the time.
companies today are profitable is because they shed costs. the reason they shed costs and got employee labor contracts is because they went through that managed bankruptcy process. it s exactly what mitt romney told them to do. consider that the crown jewel. the only economic success that president obama has had is because he followed mitt romney s advice. hold the phone here. you know what s happening here. you got mitt romney running from his own printed word. i seem to remember his op-ed four years ago, let detroit go bankrupt. he did not support those auto loans during the republican debates. should they have used the funds to bail out general motors and chrysler? no. it was the auto loans that made the difference in the world. president obama signed off on billions of loans to the automobile industry because he wasn t going to stand by and let detroit go bankrupt. it s not a popular decision at the time. now general motors is number one
companies today are profitable is because they shed costs. the reason they shed costs and got employee labor contracts is because they went through that managed bankruptcy process. it s exactly what mitt romney told them to do. consider that the crown jewel. the only economic success that president obama has had is because he followed mitt romney s advice. hold the phone here. you know what s happening here. you got mitt romney running from his own printed word. i seem to remember his op-ed four years ago, let detroit go bankrupt. he did not support those auto loans during the republican debates. should they have used the funds to bail out general motors and chrysler? no. it was the auto loans that made the difference in the world. president obama signed off on billions of loans to the automobile industry because he wasn t going to stand by and let detroit go bankrupt. it s not a popular decision at the time. now general motors is number one
the reason they shed those costs and have got their employee labor contracts less expensive is because they went through that managed bankruptcy process. it is exactly what mitt romney told them to do. look out khalid shaikh mohammed, ksm, an army reservist will be part of the prosecuting team. major robert mcgovern now a lawyer, is going head to head with ksm during their trial at guantanamo bay, and. clayton: he played four years in the nfl, including with the patriots as well so he s always been a patriot whether he s playing in that uniform or not. got to like that. played at holy cross in college and let s check with maria molina outside. it s been cold here and i guess they re having to cover up plants already and their vegetables. yeah, that s right. so a lot of people have been enjoying the very warm temperatures during the past several weeks it seems,
position himself all along that the president was wrong on the auto bailout that we should have let detroit go bankrupt the title of the op-ed. and we re hearing that the president took his position in part on mitt romney how exactly to do the auto bailout. in part are the key words. dave: his position on the bailout is exactly what president obama followed. he said look, if you want to save the auto industry, don t just write the check, what they need to do is go through a managed bankruptcy process the fact that the auto industry today are profitable because they shed costs and the reason they ve shed the costs and gotten the employee labor contracts is because they went through that managed bankruptcy process, that s exactly what mitt romney told them to do. it s not exactly what mitt romney told them to do, but it is in part what mitt romney suggested. because remember, i mean,