Friday, October 26, 2012
THE FACTS ON ROMNEY AND THE AUTO INDUSTRY
During The Final Debate, Mitt Romney Lied To The American People About Many Things, Among Them Was His Position On The Auto Industry.
HERE ARE THE FACTS: What Romney recommended for the auto industry
did not happen. His proposed path would have forced General Motors
and Chrysler out of business. He opposed using government money to bail out the
automakers, instead favoring privately financed bankruptcy restructuring. But
the automakers were bleeding cash and were poor credit risks. The banking system
was in crisis. So private loans weren't available. Without government aid, both
companies would have gone under and their assets sold in
pieces.
Time after time, on issue after issue, to believe Mitt Romney is to do so at your own and the nation's peril.
WAKE UP AMERICA!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment