"Did President Obama save General Motors?" Reynolds asked "Without the money, without the funding, it would have been very problematic," said Akerson. "At the risk of alienating a whole lot of potential customers, I would say the Obama administration did a good job." Republican presidential hopeful Mitt Romney and other critics have argued the bailout was unnecessary, and that the regular bankruptcy process would have made GM and Chrysler stronger companies. "Would that have happened?" Reynolds asked. "Not in my opinion," asked Akerson. "It would have been in bankruptcy for years and I think you could have written off this company, this industry and this country."So in Mitts world GM goes bankrupt and workers lose the pensions they earned over years of job service to their company. In Obama's world each worker still has a job, a pension, and a $7000.00 profit sharing check. Third: Mitt believes in bailouts for him but not you: Mitt saved the Salt Lake City Olympics...With a billion and a half dollars in government bailout money. Mitt's own company, Bain Capital, ws facing bankruptcy...Mitt took over ten million dollars n bailout money to save it. Mitt Romney has created zero net jobs in America. Never has, never will. It's all about him. A vote for Mitt Romney is a vote to end the middle class in America. Tell your friends. I mean it...Tell them! Steve
Monday, October 29, 2012
Romney: Bankruptcy to Eliminate Unnecessary Expenses"...Like Employee Pensions
If you work for a living, get a paycheck for the hours you put in for your employer, you need to understand some things about Mitt Romney and Mitt Romney's way of doing business. First: Mitt is a sociopath. Believe nothing he tells you. This is the same character trait that allows him to rail against anti-war protestors and then take four military deferments to do Mormon missionary work in France. My friends were getting shot at and dying, Mitt was here...