While covering this presidential race, it has now become common for jaws to hang wide open after reading the latest thing Mitt Romney said. Let us know if the same thing happens to you.
- Mitt Romney wants credit for American auto industry success
- Republicans who opposed auto bailout stumped by Romney claiming credit for it
- RNC official says Romney "still deciding" on immigration
- Fact-checking Romney's comments on median income under President Obama
- Obama leads Romney by wider margin in new national poll, helped by independents
- Five reasons Senator Richard Lugar will likely lose in Indiana tonight
- North Carolina voters decide on same-sex marriage amendment
- Congress gets to-do list from President Obama
- Senate Republicans block bill on student loans rates
- Europe has Greece, U.S. has Missouri & Mississippi, all explained in chart
- Ex-presidents run up government expense bills
- Author Maurice Sendak passes away, video of him talking about life and death
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Forget jaw dropping. It doesn't make a dent. Let's see:
Governor Romney not only takes credit for saving the auto companies, which he earlier wanted to fail, but also says in effect that President Obama didn't lift a finger to help them.
How GOOFY is that?
1) Romney wanted a court process bankruptcy workout where all stakeholders could be represented by counsel.
2) Obama wanted a political appointee CZAR that dictated the terms of the workout, with the Unions coming out very much ahead at the penalty of the Bond Holders.
3) The federal government is still on the hook for billions of tax payers and borrowed dollars handed over to make General Motors workout reach the level of success it has. Crysler Corporation that was only marginally affected as they were under private corporate ownership has paid back loans received, and are doing fine free and clear of federal government meddling. And Ford Motor Companny, who wanted nothing to do with the federal governments buying their way into control of their corporation, said "No thank you, Mr. President" and are doing the best of all, while meeting their obligations to their share holders and bond holders in the process.
4) So go figure, Mr. Dropped Jaw!