Tuesday, October 23, 2012

Observations on the 2012 Election 10.23

Last night was the third and final presidential debate between President Obama and Willard. I don't think they have been anywhere near as important as some would have us think. The polls really are skewed in a way but not by any side or the other trying to make them look good. They are skewed by the facts of a modern election. Despite all the Republican attempts to stop it in some states for the first time more people may have voted before election day than actually vote on it. Also I don't see how it is possible to look at these two men and be undecided, seriously, if you are undecided at this point you are probably undecided about a lot of things in life.

But if you really are still undecided I'm writing this in an attempt to sway you. Below you will find all you need to know about Willard Romney. What he wrote about the auto industry bailout in The New York Times back in 2008 and what he said on the same subject during last night's debate. I think the few paragraphs I'm posting are enough to make my point but if not at the bottom you will find links to the complete Times piece and the full debate transcript.

Let Detroit Go Bankrupt
By Mitt Romney
Published: November 18, 2008
"If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check...."

Presidential Debate
October 22, 2012
Romney: "I’m a son of Detroit. I was born in Detroit. My dad was head of a car company. I like American cars. And I would do nothing to hurt the U.S. auto industry. My plan to get the industry on its feet when it was in real trouble was not to start writing checks. It was President Bush that wrote the first checks. I disagree with that. I said they need, these companies need to go through a managed bankruptcy. And in that process, they can get government help and government guarantees, but they need to go through bankruptcy to get rid of excess cost and the debt burden that they’d, they’d built up."
President Obama: "Governor Romney, that’s not what you said…"

As I said last night; game, set, match President Obama.

Romney Opinion Piece
Debate Transcript

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