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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (33785)

11/9/2012 12:25:49 PM

From: koan

Read Replies (1) | Respond to of 85487

Bankruptcy means reorganization, not scrapping the entire company, blowing all their facilities up, etc. And once again, I will point out that Chrysler and GM DID GO BANKRUPT!>>

It was more a federal bailout than a bankruptcy. 80 billion dollars.

Romney did not want a federal bailout and without it the car industry would have collapsed. That is what he meant when he said, let them go bankrupt.

Romney did no Obama to give them 80 billion dollars and without that, the car industry would have failed.

Maybe that is why you support Romney, because you don't understand what was going on?