Mitt Romney has taken Michigan for granted way too long. He thinks he can swoop into the state with his buckets of money, remind Michiganders that his father is George Romney and expect people to line-up for him at the voting booth.
But, what has Mitt Romney ever done for Michigan? Besides writing off the very auto industry that his father built up!! His exact words were, "Let Detroit go bankrupt." And we all know by now how much Romney loves firing workers!!
When Wall Street collapsed, President George W. Bush had no problems saving Wall Street for his white collar, bank tycoon buddies. However, it took a true man of the people, President Obama, to see that the blue collar workers deserved help, too. Thus, Obama didn't listen to the crony capitalists shouting "wasteful spending" when he bailed out the auto industry, and he certainly didn't listen to "Let Detroit go bankrupt" Romney!!
In a recent
opinion piece in the Detroit News, Mitt Romney doubled-down on trashing the auto industry by essentially calling the workers themselves, greedy. "Chrysler's "secured creditors," who in the normal course of affairs should have been first in line for compensation, were given short shrift, while at the same time, the UAWs' union-boss-controlled trust fund received a 55 percent stake in the firm."
In other words, for Romney, the big bankers should win and the workers lose. This from
Justin Hyde with "Yahoo! Autos":
Chrysler's secured creditors were a group of Wall Street banks — including J.P. Morgan, Citigroup and Goldman Sachs — and investment firms, some of whom had bought the company's secured bonds in the months ahead of bankruptcy hoping to cash in. They could have rejected the government's offer of 28 cents on the dollar in cash for their $6.7 billion in bonds and paid to liquidate Chrysler themselves, but decided that not only would they come out even further behind, they'd also be blamed for destroying an American automaker. (GM's secured creditors − also mostly Wall Street banks — were paid in full, and endorsed the Obama bankruptcy plan.)
As for the "union-boss-controlled trust fund," that's what's known as a VEBA trust that now pays the health care of 426,409 retirees from GM, Ford and Chrysler — and in return, owns all future health-care obligations from the companies for those retirees. With this, Romney appears to argue that before hundreds of thousands of UAW retirees got health care, Wall Street should have been made whole.
So, you have to ask yourself, "Would Mitt Romney be the kind of president who would be favorable toward middle-class workers?" Ask the auto industry workers who nearly lost their jobs because of Romney. Ask those who lost their job because of Romney's Bain Capital -- a company that would buy up distressed companies and make them profitable again by slashing employees and the benefits of the employees left. Michigan won't fall for your sweet talk any longer, Mitt. They are smarter than you and are going to need something more than a hand-shake, and an t.v. spot saying, "Hi!! I'm George Romney's son" to get their vote.
Mitt Romney isn't even leading in Michigan!! Rick Santorum has a healthy lead on Mitt Romney.
One poll has him up 39% to Romney's 24%. If the Massachusetts governor can't win Michigan, how can he expect to win the Mid-West over President Obama?
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