- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up

Poland


Residential
5 bedroom, 6 bath
$395000


Poland


Residential
4 bedroom, 7 bath
$949900


- Advertisement -
- Advertisement -
 

« News Home


Romney is clueless


Published: Sun, October 21, 2012 @ 12:00 a.m.

I’ve been asked to outline the reasons why Willard Mitt Romney’s election to the presidency would be bad for our Valley and our nation. The powers that be at The Vindicator have asked me to make my case in 550 words or less.

I don’t need that many.

That’s because the obfuscating, shape-shifting, unprincipled, say-anything-to-get-elected GOP nominee actually wrote this column for me in October of 2008. Here, in 36 of his own words published in The New York Times, is the reason why Mr. Romney tells all of us why he is wrong for our community and America:

“Let Detroit Go Bankrupt

BOSTON — If General Motors, Ford and Chrysler get the bailout that their chief executives asked for on Tuesday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.”

I don’t have to say anything more, do I?

OK, I can’t help myself, I will.

Those words illustrate the disdain for working families that characterized Mr. Romney’s years as the job-destroying CEO of Bain Capital and they prove he has no clue about how to move our nation forward.

The fact is that the prescriptions for our economy, taxes, Medicare and health care, the environment, women’s issues, labor, education, Social Security, defense, and foreign policy are every bit as wrong as his prediction for the future of GM and Chrysler.

Obama’s commitment

President Obama’s commitment to the industry that employs tens of thousands of Valley residents and one of every eight Ohioans was the catalyst for a remarkable turnaround that’s paying huge dividends for our nation and our community. It’s a turnaround symbolized by the success of the Lordstown-built Cruze which beat both the Honda Civic and the Toyota Corolla to become the nation’s best-selling small car in August and September.

And the good news doesn’t end there. Because the Lordstown workforce — a workforce comprised of our neighbors, friends, and family members — has done such an outstanding job producing the nation’s number one small car, GM recently announced that the next-generation Cruze will be built right here in our backyard.

That means GM will invest $200 million in the Lordstown plant. It means that thousands of Valley workers will have jobs there until at least 2020. It means success and security for the local businesses who supply GM and the merchants who sell everything from pizzas to Harleys to the men and women who build the car that is driving our local economy.

And it means that Mitt Romney was wrong.

Altering reality

That, of course, didn’t stop him from trying to alter reality. As he has throughout the campaign, during the second presidential debate Mr. Romney flip-flopped and fibbed. His preposterous claim that President Obama followed his plan for rescuing the automakers was immediately dismissed by fact-checkers and derided by autoworkers.

But no matter how hard he tries or how often he lies, Mitt Romney can’t hide from these stark truths:

He was wrong about the auto industry, his economic plan that favors tax cuts for Wall Street over good jobs for Main Street is wrong for America, and that makes him dead wrong for the Mahoning Valley.

David Betras is chairman of the Mahoning County Democratic Party.


Comments

1ipaidattention(68 comments)posted 1 year, 10 months ago

Delphi Retiree :If you want the protections of a union, you morons should have joined a union, paid union dues over the years. You had every right to do so and chose not to. Now you're angry. It's no different than someone without car insurance driving a car and being upset they have to pay the full cost of an accident even if htey didnt cause it. Shoulda had insurance, paid into it, and it would have taken care of you. You are not entitled to Union protections when you were non-union!

Suggest removal:

2borylie(790 comments)posted 1 year, 10 months ago

ipaidattentention,
Why should anyone have to pay for protection? Is this the kind of country you want to have? Why can't what's right be the driving force? How about the GM bond holders,should they've been paying for protection since the laws of bankruptcy weren't followed and they got the shaft?

Suggest removal:

3NoSympathy(1 comment)posted 1 year, 10 months ago

Concerning Delphi: when I worked at Delphi, I knew,more than what a few, salaried people made, and also what their retired spouses benefits were. It was also common knowledge what the Union people made as well. There is no doubt in my mind, that that these very high salaries were made the majority of the automotive industry. Greed and extremely bad management, was the demise of your pensions. I totally understand your counting on that huge monthly pension and paid healthcare,,,, But, you can't blame Obama, your demise was in the works years and years ago. It just finally caught up to you....

Suggest removal:

4uselesseater(229 comments)posted 1 year, 10 months ago

What a laugh. Betras blowing up the over inflated hot air balloon for the Democratic party.

GM is outsourcing, offshoring and moving jobs out of the US, even with the funny Obama money.

When is GM ever going to repay us? Answer, never because their stock shares would have to more than double.

$21 billion of that handout is going to CHINA. To open manufacturing to produce Cadillacs and new electronic-based cars. Nice to see our money going to do that. Guess what? American jobs won't be there in China.

" job-destroying CEO of Bain Capital and they prove he has no clue about how to move our nation forward."

That's interesting. How many jobs has Barrack Obama ever created? How many jobs has David Betras ever created? Has either ever made payroll?

Sure Bain did some disassembly of companies and sold them off. Scrapped them. In a region full of illegal scrappers who will steal the siding off of your house, you'd think folks would think better of the legal variety.

No I don't agree with parting, scrapping and offshoring.

Folks want to paint Bain as some evil company. Obama received plenty of money from folks designated as employed by Bain in 2008. I don't see him rushing to refund and check this cycle for more of the same, now do I?

Who invests retirement dollars in Bain?

Since 2000, Preqin reports, the following funds have entrusted some $1.56 billion to Bain:

* Illinois Municipal Retirement Fund ($2.2 million)

* Indiana Public Retirement System ($39.3 million)

* Iowa Public Employees’ Retirement System ($177.1 million)

* The Los Angeles Fire and Police Pension System ($19.5 million)

* Maryland State Retirement and Pension System ($117.5 million)

* Public Employees’ Retirement System of Nevada ($20.3 million)

* State Teachers Retirement System of Ohio ($767.3 million)

* Pennsylvania State Employees’ Retirement System ($231.5 million)

* Employees’ Retirement System of Rhode Island ($25 million)

* San Diego County Employees Retirement Association ($23.5 million)

* Teacher Retirement System of Texas ($122.5 million)

* Tennessee Consolidated Retirement System ($15 million)

These funds aggregate the savings of millions of unionized teachers, social workers, public-health personnel and first responders

college clients have included Cornell, Emory, the Massachusetts Institute of Technology, Notre Dame and the University of Pittsburgh. Preqin reports that the following schools have placed at least $424.6 million with Bain Capital between 1998 and 2008:

* Purdue University ($15.9 million)

* University of California ($225.7 million)

* University of Michigan ($130 million)

* University of Virginia ($20 million)

* University of Washington ($33 million)

Heinz Endowments and the Oprah Winfrey Foundation

see:
http://www.nypost.com/p/news/opinion/...

Suggest removal:

5sameolhub(55 comments)posted 1 year, 10 months ago

BETRUS IS CLUELESS, anyone in business that gets in troubled goes through a managed bankruptcy, maybe Dave isn't aware of that, he spends most of his time chasing ambulances these days, GM has stolen 30-50 billion of tax dollars they will never pay back. O'bama shouldn't pick winners and losers but he did and at the expense of tax payers. He is supporting a Catholic hating President who's party took 3 votes to put God back in the platform, and who actually has booed God. The only county's Obama may win are Mahoning Trumbull and Cuyahoga, and that is only out of shear stupidity inherant in this area. Blind loyalty and the Dumocrats keep screwing thier lights out, they must like it........

Suggest removal:

6Education_Voter(857 comments)posted 1 year, 10 months ago

Wow. Sameolhub managed to get in most of the right-wing talking myths in one paragraph.

Suggest removal:


News
Opinion
Entertainment
Sports
Marketplace
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2014 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes | Pittsburgh International Airport