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Ohio senator disputes Obama comments on auto plan



Published: Wed, October 24, 2012 @ 5:28 p.m.

HAMILTON, Ohio (AP) — Ohio’s Republican senator said today that President Barack Obama is distorting Republican Mitt Romney’s position on the auto industry bailout, a key issue in the pivotal state.

Sen. Rob Portman called Obama’s comments at a Dayton rally “reckless and irresponsible,” and said Obama “is not telling the truth.”

Obama and Vice President Joe Biden have repeatedly highlighted the auto industry bailout while campaigning in Ohio, saying it helped rescue automakers and save many thousands of jobs in the state. They rallied together Tuesday afternoon in a Dayton park, where Obama stressed the importance his administration’s role, saying the auto industry is linked to as many as one of every eight Ohio jobs.

“If Mitt Romney had been president when the auto industry was on the verge of collapse, we might not have an American auto industry today,” Obama said.

While Romney supported a managed bankruptcy, Portman said Obama used “a political bankruptcy” with the government making decisions, “picking the winners and losers.”

“I think people will be really surprised to learn that what Barack Obama has been saying and what his ads say is not accurate,” Portman said. “Mitt Romney did have a plan to save the auto industry.”


Comments

1jojuggie(1473 comments)posted 2 years, 1 month ago

Hey gdog, that's a nice name for repubs. How about DEMO c RATS for the Dems?

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2redeye1(4687 comments)posted 2 years, 1 month ago

GDOG You demoncrats are as useless as a turd. You change your stories about all things to suit the situation. BO ( Blame OTHERS) hasn't said anything of truth during his entire term But once again you feeble minded arseholes believe all he says because you can't think on your own. He doesn't have a record that you or him canstand on, so you all try insults to try to get results.

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3BabaGhanoush(106 comments)posted 2 years, 1 month ago

Democrats obviously are truly ignorant, as is Obama, of the bankruptcy laws.
They, as with Obama, think liquidation, which is Chapter 7, is the only option available.

Chapter 11 allows for control to remain with the company:

"In Chapter 11, in most instances the debtor remains in control of its business operations as a debtor in possession, and is subject to the oversight and jurisdiction of the court."

Mitt was right, in that a managed bankruptcy, overseen by the courts, would have been the right decision.

The problem was that Obama did not want any contracts broken, much less the unions.

He also stole money from the bondholders and gave it to the unions.

The Delphi retirees were guilty of not joining the unions and so deserved to have their pensions stripped.

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4sonnype(71 comments)posted 2 years, 1 month ago

Portman has reached a new low and its time for him to go.

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5Sensible(118 comments)posted 2 years, 1 month ago

"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."
- Mitt Romney's letter to the New York Times on November 18 2008.

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6DwightK(1300 comments)posted 2 years, 1 month ago

Rob Portman would have just sent the auto jobs to China.

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7UNCOMMONSENSE(389 comments)posted 2 years, 1 month ago

Robbie Portman...I guess the political bankruptcy was the right decision because it worked. The Delphi retirees need to stop whining...unfortunately this time your OX got gored.

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