Thursday, November 20, 2008

Real Talk: The 'Detroit Rock City' Edition.

FILE UNDER: A Moment of Clarity.


"I'm Mitt Romney, and I approve this message!"

"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..."


  • NEW YORK TIMES: Let Detroit Go Bankrupt by Mitt Romney
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