As the Romney campaign scrambles, especially in Ohio, to explain Mitt’s ever-changing positions on the auto bailout, ThinkProgress compiles a list of Republican legislators and leaders who have spoken out in favor of Obama’s policy of government loans to facilitate a managed bankruptcy. My favorites:
Michigan Rep. Thad McCotter: “There was no choice” but to use government funds to save the auto industry, McCotter told MSNBC in February. “So to my fellow Republicans I’ll simply remind them, if you were in Congress at the point in time or if you were President Bush, you could leave all $700 billion of taxpayers hard-earned money with the Wall Street people, or you could take some back to Main Street to keep America a balanced, vibrant economy,” McCotter said. “To me there was no choice.” …
Auto Industry Task Force member Harry Wilson: Wilson, a member of Obama’s Auto Industry Task Force who has run for office as a Republican in New York, criticized Romney’s view of the bailout last week. “I’m, as you know, a Republican who supports the governor. But I think on this issue, I thinkhe’s really mishandled it,” Wilson told Bloomberg. “He came out both in 2008 and earlier in 2012, in a piece in one of the Detroit newspapers, and said he wouldn’t have supported any government capital because private capital was available. That’s simply not true.”
The Detroit News editorial board: A self-described “conservative newspaper,” the Detroit News endorsed Romney for president last week. But in its endorsement editorial, the paper blasted Romney for his “wrong-headedness on the auto bailout.” Romney “was wrong in suggesting the automakers could have found operating capital in the private markets,” the editors wrote. “Romney suggested government-backed loans to keep the companies afloat post bankruptcy. But what GM and Chrysler needed were bridge loans to get them through the process, and the private credit markets were unwilling to provide them.”
He was absolutely wrong about this in 2008. But he can’t admit that, so he has to pretend that he was right about it. Ohio residents, in particular, don’t seem to be buying that.