Mitt Romney Admits Auto Industry Rescue Worked, Pretends It Was His Idea

In an interview with ABC News on Wednesday morning, Willard once again rewrote history on his position about the government's rescue of the auto industry. He's been playing this little game for months.

Let's be clear. Willard opposed the bailout, which began under George W. Bush and continued under President Obama. Period.

My view with regards to the bailout was that, whether it was by President Bush or by President Obama, it was the wrong way to go,” he said, during the event at Oakland University in Rochester, Michigan, sponsored by CNBC.

The problem is, if there hadn't been a bailout, there would be no auto industry.

Without the intervention of the Bush and Obama administrations, we would have seen the liquidation of both Chrysler and probably GM,” Cole said in August. “That would have taken the whole industry down. We would have seen a disaster in terms of the job impact.”

Something in the range of one million jobs would've been lost.

Willard wants to take credit for favoring a managed bankruptcy -- which is something the Obama administration proposed early on -- and simultaneously bash the bailout.

This is much like bragging about the fact you opposed using a defibrillator on a patient who's heart had stopped--but were right about the antibiotics he was put on later.

Amazing that he keeps getting away with it.


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