re: #139 Obdicut
But he’s lying. Romney didn’t want government to guarantee for the loans that’d take them through bankruptcy, he wanted them to garuntee loans for post-bankruptcy financing. Part of this is because he wanted them to have to junk all the union contracts.
Using bankruptcy to scrap the UAW contracts would have greatly increased GM and Chrysler’s profitability, so that’s not a solution to be despised.