Buy Newspaper Ad For Romney Op-Ed
It would be nice if someone in the Democratic Party would do a national newspaper ad buy that reprints Mitt Romney's "Let Detroit Go Bankrupt " Op-Ed. In Romney's Op-Ed he did not ask for bailout money for American car companies. He actually did, as President Obama, said the opposite.
"Snip"
But don’t ask Washington to give shareholders and bondholders a free pass — they bet on management and they lost.
"Snip"
The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk.
"Snip"
In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.
http://www.nytimes.com/2008/11/19/opinion/19romney.html?_r=0