United Auto Workers President Bob King is out with a statement slapping down Mitt Romney’s claim that he deserves “credit” for saving the auto industry by recommending they go through bankruptcy. King notes that there was no private financing available in the midst of the 2008 and 2009 crisis to keep them afloat, meaning that without billions of dollars of government loans — opposed by Romney — the car companies would have likely been liquidated.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=155692