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The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path… - Mitt Romney
" "The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk. In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.
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About Mitt Romney
Willard Mitt Romney (born March 12, 1947) is an American politician and businessman who has served as the junior United States senator from Utah since January 2019. He previously served as the 70th Governor of Massachusetts from 2003 to 2007 and was the Republican's nominee for President of the United States in the 2012 election. In 2023, Romney announced he will not run for reelection in 2024 and will retire from the Senate when his term expires in 2025.
Also Known As
Birth Name:
Willard Mitt Romney
Alternative Names:
Pierre Delecto
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Additional quotes by Mitt Romney
Dishonesty is Trump's hallmark: He claimed that he had spoken clearly and boldly against going into Iraq. Wrong, he spoke in favor of invading Iraq. He said he saw thousands of Muslims in New Jersey celebrating 9/11. Wrong, he saw no such thing. He imagined it. His is not the temperament of a stable, thoughtful leader. His imagination must not be married to real power.
I'm outraged by the attacks on American diplomatic missions in Libya and Egypt and by the death of an American consulate worker in Benghazi. It's disgraceful that the Obama administration's first response was not to condemn attacks on our diplomatic missions, but to sympathize with those who waged the attacks.
The President asked a foreign government to investigate his political rival. The President withheld vital military funds from that government to press it to do so. The President delayed funds for an American ally at war with Russian invaders. The President’s purpose was personal and political. Accordingly, the President is guilty of an appalling abuse of the public trust. What he did was not “perfect” — No, it was a flagrant assault on our electoral rights, our national security interests, and our fundamental values. Corrupting an election to keep oneself in office is perhaps the most abusive and destructive violation of one’s oath of office that I can imagine.
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