Wednesday, November 19, 2008

Mitt Romney's answer for Detroit: Bankruptcy

Today we're going to spend some time on this proposed $25 Billion automotive industry bailout. As I write, the fellas who drove these companies into the ground are on Capitol Hill, arms extended, hands out, asking for a lifeline from the taxpayers. Thankfully, lawmakers seem reluctant. Let's hope it stays that way.

Mitt Romney has submitted a piece that I find very interesting. Keep in mind, he's a Michigan native with deep Detroit ties. He says the best solution is bankruptcy. Worth the read.

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