• fb_1620175433 avatar William Posted: 11/6/2012 9:34am PST

    You went hard on Obama and easy on Romney. Romney's Nov. 2008 article explicitly said to let the auto makers go bankrupt - and you say you are "mixed" on that? Explain why, please. Whose solution do you think was correct, Romney's or Obama's? And stop playing both sides of the game.

  • marty avatar Marty Posted: 11/6/2012 10:07am PST

    Yes, and the President took them into bankruptcy, so there's very little daylight between the two policies. Chapter 11 is the accepted legal practice, with primary secured creditors taking priority over unsecured creditors; 383 filings are now being used to reroute that, with mixed effect. Why should I stop playing both sides? And if I'm doing that, how am I hard on one, and easy on the other?

  • Dan Akerson's Empty Skull avatar Dan Akerson's Empty Skull Posted: 11/5/2012 8:49pm PST

    Nice post. Very useful information. Thanks.