DNC squares off with Romney
June 9th, 2011
09:24 AM ET
7 years ago

DNC squares off with Romney

(CNN) - The Democratic National Committee "welcomed" Mitt Romney to Michigan Thursday with a new video, ahead of a trip to his birth state.

The minute-long web spot features video of the Republican presidential candidate calling for General Motors and Chrysler to file for bankruptcy at the height of the auto crisis. In the national hub of the industry, Democrats have sought to tie Romney to the comments and a similar op-ed he wrote in 2008.

The former Massachusetts governor, who won the state's presidential primary in 2008 as a candidate for the GOP nomination, was raised in Michigan where his father served as the state's governor and head of American Motors.

On Thursday Romney will meet with voters in Livonia, Michigan. He will later tour and hold a business roundtable at Bizdom U, a program that trains entrepreneurs in Detroit, Michigan.

GM and Chrysler eventually filed for bankruptcy as part of a process orchestrated by the Obama administration through which the government took on an ownership stake in the companies.

In the 2008 op-ed, Romney advocated for a "managed bankruptcy" where the government would guarantee post-bankruptcy financing to "assure car buyers that their warranties are not at risk."

"A managed bankruptcy may be the only path to the fundamental restructuring the industry needs," Romney wrote. "It would permit the companies to shed excess labor, pension and real estate costs."

The Romney campaign released a statement Thursday criticizing President Obama's record in the Great Lakes State, pointing to the unemployment rate and job loss it has suffered in the last two years.

"President Obama has failed the Michigan economy," the release stated.

- CNN Deputy Political Director Paul Steinhauser contributed to this report.

- On Monday, June 13, CNN will host the first New Hampshire Republican Presidential Debate, live from Manchester, NH at 8 p.m. ET. Follow all the issues and campaign news leading up to the debate on CNNPolitics.com and @cnnpolitics on Twitter.

Filed under: 2012 • DNC • Mitt Romney
soundoff (28 Responses)
  1. king

    finally a dem standing up to a repug, and actually calling them and the lies and hyprocrocy they like to deal, is the dems finally have a little fight in them. the only fighter the dems have is Weiner, and the repugs will do all the hyprocrocy they can muster to get rid of him. can debbie stand up to the repugs on the the lies they love to spread about the president and the dems. hey i know the dems cannot stand up to the repugs big corporation money and propoganda power, because most of the rich dems are vying for the same thing rich people are vying for, more money in their pockets. so to fight for the middle class and poor will be a daunting experience, knowing how short minded and gudible most americans are. i can see a third world nation in our future. the repugs will just get what and who they can salvage and leave the rest of us in the elements.

    June 9, 2011 10:58 am at 10:58 am |
  2. There Go Those Pesky "Liberal" Facts Again

    If it`s truly "the Economy" that people care about and NOT skin color, Obama should win Michigan, Illinois, Missouri, Ohio, Kenkucky, western PA, Indiana & Wisconsin running away.

    Each of these states is home to either car factories, steel producers, auto component companies or rubber manufacturers that DEPEND on the US Big 3 Auto Companies for their orders and therefore their employment.

    There are a bunch of white, blue collar, "Joe-The-Plumber looking folks out there who owe President Obama a word of thanks. Heck, they should be volunterring to be in TV commercials for the man!

    Hourly-paid, lunch pail-carrying Americans, the Republicans like Romney openly rejected standing up for you. Now they want to BUST your unions.

    In the privacy of the voting booth, open yours eyes, vote YOUR economic self-interests. Vote Democratic starting with Obama.

    June 9, 2011 11:00 am at 11:00 am |
  3. Publius Novus

    "Shed excess labor, pension and real estate costs." Mr. Mittens knows quite a bit about getting rid of "excess" labor costs and pensions. After all, how do you think he made his money at Bain?

    June 9, 2011 11:02 am at 11:02 am |
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