Ryan hits Obama on auto bailout
October 28th, 2012
09:22 AM ET
1 year ago

Ryan hits Obama on auto bailout

Sabina, Ohio (CNN) – Vice presidential nominee Paul Ryan lent support to running mate Mitt Romney in Ohio on Saturday by going after President Barack Obama for "picking winners and losers" in the federal auto bailout.

The Republican presidential ticket has struggled to overcome the Democratic president's lead in the crucial battleground state, in part because of Romney's opposition in 2008 to a federal bailout of the U.S. auto industry.

– Follow the Ticker on Twitter: @PoliticalTicker

– Check out the CNN Electoral Map and Calculator and game out your own strategy for November.

On Saturday evening, Ryan unveiled another line of attack after meeting with nonunion, salaried employees who faced significant cuts to their pensions when government intervened in early 2009.
When he appeared at his fifth and final rally of the day, Ryan talked about the 10 or so people he met with who worked at the local Delphi Automotive plant. The same company, which supplies parts to General Motors, also operated a plant in Oak Creek, Wisconsin, part of the congressional district Ryan has represented for 14 years.

"You see the president likes to go around Ohio talking about how he saved the auto industry, how the auto bailout was such a success. Tell you what: He hasn't talked to these Oak Creek salaried employees, he hasn't talked to these Ohio Delphi salaried employees, because this is one of those examples of the government picking winners and losers," Ryan said at a high school in Sabina, located between Columbus and Dayton.

Ryan's comments came just days after Sen. Rob Portman of Ohio, a top campaign surrogate, ">defended Romney's opposition to the bailout in the state's Rust Belt.

At the Delphi employee roundtable, Ryan was joined by Ohio Rep. Michael Turner and Tom Rose, chairman of the Delphi Salaried Retirees Association fund-raising committee, which is fighting to restore full pensions earned or entitled to salaried employees who did not receive the same benefits as union employees did in the federal bailout.

"Mitt Romney and I have a different idea of how government should operate. We don't think we should be sitting in Washington picking winners and losers. We don't think we should be deciding who gets what, where, when, and how and who doesn't," said Ryan. "There's nothing wrong with asking for honesty and decency and fairness and transparency and equal treatment for all."

Also on the CNN Political Ticker

– Obama courts young voters in MTV interview

– Coulter stands by use of controversial word to describe Obama

– A gridiron battleground

– Micro-targeting offers clues to early vote leads


Filed under: Mitt Romney • Ohio • Paul Ryan
soundoff (66 Responses)
  1. Wire Palladin, S. F

    Ayn Ryan and Mittens do not care about workers. Ryan has voted against veterans, seniors, college students, middle class workers, the poor, the uninsured, college students, and our environment. Fortunately for him, the republican base is made up of birthers, and misinformed Fox foreign owned media viewers.

    October 28, 2012 09:27 am at 9:27 am |
  2. Charlotte

    Yeah, Ryan and Romney would let them ALL lose so long as they themselves profited nicely out of the mess.

    October 28, 2012 09:28 am at 9:28 am |
  3. Kumar

    Why would any one Vote for Romney "The Big Bush ?"

    October 28, 2012 09:29 am at 9:29 am |
  4. 1twinsfan

    Mitt Romney owns a chunk of Delphi so thanks to the auto bailout, he made about $15 million himself.

    October 28, 2012 09:37 am at 9:37 am |
  5. Name

    Hilarious. Not voting to save the American car company a bad bet on American worker blaming the recovery the man has no shame

    October 28, 2012 09:39 am at 9:39 am |
  6. vic , nashville ,tn

    “IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye.”
    New York Times November 18 2008 Mitt Romney

    Still Whispering in ear

    October 28, 2012 09:44 am at 9:44 am |
  7. Andrew

    What a dumb line of attack. Romney is arguing his private business experience makes him the right choice, and he made a career on picking winners and losers in private equity. I just feel like when Team Romney get behind, their advisors have no idea what to do and send them out to fail.

    October 28, 2012 09:44 am at 9:44 am |
  8. Andrew

    "There's nothing wrong with asking for honesty and decency and fairness and transparency and equal treatment for all."
    ______

    He forgot to say, "Except when we give the rich a disproportionate tax rate or to those without health insurance".

    October 28, 2012 09:47 am at 9:47 am |
  9. Andrew

    "There's nothing wrong with asking for honesty and decency and fairness and transparency and equal treatment for all."
    ______

    He forgot to say, "Except when we give the rich a disproportionate tax rate or to those without health insurance or women"

    October 28, 2012 09:47 am at 9:47 am |
  10. plain&simple

    And what would have happened to these workers Ryan purports to care about if the auto industry were left to collapse as his boss wanted????? Romney's America....if I need you I care!!!!

    October 28, 2012 09:48 am at 9:48 am |
  11. Jill

    Delphi? You want to talk about Delphi? Bain Capital had its hands in Delphi failures and jobs being off shored. The US Congress of which Ryan has been a part for 24 years has picked the winners and losers by its failure this past two years to pass Jobs and training bills. That is the real failure. Further, many many companies who are sitting on the largest cash they have in 50 years changed their pension plan formulas (less payout in the future) or froze their pension plans permanently after the big bank and Wall Street crash of Sept. 2008. Delphi middle management salaried people are not unique in this regard. And salaried folks in middle management know that they always get the shaft. Senior management takes care of themselves with their salary plans and bonus and retirement plans. Yes indeed, you can bet they did not come out in bad shape. When you are not in senior management or hourly in a union, you do get the squeeze and everyone in salaried jobs knows that! Even many union employees have lost their good jobs in the past 20 years because of company takeovers and shipping plant equipment and jobs overseas. That is the Bain (romney) model – he owns it!

    October 28, 2012 09:49 am at 9:49 am |
  12. jen

    one more thing. Ryan is talking about the Delphi company, that company was outsourced due to Bain capital. Look it up. Ryan again Lied.

    October 28, 2012 09:50 am at 9:50 am |
  13. jinx88

    Ryan you should be worried about losing your job in Wisconsin. These people wouldnt have a job if it wasnt for Obama. so you may talk about their pensions, but at least they have a job. Mittens ticket is a joke!!! They are getting desperate as reality is sinking in that they are losing bad. American people aren't stupid, well some might be in voting for Mittens.

    October 28, 2012 09:52 am at 9:52 am |
  14. concerned citizen

    Ryan and Romney are classless jokes! In Florida their followers are taking down Democratic signs everywhere and they want to come off as they are saving the world. The are cowards

    October 28, 2012 09:54 am at 9:54 am |
  15. guess who

    maybe he should be asking, who owns GM now?
    the Canadian government

    October 28, 2012 09:57 am at 9:57 am |
  16. Kevin

    Lyin' Ryan really underestimates the American voter.

    Obama stood with the auto industry. Romney said "go bankrupt."

    October 28, 2012 10:01 am at 10:01 am |
  17. reginaldb6

    You know its funny if Romney had his way they would gotten NOTHING, Romney and Bain come in a stripped pension in every company they get involve in. One more thing ROMNEY WANTED DETROIT TO GO BANKRUPT.
    Another case of people voting against their own interest.

    October 28, 2012 10:02 am at 10:02 am |
  18. DOG1

    He's just upset that his buddy Romney didn't get a chance to buy this company and HARVEST it (his own words) for all its assets including the workers pensions and sell it to the Chinese like he did all those others.

    October 28, 2012 10:07 am at 10:07 am |
  19. Jimmy

    I'd like to point out that Obama had nothing to do with Delphi and what happened there. There is someone to blame however. When Mitt Romney realized he couldn't make money off of the failing auto industry buy vulturing the dead companies and shipping their jobs overseas. Him and his Cronies turned to the only company they could manipulate. Delphi. Bain Capitol did what they do, what Mitt Romney has done for two decades, they came into that company and destroyed the Pensions of non-union Delphi workers, (there's a reason Mitt doesn't like unions). He and his cronies shipped the jobs away and took over the company, destroyed their pensions and any benefits related to the smaller amount of workers kept. Then he and his cronies pocketed the rest. Do you know he made billions off of the bailout? Do you know he did that by using the back door at Delphi? Do you know what he would have done to the auto industry if he had it his way? They'd be destroyed, and not just them, every peripheral business that would get affected by that would be too. Him and Ryan are dirtballs, thieves and liars.

    October 28, 2012 10:08 am at 10:08 am |
  20. Jimmy

    The gall they have to create commercials and stand up there and blame Obama over something they did boils my blood. The people at Delphi need to look a little deeper to find out where their pensions are. They're sitting in Mitt Romney's bank account.

    October 28, 2012 10:10 am at 10:10 am |
  21. Anonymous

    Paul Ryan's national career is nearly over. He knows this. Mitt Romney knows this. And what a well deserved finish for a man who should never have been put on the ticket to begin with it'll be come Nov. 6th. Deficit hawk, my foot.

    October 28, 2012 10:11 am at 10:11 am |
  22. Anthony

    Romney's plan, letting Detroit go bankrupt without government financing, would have hurt both union and nonunion workers. Both would have lost their jobs. The auto industry would cease to exist. Americans would need to buy their cars from China.

    October 28, 2012 10:22 am at 10:22 am |
  23. ST

    Whenever I see the picture/photo of Paul Ryan reminds me of him in a Soup Kitchen washing dishes. I tried very hard to let this one go, but I have to admit I have failed completely.

    October 28, 2012 10:28 am at 10:28 am |
  24. ted

    blah blah blah. Ryan, your running mate would have preferred to take the vulture capital route by letting GM and Chrysler go into bankruptcy and move all the jobs to China. Neither of you like the middle class folk as you feel they are merely obstructions in the path of making money. And by the way, what did you do before Obama became president to save GM at Janesville?/ That's right – nothing. Not one darn thing. You are a hypocritical arrogant rightwing wackjob..

    October 28, 2012 10:42 am at 10:42 am |
  25. L.R.Long

    Too little, too late.

    October 28, 2012 10:44 am at 10:44 am |
1 2 3