OK I don't write that many Diaries, and I FUCKED up badly by jumping the gun on my last one about Trump, I was more than a little embarrassed. I honestly believed it was something Trump would stoop to, and I still believe he would, but bottom line I was wrong.
But hell I put my heart in to this and I believe I'm right this time, and the point I'm making is very valid, maybe it doesn't deserve the rec list but JEEEZ I would have loved some replies to at least point out where I was wrong.
Mitt Romney has not only denied he advocated for bankruptcy for the USA car manufacturers, NO Mitt Romney has gone far beyond that and brazenly taken credit for the recovery suggesting this was his plan from the beginning. So I thought I would describe the recovery under a Romney plan as I understand it. For the sake of this Diary I’ve taken the Liberty of calling the private equity Administrator Bean Capital.
I know this topic has been done to death, and the hour is very late. Still this is my perception of what has transpired, and not being an economic genius I would gladly stand corrected on anything I’ve suggested.
This is how I see Romneys plan, it requires a plethora of assumptions as you will see
