Romney taking credit for saving the automobile industry

Romney surprised the political world this week, when he said in Ohio that he deserved some credit for saving the auto industry. He said:"My own view, by the way, was that the auto companies needed to go through bankruptcy before government help. And frankly, that's finally what the president did. He finally took them through bankruptcy. That was the right course I argued for from the very beginning. It was the UAW and the president that delayed the idea of bankruptcy. I pushed the idea of a managed bankruptcy. And finally when that was done, and help was given, the companies got back on their feet. So I'll take a lot of credit for the fact that this industry's come back." At first I thought it was a joke, but then I found out he was actually serious. He claims this based on an article published in the New York Times back when the automakers started having cash flow money. Romney suggested them going to bankruptcy, and re-structure their operations. This was a very risky option if we take into consideration that private lenders were not going to invest money in a company with very low liquidity, and with declining sales. It also didn't take into consideration that if these big automakers go down, the whole industry would go down as well. That's why the Bush, and Obama administration bailed them out, they were more pragmatic, and less ideological. I hope we can see a Romney that is less hypocrite, and more honest. He keeps saying things that are not exactly true( Like saying his dad marched with Martin Luther King), or that do not represent his views before the presidential campaign( Like healthcare) sources:http://www.latimes.com/news/opinion/opinion-la/la-ol-mitt-romney-auto-bailout-20120508,0,3673445.story http://news.yahoo.com/romney-taking-credit-auto-industry-success-031025566.html