In response to:

Obama Did Let Detroit Go Bankrupt

cwalenta Wrote: Sep 08, 2012 11:31 PM
It is difficult of course, but my guess is that the $30bn is the amount that he is referring to as the $40bn debtor-in-possession financing that the government provided while GM operated in bankruptcy.
The Democratic convention took place in an alternative universe in which Mitt Romney wanted a very ominous "bankruptcy" for General Motors and Chrysler -- a catastrophic event that would have put millions out of work. Alternatively, speaker after speaker kept telling us, President Barack Obama implemented a "rescue" that saved all those jobs and avoid that fateful "bankruptcy." It's as if, somehow, not a single Democrat remembers the historic bankruptcy filings by Chrysler on April 30, 2009 and General Motors on June 1, 2009. Which is pretty weird, because they were among the largest bankruptcies in history.

Granted it...